Quote:
Originally Posted by Craig Vernon
The Villages success is based upon likeminded folks that save and move to a beautiful place to reward a lifetime of effort. The last few years have priced homes out of many savers range and moved sales into an elevated investment cycle that hurts the environment for snowbirds and full-time residents. As the place we love becomes a less desirable investment many of the problems that have come with it simply go away. This morning's listings Zillow 384, TV preowned 394, TV new 314 and growing. This is the largest number of listed new construction since I started keeping track in 2020 and just short of twice the number which was 199 in January of this year. I asked the Village Newcomers Jerry and Linda on their YouTube channel if they would or could have moved here if prices were where they are now. The answer was "No," and they are a prime example two retired teachers with pensions coming to their happy place. See you all in February. Have a Great Day!
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IMO If two retiring teachers (what age 50?) don’t have enough funds to buy house approaching retirement they have either overspent ( on children or taking trips every summer ect…). Or been divorced or have medical expense which I doubt the cause due to teachers union healthcare. Each situation different can’t lump all to one example.