Talk of The Villages Florida - View Single Post - Looking to build in the Village of Moultrie creek
Thread: Looking to build in the Village of Moultrie creek
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Old 02-01-2024, 02:26 AM
frayedends frayedends is offline
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Originally Posted by margaretmattson View Post
Dont hold your breath! In early January, the Developer slashed the prices of 250+ homes. I checked MLS this morning and 72 homes saw price reductions. The week before, 54 homes. Not likely the market is going to do a crazy turn around any time soon. For some time, we will most likely see prices leveling to undo the high prices of the after Covid craze.

At our age, seeing homes double in price is not a good thing. Insurance and taxes will be higher. The cost to maintain the home will be higher. How much do you think they will charge to place a new roof on a $750,000 home? Remember, if your home price goes up, so does every home. Inflation will go off the charts. It is much better when home prices stabilize.
The point of my post wasn’t about the future. I replied to the person that wasn’t impressed that homes in sourh doubled in price because the homes in the north also doubled. I was pointing out that both situations were impressive.