Quote:
Originally Posted by rustyp
Per Zillow.com from home values from 2007 to present:
1. The Villages -23.7%
2. Across the U.S. -23.3%
3. Across the state of Florida -50.6%
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From my experience with real estate investments both in California and Florida, take Zillow with a grain of salt. They have not proven very accurate in many markets.
Our bottom line, and I think of a number of others, is that the home we build in Sanibel this year is our RETIREMENT home as we will be Frogs. That said, we intend to live in it till the end so whether it goes up or down is not as critical to us. Might be critical to the heirs but not to us. As has been said in this thread, "You are buying the lifestyle as well as the home"....