Talk of The Villages Florida - View Single Post - Homes for sale in T.V.??
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Old 08-10-2021, 11:12 AM
Robnlaura Robnlaura is offline
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Default Demand and supply

Quote:
Originally Posted by DAVES View Post
I have a weird way of looking at most things. Shopping for a home for a friend it is perhaps like picking out clothes, a car ???? a wife??????

Florida population is exploding. The Villages and other such senior life style places are exploding as our population is aging.

The sellers and the realtors are as you and the rest of us aware that demand exceeds supply. There are no bargains. As far as $300,000, there is also the cost of closing, moving, decorating, landscaping, appliances etc etc etc.

We are here full time. We sold our previous home. We took a mortgage as money was is so cheap. We cleared more than enough from the sale of our previous home to pay cash for this one but, chose not to. Even if I wanted to keep it, our next-door neighbor was Dennis the menace.
I agree with you to a degree housing starts are increasing. Lumber prices are dropping buyer fatigue is setting in. I expect a huge amount of homes to come on the market when the foreclosure and rental moratoriums expire as tired landlords decide to sell. Delta is not helping us but I don’t see any real crash but what we have today is unsustainable. In 2006 houses were flying off the shelf and one day it just stopped .. boom