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[quote=Anonymous][quote=Anonymous]Agree - today's WSJ included an article on the rising home prices across the country - "U.S. Home Prices Rise at Fastest Pace in 15 Years". If you have a subscription, here's the link to the article:

https://www-wsj-com.cdn.ampproject.org/c/s/www.wsj.com/amp/articles/u-s-home-price-growth-accelerated-in-january-11617109259

Our area for housing is hot for a multitude of reasons and besides Mt. Prospect, look at Pulte's Tower Oak community and Lennar's SFH in Gaithersburg (Quince Orchard HS district). All sold out or selling like crazy as there are fewer new SFH being built.

[quote=Anonymous][quote=Anonymous][quote=Anonymous]That person, whoever he/she is, either has no interest or cannot afford, really needs to move on rather than keep trolling here bad mouth the community and TB sales every other day.  This thread provides information for Mt. Prospect buyers and potential buyers, so even if that latest price hike message is from a sales agent, that is a fact and informational for others.  The demand for this community is so high that TB keeps raising prices is also a fact, the sales agents probably have 100+ emails every day to answer/reply for all the current buyers and potential buyers on the waiting list and new inquires, there is really no need to come here to advertise.  The community's continuously raising price (5 times so far?) speaks for itself.[/quote]

The increase in prices is not just for demand.  Sure, some of it CAN be demand, but the reality is that materials prices are going up.  We are building in a different hood with a different semi custom builder and in the last 4 months, they have raised prices 3 times (citing supply chain and overall cost of materials as the reason).  Thankfully we locked in a few months ago but these are increases we're seeing across all the builders.  Congrats to those who get in that first VIP list and were able to lock in prices.[/quote]
Material prices were already high in September when they opened, maybe went up 15% since then...the rest is simply demand. This is a hot neighborhood that’s in demand despite what the naysayers believe.[/quote][/quote]

Agreed. Folks are willing to pay for new construction. Older homes in the area will have a hard time selling in a few years unfortunately [/quote]

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