Quote:
Originally Posted by Yorio
Some of my friends who have houses on sale tell me that sales have slowed down and their houses are on the market for a few months. Perhaps it is because the price went too high in 2013. Pre-owned home price depends on what new homes are selling by the developers. Will be curious to find out what kind of prices will be put on spec. homes east of 466A in Fruitland Park when they build on the newest land acquisition. It is also true that many of my friends up north are getting tired of what's happening with current snow storms. It was 2010 snow storm in North East when we said, let's get something in TV. Also, curious to know when the last of the Boomers are retiring. As you know we are a community of 100M to max 120M. Yes, I know unless Morse family decides to think otherwise. Will we go the way of Del Webb? Who knows.
|
You make a very good point. I too have observed that the new homes in TV are up about 20% over the last 18 months or so. Resales generally follow the same trend.
Real Estate is all about location, location. Secondly, it's all about timing, timing.
I'm always skeptical of anybody who says they have predicated the future---in the past! Anybody can do that! That being said, history can tell us much.
Now, an easy future predication is----when prices get too high in TV (or anywhere else) they will come down. You can put that in your pipe and smoke it!