Quote:
Originally Posted by Rose Ann Vinci Igoe
a new renter next door to me was looking to purchase a home in the villages. The realtors were "told" to PUSH the new construction homes first and hold back on pre-owned homes. They were getting very mad because they wanted an area in the Northern end of the Villages not the Southern. The realtors kept "pushing" the newer homes..etc.. the couple canceled the realtors and purchased a house through "sale by owner"... how true this is, beats me.
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Just a speculative thought: Many Re-sale homes were purchased years ago when prices were considerably lower, so owners have the option to lower pricing and still make a decent profit. New construction is stuck with exorbitantly high construction costs and does not have the same ability to discount heavily and retain the profit margins they expect. A new “Villages Built” home, say priced at $700K, might easily be found in a comparable resale at $100K+ less. With this scenario “The Villages” could sell fewer new homes, thus they steer lookers to new, to avoid showing buyers the better deal with resale.