Talk of The Villages Florida - View Single Post - Has the value of your homes gone down
View Single Post
 
Old 01-21-2012, 02:51 PM
Bill-n-Brillo's Avatar
Bill-n-Brillo Bill-n-Brillo is offline
Sage
Join Date: Sep 2010
Location: Granville, OH.....and TV snowflakes!
Posts: 6,891
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Quote:
Originally Posted by kentucky blue View Post
Home prices in TV are stable.There are some bargains to be had,but no desperation.Real estate is what i do for a living,so i stay on top of all the trends nationwide.I am very pleased with the price i paid for my home in TV, and have no regrets.Of course, the people that bought in TV 2005,2006,&2007, at the peak of the real estate boom will lose money if they need to sell now.If they hang on and ride out this "government induced and wall street greed" real estate depression, they will be just fine.Can't think of a better place to own a home than TV,come on down and leave that frigid Canadian weather behind .
kentuckyblue makes a key point. Current market value can be higher......or lower......than what was originally paid. Depends a great deal on when it was originally purchased.

Apples-to-apples, any loss in value a TV homeowner might experience is nowhere near the proportion they would have lost on a home virtually any place else.

Bill