[Carpe Diem]

Current median price of $213k is well below the 2007 peak of $264k. The villa I purchased in 2012 sold for $40k more in 2014 (but I bought at the absolute bottom of the market).

Anything can happen in the short term. However, with "build out" looming there's no reason to think prices couldn't reach 2007 levels in the next 3 years - which would be an increase of 25% (barring an economic disaster).

The best time to buy was yesterday. Second best time to buy is today.

[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.

[Jimturner]

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.