I bought in August 2013 when patio villa's when in low inventory but I paid a reasonable price. Since then I believe the "Daily Sun", had stated prices increased about 27%.
I have seen two homes purchase at way above, what they should have sold for.
If you are going to wait three years before buying, you may pay more, if build-out is completed, assuming you want to purchase, a brand new home. I also tend to believe the pre-owned homes will be worth more, after build-out. As always, the market will determine the selling price. If you are like me, you will go crazy trying to figure out all of the variables in buying a home. I tend to have developed the "paralysis of analysis".
I believe some home owners are capitalizing on the fear of some people wanting to move here, by asking for much more, than their home is worth. JMO
One thing that has helped me to buy here is, "what is it worth to get on with the rest of your life"?
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"It doesn't cost "nuttin", to be nice".  MOM
I just want to do the right thing! Uncle Joe, (my hero).
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