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Originally Posted by Randall55
I have been flipping homes in the Villages for many years. In my experience, homes with views keep their value and are easy to flip for substantial profit. All you need is that ONE BUYER.
I believe cookie cutter homes with no views are experiencing the most difficulty in this market. When every home looks exactly the same as others, buyers have the advantage.
We sold our home for substantial profit a few months ago. We are currently renting. We believe the end of summer will reveal what is going to happen with this market. As a flipper, I am hoping the prices go up. Most likely, this is not going to happen.
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I certainly agree with most of what you have said. It will be interesting to see if post construction contractors and home improvement companies feel the pinch. If they do, that would be the very bad sign and all bets would be off for improvement in the housing economy here. You are wise to rent for the time being.
Things to look for would be competitive pricing between landscapers or pool builders.