Quote:
Originally Posted by Randall55
We feel the same. Cookie Cutter homes are the same throughout the Villages. In our opinion, one is not that much better than another. We are more concerned about the possible ripple effect you mentioned. IF it does occur, we do not want to be on the wrong side of it. If prices go up, great! We will take the hit. It is better to buy high in a sound market than overpriced in a down market. Until then, our money is collecting nice interest.
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I think it really depends on the reason someone is buying. If you're buying here to live, find a home you like at a price you feel is fair and enjoy the years you have left.
Why wait?
Unless you plan on reselling soon, who cares what the home values do? Just like the stock market, they go up and down. And just like stocks, you haven't lost a dime unless you sell.
If interest rates go down, the market will heat up again imo. Then prices will head the other direction. But really, nobody knows for sure.