Talk of The Villages Florida - View Single Post - Why Are New Homes Resold So Fast?
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Old 12-31-2021, 03:41 PM
Tom359 Tom359 is offline
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I live in the "new" section. Two main reasons....can't sell for a profit until after 1 year, and our houses have appreciated an insane amount since we bought. Two homes on my street have sold for almost 75% over purchase price. Once they announced all of the amenities coming down here that will be a less than 10 minute cart ride for us, the prices sky rocketed. When we bought in 2019, we were told by many people of the mistake we made and that we "weren't really part of the villages". I've had my house for exactly two years, and based on the resales in my neighborhood, I could sell for almost double what we bought for. The problem? Can't buy a new house with the same kind of lot for anywhere near what we bought for. Good thing we love our location!