Talk of The Villages Florida - View Single Post - Lower Sales
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Old 02-17-2015, 07:56 AM
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Quote:
Originally Posted by Chi-Town View Post
The higher house prices in the last year may have something to do with slower sales. $189k patio villas and $400k designers w/o views were not around not so long ago. I'm glad they are, but it looks like the sale cycle takes longer.
I keep up with the year to date home sales that are posted in the Daily Sun. Yes, home sales are down and yes, prices have gone WAAAY up. Homes in my neighborhood have increase 30% in three years. The prices on new homes are now being discounted. I have notice the number of preowned homes has remained constant while the new home sales are down. It takes 30 days to close on the new home so I am eager to see if sales show an increase in March.

PS. I love TV and am not complaining. I am just citing the trend that I have seen.