Talk of The Villages Florida - View Single Post - New home sales slump
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Old 09-26-2023, 09:30 AM
Stu from NYC Stu from NYC is offline
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Originally Posted by margaretmattson View Post
Most people know the next areas to be built will be in the Eastport area. With Championship golf courses, country clubs, the square, and more commercial, I suspect people are waiting to purchase. Lower taxes in Sumter County help too. My guess is investors will be lining up to purchase in that area. Just like Richmond, there will be 30 people or more wanting the same houses and they will revert back to the lottery system. Some unlucky homeowners may find themselves on a street with many rentals like those in Lake Sumter Landing and Brownwood.

I'm staying away! Once my home is sold in LSL, I am purchasing farther north. I have no interest in reliving a neighborhood full of rentals. In my next move, I am looking for peace and quiet.
It seems to me that many people come down here and really think they need to make a buy within a week. As a result real estate salespeople will guide them to an area that they are told to by their management.