Talk of The Villages Florida - View Single Post - Real estate inventory high. Why?
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Old 05-27-2025, 11:21 AM
Byte1 Byte1 is offline
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Florida is no longer the place to retire. There are other states higher on the list of places to retire. Florida has just about the highest property insurance rates in the country. There are more retirees moving out of Florida than into Florida now. Some "experts" say that prices in the Villages were artificially inflated (during COVID?) and now they are dropping. One Villages real estate sales person told me that this is the worst it's been in over 30 years they have been working here. The inventory of homes for sale is at an all time high. If you want to see what is really happening, don't count on the list prices showing on the Net, check the prices they finally sold for. You can get a listing on the Internet. This is a buyers market....for cash deals. Many out of state buyers have never heard of a Bond before and don't realize the the price is actually $30k-50K higher than the list price. Some say that the prices will never recover completely to what they were a year ago. Then again, we have seen the price of eggs start to come down, as well as the price of gasoline. Miracles do happen.
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