New homes on former Army base selling before they're built

About 40 percent of homes going up on a 17-acre former Army base on Long Island, N.Y., have been “presold” in the mid-$500Ks to buyers who saw only the floor plans.

Prices for the remaining homes in the 79-home development are commanding prices “north of $700,000,” Long Island Newsday reports. Source: newsday.com