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As houses become less affordable, there appears to be much more demand at the "entry level" range of $1-1.4M out here. So you have much higher $/sqft often time
by shostack 10y ago
As houses become less affordable, there appears to be much more demand at the "entry level" range of $1-1.4M out here. So you have much higher $/sqft often times on a smaller home than on much larger, nicer homes at higher prices. In fact, those have been leveling off lately as there are only so many buyers at higher levels.