Quote:
Originally Posted by kbrkr
We've lived in the Tampa area for 13 years. We moved to Savannah last year to support my son in the Military. He is now almost ready for discharge in the next year and we are seeking an ideal place to live back in Florida. We've been watching tons of Youtube videos, reading forum posts, looking at homes, etc etc doing our research about TV. We absolutely want to embrace the lifestyle and make friends and embrace the activities. We are waiting until we get closer to his discharge before we do a lifestyle visit where we can pull the trigger on a home purchase (pre-owned preferrably).
However, I am concerned. I'm seeing many many homes for sale. Prices are dropping and I see auction and foreclosures. I'm seeing the developer drop the prices of the new homes down above Eastport, and those new homes which are going up are going to dilute the market.
Is there something I should know about before we decide to make TV our permanent home?
Please no flames or do I wish to start any negativity with my post; I am genuinely doing my due diligence and research.
Thanks and Regards,
Al
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The Villages new home market peaked in 2022 (Covid-based supply chain issues) and has come down. The new "spec" home interior finish materials are not as expensive (tile vs fiberglass showers) as before, so lower costs are creating some of price reduction. You can, however, find a lot, pick a floor plan and spec out the interiors to a much higher level - I have friends and family that did this last year and are VERY happy.
I don't have the data to compare the quantity of pre-owned homes for sale now vs pre-Covid, so to say that there are a lot, doesn't necessarily indicate a bad market. The rental market is strong here - both "in season" and long term. I have a friend that has decided to simplify his life - retire from property rentals here. In the last 2 months, he's closed on a house sale, has two houses under contract and has 5 more to sell (having just cancelled the leases).
We moved here March 2020. It is an absolutely amazing, friendly and healthy life here, if you've not experienced it, I'd suggest a "lifestyle visit". If you would like to speak to the real estate agent that has handled 33 transactions for friends and family, you can contact Andrew Mitchell --
andrew.mitchell@thevillages.com -- 352-615-7485