Talk of The Villages Florida - Designer Lots Topping 200K

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)

- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Designer Lots Topping 200K (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/designer-lots-topping-200k-71496/)

Even cottage homes are up in price

Real estate prices are based on what the free and open market will pay, nothing more nor nothing less. I am very happy with my small home(Jasmine), perfect for a single person. Small lot, less to take care of and less price for a gardener. I am in the center of TV and have fabulous neighbors What more could anyone want? Love TV and all my friends. Yes, I get tired of the crowds, but let them enjoy Paradise for a couple of months. I have it all year.

Quote:

Originally Posted by rubicon (Post 635522)

Cantwaittoarrive: spot on. The Fed is accused of creating the next fiscal cliff by printing more funny money and surpressing interest rates. Experts believe when they open up rates it is going to be like an oil gusher and they won't be able to stop it. I hope the experts are wrong because it could decimate the bond market. Perhaps the Fed will ease into it all and be able to contain damage??????

The prices here are retuning to 2005-2006 levels. I purchased a home on a championship course and based on comments here I beginning to feel wealthy again. Maybe I should test the market????Hmmmmm

Chairman is on record as saying rates will rise gradually. Housing boom in the 1980s when 30 year mortgage was 9%. Good to own real estate in inflationary environment. Just my opinion.

Quote:

Originally Posted by villagerjack (Post 636410)

Chairman is on record as saying rates will rise gradually. Housing boom in the 1980s when 30 year mortgage was 9%. Good to own real estate in inflationary environment. Just my opinion.

:bigbow::agree