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Originally Posted by justjim
2BNTV---(142K to 179K) Thats about 26% increase in six month all things being equal. That is a significant increase in a fairly short period of time. Yes, I agree good for current owners and not so good for those planning to buy in the near future.
We are in the so called "Final Phase" for new homes. The Developer of TV is certainly using this as a marketing tool and is raising prices accordingly. Will supply any time soon out distance demand?
The interesting question is will these higher prices be sustained following build-out. I doubt you can find a precedent for what is currently happening here in TV.
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I think the precedent is right here in TV. In the period 2001 to 2005. There were dramatic increases in both the new and resale prices.
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