Talk of The Villages Florida - View Single Post - Speculators gone wild -real estate prices
Thread: Speculators gone wild -real estate prices
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Old 02-12-2014, 02:51 PM
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TrudyM TrudyM is offline
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Quote:
Originally Posted by villagerjack View Post
In many cases we are just back to 2006-2007 levels so, no I don't think there is much speculation or hype.,Just real demand.
And what happened to the prices in 2008 through 2010. Some of these I look at sold for 40 60 thousand in 2010 than people paid for them in 2005 or 2006 and now they are back on the market for 30 to 40 thousand more than the 2005 price so the person who bought them in 2010 is marking them up 70 to 90 thousand over what they paid 4 years ago. But the ones that get me is the ones that purchased 13 months ago and are listing for 60 70 thou more than they paid. I don't think they will get it but still it has an effect on the overall climate of the market in the villages. And I am not even going to the developer is putting pools on all the decent size lots and I don't want a pool place.
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