Talk of The Villages Florida - View Single Post - I don't mean to beat a dead horse, but are these prices of used homes for real.
Thread: I don't mean to beat a dead horse, but are these prices of used homes for real.
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Old 01-31-2022, 07:35 AM
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BlueStarAirlines BlueStarAirlines is offline
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Quote:
Originally Posted by rustyp View Post
If a new home is in your near future then:
- Don't sell high and buy high now
- Don't sit and do nothing (your present house value will also go down)
- Sell now and rent (anywhere) until the crash comes then buy
This is exactly what we did. We sold at the peak when there was a frenzy. House had some big ticket repairs/replacements coming in the next year or so and buyers waived all inspections. Crazy! We took the money and got a two year lease on a rental in TV. We're looking to buy our home, but are in no rush.