Talk of The Villages Florida - View Single Post - Will this happen in The Villages?
View Single Post
 
Old 01-19-2025, 09:24 AM
Switter Switter is offline
Senior Member
Join Date: Jul 2023
Posts: 264
Thanks: 27
Thanked 135 Times in 91 Posts
Default

Quote:
Originally Posted by SoCalGal View Post
Our lifestyle tour realtor said that price declines elsewhere in Florida don't significantly impact the home values in The Villages. What has been your experience?


Florida Housing Market Facing 'Widespread Price Declines' - Newsweek

There are a lot of dynamics that go into the price of housing as of late, especially in Florida and the villages specifically since it is a retirement community and people move here for a very specific reason.

I don't think anyone can accurately predict where the housing market is going from here. It was ridiculously inflationary over the last handful of years and a correction is likely due at some point. To add to the uncertainty, the trend over the last couple decade towards viewing single-family housing as primarily an investment versus a place to live has made an even bigger mess of the market, i.e. housing crash of 2008 and the inflation over the last decade.

I probably overpaid a little for the place I bought a year and a half ago. However, I didn't overextend myself and in the end I'm satisfied with my purchase.

Last edited by Switter; 01-19-2025 at 09:36 AM.