Talk of The Villages Florida - View Single Post - Dropping Home Prices in TV is a Good Thing
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Old 10-09-2023, 04:43 AM
hifred123 hifred123 is offline
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Default 2 retired teachers and the villages

We are 2 retired teachers that came to the Villages in 2019. If we had to buy our home now it would cost more than what we paid in August 2019 when we bought it. But the home we sold in 2019 also has gone up in value so to me it would be a wash. We would have received more from the sale of the home and bought in TV at today's prices. I am not sure what the author of this thread is getting at. The prices have risen here but that is true of many places. I can sell my home in TV for more than I paid for it. So why do they think buyers wouldnt be able to afford now and what is the point about falling prices?. Given the majority of people are selling a home and then rebuying here don't the prices cancel out.? Mortgages cost more now but a lot of people who sell their homes to buy here dont depend on getting a mortgage. I dont agree with the thread author.