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Old 01-27-2010, 12:05 PM
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Quote:
Originally Posted by l2ridehd View Post
For those that still wonder if the market in TV is changing. I have tracked the total number of VLS homes for sale for about 3 years. Today there are 450 available homes. About an average number based on the size of the market place. I have seen it as low as 390 and as high as 510. And there are about 9000 more homes for potential pre-owned since I started tracking this. So what has changed? Today there are 115 of those 450 resale homes pending. Meaning they have a valid offer and are waiting to close. I am sure a few will fall through for one reason or another, but more then 100 will go to close. That 115 pending is the most I have ever seen by about 25 homes. The market there is improving, prices are moving up, and sales volume is increasing. Good news for all owners, and a wake up call for those looking to buy, but waiting for the bottom to hit.
Just curious, what is the source of your information?

Update - I see that you are getting this information from resale homes listed by The Villages sales department. (On The Villages website.) This may appear to be an average number based for this market place but does not take into consideration any homes offered by sale by owner or listed by real estate agencies. Add in the abundant number of new homes available through The Villages and it puts a lot of homes on the market. Things may be improving, but it is a long road back to where things were in 2005-2006. (Back then if you listed your home for sale you'd better be packed because chances were it would sell almost immediately.)
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Last edited by BogeyBoy; 01-27-2010 at 12:19 PM. Reason: Updated info