Quote:
Originally Posted by Aces4
And let's not forget... mortgage rates aren't high, they are normal.  |
Rates are relative high compared to the house payment because of inflated home cost and interest rates. Example: In general a few years ago, you could buy a new designer home in TV for 250 at 3% (or lower)interest rate. We pulled the trigger on a couple homes then. Same approximate home today 500 at 6% (or higher) interest rate. Do the math! Lots are also smaller landscape is less and the Bond is much higher in the new Villages south of 44. Arguably the “value” is less today IMHO.