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Real Estate
Reply to "Tempted to move to great falls from McLean as prices seem to be falling"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This isn't very PC, but here goes: A lot of Asians have moved to that area in the last couple of years especially from the Middle East and East Asia. They seem to favor the large houses. As immigration from this region slows as it will, these houses will fall from favor. Also keep in mind, Boomers liked these type of houses. As the children of these immigrants, will they like these type of houses? That question will drive whether Great Falls keeps its cachet.[/quote] I don't know if it's PC or not, but the observations don't seem very grounded in actual facts (for example, do you really have any idea how many of the buyers are first-generation immigrants, as opposed to their children or non-Asians?) I could just as easily surmise that the Arlington market will eventually tank because Arlington has been especially popular with whites, who will be a minority in the United States in a few decades. [/quote] +1 Thank you for an educated answer to the uneducated babble of first PP.[/quote]
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