Quote:
Originally posted by pbs911
Eastbluff, Newport Beach we sold at $674 per sq. foot.
Not bad for paying $316 a sq. foot just a little more than 3 years ago.
.
|
some guys are players, some are not.
In La Quinta lower value lots a few years ago are currently in big demand. Some contractors are sending a signed contracts to the owner offering 100k/lot. The area has extraordinary potential, I think? So some thinking is that if the contractors are that hungry it's probably ready for those next door/down the block $1-3 mill gated housing.
My close area has been seeing serious appreciation, in metro NY, because we're running out of space and have plenty of liquidity. La Quinta's appeal is 120 golf courses within 75mi ++.
So anyway.. Is Newport's re action similar to Manhattan Beach's ?