Talk of The Villages Florida - View Single Post - The Prices Of Homes Are C R A Z Y !
Thread: The Prices Of Homes Are C R A Z Y !
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Old 06-20-2021, 04:02 PM
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Originally Posted by Bill14564 View Post
How did TV home prices do in the 2008 timeframe? (I've tried looking but haven't found the info yet) I know my house up north lost quite a bit of assessed value during that time.

Prices are currently affected by the pent-up demand from Covid, increased price of building materials, and extra money in savings due to having nowhere to spend it in the last year. I wonder what will happen if material prices drop, will prices come down or will profits increase? How about when the post-Covid shuffle slows and inventory begins to rise? It will be interesting to watch.
We bought our TV home in 2005. Even in 2008 we never loss the original value of house and if we had sold would have still made a slight profit.