Home prices are rebounding in many desirable locations. According to Trulia, from 7/13/13 to 10/13/13 home sales prices increased 14.6% in Newport Beach, CA. Over the last year sales prices increased there 26.8%. Since I currently own a Newport Beach home this makes me quite happy. Yay! Yippee!
The Villages is also a desirable location. Moreover, its target purchaser demographic comprises many baby boomer retirees. Since they are so numerous and relatively affluent, their numbers as well as their desire to relocate to a gentler climate and "free" golf all drive the price of homes here. To further compound and support price appreciation The Villages is additionally desirable for its many amenities, relative personal safety and so on.
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
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