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O.P. You absolutely should wait. Generally, the longer you wait, the easier it will to see if a price is going to drop. |
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I think you need to understand the current market. Next, location is everything. Next, if it's a resale, you don't know if the sellers started to high and are realizing the market is correcting to a buyers market since interest rates are up. In short, you need to decide what the real price will need to be and make an appropriate offer, and go from there.
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One thing is certain
One thing is certain, prices haven’t started climbing yet. Most have or are still going down.
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I do feel we may be close to the bottom, but then again you can never be too sure. |
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buying into a rising market from a substantial period of stable prices is a better bet, but not a guaranteed bet. The future is always uncertain, sometimes more uncertain that at other times. .. |
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Currently it’s a buyers market in The Villages. That is true but still there are many houses over priced and sellers attempting to get twice what they paid for it two or three years ago. Occasionally a buyer will come along with a satchel full of money and offer very close to the asking price because they can and the property is very close to what they want. It’s an interesting real estate market (a relative new buyers market) in The Villages but overall a better market here for the buyer and seller than you will find elsewhere because it’s still The Villages and it’s still a wonderful place to retire and live. Fore.
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Yes
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