Talk of The Villages Florida - View Single Post - Why Are New Homes Resold So Fast?
View Single Post
 
Old 01-02-2022, 03:17 PM
sail33or sail33or is offline
Senior Member
Join Date: Feb 2016
Posts: 241
Thanks: 6
Thanked 322 Times in 79 Posts
Default

There are many, many flippers in The Villages including Real Estate Agents. They buy new houses, add a couple things, flip it after one year. I know several that do this and they make hundreds of thousands.

And this drives the cost higher and higher. As long as the Boomers keep buying, the flippers will flip.