price
Houses that were purchased in the "boom" times, say 2004-2007 may suffer from a decline in value. It appears that there is still a slight decline in prices of new houses and villas being built and sold now compared to a year ago. Comparable new CYV's are about 4-5% less today than last year.
If you are buying a house that was built/purchased in that high appreciation period, I would expect to buy it at a discount...if you buy new today...the key is that you are NOT buying at the top of the market...maybe not at the bottom but certainly not at the top.
I love the financial advisors saying it is not the bottom yet...ha...will they let you know when it is? Did they advise you of the top of the market?
The key is to try to remove all your emotion (which is difficult) and see if your purchase appears to be reasonable. Ask your agent to give you comps for the last few years.
I think if you buy a new house at today's prices from the developer you will be fine.
You'll love The Villages...
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