Resale Prices Declining Overall


They don't really seem to be all that much lower, and the volume of contracts available is lower now, too. That said, I think we are potentially in for a rough economy in a few months.

When I looked at the last month or so of direct Riv purchases, it appeared that about 2/3 of people are financing, at least at first. We may see more deed-in-lieu-of foreclosures (aka, returning your contract to Disney) and more contracts for sale in addition to lower prices if the economy does get rough. It appears (based on occompt) like a lot of direct buyers in the last five years may have significant outstanding loans against their contracts, so many of those contracts may go back to Disney if they can't afford to keep paying and don't have the equity to sell on the private market.
 



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