[KRMACK55]

Originally Posted by Kenswing

It appears you know NOTHING about real estate. The buyers set the price. Not the sellers.

We recently sold our house. We presented an asking price. The buyers decided to bid it much higher.

Thank you that’s exactly what happens. Unbeknownst to me i tried to sell my house on my own but the flippers and low ball investors posing as residents here offered less than i paid. Then a buyer from CA who wanted an extra large lot found my Zillow then made an offer and for the first time I’m getting a fair price. I’m leaving the grumpy opinionated villages it’s not real life and it was a big mistake for many people. Zip it if you don’t know what you’re commenting about it.

[Velvet]

Originally Posted by merrymini

I love the “greedy” guys. Your home is usually the biggest single investment people make and I see no reason why people should not sell if the opportunity arises to make money. People have bought in a hot market before, and had to eat it when things cooled off. So, if you are willing to risk buying at a high point, go right ahead.

Because you can’t buy everything with money. Some people buy a “home”. And they individualize it to their preference, and they like their neighbors, and they have a family history in that home … and then some yahoo makes the assumption that if they offer enough money, the homeowner will sell?

Money is only worth as much quality of life it can buy.

[ithos]

Originally Posted by KRMACK55

Thank you that’s exactly what happens. Unbeknownst to me i tried to sell my house on my own but the flippers and low ball investors posing as residents here offered less than i paid. Then a buyer from CA who wanted an extra large lot found my Zillow then made an offer and for the first time I’m getting a fair price. I’m leaving the grumpy opinionated villages it’s not real life and it was a big mistake for many people. Zip it if you don’t know what you’re commenting about it.

You are definitely in the minority but I am interested in what you mean by your description of villagers. You seem quite angry and I am not sure if a change of zip codes will do much about that.

[tghoul]

A salesman told me that in June The Villages set a monthly record for new home sales.

[shut the front door]

Originally Posted by Dr Winston O Boogie jr

Property values have never gone down in The Villages in any year since 1985. The Villages is not like the rest of Florida or the rest of the country.

Try telling that to the people who bought in 07 and lost over a $100k when they sold 7 years later.

[Dr Winston O Boogie jr]

Originally Posted by shut the front door

Try telling that to the people who bought in 07 and lost over a $100k when they sold 7 years later.

Please state some actual cases.

[kathyspear]

Originally Posted by Hiltongrizz11

You cannot possibly say that. That's such a broad and blanket statement that it's just not true

When you don't quote the post you are replying to nobody knows what you are referring to.

kathy

[ithos]

Originally Posted by shut the front door

Try telling that to the people who bought in 07 and lost over a $100k when they sold 7 years later.

But this time is different. That will never happen again.

However, in researching The Villages before buying, I discovered that Sumter County was near the bottom in rates of foreclosures in the country.

[Spalumbos62]

Originally Posted by nick demis

Sounds like some one is envious to me.

Lol...sure looks that way.

[DALEPQ]

It is really "Econ. 101" - Supply and Demand!!!

[cj1040]

Accept not except which means to exclude. Every seller wants to maximize their profit. What buyers are willing to pay is what determines the market. Bank appraisals if mortgaged can bring the deals in line a bit too.

[Sportsguy1]

Scooter the DJ always says ‘be nice to the kids here, they are going to pay you more for your home than you did’!
In all seriousness, my wife and I just bought a home here. We’ve been coming for years and renting for a few weeks, then a few months and now we bought. Low inventory of homes are certainly making it a sellers market but also the 2.85% interest keeps your payment down if you take out a partial mortgage on your home. We most likely paid a few thousand more than what we could have say a year or two ago but there is no place like this in the world and to make this our retirement place and enjoy and live the lifestyle for the next 20-30 years it was well worth it.

[Sportsguy1]

Scooter the DJ always says ‘be nice to the kids here, they are going to pay you more for your home than you did’!
In all seriousness, my wife and I just bought a home here. We’ve been coming for years and renting for a few weeks, then a few months and now we bought. Low inventory of homes are certainly making it a sellers market but also the 2.85% interest keeps your payment down if you take out a partial mortgage on your home. We most likely paid a few thousand more than what we could have say a year or two ago but there is no place like this in the world and to make this our retirement place and enjoy and live the lifestyle for the next 20-30 years it was well worth it.

[Guitarman1951]

Greed has absolutely nothing to do with it. It is basic supply and demand economics. Realters know the market and adjust the selling price for your house accordingly. If the market was at $400k for your house, would you sell it for $350k just so everyone knows that you're not greedy? The market will adjust itself when the buying slows down.

[Neils]

Basic economics

Higher wages generate inflation, artificially low interest rates fuel home prices, gov pumping trillions of $ hot off the printing press out to every needy corner they can think of.

Perfect storm.

Who loses? Anyone with cash or living on a fixed income.

Hang on for the ride