Talk of The Villages Florida - View Single Post - Thinking of Buying a place and renting it out for now. Lots of Questions.
Thread: Thinking of Buying a place and renting it out for now. Lots of Questions.
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Old 01-04-2015, 06:34 PM
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Jimturner Jimturner is offline
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Quote:
Originally Posted by Carpe Diem View Post
Home prices have been rising, but there's no way they have peaked. Despite the rise, median home prices are still $50k below the 2007 peak. There's no reason to think that they will not continue to rise as "build out" approaches . . . and by 2016 or 2017 they should reach or surpass 2007 prices.
I hope your right, but I see a dip by late spring, to early summer. Send me this post to eat my words if I'm wrong. LOL