Quote:
Originally Posted by Randall55
It seems you have an interest in 4 bedroom homes. There are so few in the Villages because they are not that popular. I agree. If you find a buyer who NEEDS 4 bedrooms above all other wants in a home, you will make a tremendous profit. But, buyers looking for 4 bedrooms is a rare breed.
I am talking in general terms. People rushing to buy WHATEVER home or lot they can snatch in the lottery believing they will make a sizeable profit on the resale is gambling. As you noted in your 4 bedroom example, only SPECIAL homes make great profits.
|
And I'm referring to larger more expensive homes. People coming down here from the north used to having a basement find that the 4th bedroom helps to use for crafts, or storage or hobbies, etc. TV is not building them as fast as they were just a year or so ago, DeLuna has lots of them and many with 4-car garages and they sold quickly. For some reason now they are not building them as specs, not because there is no demand for them, probably because they require a larger lot and because of that footprint the bonds are higher but whatever the reason is they are not building them and it's not because of lack of demand. Enough said on my end.