Talk of The Villages Florida - View Single Post - Designer Lots Topping 200K
Thread: Designer Lots Topping 200K
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Old 03-02-2013, 02:41 PM
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Originally Posted by Cantwaittoarrive View Post
I agree but be careful once the Fed reserve starts raising interest rates home prices will start to tank and it will be 2008 all over again
Cantwaittoarrive: spot on. The Fed is accused of creating the next fiscal cliff by printing more funny money and surpressing interest rates. Experts believe when they open up rates it is going to be like an oil gusher and they won't be able to stop it. I hope the experts are wrong because it could decimate the bond market. Perhaps the Fed will ease into it all and be able to contain damage??????

The prices here are retuning to 2005-2006 levels. I purchased a home on a championship course and based on comments here I beginning to feel wealthy again. Maybe I should test the market????Hmmmmm