not another house pricing thread?
basically, house prices go up and down, the largest influencer is interest rates.
However all real estate is local, and so The Villages real estate market is local special to itself.
What affects the TV house prices the most?
the unique location, model and price of comparable new homes built by TV. . .
There are two types of TV buyers in general.
Those that want a preowned home.
Those that want a new home. . .
Those that want preowned, want certainty about present so that the future is less uncertain.
Those that buy new, have less need for certainty about the present, and can deal with the upgrades, the added costs and lack of immediate amenities in the newer areas . . .
Note that the developer has developed ways to sell new houses to keep the prices at the level of cost plus their profit margin, so new prices are relatively immune from resale up and down. However, when houses sell more slowly, the developer just sells fewer at a time, altering volume, not price.
Resales, all depends upon the buyers of the moment. . .
Freakonomics has a great analysis of realtor selling behavior. . . which can determine the final buyer. . .
good luck
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