Anonymous wrote:Honestly, I wouldn’t do a new build if I weren’t staying long term. The new builds won’t increase as much in value in the short term because they sell for a premium because they’re new. Once you live in it, it’s not new anymore.
I don't think the data for the last 5 years in Bethesda and Arlington bear this out. With that said, the old adage about only buying if you plan to stay for 10 years is probably more true than ever, as I think there is a significant likelihood of price declines across the board in the short term, so buying with the intent of moving on in a few years and banking a profit (or even breaking even) is really questionable.