Talk of The Villages Florida - View Single Post - Are property values dropping?
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Old 02-08-2011, 02:44 PM
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Quote:
Originally Posted by Advogado View Post
One consideration that hasn't been mentioned is that, because we have only one builder in The Villages, overall prices have not declined here to the extent that they have declined in the rest of the state and in most parts of the country. I.e., the Developer has been able to reduce the pace of new construction to adjust the supply to the reduced demand. I believe that this same consideration makes it very unlikely that there will be any significant future price declines.
There is only one builder doing new construction, who is that?