I'll quote retired Federal Reserve Chairman Paul Volker, who responded to a similar question about the direction of Interest Rates>
" If I knew which direction Interest rate were going to go, I wouldn't be talking to you, I'd be on Wall Street and I'd be a billionaire."
Nobody can reasonably predict what the housing market will be like in four years. In general prices go up when a builder stops building in an area because they no longer compete with the resales for buyers, offering below market financing and discounts to move inventory, but, that isn't a guarantee.
I wouldn't purchase my Villages home (and we did March 23rd) with an eye to making money from it in 3-4 years. It is, in all likelyhood, the last home I will ever purchase and, when it comes time to resell it, I'm hoping that it is my children's problem, not mine.
