Quote:
Originally Posted by kkingston57
Most, if not all, readers here should be familiar with what is going on. Real estate has ups and downs. This is not a new phenomenon.
Have to admit that the developers are in a different situation than before. Brother coming in November for a Lifestyle visit. They are housing him in a new area(less developed). Last year he did it also and they stayed < 1/2 mile from Brownwood. New areas are too remote for me and a lot less desirable.
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It is all a matter of OPINION. I do my best to avoid shoulda, coulda mightas. Far as your brother he is lucky to have you to translate what is going on. People, should beware of the bias, my area is better than your area kind of thing. We've been here for ten years. Frankly we chose well and even the timing was good. Personality-I laugh when I hear people typically move three times in the villages. An old line if you don't take the time to do it right the first time you will need time and money to do it again.
We are here full time. November is snow bird season. Cooler, and more crowded. Probably fewer options on the lifestyle visits. We've gotten used to the heat. Summer in Florida is sort of like getting used to snow up north. Happiness is a choice. You can be happy or miserable anywhere.
We took a mortgage when we bought a wise choice at that time. Mortgage money is now 8% and they are making it hard to qualify. Might be wise to know what you can or should spend. I do not know the future but I expect inflation will continue and taxes will go up.