Vladimir |
08-03-2014 09:03 PM |
55+ communities, especially TV are unique in retaining and increasing their value vis a vi regular working neighborhood communities like in the NE corridor. The only concern I have is that as prices climb into the $350K - $500K average range it prices many baby boomers out of the market decreasing the potential buying pool. After all not everyone is in that top 10% in wealth, assests or income to be able to afford higher priced homes.
Can we experience a housing bubble in TV? I don't know but the housing market in the US is still shaky and people have lost a lot of equity and money which they may never recoup - that also impacts the pool of people who would like to sell and move here.
Then again this builder knows more than me about his market and has a successful track record thus far.
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