View Single Post
 
Old 02-06-2011, 09:05 PM
Advogado Advogado is offline
Gold member
Join Date: Jul 2007
Posts: 1,032
Thanks: 62
Thanked 685 Times in 229 Posts
Default One builder = stable prices

One consideration that hasn't been mentioned is that, because we have only one builder in The Villages, overall prices have not declined here to the extent that they have declined in the rest of the state and in most parts of the country. I.e., the Developer has been able to reduce the pace of new construction to adjust the supply to the reduced demand. I believe that this same consideration makes it very unlikely that there will be any significant future price declines.