Quote:
Originally Posted by Laurawilcox
Marvin, I understand the surprise. We are needing to wait before we can purchase as well for a variety of reasons as well as pulling equity from current home. Have been aware of the 3-5% increase which is normal for the Villages. This last year has been insane in most markets. Lumber went skyrocketing and our home in Denver has gone up at least 12% this year alone. I hope you find an increase in your current market as well that can make it possible for you to make the Villages happen for you.
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All of us tend to focus on one thing. Reality is not that way it is everything happening at the same time. Home in denver up 12% the villages up 3-5% assuming your numbers are correct, The s&p average is up I think the last time i looked 48%. Loss of dollar value is down 6% in a year. The CPI consumer price index was up 4.2%. A home as an investment far different than say the stock market. There is a cost to sell and it sometimes sells in a day, a week a whatever but other times it takes far longer to sell. The price, the real price is what you net after the cost of getting it ready for sale, taxes, heat, lawn,moving, broker commissions etc etc etc