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 02-12-2022, 09:18 AM
Stu from NYC Stu from NYC is offline
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Prices are going up again. When you look at The Villages website now, designer homes averaging 1950 square feet are hovering at about 500 without a view. View lots on the Chitty Chatty, ponds, golf courses are jacked up to about 700. Turning to St. John’s and Richmond and the turnpike I’m getting the vibe of another 5% increase. I don’t see prices abating in the near future for sure.
You could well be right but at some point interest rates have to go up and that will not be a good thing for the real estate market. Besides no asset goes up forever without a correction at some point.