[Tax-chick]

Could this reflect purchasers from Up North who finally managed to sell the house in New York or Michigan, and now they can pay cash for the little tract home, like they were renting, in Florida?

[rstrahan]

The records can be deceiving. There’s a LOT of double-wide mobile homes in over-55 developments in Florida, that are under $25,000. For that matter, how does a $500 single-wide sound? Lot of them. The issue is that they are in over-55 developments and have 300-600/month HOA dues. Makes them difficult to sell and are often sold for cash.

They are reported as SFR sales, which skews the sales data.

[Ruy Dias de Bivar]

That is what happened in Texas back in the 1990s when Californians sold out, moved to Texas and Colorado, bought the same size home as in California but then still had lots of cash left over to start Califoricating Colorado and Texas.

[cynwoody]

Could this reflect purchasers from Up North who finally managed to sell the house in New York or Michigan, and now they can pay cash for the little tract home, like they were renting, in Florida?

More likely, it's that blue curve. Interesting how a minor uptick in the 30-year rate coincides with a major jump in the green bar height.

I'd really like to know how much of the green is owner-occupied.

[MattinNJ]

Yeah. I will be in Destin in 4 years.

[Hojczyk]

The snow birds move down here and sell the homes in the Northeast for two or three times the price of a house in Florida…and they buy smaller homes…The Canadians are buying in SW Florida like crazy..all I see here are New York plates and Canadian…thinking of moving to Montana but I my never get used to the cold again..

[representativerepublic]

No. Hedge Funds. Just had a conversation with a realtor today about it.