[jannd228]

Originally Posted by graciegirl

Anywhere in the U.S.

We have lived in an area of nice homes near Cincinnati for many years. It was anchored by a very nice private country club for the last 40 years...but with the financial downturn and unemployment rising, the private country club was sold and is now public. People are defaulting on their mortgages. The homes that I thought would always be a rock solid investment aren't worth near as much as we thought on today's market. People might want to buy them for what they are worth but they won't be able to get a mortgage approved because they won't assess at that price because of the short sales and foreclosures.

Things ain't pretty most everywhere in the real estate market. It is better by far in The Villages.