Quote:
Originally Posted by Normal
You can be academic and give me every reason under the sun for your analysis, but what is, is what is. Home prices have dipped 12% in The Villages and there are more on the market than at the beginning of the year, that isn’t a prediction. What will happen next? That would be a prediction. Pragmatism is accurate while everything else is just smoke and mirrors.
If the Fed raises rates, if more homes start to sell at a lower mean per square foot, then the slump may be here for a while.
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I'll give you the "more on the market" but how did you come up with the 12% decline in price? I believe it to be more like 5-6%.