[poromo]

Noleguy,
There are about 1000 resales for sale in TV and another 1000 new homes. As you say, people are moving in but many of the resales are vacant and bleeding the owners each month when their housing payments are due. It is also a tremendous emotional stress on owners waiting to unload a piece of property in this uncertain market.

The Sumter County Appraiser's Office is showing less than 100 home sales per month. At that rate the current inventory is almost two years.

Unless an owner has the cashflow to wait out this market, the prices must drop. This pertains to resales as well as new homes.