Quote:
Originally Posted by DavidCovid
The home price increase in The Villages are out of control.
Example-
A homeowner purchased his home new for 400,000 and listed his home for sale by owner for about 599,000 for approximately a week. The house was taken off the market and relisted with a real estate agent for 699,000 and sold within 10 days for near ask. What is going on with these prices???
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This is happening almost everywhere with higher % changes than in TV, It is worse in areas where in there is a lack of undeveloped land.
At least this is not the early 2000's when banks were lending money with no money down and no proof that a person qualified for a mortgage.