Talk of The Villages Florida - View Single Post - TV real estate might hold value longer than the average
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Old 06-20-2024, 01:07 PM
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Default Mortgage Applications at 35 year low

Quote:
Originally Posted by CoachKandSportsguy View Post
https://x.com/TrishaFLsun/status/1803763885331112300

Ouch, sale by private equity (PE) landlord starting to unload houses at steep discounts. .
I can't be happier as PE landlords should be limited or prohibited.

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TV has competition for VALUE per sq foot based upon the house alone. .
TV might hold its value more for the location. .
I think many households will be OK as long as they aren’t trying to sell right now. If anyone was thinking of selling, it may be better to just ride things out and pull their home off the market till things get better. It shouldn’t be a time for anyone to buy unless they are desperate or offered one heck of a deal by a seller. Builders in many areas of the state have stopped construction for now.

Of course it is no secret that this week’s mortgage applications are at a 35 year low. Not great when you consider about 55% of all Villages home purchases are financed.
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Last edited by Normal; 06-20-2024 at 06:30 PM.