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Reply to "How rich are people buying 1-1.5 mil homes?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow it is amazing how much people have tied up in their houses. [/quote] Is it really that amazing though? It's a high COL area. My job and my spouse's job are in DC. To avoid a miserable commute, we bought a close-in suburban house. It's NOT a fancy house, but it did cost $1M. [/quote] The average single family home sale in October in Fairfax was $1M (the bottom end of the scale in this question).[/quote]
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