as always with real estate the 3 most important things are location, location, location. Even in severely depressed markets their are micro markets that are not depressed. TV is one of those. Demand is high and there is not a whole lot of bargaining on the price of new homes. It is easier to buy used homes in TV (in my opinion) because the builder is still building new homes at a fairly rapid clip, so it makes sense to me that if someone must sell their home in the villages they would price it below new homes of the same style and square footage, or else potential buyers would just figure "I may as well get a new one". Also, with used homes there is the possibility of some or all of the bond being paid off.
|