[justjim]

Originally Posted by TheCollierCpl

I think the prices will go astronomically. Two reasons: there will be no new building to keep the prices in check. Presently resales keep new prices in check and vice-versa. Secondly, and the BIGGIE, the baby boomer onslaught. Just look at Collier, Gilcrest, Pinellas. They are selling fast and not cheap. And this is the very front end of boomers. In three years the wave begins. Even if the recession continues, NE homes (even discounted) will be less than Florida, so the prices here will continue on the rise, at least in TV. - big demand!

New Retirees prefer new homes over resales. Its the marketing and the availability of the new homes that brings all the prospects to TV---the resales do get some play but they are secondary to the availability of the new homes and the "buzz" of the development of TV. Somebody (maybe TV'S developer) will start-up another community with new homes----golf carts----golf courses-----stores---etc. etc. and TV prices will level off and maybe down a bit but until then prices most likely will continue to go up as long as the economy doesn't crash like '07-'08. For us TV will continue to be a good place to live. Just different after build-out without all the new homes being built and fewer prospects for the resales. How many of us would be here if we couldn't buy a new home? Many of us IMHO.