Talk of The Villages Florida - View Single Post - Designer Lots Topping 200K
Thread: Designer Lots Topping 200K
View Single Post
 
Old 03-03-2013, 10:55 PM
villagerjack villagerjack is offline
Gold member
Join Date: Feb 2009
Posts: 1,355
Thanks: 115
Thanked 133 Times in 62 Posts
Default
Quote:
Originally Posted by rubicon View Post
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
Chairman is on record as saying rates will rise gradually. Housing boom in the 1980s when 30 year mortgage was 9%. Good to own real estate in inflationary environment. Just my opinion.