Talk of The Villages Florida - View Single Post - Home prices still dropping?
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Old 11-03-2009, 09:56 PM
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Originally Posted by TomW View Post
We got a call from our Villages rep this morning. He said prices are going to increase modestly ($$=???) on November 16th for new homes. another friend in TV says prices of homes have increased 6.5% since their low. I don't know if he meant resales or new construction. Basically the trend appears to be slightly up in new construction. Interest rates are a larger concern in the overal calculation of what a TV house costs.
The Village Reps have been telling me for two years that prices on new homes will be increasing because the cost of building supplies and shipping are increasing.

And yet .. prices keep dropping.

The Village Reps would like you to believe that the TV market is unique and unaffected by what transpires in the real world. Not true.
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