Quote:
Originally Posted by Penglobal
Hello All - I'm Susan, from Lancaster, single and have finally made the decision to buy a home here in The Villages. I'm currently here in The Villages searching for a home and I'm very amazed by the prices of both new and used homes here.
In the new southern area, homes are selling very quickly, supply is low ( compared to last year ) and new homes prices are just crazy. Used home prices are even worse.
How are you guys dealing with the massive increase in home prices within The Villages?
Should I wait until the prices stabilize?
I can't believe that a new house I saw three years ago when Fenny first became developed is now on sale on the used home market for 40% more in just three years !
I have no idea what to do, please help. Thank You Susan of Lancaster
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Look at other areas then. If you buy a new house you will find that you need to sign a waiver for the villages to use aluminum rather than lumber and every year they make the houses cheaper offer less and lots get smaller. My house is 2 years old and I want to sell. It’s a large house and the only bites I’m getting in Fenny are people looking to list flip or want a bargain. I may be forced God help me to use a realtor as I want out by September.
Expand your search. Prices won’t go down as interest rates go up.