A lot of money and demand chasing too few goods. Going through the car buying process myself right now – different product but same story, but unlike cars and many consumer goods, you can just pump up the supply side of the equation to counter balance the demand.
$7M is quite out of reach for 99% of the public, but I wonder what is that sweet spot price that balances size, condition and the general area of the home to what you’re paying, if you guys know what I’m asking here — feels like $2.5M to $3M for these NCC homes tracked in this thread?