Quote:
Originally Posted by Papa_lecki
Seriously, it’s the developer’s fault?
It’s called supply/demand. Despite the posts on this forum, The Villages is one of the hottest real estate buys in the country, demand is WAY outrunning supply.
The turnpike has been there for years.
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Our VLS agent - last month - stated they average around 700-800 houses being listed for sale per month between MLS & VLS, with 400 or so of those selling.
Busy market, absolutely, but "demand outstripping supply",
umm, not so sure on that.
There is plenty of supply. In fact last I checked, there were still new homes in Deluna that had not sold for what?, 6-9 months post opening up...
Its clear the turnpike was already there. I don't think anyone is debating that. What is the complaint(s), is that TPTB have done little and in some cases,
literally nothing at all, to abate even the obvious noise pollution from it, that has always been there before the first foundation was laid in the south end. (let alone the visual & air pollution concerns living so close, etc) They have only reduce the purchasing price on some, as if this wont affect the homes value & potential buyers of any said property, for as long as the turnpike is in use (ie: forever).
This is not a small issue involving a few unhappy buyers.
Lower home values, reputation, petitions of public record & lawsuits
anywhere in the villages, can draw down all properties within it, even those in unrelated areas. The more they build at/near/over/around the turnpike, the greater the impact this all will have. I fear this is just the start of it.
I do feel bad for those that bought sight unseen, pressured by a perceived lack of availability, thinking everything shown in village sales publications from 2010, was how it actually is in the newly constructed areas of the far south end.
Having now lived in both sections, as many others have, the two areas are not at all the same.