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Reply to "Why do people hate new builds?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was looking on Redfin in arlington ( cause it's fun). I looked to see SFH that had been listed for the longest. There are a couple of shacks ( someone please make an offer and or these homes out of there misery) and the rest are homes over a million. Most are new but a few are older that have been renovated to do extent. All are large. Obviously expensive homes take time to sell, but if we are talking about what people want, it seems people would love to see some more modest homes, close in, at a lower price point.[/quote] +1 We are real estate junkies and follow the market. Modestly-sized and priced homes get snatched up in days. $1.25M+ can take weeks or months. Maybe the county should limit the number of builder tear downs per year. [/quote] Time is money, right? Presumably the sellers/builders weigh the longer amount of time it typically takes to sell more expensive properties against the opportunity for greater profits. [/quote]
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