[jeffy]

I watch the market here on a very regular basis. Things like how many units are on the villages web site (resales) . As of today there are 427 active and pending . This is relatively low. I have seen it as high as the 490s. And other things like incentives and the price of the new homes in the daily open houses. I was expecting that this summer would be a great buying opportunity. We are full timers but have inlaws and a brother wanting to buy here. I thought that with the lack of winter visitors, the villages sales would continue to drop. They seem to be holding up rather well. According to the paper they are currently selling 7 and a half homes a day.

In my opinion the biggest thing holding the villages sales down is the lack of market up north. We know several couples that would buy here but have been unable to sell their current home. They are not willing to have two mortgage payments.

I personally am advising friends / relatives to wait a couple of more months to see how things progress unless they have a buyer for their home up north now.

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jeffy