Talk of The Villages Florida - View Single Post - Middleton - Are The Homes Selling?
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Old 08-04-2023, 06:59 AM
Rainger99 Rainger99 is offline
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Originally Posted by margaretmattson View Post
I took a drive through Middleton. It seems like the home construction and home buying are stagnant. I saw very few residents at the park and on the walking trail. Seems like a ghost town. But, the apartment buildings and Beaumont look to be nearly sold out. I don't get it! Do you think maintenance-free living is the reason? Prices of homes too high? Do they have to pay a bond in Middleton? No interest in frame house construction? Or, just my imagination?
The houses look nice. However, the prices are quite high especially with the current interest rates.

If you add in taxes and insurance, most people in their 20s and 30s cannot afford buying there.

Is the Villages’ bank giving out preferred mortgages?