Quote:
Originally Posted by Altavia
At the rate The Villages is expanding some people far smarter than I don't expect an impact.
If I recall correctly, prices still rose here during the last recession.
+80% of buyers here are cash so interest rates have a small effect.
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FYI Not quite true. During the 2008 + recession most prices regressed in TV though not as drastically as elsewhere in Florida. We looked at dozens of resale homes in 2010 and 11 and often looked up their price histories. We found homes were being sold at prices well under what they had originally been purchased for pre-2007. We could have bought one particular pool home north of 466 for under $250k that had been purchased in 2006 for $340k.
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Oldcoach Ed
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"
Last edited by eweissenbach; 06-29-2022 at 04:04 PM.
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