Quote:
Originally Posted by Normal
For our housing correction turn-around to happen in less than a year seems highly improbable and unprecedented, but now is the time to embrace the sunny side. The sunny side is the more realistic market will eventually improve our economy. The service sector could see a large boost and populations in the local area could surge because of required workers and housing. This would bolster micro economies and local innovation. A younger demographic is sorely needed here.
The developer seems to embrace this reality in new build offerings with stucco kissing lanais at about 225-35 a square and stick vinyl at about 205. This is a nice drop. Many villas are under 300. You can see all this on Homefinder - The Villages(R) Homes and Villas for Sale thevillages.com new homes section.
Perhaps the COVID shock to our economy has finally thawed.  |
The increase of home prices is not limited to The Villages, or to Florida. And we live in the most desirable place for this age group. The builder has always embraced the reality and this place has become more expensive because a lot of people want to live here. The price is and will be what the market can bear. Prices hurt the seekers, except that their present home is also worth more. Those who win now own property here.
As is true everywhere, we too need workers who want to work, not necessarily younger ones, just workers.