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November 15, 2018

After Amazon's big announcement, two quiet real estate markets suddenly are white hot

  • Redfin said online searches for homes in Long Island City soared 248 percent last week, and were up 84 percent in Crystal City, Virginia.
    • By JOSH BOAK
    AP Economics Writer

    WASHINGTON — Amazon has just sparked a real estate frenzy to rival Cyber Monday.

    A three-bedroom condo with Manhattan views that had sat on the market for months, priced at $1.7 million, is suddenly drawing would-be buyers now that Amazon has announced plans to build part of its new second headquarters in Long Island City.


     
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