Slow down in mobile home removal
We live on the historic side of The Villages. When we take our cart out and get our mail we usually take a ride around our area. Love to see what mobiles are being removed and watch them build the replacements. We have noticed that in the last 4 months that no mobiles have been removed. All the empty lots have houses now and most are sold. I use to be able to tell when the developer bought a home over here because they would list it as pending before it was ever listed for sale. They changed their property search site lately and can not tell if they are still buying mobiles over here. The cheapest mobile on the villages property search site is $99,900 for 936 square feet. They use to be able to pick these up for in the $70,000 range. I am wondering if the developer will continue to replace mobiles anymore. They may have been so successful that prices of existing mobiles have gone up so much that they have priced themselves out of the market. There is a limit to what they can charge for a new home and I wonder if the prices for old mobiles is just too high for them to make a profit. Oh well, just wanted to share. I hope they keep putting up new homes.
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