Talk of The Villages Florida - View Single Post - The Villages Home Prices during 2008 Great Recession/ Views on Current Downside Risk
View Single Post
 
Old 02-27-2024, 08:51 AM
SouthJerseyGirl SouthJerseyGirl is offline
Member
Join Date: Jan 2015
Location: Village of Belvedere
Posts: 41
Thanks: 155
Thanked 48 Times in 13 Posts
Default

Quote:
Originally Posted by Randall55 View Post
It is possible to make more money in investments than real estate. This is true today because interest rates are high and stock market is soaring. When interest rates are low, you should buy real estate.

We sold our home south of 44 for a sizeable profit. We are now renting. Our social security checks cover ALL of our expenses. As an added …bonus, we have no maintenance. Our lives are carefree.
Appwned to buy
Our money is secure and earning high interest. We are waiting what eveto see what happens with real estate in the Villages before we buy. Right now, new home prices are falling and preowned homes are sitting. IMO not a good time to buy a home.
Hmmm…Seems like it’s perfect time to buy right now if prices are down and inventory is sitting around.

What happened to “buy low, sell high?