Reply to For those in Mclean/Langley: when do you think inventory in your neighborhood will go up?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Inventory will go up when apartment buildings are constructed there. Until then, it will be tough.[/quote]

But then it will no longer be a "coveted" area -- just another Tysons with low income families in two bedroom apartments.  [/quote]

What area are you talking about?

While there are some affordable housing set-asides in some of the newer buildings, most of the newer two-bedroom apartments in central McLean are expensive.  Look at the prices for the Signet building or Evans Farm; for example:

https://www.redfin.com/VA/McLean/6900-Fleetwood-Rd-22101/unit-503/home/169132268

https://www.redfin.com/VA/McLean/7222-Farm-Meadow-Ct-22101/unit-202/home/9851702

[/quote]

DP and an agent who works in McLean.  It sounds like OP is looking for a house, not a condo.  [b]Most of places in The Signet were purchased by foreign investors who are now trying to dump the properties at or less than what they paid for them.[/b]  Evans Farm is nice and has some single family homes, but it is total built out.   The poster is talking about what Arlington is planning to do:  rezone single family neighborhoods along what was once Lee Hwy and is now Langston Blvd so that more apartment buildings can be built there.

Fairfax could do something similar by rezoning the neighborhoods along Dolly Madison Blvd (Rt. 1230 from Lewinsville Road east to Merchant's Lane for apartments. [/quote]

There was so much hype for the Signet and it didn't meet expectations at all.  Is that why investors are dumping their properties like crazy?[/quote]

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