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05-29-2018, 12:10 PM
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Gold member
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Join Date: Aug 2007
Location: NY, FL, PA, TX, NC, TV
Posts: 1,497
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Quote:
Originally Posted by twoplanekid
If they were to sell 48,000 new homes at the rate sold in the past three years, it’s going to take around 20 years. Increasing the sales rate by 50% would reduce the years to 15. However, as the Villages grow so does the number of preowned sales which eats into the new home sales number. Last year, the number of preowned home sales was larger than new for the Villages sales force.
As Village growth plans are usually not foretold for the next 10 or more years, I am a bit surprised by all of these land purchase announcements. Maybe we will all be surprised by a different community to be built on some of these lands?
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The rate of new home sales will pick up as soon as their is connectivity to the rest of The Villages from the areas south of 44.
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