Talk of The Villages Florida - View Single Post - Comparing the re-sale Homes For Sale..... North and South of 44
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Old 05-08-2020, 08:56 AM
justjim justjim is offline
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It’s neither a Sellers market nor a Buyers market. Seems contradictory doesn’t it? The market is currently an anomaly. If your a seller and price your home “right” it will sell. If your a buyer and do your homework it’s a buyers market. But It is my observation that many homes south of 44 are overpriced. Many north of 44 also are overpriced. Few homes that are 50,000-75,000 overpriced are going to sell. A Buyer must do their due diligence or risk overpaying for a home in The villages. It’s been reported, understandably, The Villages “Lifestyle Program” has come to a halt. Airlines are not flying and people are staying close to home do to the coronavirus. This eliminates many potential buyers. Therefore it’s not a sellers market as many buyers are not available. It’s not a buyers market when homes are overpriced. There you have an anomaly in the real estate market.
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