Quote:
Originally Posted by Jayhawk
Maybe, but there are at least 50,000 or more "not new construction" homes in The Villages. If 3% of pre-owned homes (about 1,500) are listed for sale at any moment, that is not an unusual market in pretty much any geographic area. Certainly, the sky is not falling.
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Less than 1% of homes are generally on the market at any given time. 3% for sale, would mean there is a 3 year supply of homes for sale. The sky would fall.