Quote:
Originally Posted by Garywt
You have to remember that today there are more homes in the Villages than ever before so it makes sense that there would be more homes for sale. Anyone looking should be able to find what they want. Interesting that there are over 400 new homes for sale giving not long ago there were lotteries just for people to put a deposit down and now over 400 new homes for sale, different times.
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For pre-owned homes, it definitely "makes sense that there would be more homes for sale." However, I don't think you can make the same argument for NEW homes, which would have the DEVELOPER trying to maintain a % of newly built to existing. The real issue is how quickly inventory has increased over the last 12 months and even more so in the last 30 days. We are finally getting to a healthier level of inventory, which should keep home value appreciation in check. 2024 will be a VERY telling year. TV expansion is in hyper mode and it will be interesting to see if the demand will remain constant.