Talk of The Villages Florida - View Single Post - Dropping Home Prices in TV is a Good Thing
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Old 10-07-2023, 05:46 PM
Michael 61 Michael 61 is offline
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Quote:
Originally Posted by Robbb View Post
I maybe in the market for a new home, are you seeing those prices decline? I have not seen that but could be wrong. The problem I see with the new homes is there is nothing around them to go to without a long golf cart ride. Richmond is perfect but its all rentals.
Richmond is not ALL rentals, though higher in rental properties compared to some of the other newer villages, because of it’s proximity to Brownwood - will be interesting to see how many of the investments properties in Richmond will come on the market at the one-year-mark (Nov-Dec-Jan), and may flip to resident-owners.

The developer also is busy moving dirt on the east side of Meggison, and beginning to lay the groundwork for the final construction of Richmond homes (approx 85 new homes) — expect those to sell like “hotcakes”.
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Last edited by Michael 61; 10-07-2023 at 05:50 PM. Reason: Spell check