Talk of The Villages Florida - View Single Post - Home Prices Coming Down Nicely
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Old 03-29-2024, 12:56 AM
villagerjack villagerjack is offline
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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.
Home prices will skyrocket when mortgage rates decline to 5-6%