Talk of The Villages Florida - View Single Post - Villages Q3 Market Update
Thread: Villages Q3 Market Update
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Old 10-31-2023, 09:07 PM
margaretmattson margaretmattson is offline
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Quote:
Originally Posted by dougawhite View Post
Your 2023 vs 2022 comparison shows 15% fewer New Homes & Villas have closed in 3Q23 than in 3Q22. A 15% reduction sounds like a pretty big drop to me, and I would guess the new homes sales team is getting some pretty significant heat from their bosses...
Good catch. Falling demand could possibly cause a crash. Especially, if the falling demand is in the same area of the Villages. A reduction in prices of homes is not the only indicator of a crash.
Last edited by margaretmattson; 10-31-2023 at 09:20 PM.