Talk of The Villages Florida - View Single Post - Are New Houses Selling More Than 100 New 4 Sale
Thread: Are New Houses Selling More Than 100 New 4 Sale
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Old 09-02-2023, 08:50 PM
Pairadocs Pairadocs is offline
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Quote:
Originally Posted by frayedends View Post
Interest rates are high compared to a couple years ago. But historically, we are at a more normal interest rate currently.

I have no way of knowing, but my "gut feeling" is planned retirement communities like the Villages "probably" has a much lower number of buyers who take out mortgages. Of course some will, for various tax and other reasons, but I suspect mortgage rates do not affect sales to the degree they do in traditional sub divisions ! ?