Its my belief that most of the multiple home buys in TV were due to "Flippping" prior to 2006. I mean it was easy to buy one day and sell days or months later for $1000's profit without even moving into the house and then buy another new home that was bigger and more modern. 2003-2006 were absolutely crazy years here in The Villages. Also alot of people back then made their initial purchase in TV not expecting it to be their permanent home but then they got here liked the lifestlye a little and then said this is for us.
Today however, in our small section of approx 82 designer homes which opened in August 2006, there have been at least 5-6 families that have moved to other homes within the Villages. In most cases these people initially bought the smaller designer, wanted to down size from up north and may not have been here full time. Then during the next 5 years they find out they want to spend more time in TV, the smaller house was not to their liking and they moved to a larger designer that had more amenities.
So people are still moving within TV but I dont think it is as fast as what it was prior to 2006. If you bought in TV in 2006-2007, any sale today most likely would not exceed your initial investment, or if it did, not enough to make you move for investment purposes. The drop in home prices and we know it today did not take place until around 2008.
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