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Reply to "two million is the new starter home price for close in neighborhoods"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I live in N Arlington and it does feel like everything on the market near me is a 6,000 sq ft new build for over $2m. You aren't seeing normal houses for sale, though I'm sure there are some but they just go under contract instantly. All of those gigantic new builds were previously normal sized houses at much lower prices, usually between 700k-1.5m. The redevelopment of those lots undoubtedly is making housing in N Arlington more expensive. The price of these new builds has also gone up dramatically. A few years ago, when we moved to Arlington, those new builds were also going for 1.25m-1.5m. Now they're 2m-2.5m. I'm consistently surprised by the price points, especially given interest rates.[/quote] New build are more like 2.5m - 4m+[/quote] It's not quite that bleak. [url]https://redf.in/0xUgFf[/url] [url]https://redf.in/dqpu6y[/url] [url]https://redf.in/XmnY4I[/url][/quote]
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