Quote:
Originally Posted by Markus
BUT.... if you look at MLS sales in The Villages sales are also holding steady as well. In talking with a realtor investor sales have slowed down. Reason is if they have to take out a loan now with higher interest rates the math no longer works.
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I would be surprised if there was a big slowdown now, the experts predict the big housing market hit won't be until mid-next year.
Yes, there was a downturn in prices in 2008 in The Villages. Why would anybody here care, though, if they own their home. We're all on our way out soon, so live and enjoy. You can't take money with you. That said, anyone buying Villages property as an investment is in my mind, nuts!