Quote:
Originally Posted by rubicon
Statistics while appreciated are misleading because its not comparing like, kind and quality . We all know that when it comes to buying a home its location, location, location. its all size stucco vs siding, amenities, etc
That CYV at Lake Sumter maybe purchased for $730,000 if the sale went through. Look back at his stats. CYV on a golf course also go for more than his average.
What was interesting and may be useful all of the categories listed had an average less than 100%
I bought at the highest in 2006. I haven't made an effort to see what market value would be set but based on what is advertised on comparable prices I don't believe I have a sufficient equity gain. The market may be stronger here but it still is affected to some degree by the national market.
|
The Villages is not immune to swings in market price. I lost a tun in Georgia selling in 2009 and knew I would, but the Villages was bottomed out in 2009.
I gained my loss back whe we purchaced. Right now is a sellers market in The Villages. Not a good time to buy here.