Quote:
Originally Posted by Laker14
Well, thanks for the explanation. All of those dynamics I previously understood. I was taken aback by another's definition of a sellers market as one in which homes eventually sold for more than asking price. I can understand that may be an occurrence in an extreme sellers market, but would not have thought it a requirement of a sellers market.
From your explanations I'd take it you agree with me.
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Yes, I agree. Like you, I have advised my daughter to wait before purchasing a home in the Villages. 400+ available homes sitting in Dabney/Denham, 175+ available lots, 200+ new homes near completion in Moultrie Creek = one hell of an amount of inventory. I highly doubt prices are going to increase soon.