4 bedroom 2500 sq foot homes have broken through the 500k price point and are making it further down into the mid 4s in SEH. If this person is looking at it for his family, long term home, it could be had for under 3K on a 30 yr fixed.
Thats getting close to what you could rent the place for. Just heard the sports club is in process. Also heard they are working on completion of the commercial spaces in the towncenter.