According to EYA, 10 homes are now under contract and six have been reserved. One home won’t even be ready until August 2014.
This is a welcome change for the Arts District Hyattsville which saw a slowdown in recent years as the entire nation went through a real estate slump.
Roughly 10 people camped out on the day of EYA’s 11 a.m. grand opening, arriving as early as 3 a.m., to be the first to purchase a new EYA home in the Arts District.
EYA made a two-part land deal with Pulte, which is responsible for 136 of the homes on Arts District East while EYA is responsible for 61. Both developers are building simultaneously, which EYA said will help to complete the remaining construction faster.