Quote:
Originally Posted by justjim
Real estate appreciation in The villages has had a good run. There are still many resales over priced. Instead of 50 up to 100% profit reality change to 25-35% of original purchase price over a two to four year timeframe.
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Absolutely correct, six percent a year is a good return if updated and maintained over time. The last four years have made owners think their homes are worth what many overpaid just a couple years ago. The smart investors have left so now homes will be restored to the norm or will become short term rentals.