Earlier this summer, when this sign went up on a site in Ellicott City, it advertised new single family homes “from the $450’s.”
About a month later the sign was modified to read “from the $460’s.”
Last week it was changed to “from the $470’s.”
Though it is somewhat encouraging for the local economy to see the prices going back up there is a mixed signal here. Since this sign went up no new homes in this community have actually started construction.
About a month later the sign was modified to read “from the $460’s.”
Last week it was changed to “from the $470’s.”
Though it is somewhat encouraging for the local economy to see the prices going back up there is a mixed signal here. Since this sign went up no new homes in this community have actually started construction.
Could this be a good sign?
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