Quote:
Originally Posted by Byte1
Now is the time to buy, because the prices in the Villages are dropping significantly.
|
typed like a true real estate sales person. I've seen people take this advice, and continue to lose money. . a friend bought a Myrtle beach condo at $180K after sales rep said same, after drop started. Sold out at 90K when the rentals didn't materialize in the golf course program. . (over saturated) and prices continued to drop.
one buys when the market stops dropping and actually starts to rise, if doing so for an investment, or for buying as cheaply as possible., ,.
If one buys to live, price is important, but timing the market is irrelevant. . . house prices go up and house prices go down, irrelevant unless you are buying or selling.
If living in a house, you want zero appreciation to keep insurance and taxes from rising faster than inflation.