Quote:
Originally Posted by Robbb
I just read online the stock market decline this year has taken 17 trillion out of the economy, in addition todays 30 year mortgage rate is 7.5%+ yet dozens of new homes are being sold every day in the Villages. I am financially very secure but no way am I going to drop 500K on a house in this market. I just don't get it.
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They must have an overabundance of money. I saw some vinyl siding houses - one bedroom, one bath 800 something square feet (barely small apartment size - and apartment grade) selling for $220,000 in DeLuna. Imo, way waaaaay over priced. But I guess somebody must be buying them .