Talk of The Villages Florida - View Single Post - New Home Building Rate
View Single Post
 
Old 07-09-2011, 05:57 AM
Jim Straz's Avatar
Jim Straz Jim Straz is offline
Senior Member
Join Date: May 2011
Location: Tamarind Grove Jan 12
Posts: 217
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by Schaumburger View Post
In speaking to an MLS real estate agent yesterday at an open house, he told me that TV is building about 200 new homes per month for a total of about 10,000 more new homes then the build out is complete (4 to 5 yrs. from now). Do those figures sound right (200 per month, 10,000 more new homes)?
I believe the 200 homes per month is close to reality, but it'll only take about four years for the build out to be complete. Homes then in TV should begin to show moderate appreciation due to the fact re-sale will be the only way in. I just purchased a lot in Tamarind Grove and my salesperson was thinking four years.