Comparing the re-sale Homes For Sale..... North and South of 44

[kstew43]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

[thelegges]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

You also have flippers, make some nice change, just like people did north. Look at the purchase price, now the selling. Nice return.

[dewilson58]

You also have flippers, make some nice change, just like people did north. Look at the purchase price, now the selling. Nice return.




:bigbow:

[vintageogauge]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

If you look at the MLS listing you'll find that a very large percentage of them are north of 44. There are a lot of reasons why people sell their homes, health, financial, profit taking, investors, moving up or down in size, bad neighbors, don't want a pool, want a pool, etc., and with the virus now some are wanting to go back north closer to family. We even have friends that are considering going back to their northern homes they left due to the extreme heat that was unexpected.

[rustyp]

If you look at the MLS listing you'll find that a very large percentage of them are north of 44. There are a lot of reasons why people sell their homes, health, financial, profit taking, investors, moving up or down in size, bad neighbors, don't want a pool, want a pool, etc., and with the virus now some are wanting to go back north closer to family. We even have friends that are considering going back to their northern homes they left due to the extreme heat that was unexpected.

I have never figured out how to do the multiple quote thing but did you and the OP just say totally the opposite of each other ?

[kstew43]

I have never figured out how to do the multiple quote thing but did you and the OP just say totally the opposite of each other ?

yes we did.....

[thelegges]

Houses are selling, house just went on the market Tuesday, we looked today. Multiple offers may sit out on this one too

[jimbo2012]

I'm in the process of listing my home moving the CC and interviewing brokers now.

They all say homes are selling well not sure if they R saying that to get the listing.

Is it a sellers market?

What's your opinion?



.

[gpkk_2000]

Extreme heat, what?

[hardwick2112@yahoo.com]

Us down South were told a bunch of lies by our realtors, i.e. the bridge across the turnpike would be installed over two years ago. Honestly, today we are without a grocery store, drug store, gas station or any of the conveniences North of 44. All in favor of enriching the Morse Family.

[stadry]

we don't see it as any market UNLESS you extremely undervalue your home,,, buyers are liars & sellers are worse !
that being said, we've interviewed 15 Realtors / r e brokers here ( marietta, ga ),,, ALL sing the same tune - ' list w/me - we can market your home ',,, not 1 yet has said i can sell it !
tv broker friend has 4 non-published listings (pocket listings) because sales are sloooooooooooooow there too,,, in a normal r e market, they'd have been public,,, days on mkt is still big w/buyers
we're still actively looking for a home in tv - new listings are not common - many repeat publishings - # of total listings ( tv + mls ) fairly low in bride's opinion

[dewilson58]

Us down South were told a bunch of lies by our realtors, i.e. the bridge across the turnpike would be installed over two years ago. Honestly, today we are without a grocery store, drug store, gas station or any of the conveniences North of 44. All in favor of enriching the Morse Family.
:cryin2:


:cryin2:


Retailers are not opening store-fronts without confirmation from demand studies.

[Drdoug49]

If one has to sell their home up north, where unemployment is at depression levels, who is going to buy their home and they are going to want a price reduction
Also, with the pandemic, retail has moved online, who will be renting retail space in this new world from the Morse family?

[MSchad]

Us down South were told a bunch of lies by our realtors, i.e. the bridge across the turnpike would be installed over two years ago. Honestly, today we are without a grocery store, drug store, gas station or any of the conveniences North of 44. All in favor of enriching the Morse Family.
When did you buy your home?

[NYCAROL]

[QUOTE=jimbo2012;1760875]I'm in the process of listing my home moving the CC and interviewing brokers now.

They all say homes are selling well not sure if they R saying that to get the listing.

Is it a sellers market?

What's your opinion?



.[/QUOE]

[NYCAROL]

I was worried about selling homes in The Villages with the current situation. Prior to this virus, I purchased a home in a different village than the one I live in. Wanted to downsize a bit. Than this virus hit. I put my residence up for sale thinking it would not sell tIll ⁸all this virus is done. Wrong. Sold my home in 4 days with a MLS realtor. Folks moving here are usually retired and have the resources to buy. So I belive its a buyers and sellers market in TV.

[Challenger]

Us down South were told a bunch of lies by our realtors, i.e. the bridge across the turnpike would be installed over two years ago. Honestly, today we are without a grocery store, drug store, gas station or any of the conveniences North of 44. All in favor of enriching the Morse Family.

When dealing with "Real Estate " professionals, "Trust bur Verify" Their personal interest are in conflict with yours . Unless the salesperson is your grandmother, they really don't have any reason to care whether the financial aspects of the deal are in your best interest.

[meridian5850]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

I guess you aren't aware that many of the homes in Fenney were deeply discounted back in 2017 to encourage buyers.

We had been planning to move here for several years and had done our homework. We had a list of what a house had to have and what we'd like it to have. When the time came, we didn't consider Fenney because of lack of connectivity. But we looked at homes here anyway and found a house (Ivy) that checked off everything on both lists. Comparable new Ivy models north of 44 were priced at least $50,000 higher, so it was a no brainer.

Looking at what our model is selling for currently, our home has appreciated 41% in 2.5 years. Maybe that's the reason for a lot of resales down here.

[vintageogauge]

When dealing with "Real Estate " professionals, "Trust bur Verify" Their personal interest are in conflict with yours . Unless the salesperson is your grandmother, they really don't have any reason to care whether the financial aspects of the deal are in your best interest.

They do have a reason if they want repeat business and referrals and that is how they survive.

[mikeritz53]

I'm in the process of listing my home moving the CC and interviewing brokers now.

They all say homes are selling well not sure if they R saying that to get the listing.

Is it a sellers market?

What's your opinion?



.

It is a Buyers Market. Number of Listing on the MLS were in the 240-250 during the Prime Selling Season. Normally the number falls off as April comes around and then even less in May as people often take their homes off the Market. Since all the Covid stuff hit we have jumped to 310+ Listings for sale and with less Buyers (Normal Market slowdown as well as the economic impact of the Virus) Sellers are more motivated.

[kstew43]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

my point was the number of resale homes for sale, north villages vs south villages, per capita..... I just thought the south villages seemed to have more re-sale homes for sale.

[justjim]

It’s neither a Sellers market nor a Buyers market. Seems contradictory doesn’t it? The market is currently an anomaly. If your a seller and price your home “right” it will sell. If your a buyer and do your homework it’s a buyers market. But It is my observation that many homes south of 44 are overpriced. Many north of 44 also are overpriced. Few homes that are 50,000-75,000 overpriced are going to sell. A Buyer must do their due diligence or risk overpaying for a home in The villages. It’s been reported, understandably, The Villages “Lifestyle Program” has come to a halt. Airlines are not flying and people are staying close to home do to the coronavirus. This eliminates many potential buyers. Therefore it’s not a sellers market as many buyers are not available. It’s not a buyers market when homes are overpriced. There you have an anomaly in the real estate market.

[OhioBuckeye]

If you look at only the amount of resale homes for sale south of 44 vs north of 44, square mile, wise, There are a lot more re-sales south of 44....

Makes me think that people don't really want to be down that far without connectivity and shopping after all....

and this is only looking on the villages sales maps, not even including MLS resales.

Never lived south of 44 & I’m Assuming your talking about Fenney. I know someone that moved there 2 yrs. ago & he told me Amenities & property taxes are higher, is that true? Also there’s really nothing to do there unless it’s golf or swimming & entertainment is north of 44.

[tomhinz]

RIGHT. Don't forget that the Morse's need MONEY

[Holpat39]

People south of 44 should have some patience. We moved here 18 years ago and had to go to Leesburg or Ocala for a home improvement store, chain restaurant, etc. Only Belk for clothing or Beall's Outlet. My how things have changed over the last 18 years. We did not have a Panera, Ruby Tuesday, or Dunkin Donut for miles around now they are at a golf cart ride away. Be patient. It will all come to you in time. We waited for 5 years for Lake Sumter Landing to open and some of the stores are still empty. Same with Spanish Springs. That is the ebb and flow of retail.

[Holpat39]

I doubt that the Morse family has to worry about money. Their lifestyle offer brings people from all over who are happy with what they offer and are willing to pay the price.

[J1ceasar]

Oh darn . a five minute car ride.

[charlieo1126@gmail.com]

I wonder how many of the people who complain about not having bridges, stores on new side actually live there and if they do and hate it so much , why not move , it’s very easy I’ve done it 5 times . I’m in Fenney and happy

[davem4616]

pandemic or no pandemic...if you don't like where you live, you price your home to sell in the market that you're in and it will move

I pay little attention to the marketing statistics and trends...all that matters is did my house sell quickly

We've sold 6 homes...and never had the feeling that we left a lot of money on the table

[vintageogauge]

People south of 44 should have some patience. We moved here 18 years ago and had to go to Leesburg or Ocala for a home improvement store, chain restaurant, etc. Only Belk for clothing or Beall's Outlet. My how things have changed over the last 18 years. We did not have a Panera, Ruby Tuesday, or Dunkin Donut for miles around now they are at a golf cart ride away. Be patient. It will all come to you in time. We waited for 5 years for Lake Sumter Landing to open and some of the stores are still empty. Same with Spanish Springs. That is the ebb and flow of retail.

Most of the posts complaining are from those that do not live south of 44, there are a few down here that are impatient but for the most part the complaints are from non-residents. The only complaint I have living after living down here for 3 years is the possibility of congested MMP's, walking trails, and amenities once the bridges are open, it's nice and peaceful here now and not crowded.

[RayAmb]

STOP AND THINK ! Properties north of 44 are gold compared to south of 44.....
You say why ? Well, try living without a car south of SR44. No problem north. Not to mention everything lacking south of SR44. That IS THE REASON FOR THE BRIDGES!!!! Two different lifestyles. Who’s realtor said “ buy now and we will give you the golf courses, shops, stores, shopping centers, medical facilities LATER. Good luck !

[jonathanb]

Within the first 2-3 years after a new Village is complete you always have a glut of resales. People are buying low then sold high. Making a nice profit. You will see it level off over time.

[jonathanb]

So I am a retired rep for the villages. Please don’t blame your sales rep. They really didn’t lie to you. They were just telling you the most current information on the different timelines that they were told. I know because I was there. Timelines kept changing on us. We only could relay the best information we had at the time. If you walked into the Fenney Sales Center and saw the boards with the timelines that’s where we got our information too. And unfortunately it kept changing. It was frustrating. But be patient. These things will be completed and us folks south of 44 will see a nice jump in house values when they are. We already sold our home in Fenney and made a nice profit and will do the same in Linden in a year or two. Hang in there.

[Dlbonivich]

7 Day Market Watch:
New Listings: 13
Back On Market: 8
Sold: 24
Pending: 19

Inventories are very low, things are obviously selling. Pretty uncertain now. I have been through it before (24 years of experience in Florida sales). Prices right, clean and good marketing will do it every time! Good Luck Andrea Bonivich, Sellstate Superior Realty

[Barborv]

Things will definitely turn around once this damn virus is over. It will be several months from now I think.But things will go back to some kind of normal.

[Jayhawk]

Us down South were told a bunch of lies by our realtors, i.e. the bridge across the turnpike would be installed over two years ago. Honestly, today we are without a grocery store, drug store, gas station or any of the conveniences North of 44. All in favor of enriching the Morse Family.

Since you have so few posts, I read them and found that you have been complaining about this one issue since post 1.

Just curious, if you are so bothered by it that you have to come on here and basically repeat the same complaint for 9 months, why haven't you moved to another area in the villages that has the infrastructure you want?

And a little secret - The Morse family was wealthy long before you came along and bought one of their houses. Why does that enrage people so much?

[Bill1701]

Just in the Pine Ridge area there are a few homes for sale within a block. They have all been on the market for over 30 days. At least one of them is overpriced IMHO.

[CoachKandSportsguy]

Always interested in who thinks marketing views of the future is lying. The future is uncertain with many unforeseen events, viruses being a perfect example, as well as marketing is always pushing the boundaries of relative benefits, absolute may be different. Sales people are always looking for a fish in search of a hook. Always understand that everyone else may have a different opinion of the future, and that the future may not be what anyone envisions today. Without thinking through the implications, there is a reason for the comment "Be careful what you wish for" as the unintended consequences of what you think will/should happens, doesn't even come close to happening.

Life with viruses may really be too short to not sell and relocate if you are not happy.

FYI, 2 co workers dead from COVID, and several more not in my department at my utility company dead, and being stuck in unhappiness and complaining about whatever is the least of my desires.

sportsguy's opinion

[jimbo2012]

If a home is overpriced the offers will them that, or lack there of.

A seller can always come down almost never up:ohdear:

[Marathon Man]

STOP AND THINK ! Properties north of 44 are gold compared to south of 44.....
You say why ? Well, try living without a car south of SR44. No problem north. Not to mention everything lacking south of SR44. That IS THE REASON FOR THE BRIDGES!!!! Two different lifestyles. Who’s realtor said “ buy now and we will give you the golf courses, shops, stores, shopping centers, medical facilities LATER. Good luck !

Nonsense. Why in the world would I try living without a car? I've lived with one all my life. Had one for the five years that I lived north of 44. Still have one now. I can go anywhere in TV any time I want. My lifestyle is the same now as it was before. Like so many of my friends and neighbors who live down here, I don't care about the bridges. I consider myself lucky to live in this beautiful portion of our community with the many wonderful neighbors.

[vintageogauge]

Nonsense. Why in the world would I try living without a car? I've lived with one all my life. Had one for the five years that I lived north of 44. Still have one now. I can go anywhere in TV any time I want. My lifestyle is the same now as it was before. Like so many of my friends and neighbors who live down here, I don't care about the bridges. I consider myself lucky to live in this beautiful portion of our community with the many wonderful neighbors.

And a BIG AMEN to the Marathon Man.

[jet10s]

You also have flippers, make some nice change, just like people did north. Look at the purchase price, now the selling. Nice return.
not really -- the selling price is a wish for south of 44 -- very hard to sell

[mowdie]

7 Day Market Watch:
New Listings: 13
Back On Market: 8
Sold: 24
Pending: 19

Inventories are very low, things are obviously selling. Pretty uncertain now. I have been through it before (24 years of experience in Florida sales). Prices right, clean and good marketing will do it every time! Good Luck Andrea Bonivich, Sellstate Superior Realty

Been here 10 years. I have never seen this many MLS Village listings on Zillow. Especially much more this year south of 466 to 44.
IMO, also on Zillow, many Villagers are selling their investment turn key rental villas now.

[joseppe]

STOP AND THINK ! Properties north of 44 are gold compared to south of 44.....
You say why ? Well, try living without a car south of SR44. No problem north. Not to mention everything lacking south of SR44. That IS THE REASON FOR THE BRIDGES!!!! Two different lifestyles. Who’s realtor said “ buy now and we will give you the golf courses, shops, stores, shopping centers, medical facilities LATER. Good luck !

The GOLD area north of 44 is truly the BEST. No one could ever want to live with the Crap down south of 44. All those nature areas more up to date homes improved and expanded recreation areas .... who would ever want any of that? Not to mention you'd have to get in a Crappy Car and drive to shopping restaurants and entertainment. Well that would be like living like most other people in the rest of the Country and you'd be wasting your money to live down there. Well fool that I am I bought a house down there a few years ago and now I'm selling it. I'm heartbroken that I'll be making a lot of money on the sale But fear not I'm buying another home in the Villages. Just signed and put the large deposit on a new house. And ..... oh Crap. Is Monarch Grove south of 44? Boy I keep screwing this up don't I?

[vintageogauge]

not really -- the selling price is a wish for south of 44 -- very hard to sell

Not so, I can give you a dozen examples of sellers netting six figures when their homes sold south of 44, the re-sales, until the virus hit, were selling at a very fast pace, many of them within 48 hours of listing. The desirable homes are still selling at high prices, there are designer re-sales down here that have been sold within the last 45 days and closed in the $700,000 and $800,000 plus range that were purchased in the $500,000 range just a couple years ago.

[thelegges]

not really -- the selling price is a wish for south of 44 -- very hard to sell

We have sold our homes in 3 days, are you having that much trouble selling all your homes

[DDVeteran]

We had our home up north of SR44 prior to the pandemic. Took it off the beginning of March when the virus started to take off. Why did we do this? Our house is equipped with cameras and what we witnessed were prospective buyers touching just about any piece of personal property they could get there hands on. Rubbing there hands across chairs, tops of couches, sitting on our furniture as if they owned it. Of course they slid there hands across the granite and opened doors and drawers.
At that point I had enough. And yes, I have the legal right to video record anyone in my home that I occupy as I wish.