[DrMack]

Originally Posted by Normal

It would depend on the year of purchase. Last week’s sales data demonstrated a loss for Villages owners who purchased in 2022. Now if you bought in 2018, then yes, you would hardly feel the effects of the inventory boom. One house in the Villages sold last week posted a loss of 44 K off the original 2022 purchase price not including realtor fees.
Homeowner Sells $44,000 Below Their 2022 Purchase Price - YouTube

Almost a year ago we decided to buy a home for retirement because I was selling my practice. We built and after only a month we just decided it wasn’t what we wanted. We are soon renting the home out and have another place in mind. We never in our wildest dreams thought we would actually lose money. Hopefully the market turns around by next Spring.