Quote:
Originally Posted by Pairadocs
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 ! ?
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As has been said, Interest rates affect the sales of the home they're selling in order to move to TV.
If they can't sell their home, it can make buying a new home in TV more difficult...