u/WriterTraining4394

Did EYA badly misjudge demand at Rockshire Village?
I’m genuinely curious how something like this happens. Before a developer buys land and plans a 60-home project, don’t they do pretty extensive market research to figure out demand and what people are actually willing to pay?
EYA bought the former Rockshire Village Center site and planned 31 single-family homes and 29 townhomes. They opened sales in November, with townhomes starting around the $900s and single-family homes in the upper $1.5M range.
There was clearly initial interest EYA said hundreds of people came to opening day and 8 homes were reserved. But now the project has apparently changed direction.
So what went wrong? Was the pricing simply too high for this particular location? Or can the market really change enough in less than a year to make all the original research meaningless?
Would be interested to hear from anyone familiar with real estate development or who actually looked at buying there.
I am shocked to hear what’s going on in my community and the lack of due diligence.

Back in the 1990s, I was in the civil service for a year earning ~£20k

Fast-forward to today, aged 56:
• Federal scientist in the U.S.
• Salary of more than $200,000
• Over 16 years of federal service
• Around $1.3 million in retirement accounts
• FERS pension potentially worth more than $1 million over retirement
• Eligible for Social Security from age 62
• Federal healthcare in retirement
• Home worth around $1.3 million

Pals how am I stacking??

Those grads who spent big money on a their uk university education, where the fuck are the jobs at?

Fast forward to today at 56:
● Federal scientist in the U.S.
● $200k+ annual salary
● 16 years of federal service
● ~$1.3M in retirement accounts
● Lifetime FERS pension
● Social Security waiting for me
● Federal retiree healthcare
● ~$1.3M home
● 80+ coauthored scientific papers
● h-index of 47
From scraping by to becoming a seven-figure investor with a six-figure federal career and a retirement package that should let me sleep well for the rest of my life.

Pals… how am I stacking up for 56?

Today was my first day on 50% telework, and honestly, it was the best single workday I’ve had in over a year.
No traffic. I got to sleep in until 7:30, which meant an extra two hours of sleep. I had a home-cooked breakfast and actually had time to chat with my family before starting work.
At lunch, I had a home-cooked meal instead of rushing through something at the office. After work, I went for a run at 5:30 and still got home earlier than I would have if I’d had to commute.
Now I’m spending the evening with my kids, watching TV and helping them with projects.
It’s wild how much better life feels when work doesn’t eat up the entire day.
How was your first day of telework, if you were lucky enough to get it?

Disappointed there wasn’t any email or communication about this temporary telework guidance last week, so I’ll do the honors for anyone wondering.
Starting Monday, due to the Red Line Metro closure at the NIH Medical Center station, temporary 50% telework goes into effect for some folks.

With the potential boundary change moving parts of the Wootton cluster into the Crown cluster, it seems like there are noticeably more homes for sale for example in Fallsmead than we’ve seen in recent years. Anecdotally, they also appear to be sitting on the market longer than what was typical over the past few spring and summer seasons.

I’m curious whether others are seeing the same thing or if this is just normal market seasonality.
A few questions for the group:
Do you think uncertainty around the possible Wootton-to-Crown reassignment is affecting buyer demand?
Are families specifically looking to stay in the Wootton cluster, causing some hesitation?
Or is this simply a result of higher inventory, elevated mortgage rates, and a slower overall market?

Thanks in advance

Thank you Sir.

There are rumors circulating on Reddit that we might get July 2 off or be allowed to leave four hours early.

I haven’t seen any evidence to support this, but I wanted to share it here in case anyone else has heard the same.

Hope everyone is able to find the peace and love in your heart to enjoy the 4th July even within the chaos we find ourselves.

In the 1980s, I was working at Pizza Land off Princes Street in Edinburgh making about $3/hour and struggling to get enough shifts to cover rent and meat.

Fast forward to today at 56:

Federal scientist in the U.S.
$220K salary
17 years of federal service
~$1.3M in retirement accounts TSP
FERS pension
Social Security eligible
Federal retiree healthcare
~$1.3M home

From scraping by on pizza shop wages in Edinburgh to building a scientific career, financial stability, and a meaningful publication record.

Pals, how am I stacking up?

Disappointed that nobody talked about the importance of this federal holiday at work so I will do the honors for those who wish to know.

Juneteenth commemorates June 19, 1865, when Union troops arrived in Galveston, Texas and informed enslaved people that they were free.
The Emancipation Proclamation had technically been issued over two years earlier, but it wasn’t enforced everywhere immediately. Texas was one of the last places where many enslaved people were still being held.
So it’s generally recognized as a celebration of freedom and the effective end of slavery in the U.S.

Happy Juneteenth everyone!