Quote:
Originally Posted by frayedends
You want to buy a new construction home to remodel? Okay.
As I said in a previous post, the homes in my area are selling a few per week. As you would expect, view sites are gone fast. Interior lots are sitting longer.
There are likely many reasons for a slow down. First, the market has been slow. I think I read something like slowest in 12 years.
Second we are just getting out of the holiday season, which is generally slow.
Third, it's still a slow time of year until Spring market. It may not matter as much in Florida but people up north have to sell in the best market.
4th, I suspect people are waiting for Eastport areas. I think Moultrie Creek is selling fairly quickly. Personally we went to visit, didn't care for the Eastport area as it looked too wide open without a lot of preserves. I could have been wrong but when we found a great lot with a great model we decided we liked Lake Denham.
We are 30 minute cart ride to Brownwood and 10 minutes to Sawgrass. Leesburg stuff is very close. I'm a bit baffled by the people saying we lack amenities. We have 3 decent rec centers. Franklin, Homestead, Ezel, all very close.
One downfall of Lake Denham is no neighborhood pool, which is odd. We have Dabney if we want it.
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Thanks! A few sales per week. This is what I have seen while searching. Like I said, I am looking for investment. I think I will continue to wait. I have remodeled and sold several times throughout the years. This is the first time homes have been sitting for months. In the past, they sold out quickly. Puzzling! Enjoy your new home!