While the rest of luxury homes in the US are soaring in prices and sales, sales in Dwight Schar's Bella Collina continue to look desperate, considering it is 19 years on the market with only about 10% real family residents occupancy. Some may call it "pathetic" or "grand failure". Homeowners in Bella Collina continue to face difficulties selling their homes like in the rest of the country.
Dwight Schar, Extortion, Gangster, Harassment, Bella Collina
"It seems to me like homeowners are disappointed in Bella Collina, named GHOST TOWN in the media," says Don Juravin, a resident of Bella Collina, in central Florida, located in a remote location about 30-50 min from Orlando. Bella Collina is controlled by Dwight Schar, who has been accused of EXTORTION by his business partner, Dan Snyder, and to act like a GANGSTER. Similar accusations against Dwight Schar are heard from Bella Collina residents holding him to be responsible for harassment and intimidation of women and kids in Bella Collina. Residents of Ryan Homes accuse of GAUGING their rights.
Luxury Home Sales Surge a Record 61%, Quadrupling Pre-Pandemic Growth
But Not in Bella Collina
U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since at least 2013, That nearly quadrupled the growth seen during the three months ending Feb. 29, before the coronavirus was declared a pandemic. It also far outpaced the 14.8% increase in sales of mid-priced homes and the 6.8% uptick in sales of affordable homes, as America's "K-shaped" economic recovery put more money into the pockets of the country's wealthiest homebuyers.
The report is based on an analysis that divided all U.S. residential properties into five price tiers based on Redfin Estimates of the homes' market values. As the U.S. unemployment rate has declined, sales of affordable homes have made a comeback after plunging around 30% in the spring. But growth in this segment still pales in comparison to growth in the luxury tier, as high-earning Americans take advantage of stock-market gains, record-low mortgage rates and the flexibility to work from anywhere, gathered Don Juravin.
Low- and middle-income Americans aren't out of the woods when it comes to this recession. Affluent Americans are out of the woods, and they're at their beach houses sipping margaritas. When times are tough, banks are most likely to dole out home loans to the people who need them the least.