Do developers listen or care

[BPRICE1234]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

Thanks so much for all the information. Please don't get me wrong, we can't wait to move there.
Our biggest issue is a fence. We have a dog that I would like to keep out of a gators mouth.

I can't get them to tell me which lots might have fencing or at least back to a wall. That's my only concern.

[Stu from NYC]

They know what they are doing, they are not forced to sell houses to pay their bills and can afford to wait.

They have built an incredible empire and are multi billionaires so would not question their judgment at all.

[asianthree]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

TV isn’t for everyone, for some taxes are less, weather is better, but it’s not inexpensive to live here.

If one needs help with closing costs, or points, for me I would rethink retirement. Rumor has it about 40- 60% pay cash, some take large mortgages when interest rates are high, then pay down mortgage by half or more, first few months.

But have never noticed posts on someone needing help to close on a home. There a a number of developers that could help you with that, but I wouldn’t think it will ever be in TV.

MC just started releasing homes and lots, at least on this site haven’t read any posts about over priced. But many comments it will be a great area to buy

[Shipping up to Boston]

The developer is printing money here. Youre talking about a 35 square mile development with minimal inventory. They can afford to sit on the market from time to time. Help with closing costs....thats in bigger cities. Down here they know most are cashing out somewhere else and bringing it all to Happy Valley. Its a built in clientele.

[Randall55]

The developer is printing money here. Youre talking about a 35 square mile development with minimal inventory. They can afford to sit on the market from time to time. Help with closing costs....thats in bigger cities. Down here they know most are cashing out somewhere else and bringing it all to Happy Valley. Its a built in clientele.Great post. There are many people moving from large cities who sold their previous homes for one million +. Think NYC, Orange County California, D.C, San Francisco, etc. The Villages is much cheaper than the area they left. There are also high-earning professionals who are retiring to TV with large 401Ks. The developer recognizes this but still manages to build homes for all incomes. Thousands of homes are built UNDER the average nationwide price of a home. Amenity fees are kept as low as possible.

I believe the Developer gives everyone an opportunity to own a home in the Villages. He has no control of inflation, high interest rates, competition, lack of interest, greed, natural disasters, insurance, etc. Outside forces are responsible for the increasing costs to build a home, own a home, or to sell a currently owned. Large inventory sitting is the result. These factors are completely out of the Developer's control. Wisely, he does his best to ignore when needed and rise to the new challenges as they come along.

[vintageogauge]

There is only one new home available that is over $500,000 and there is only one new home available with 4 bedrooms and both are not on desirable lots. They are building spec homes on lots that are less desirable and when buyers show up looking for a ready to go home with cash in hand they have to choose one of them or go to a used home and that's how they'll get rid of their not so desirable inventory. When they decide the time is right they once again start building larger homes with 3 and 4 car garages on water front lots that will sell like hot cakes at ridiculously high prices.

[Bogie Shooter]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

Does the Developer listen?
Most of the responses answer this.
Does the Developer care?
Look around The Villages, the answer is what has been created.

[Randall55]

There is only one new home available that is over $500,000 and there is only one new home available with 4 bedrooms and both are not on desirable lots. They are building spec homes on lots that are less desirable and when buyers show up looking for a ready to go home with cash in hand they have to choose one of them or go to a used home and that's how they'll get rid of their not so desirable inventory. When they decide the time is right they once again start building larger homes with 3 and 4 car garages on water front lots that will sell like hot cakes at ridiculously high prices.Probably correct. Inventory control is needed, especially in this housing market. Not releasing new homes until all spec homes are sold is a smart way to do business. He cannot allow inventory to rise while buyers cherry pick ONLY the best.

Buyers are not forced to buy ANY HOME. They can wait until new homes with desirable lots are released. Some are in a hurry to buy and choose the less desirable. Is that the fault of the buyer or Developer? I think the buyer carries the responsibility for his/her choices.

[vintageogauge]

Probably correct. Inventory control is needed, especially in this housing market. Not releasing new homes until all spec homes are sold is a smart way to do business. He cannot allow inventory to rise while buyers cherry pick ONLY the best.

Buyers are not forced to buy ANY HOME. They can wait until new homes with desirable lots are released. Some are in a hurry to buy and choose the less desirable. Is that the fault of the buyer or Developer? I think the buyer carries the responsibility for his/her choices.

But the developer controls the choices, at least on new homes. They know what they are doing.

[tophcfa]

Does the developer listen or care? They most definitely listen, to their business consultants. They also care a great deal, about their bottom line. They do listen to the Villages residents, in aggregate, by carefully monitoring the statistics demonstrating where/how they spend their money. Just don’t kid yourselves that they listen or care about individual residents on some kind of personal level. They have extremely deep pockets and aren’t going to panic and make knee jerk reactions to short term market trends, they will wait out market glitches and will carefully make strategic changes to longer term plans as market conditions dictate. This opinion is not a knock on the developer, they are extremely successful and doing what is in their best financial interest. There’s nothing wrong with that.

[Randall55]

But the developer controls the choices, at least on new homes. They know what they are doing.The Developer's strategy is to sell all newly built homes before opening another area. A buyer has the option to buy in a rush or wait. Therefore, the buyer has the control. In the past, buyers were rushing to buy WHATEVER. When this need to hurry stopped, prices of homes went down. This happened in Dabney and Lake Denham. Buyers decided to wait until Moultrie Creek homes were made available. The consequence for the Developer was a need to reduce prices to attract buyers. The BUYERS were in control.

Only desirable lots/homes are selling at a quick pace in Moultrie Creek and Shady Brook. It will be interesting to watch if the Developer is forced to reduce prices on undesirables and will it be hundreds of homes like Dabney and Lake Denham. A buyer would have to be blind and deaf not to notice THOUSANDS of new homes are in the near future. The construction EVERYWHERE in the areas near Eastport is the giveaway. I believe most buyers will wait until they can purchase a home in their desired location. Again, Buyers will be in control. Investors are leaving by leaps and bounds because we are currently in a BUYER'S MARKET. If one is not careful, losing money is probably a given.

OP, if you are looking for a discount, waiting may be a good idea. If you do not mind a home on an interior lot, you may get a discount similar to those currently in Dabney and Lake Denham. This may force the price of preowned homes down. You may find a good deal on one of those. It is not likely the Developer will raise prices when demand is low. (This is only my opinion. Yours and others may vary depending on the type of home you desire and your finances. Research to find the best solution for you.)

[Stu from NYC]

Interesting times here

[ThirdOfFive]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?
Look around. If you live in TV you live in the largest and most diverse in terms of choices of real estate not just in the country, but on the planet. Nothing else even comes close.

We've been here now for four years and TV has exceeded our expectations in just about every respect. Of course there are folks who complain about this shadowy figure known as The Developer. They also complain not only about the prices of new and used homes but also about the quality of construction, homes too close to the expressway, road conditions, tee times, restaurant quality, overcrowding--you name it. But despite the complaints, people are flooding into The Villages at a rate greater than any other like-sized community in the nation.

Travel & Leisure had an interesting article on just that fact this past April, and phrased it in a way that I had never seen before: in-to-out ratio. "The Villages in Central Florida, known as the largest retirement community in the world, had the highest in-to-out ratio, 4.38, meaning that for every one hundred people who leave the city, another 438 move in. “The Villages is a racehorse that's outpacing every other city in the country for growth."

And...despite the naysayers...that ratio shows little sign of declining.

Nobody is perfect. But I can say with absolute confidence that I trust the way The Developer does things, far more than I trust the judgment of any of the naysayers.

[Rainger99]

From looking at available homes in Dabney and Moultrie, it appears that any home with a view lot is sold and the only remaining homes are interior lots with kissing lanais. This even includes the Premier homes in Dabney. I don’t think too many people want to spend $500,000 and more plus that bond to live in a premier neighborhood and have a kissing lanai.

I have spoken to a number of people with kissing lanais and almost every one wishes that they had a home with a view - water, golf, reserve (or swamp), a street, or at least another 20-30 feet between lanais. It is impossible to have every house built on a view site but it would not be impossible to have more space between houses so that houses don’t back up against each other.

[Marathon Man]

I just don't understand the OP's questions. If you need 'help' buying a home, then you are buying too much home. Am I the only one who thinks that?

[M2inOR]

We've been here for 4.5 years and are very, very happy.

Most other people living here are too from our experience.

We have noticed that there are a few people who seem to have a dark storm cloud over their heads at all times.

Those folks only focus on the negative, and that cloud follows them everywhere.

We've traveled the world, and definitely believe there is nothing like this place anywhere. We are so glad we've found The Villages for our sunset years.

And to those naysayers...get some help. Try to find and uncover the good things surrounding them.

[Altavia]

...

Nobody is perfect. But I can say with absolute confidence that I trust the way The Developer does things, far more than I trust the judgment of any of the naysayers.

Couldn't agree more.


I'll add it's also thanks to the (+20,000?) employees that manage, design, build, sell and maintain this development.

.

[dewilson58]

(a)It seems that many complain about the developer.
(b)Houses are sitting and discounts are not working.
(c)Now Moultrie Creek is over priced and starting to sit.

(d)Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

(a)Very few complain. Very few. They are noisey and people like to listen. A lot of the noise are from people who don't live here.

(b)Compared to what??? "the good old days"?? "other markets"??

(c)Opinion.

(d)Very successful business model. Remember, they are Land Developers and the model continues to work. It's simple, here is the price.......take it if you want. Maybe if you buy from an owner directly you can get your haggle satisfied.

Enjoy the Journey.

[dtennent]

Having built in Osceola Hills in 2016 and watched as the rest of the area was built out, I have a great respect for the Developer’s business sense. While many homes were built and sat for many months, he/she controlled the inventory that was available for sale. After a house sat on the market for some period of time (3-4 months???), the price would be discounted 4-5% and the house usually sold quickly. I don’t remember ever seeing a bigger discount than the first one offered.

The designs offered have changed over time which indicates that the Developer is listening. Of course, lots with a rear view are more desirable and are priced accordingly. The Developer will stop building houses when the last house doesn’t sell. Until then, it looks like the market based economy is working well.

[Michael 61]

Does the Developer listen and care? Absolutely! Otherwise, most of us would not have purchased here in the first place, and would have sought out a better retirement community (and I visited many throughout the country, and The Villages is beyond compare, in my opinion).

[vintageogauge]

We've been here for 4.5 years and are very, very happy.

Most other people living here are too from our experience.

We have noticed that there are a few people who seem to have a dark storm cloud over their heads at all times.

Those folks only focus on the negative, and that cloud follows them everywhere.

We've traveled the world, and definitely believe there is nothing like this place anywhere. We are so glad we've found The Villages for our sunset years.

And to those naysayers...get some help. Try to find and uncover the good things surrounding them.

Most of the negative replies are from those that don't live here but wish that they did.

[Michael 61]

Most of the negative replies are from those that don't live here but wish that they did.

I’m learning that many of the negative posters on TOTV either don’t live here, or spend very little time here during the year. Something to remember when reading their posts.

[Randall55]

Having built in Osceola Hills in 2016 and watched as the rest of the area was built out, I have a great respect for the Developer’s business sense. While many homes were built and sat for many months, he/she controlled the inventory that was available for sale. After a house sat on the market for some period of time (3-4 months???), the price would be discounted 4-5% and the house usually sold quickly. I don’t remember ever seeing a bigger discount than the first one offered.

The designs offered have changed over time which indicates that the Developer is listening. Of course, lots with a rear view are more desirable and are priced accordingly. The Developer will stop building houses when the last house doesn’t sell. Until then, it looks like the market based economy is working well.The designs have not changed. Still the same cookie cutter homes built 20+ years ago. What has changed is interior walls were removed between the kitchen/dining/living areas for an open concept. A few other VERY MINOR changes but essentially the same floor plans.

A buyer has a choice to buy a new home with a larger garage and small lawn. Or, an older same model with a large lawn and smaller garage.

Most buyers do not recognize the homes have the same floor plans. I was with a friend and asked him why he wanted to pay $100,000 more for the same model. When I pointed to him the SAMENESS he bought the cheaper.

[BPRICE1234]

I just don't understand the OP's questions. If you need 'help' buying a home, then you are buying too much home. Am I the only one who thinks that?

I don't need help buy I also won't turn down a discount. I was told the developer won't give a discount, won't say which sites can have a fence.
Even if I could pay cash, I always try to get something off.
If I could put up a fence, fully approved by TV, this would not be an issue.

A home with out a fence for 340k and a similar home with a fence for 380k is hard to swallow.

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

[asianthree]

I don't need help buy I also won't turn down a discount. I was told the developer won't give a discount, won't say which sites can have a fence.
Even if I could pay cash, I always try to get something off.
If I could put up a fence, fully approved by TV, this would not be an issue.

A home with out a fence for 340k and a similar home with a fence for 380k is hard to swallow.

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

So $10,000 on a lot to build is standard. When you have completed your design team appointment, you arrive on the 2-3-or 4th to go line by line, page by page initial and make any changes to your choices.

A check is written to start build, not sure what model for you, but our check was for $128,000. Plus the initial $10,000 deposit. Build started 10/22 close date was 2/15. House has 10’ walls, and 2800sf.


We have designed and built 3 homes, in other states, using our own subcontractors for everything except rough. At each stage each contractor required 1/2 to start and balance when inspection passed for their work.
Our pool was 1/3, at shell, 1/3 at deck and 1/3 balance final inspection, lot more than $25,000 for each payment.

I don’t know of any builders that would start a home anywhere for $25,000. Unless I am mistaken it sounds like you need to sell before you can build, or need someone to bankroll until you have ability to pay balance. You may be able to find a preowned who would take your offer

[VApeople]

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

My advice is to do what the developer wants.

In 2016, we wanted to build a Laurel Oak model home. The designer said it would cost $400K and we needed to give them $80K to start building. That was in early July 2016.

We gave them a check for that amount and they said our house would be ready on Oct. 1. On that date, we gave them a check for $320K and moved in.

During the next year, we found a few minor problems in the house, called the developer, and they were promptly fixed.

[MrChip72]

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

What many people seem to do is sell their home first, then buy a home here, and then rent for a few months in the Villages until their home is ready to move in.

[Stu from NYC]

I don't need help buy I also won't turn down a discount. I was told the developer won't give a discount, won't say which sites can have a fence.
Even if I could pay cash, I always try to get something off.
If I could put up a fence, fully approved by TV, this would not be an issue.

A home with out a fence for 340k and a similar home with a fence for 380k is hard to swallow.

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

They are in a position where they make the rules, seems to work for them.

[Laker14]

I don't need help buy I also won't turn down a discount. I was told the developer won't give a discount, won't say which sites can have a fence.
Even if I could pay cash, I always try to get something off.
If I could put up a fence, fully approved by TV, this would not be an issue.

A home with out a fence for 340k and a similar home with a fence for 380k is hard to swallow.

I offered a 25k non refundable deposit on a 9k lot. I said I will sign whatever to say I will pay in full when the house is move in ready. That way I can sell my home. They said no. It just seems to be one way. That's why I'm looking for advice.

I sensed from your OP that your real concern was not for the developer, but frustration on your part that despite an increase in inventory and a slowing of the market, you weren't able to dictate YOUR terms for a sale.

They are the Big Dog, and you are not, in this fight. If you really want to be part of TV, you must accept that. The Developer can afford to wait until market forces shift. They've been doing this for decades. They know the game they want to play, and they know they'll eventually sell on their terms. They also understand that once they demonstrate that they'll cave in on terms of sale, that will become the new standard, and everyone will wait for those terms again. They just don't need to do that, and they won't.

[VApeople]

What many people seem to do is sell their home first, then buy a home here, and then rent for a few months in the Villages until their home is ready to move in.

Yes, that is exactly what we did 8 years ago.

[Normal]

The amount of people able to relocate or retire in the Villages is shrinking. That’s just how it is.

It could be interest rates effecting a sale from either end
It could be inflation
It could be the rising costs to live in Florida
It could be the shrinking of the middle and upper classes
It could be increased debt servicing
It could be lack of pensions which have been phased out by almost every employer


Whatever it is, the demographic is changing so less are able to live the dream

[Marathon Man]

I sensed from your OP that your real concern was not for the developer, but frustration on your part that despite an increase in inventory and a slowing of the market, you weren't able to dictate YOUR terms for a sale.

They are the Big Dog, and you are not, in this fight. If you really want to be part of TV, you must accept that. The Developer can afford to wait until market forces shift. They've been doing this for decades. They know the game they want to play, and they know they'll eventually sell on their terms. They also understand that once they demonstrate that they'll cave in on terms of sale, that will become the new standard, and everyone will wait for those terms again. They just don't need to do that, and they won't.

Well said.

[Marathon Man]

The amount of people able to relocate or retire in the Villages is shrinking. That’s just how it is.

It could be interest rates effecting a sale from either end
It could be inflation
It could be the rising costs to live in Florida
It could be the shrinking of the middle and upper classes
It could be increased debt servicing
It could be lack of pensions which have been phased out by almost every employer


Whatever it is, the demographic is changing so less are able to live the dream

Just how it is? Where is the data that shows that? I would like to have a look. I've been wondering how long TV growth can continue. My estimate based on what I have seen is 20 years.

[Normal]

Just how it is? Where is the data that shows that? I would like to have a look. I've been wondering how long TV growth can continue. My estimate based on what I have seen is 20 years.

Just an overall holistic aggregation of all the field dependent inputs.

Is the market slowing? That’s what most everyone else sees. The proof is in the pudding so to speak.

[asianthree]

Just an overall holistic aggregation of all the field dependent inputs.

Is the market slowing? That’s what most everyone else sees. The proof is in the pudding so to speak.

Is the market shrinking in the bubble?

Or what seems to be a slowing market is due to multiple villages opening at the same time, the most amount of new villages on the market at the same time, since the beginning of the build to the south. We haven’t been here as long as others only close to 17 years.

I applaud the developers to keep workers, instead of cutting their jobs, and slow building, to make inventory on short demand. Developer has that ability, unlike any other community

[vintageogauge]

Just how it is? Where is the data that shows that? I would like to have a look. I've been wondering how long TV growth can continue. My estimate based on what I have seen is 20 years.

They are prepared for any future slow down in retirees. They are into industrial land big time and now will have rail service into several thousand acres they will be developing and my guess is that they will start new amenity filled family housing village projects similar to the age restricted villages as soon as more retail moves in and 301 has been widened and re-aligned.

[vintageogauge]

Just an overall holistic aggregation of all the field dependent inputs.

Is the market slowing? That’s what most everyone else sees. The proof is in the pudding so to speak.

I believe that homes in the lower to mid price range have slowed a bit but higher end custom homes and desirable lots when released are sold as soon as released. Two or three weeks ago they advertised the new golf course lots being released for one day and I have not seen an ad or any left for sale on their website since.

[shut the front door]

If they listen and care, why did they do away with the annual survey? Btw, how many things that were suggested in the survey came to be? The survey results are available online, but they aren't recent.

[Bogie Shooter]

If they listen and care, why did they do away with the annual survey? Btw, how many things that were suggested in the survey came to be? The survey results are available online, but they aren't recent.

140,000+ people with different ideas on how this place should be run, I would discontinue the survey as well.

[Topspinmo]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

They made risk, they made it work, they put bucks up. If didn’t work they would have been out of business decades ago. I guessing every developer’s around are envy and which they had concept at that level.

[Topspinmo]

If they listen and care, why did they do away with the annual survey? Btw, how many things that were suggested in the survey came to be? The survey results are available online, but they aren't recent.

Surveys give goodie feeling, bottom line they (who every they are) going to what they want anyway. Just makes people filling out surveys feel good.

[Topspinmo]

They are prepared for any future slow down in retirees. They are into industrial land big time and now will have rail service into several thousand acres they will be developing and my guess is that they will start new amenity filled family housing village projects similar to the age restricted villages as soon as more retail moves in and 301 has been widened and re-aligned.

Still got bottle neck through Summerfield.

[GoRedSox!]

I just do not agree that the number of people who want to or are able to come to The Villages is decreasing.

A record number of Americans are turning 65 in 2024. The most in history. Of the entire baby boom generation, this is the highest. 4.1 million Americans turn 65 this year, and every year through 2027, when the annual number will start to decrease.

Put another way, 11,233 people are turning 65 every single day in this country.

Additionally, in the first quarter of 2024, Fidelity had 485,000 401(k) millionaires. This number was up 15% from Q4 2023, and up 43% since Q1 2023.

I don't think the demand will be going down the least bit. There are some places in the country where it's not as fast or easy to sell your home as it was a year ago, largely due to mortgage interest rates. That could be slowing things down a bit.

I believe those homes in Richmond are going to sell in a frenzy as soon as they become available.

It is astonishing to me how much work is being done from horizon to horizon as far as the eye can see as soon as one goes over the Bexley Bridge. The Villages is going to be selling a lot of homes down there in the coming years. I do think the developers listen and I do think they care. I continue to marvel as how well built and maintained The Villages is. There are a myriad of examples of places that the Developer could have cheaped out or cut corners. They continue to preserve open space and maintain stunning beauty all over. The place is pristinely clean and the flowers are still changed out every quarter. Those homes are going to sell, after the pace of sales during the pandemic, it was bound to normalize somewhat. I have no data to back this up, but I also don't think the developer has to spend very much on advertising and marketing. I never see ads for The Villages....this place sells on word-of-mouth and reputation and YouTubers.

[Normal]

I believe that homes in the lower to mid price range have slowed a bit but higher end custom homes and desirable lots when released are sold as soon as released. Two or three weeks ago they advertised the new golf course lots being released for one day and I have not seen an ad or any left for sale on their website since.
Yes, a sign of a shrinking democratic for sure. Upper and middle class are shrinking.

[vintageogauge]

Still got bottle neck through Summerfield.

I was referring to south of 44.

[asianthree]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

OP just took a drive to MC, every lot released had a name and sold in the first 5 minutes. Apparently even $150,000 lots plus house cost isn’t going to be sitting.

But the just released PV section is now available.

[Altavia]

OP just took a drive to MC, every lot released had a name and sold in the first 5 minutes. Apparently even $150,000 lots plus house cost isn’t going to be sitting.

But the just released PV section is now available.

Many places, buying the lowest cost home on the block gives the best opportunity for gains.

Just the opposite here, good location, view, 3 car garage will likely do far better than money in the bank.

[Stu from NYC]

I just do not agree that the number of people who want to or are able to come to The Villages is decreasing.

A record number of Americans are turning 65 in 2024. The most in history. Of the entire baby boom generation, this is the highest. 4.1 million Americans turn 65 this year, and every year through 2027, when the annual number will start to decrease.

Put another way, 11,233 people are turning 65 every single day in this country.

Additionally, in the first quarter of 2024, Fidelity had 485,000 401(k) millionaires. This number was up 15% from Q4 2023, and up 43% since Q1 2023.

I don't think the demand will be going down the least bit. There are some places in the country where it's not as fast or easy to sell your home as it was a year ago, largely due to mortgage interest rates. That could be slowing things down a bit.

I believe those homes in Richmond are going to sell in a frenzy as soon as they become available.

It is astonishing to me how much work is being done from horizon to horizon as far as the eye can see as soon as one goes over the Bexley Bridge. The Villages is going to be selling a lot of homes down there in the coming years. I do think the developers listen and I do think they care. I continue to marvel as how well built and maintained The Villages is. There are a myriad of examples of places that the Developer could have cheaped out or cut corners. They continue to preserve open space and maintain stunning beauty all over. The place is pristinely clean and the flowers are still changed out every quarter. Those homes are going to sell, after the pace of sales during the pandemic, it was bound to normalize somewhat. I have no data to back this up, but I also don't think the developer has to spend very much on advertising and marketing. I never see ads for The Villages....this place sells on word-of-mouth and reputation and YouTubers.

Do not always agree with what the developer does but have to admit they have done a brilliant job building the Villages

[Topspinmo]

I was referring to south of 44.

Bottle neck still needs fixed too.

[golfing eagles]

Does the developer listen or care?

Just look at Florida developments where "the developer" built and left---you'll have your answer.

[Randall55]

Many places, buying the lowest cost home on the block gives the best opportunity for gains.

Just the opposite here, good location, view, 3 car garage will likely do far better than money in the bank.Not always true. Many preowned homes with large garages and views have been sitting on MLS and VLS for months. Many with large price reductions. If you haven't noticed, inventory on preowned homes is GROWING every day.Your home must be beyond special to see a sizeable profit.

Buyers with $1 million plus budgets are not fools. They are SELECTIVE buyers. Very few will plunck down an extra $200-$300 thousand on a preowned a seller has overpriced. Most will buy a lot from the Developer and build. There is 15 + years of continued building remaining. The Developer will continue to be the winner. All who believe a large profit on their resale is a guarantee is gambling. Many will lose.

My advice: Never buy a home with a big profit in mind. Buy a home you can see yourself living in for many years. Also, keep in mind an expensive home has expensive monthly costs. Before buying, decide if it is worth it. The homes are cookie cutter in the Villages. It is your choice to pay significantly more for the same model or not.

[vintageogauge]

Not always true. Many preowned homes with large garages and views have been sitting on MLS and VLS for months. Many with large price reductions. If you haven't noticed, inventory on preowned homes is GROWING every day.Your home must be beyond special to see a sizeable profit.

Buyers with $1 million plus budgets are not fools. They are SELECTIVE buyers. Very few will plunck down an extra $200-$300 thousand on a preowned a seller has overpriced. Most will buy a lot from the Developer and build. There is 15 + years of continued building remaining. The Developer will continue to be the winner. All who believe a large profit on their resale is a guarantee is gambling. Many will lose.

My advice: Never buy a home with a big profit in mind. Buy a home you can see yourself living in for many years. Also, keep in mind an expensive home has expensive monthly costs. Before buying, decide if it is worth it. The homes are cookie cutter in the Villages. It is your choice to pay significantly more for the same model or not.

The only large homes with large garages that don't sell quickly are on undesirable lots. Take a look and see how many Woodside or Ivy models are for sale, very, very few and those are the ones on bad lots. The larger more expensive resale homes are selling at high prices because there are no spec homes to buy in that price range and the desirable lots when released are sold usually the same day. There is only one new designer spec home for sale that is over $500,000 and it has kissing lanais.

[Randall55]

The only large homes with large garages that don't sell quickly are on undesirable lots. Take a look and see how many Woodside or Ivy models are for sale, very, very few and those are the ones on bad lots. The larger more expensive resale homes are selling at high prices because there are no spec homes to buy in that price range and the desirable lots when released are sold usually the same day. There is only one new designer spec home for sale that is over $500,000 and it has kissing lanais.There are hundreds if not thousands of homes in the Villages with a view. Competition is fierce. This is one of the reasons available preowned inventory is growing. Some are going to make a sizeable profit and others will not. Especially now! If you look at a map of the Eastport area, you will see MANY MANY new construction with views are planned. This only adds to the existing competition.

Most buyers with a million dollar budget will buy a lot and build. Need proof? Premium lots to build are selling out within hours of release. Similar Preowned are sitting on MLS and VLS for months. It is quite easy to see this is going to continue. The winner is the Developer. All others who have huge profits on their resale in mind are taking a risk.

[vintageogauge]

There are hundreds if not thousands of homes in the Villages with a view. Competition is fierce. This is one of the reasons available preowned inventory is growing. Some are going to make a sizeable profit and others will not. Especially now! If you look at a map of the Eastport area, you will see MANY MANY new construction with views are planned. This only adds to the existing competition.

Most buyers with a million dollar budget will buy a lot and build. Need proof? Premium lots to build are selling out within hours of release. Similar Preowned are sitting on MLS and VLS for months. It is quite easy to see this is going to continue. The winner is the Developer. All others who have huge profits on their resale in mind are taking a risk.

Right now there are only two 4 bedroom homes on the MLS for sale. The Villages pre-owned has 6 Woodside 4 bedroom models for sale and only 2 Ivy 4 bedroom models for sale and zero new builds. Between those 2 models there are only 8 in all of The Villages. They command a premium price and the only reason these few are for sale is there are some undesirable features on them but they will sell. And yes, premium lots are selling as fast as released but there are only a handful of them every month so a lot of the buyers are unable to secure a lot. Anyone that has a 4 bedroom house on a water or golf front lot can just about name their price today and they will realize huge profits if they bought their homes just a few years ago. It's all about availability.

[Randall55]

Right now there are only two 4 bedroom homes on the MLS for sale. The Villages pre-owned has 6 Woodside 4 bedroom models for sale and only 2 Ivy 4 bedroom models for sale and zero new builds. Between those 2 models there are only 8 in all of The Villages. They command a premium price and the only reason these few are for sale is there are some undesirable features on them but they will sell. And yes, premium lots are selling as fast as released but there are only a handful of them every month so a lot of the buyers are unable to secure a lot. Anyone that has a 4 bedroom house on a water or golf front lot can just about name their price today and they will realize huge profits if they bought their homes just a few years ago. It's all about availability.It seems you have an interest in 4 bedroom homes. There are so few in the Villages because they are not that popular. I agree. If you find a buyer who NEEDS 4 bedrooms above all other wants in a home, you will make a tremendous profit. But, buyers looking for 4 bedrooms is a rare breed.

I am talking in general terms. People rushing to buy WHATEVER home or lot they can snatch in the lottery believing they will make a sizeable profit on the resale is gambling. As you noted in your 4 bedroom example, only SPECIAL homes make great profits.

[vintageogauge]

It seems you have an interest in 4 bedroom homes. There are so few in the Villages because they are not that popular. I agree. If you find a buyer who NEEDS 4 bedrooms above all other wants in a home, you will make a tremendous profit. But, buyers looking for 4 bedrooms is a rare breed.

I am talking in general terms. People rushing to buy WHATEVER home or lot they can snatch in the lottery believing they will make a sizeable profit on the resale is gambling. As you noted in your 4 bedroom example, only SPECIAL homes make great profits.

And I'm referring to larger more expensive homes. People coming down here from the north used to having a basement find that the 4th bedroom helps to use for crafts, or storage or hobbies, etc. TV is not building them as fast as they were just a year or so ago, DeLuna has lots of them and many with 4-car garages and they sold quickly. For some reason now they are not building them as specs, not because there is no demand for them, probably because they require a larger lot and because of that footprint the bonds are higher but whatever the reason is they are not building them and it's not because of lack of demand. Enough said on my end.

[JMintzer]

And I'm referring to larger more expensive homes. People coming down here from the north used to having a basement find that the 4th bedroom helps to use for crafts, or storage or hobbies, etc. TV is not building them as fast as they were just a year or so ago, DeLuna has lots of them and many with 4-car garages and they sold quickly. For some reason now they are not building them as specs, not because there is no demand for them, probably because they require a larger lot and because of that footprint the bonds are higher but whatever the reason is they are not building them and it's not because of lack of demand. Enough said on my end.

Exactly...

We wanted a 4 BR, 3BA home when we were looking (January, 2021). Very few were available, and those that were available, were getting premiums.

So we "settled" for a 3/2 with an extended 2 car + golf cart garage. It had plenty of upgrades (no carpet, epoxied garage floor, water softener, stained driveway/lanai, custom closets). We got it at a great price, just before the "Covid Mania" hit, and prices went crazy...

Since we're not yet full time, it works for now.

But in the next year or so (I'm fully retiring at the end of the year), if we still feel the need (after spending most of the year in TV), we'll consider upgrading...

Until then, we have a very nice home an a wonderful Village, with some wonderful neighbors...

[Stu from NYC]

Exactly...

We wanted a 4 BR, 3BA home when we were looking (January, 2021). Very few were available, and those that were available, were getting premiums.

So we "settled" for a 3/2 with an extended 2 car + golf cart garage. It had plenty of upgrades (no carpet, epoxied garage floor, water softener, stained driveway/lanai, custom closets). We got it at a great price, just before the "Covid Mania" hit, and prices went crazy...

Since we're not yet full time, it works for now.

But in the next year or so (I'm fully retiring at the end of the year), if we still feel the need (after spending most of the year in TV), we'll consider upgrading...

Until then, we have a very nice home an a wonderful Village, with some wonderful neighbors...

The advantage of a 4 bedroom is extra room to fit our kids and grandkids when they visit. Last few years we have either rented a snowbirds house for a week or past year an airbnb.

If we had to do it over again think we would have bought a 4 bedroom but thought a larger 3 /2 would do.

[JMintzer]

The advantage of a 4 bedroom is extra room to fit our kids and grandkids when they visit. Last few years we have either rented a snowbirds house for a week or past year an airbnb.

If we had to do it over again think we would have bought a 4 bedroom but thought a larger 3 /2 would do.

No grandchildren yet (one in the oven, due in November! :a040:), but we'd like to have more than one couple visit at the same time. 4 people (or more) sharing the same bath can be difficult...

[asianthree]

The advantage of a 4 bedroom is extra room to fit our kids and grandkids when they visit. Last few years we have either rented a snowbirds house for a week or past year an airbnb.

If we had to do it over again think we would have bought a 4 bedroom but thought a larger 3 /2 would do.

North home is 5/4.5. So the thought was 3/2 in TV would work.

It didn’t, we built a Warbler 4/3, so primary in the back and front bedrooms. Great space when parents come for stay, in their own space. Then the 3 kids come without spouses for a week with their own bedroom space. The boys will share a bath giving sister the suite.

They return with spouses, girls invade both bathrooms and boys make do. Plus they can close off their sleep area, and stay up late swimming and watching sports in the lanai. 4/3 definitely a smart move for us

[Randall55]

I just do not agree that the number of people who want to or are able to come to The Villages is decreasing.

A record number of Americans are turning 65 in 2024. The most in history. Of the entire baby boom generation, this is the highest. 4.1 million Americans turn 65 this year, and every year through 2027, when the annual number will start to decrease.

Put another way, 11,233 people are turning 65 every single day in this country.

Additionally, in the first quarter of 2024, Fidelity had 485,000 401(k) millionaires. This number was up 15% from Q4 2023, and up 43% since Q1 2023.

I don't think the demand will be going down the least bit. There are some places in the country where it's not as fast or easy to sell your home as it was a year ago, largely due to mortgage interest rates. That could be slowing things down a bit.

I believe those homes in Richmond are going to sell in a frenzy as soon as they become available.

It is astonishing to me how much work is being done from horizon to horizon as far as the eye can see as soon as one goes over the Bexley Bridge. The Villages is going to be selling a lot of homes down there in the coming years. I do think the developers listen and I do think they care. I continue to marvel as how well built and maintained The Villages is. There are a myriad of examples of places that the Developer could have cheaped out or cut corners. They continue to preserve open space and maintain stunning beauty all over. The place is pristinely clean and the flowers are still changed out every quarter. Those homes are going to sell, after the pace of sales during the pandemic, it was bound to normalize somewhat. I have no data to back this up, but I also don't think the developer has to spend very much on advertising and marketing. I never see ads for The Villages....this place sells on word-of-mouth and reputation and YouTubers.Well said. However, inventory of available homes is increasing tremendously. Many preowned are sitting for months on MLS and VLS. Even the Developer had to reduce the price of hundreds of homes. It is a confusing market! Time will eventually provide the reason.

[GoRedSox!]

Well said. However, inventory of available homes is increasing tremendously. Many preowned are sitting for months on MLS and VLS. Even the Developer had to reduce the price of hundreds of homes. It is a confusing market! Time will eventually provide the reason.The developer has reduced the price of new homes in Lake Denham and Dabney....they advertise all the time on WVLG saying how much the home has been reduced by and in the ads, there is a line right through the price with a lower dollar amount in its place. When we first started looking for homes last year, the last homes were for sale in Deluna and some of those were reduced, too, but they just lowered it with calling attention to it as they are now.

I think we are going through a period where more things are normalizing a bit after some really frantic years. The MLS is now up to about 500. This was bound to happen eventually, I think. I believe that more homes have been coming on the market of late. I believe that there can be market normalization and some ups and downs. But the outlook for The Villages will remain strong, in my opinion, due to the massive number of folks turning 65 through 2027....it's the height of the baby boomers....right now.

[asianthree]

The developer has reduced the price of new homes in Lake Denham and Dabney....they advertise all the time on WVLG saying how much the home has been reduced by and in the ads, there is a line right through the price with a lower dollar amount in its place. When we first started looking for homes last year, the last homes were for sale in Deluna and some of those were reduced, too, but they just lowered it with calling attention to it as they are now.

I think we are going through a period where more things are normalizing a bit after some really frantic years. The MLS is now up to about 500. This was bound to happen eventually, I think. I believe that more homes have been coming on the market of late. I believe that there can be market normalization and some ups and downs. But the outlook for The Villages will remain strong, in my opinion, due to the massive number of folks turning 65 through 2027....it's the height of the baby boomers....right now.

Close to 200 lots were sold this week in 5 minutes on the new championship. So if the live here more houses on the market or new long term rental

[dewilson58]

Close to 200 lots were sold this week in 5 minutes on the new championship. So if the live here more houses on the market or new long term rental

Boom!!

[Altavia]

Close to 200 lots were sold this week in 5 minutes on the new championship. So if the live here more houses on the market or new long term rental

Yep, we scored a very nice view lot for an investment home.

Hope to add another Cottage home in Well Point.

Also on the list in Richmond, family investments.

We've cleared $500K/yr investing here.

Ignore Mr. Dark Cloud, he's probably still living in a home with a kissing Lanai waiting for the optional "low cost" deal...

[margaretmattson]

The developer has reduced the price of new homes in Lake Denham and Dabney....they advertise all the time on WVLG saying how much the home has been reduced by and in the ads, there is a line right through the price with a lower dollar amount in its place. When we first started looking for homes last year, the last homes were for sale in Deluna and some of those were reduced, too, but they just lowered it with calling attention to it as they are now.

I think we are going through a period where more things are normalizing a bit after some really frantic years. The MLS is now up to about 500. This was bound to happen eventually, I think. I believe that more homes have been coming on the market of late. I believe that there can be market normalization and some ups and downs. But the outlook for The Villages will remain strong, in my opinion, due to the massive number of folks turning 65 through 2027....it's the height of the baby boomers....right now.Many posters saw inventory beginning to rise last summer. A year later, the numbers are getting worse. Available preowned on MLS and VLS grows every week. Even with advertising, the new construction in Lake Denham and Dabney are still moving at a snail's pace.

I read the posts on this thread. Some are ecstatic premium lots are being sold minutes after they are released. The Developer must sell ALL OF HIS HOMES. He can't make money if homes on interior lots sit with no interest.

I agree with other posters. It looks like Villagers are buying a large percentage of new construction homes. Perhaps, this is the reason some of the inventory is growing. However, it does not explain why the Developer cannot unload the homes in Dabney and Lake Denham. Interior lots in the Enclave are also sitting. It appears lots in Shady Brook are not fairing much better.

I am beginning to question if outsiders are losing interest. This winter, a few of my snowbird friends said they were not returning. Too crowded! All placed their homes on the market. Is this a disturbing trend or normalizing?

[Bogie Shooter]

Yep, we scored a very nice view lot for an investment home.

Hope to add another Cottage home in Well Point.

Also on the list in Richmond, family investments.

We've cleared $500K/yr investing here.

Ignore Mr. Dark Cloud, he's probably still living in a home with a kissing Lanai waiting for the optional "low cost" deal...
Probably more information than I needed.

[MrChip72]

Even with advertising, the new construction in Lake Denham and Dabney are still moving at a snail's pace.


I just did a quick count and there's under 80 new homes left in total in those areas. There's no new homes currently under construction there that aren't custom homes, so that's all that's left now. Most of the remaining homes are models that are not very popular with layouts that many people don't want so I would blame the location and lack of desirable models are why those 80 remaining homes are not selling rather than blaming it on a trend.

Moultrie Creek and new Richmond appear to have buyers lined up to buy from everything I've observed.

[margaretmattson]

Yep, we scored a very nice view lot for an investment home.

Hope to add another Cottage home in Well Point.

Also on the list in Richmond, family investments.

We've cleared $500K/yr investing here.

Ignore Mr. Dark Cloud, he's probably still living in a home with a kissing Lanai waiting for the optional "low cost" deal... I did not read a single post from any poster complaining they were cash poor. Just the opposite. They have a large bank account and do not wish to go through the hassles of owning, again. Instead, they want to ENJOY whatever time they have remaining. Others, like you, want TO MAKE MORE. As long as each is happy, that is all that matters.

I have to be honest. It's quite bothersome you brazeningly boast you will be able to purchase all the properties you desire. Most are worried they will not have a chance due to the lottery. I now believe what I have heard about those who work for the Villages. They sweep up all premium lots and homes and leave none for those not employed by the Developer. They also give special treatment to family members.

[margaretmattson]

I just did a quick count and there's under 80 new homes left in total in those areas. There's no new homes currently under construction there that aren't custom homes, so that's all that's left now. Most of the remaining homes are models that are not very popular with layouts that many people don't want so I would blame the location and lack of desirable models are why those 80 remaining homes are not selling rather than blaming it on a trend.

Moultrie Creek and new Richmond appear to have buyers lined up to buy from everything I've observed. Not exactly true. There are over one hundred available homes in Moultrie Creek listed on VLS. This is what happened in Lake Denham and Dabney. The homes got cherry-picked and no one wants the undesirables. If you add these homes in Moultrie Creek, the 90 still available in Dabney and Lake Denham, 30 lots in the Enclave, and hundreds of lots in Shady Brook, THAT IS A LOT OF UNSOLD INVENTORY. Very similar to what happened with new homes last year. As far as preowned, the numbers on VLS and MLS have exploded to the time during Covid. No one can deny inventory is getting out of control. If it isn't, why does the Developer feel the need to advertise the homes with price reductions? And why, after a year, are they still sitting?

[dhdallas]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

Thanks so much for all the information. Please don't get me wrong, we can't wait to move there.
Our biggest issue is a fence. We have a dog that I would like to keep out of a gators mouth.

I can't get them to tell me which lots might have fencing or at least back to a wall. That's my only concern.

There is no haggling so either pay up or shut up like the rest of us did. You are not even living here yet you can pronounce judgements on the health of The Villages real estate market and their methods.I am also tired of newcomers who almost immediately start complaining about things such as the traffic, short term rentals, deed restrictions, amenity fee increases, etc. You haven't even moved here and are complaining already. I agree with another commenter; TV may not be right for you.

PS: I am personally sick of hearing people crying over their dogs needs. Dogs belong on a leash or in your home, not left out unattended in the yard where they can bark & annoy everyone else or be attacked by a wandering gator, snake, feral boar, etc. Fences don't mean a thing to Florida predators.

[GoRedSox!]

Many posters saw inventory beginning to rise last summer. A year later, the numbers are getting worse. Available preowned on MLS and VLS grows every week. Even with advertising, the new construction in Lake Denham and Dabney are still moving at a snail's pace.

I read the posts on this thread. Some are ecstatic premium lots are being sold minutes after they are released. The Developer must sell ALL OF HIS HOMES. He can't make money if homes on interior lots sit with no interest.

I agree with other posters. It looks like Villagers are buying a large percentage of new construction homes. Perhaps, this is the reason some of the inventory is growing. However, it does not explain why the Developer cannot unload the homes in Dabney and Lake Denham. Interior lots in the Enclave are also sitting. It appears lots in Shady Brook are not fairing much better.

I am beginning to question if outsiders are losing interest. This winter, a few of my snowbird friends said they were not returning. Too crowded! All placed their homes on the market. Is this a disturbing trend or normalizing?I can't speak to anecdotal stories...but I was here this winter. It's certainly much more crowded than it is after April 1, and even more so after May 1....BUT...it's not more crowded than where many of us came from.

I guess it will boil down to a matter of opinion. Lake Denham and Dabney are in Lake County/Leesburg. They are pretty far out, and have higher bonds and taxes. Once Moultrie Creek and some of the other villages near Eastport opened, The Villages was literally competing with itself. Many such competitions may not be quite as lopsided as this one is.

Keep your eye on how fast Richmond sells out. They won't all be investment homes, plenty of folks will want to live there just the rest of Richmond.

The scale and magnitude of the construction and land clearing south of the new bridge is astonishing. The Villages may have a few ups and downs, but I believe they will do better than many new home developers, and better than other places in Florida. I think they have a time tested formula here and have created the absolute best 55+ ecosystem in the United States. They are coming up on favorable demographics for many, many years to come. While the peak number of retirees are coming between now and through 2027, there are LOTS of retirees coming for many years to come. This wave of gray is why Social Security has limited full-benefits life left. I truly believe that in another 8 years, they will be ready for a 5th Town Square.

[MrChip72]

Not exactly true. There are over one hundred available homes in Moultrie Creek listed on VLS.

Yes and almost half of them are PENDING which is essentially the same as SOLD.


This is what happened in Lake Denham and Dabney.


No, those areas didn't sell well at all. Moultrie Creek has sold better than any area since Richmond was built.

I'm not sure if you're trolling or just uninformed.

I would certainly hope that they have a buffer of 100/week of new homes coming available in Moultrie Creek as that's how many they're selling every few weeks.

What hundreds of lots in Shady Brook? There's zero finished homes for sale in Shady Brook.

[jimbomaybe]

Does the developer listen or care? They most definitely listen, to their business consultants. They also care a great deal, about their bottom line. They do listen to the Villages residents, in aggregate, by carefully monitoring the statistics demonstrating where/how they spend their money. Just don’t kid yourselves that they listen or care about individual residents on some kind of personal level. They have extremely deep pockets and aren’t going to panic and make knee jerk reactions to short term market trends, they will wait out market glitches and will carefully make strategic changes to longer term plans as market conditions dictate. This opinion is not a knock on the developer, they are extremely successful and doing what is in their best financial interest. There’s nothing wrong with that.
Your post,on point, The Villages is a very successful business because it is well managed from a business standpoint , navigating the winds of change like any successful enterprise , measuring what people want , are willing and able to pay for, customization of homes is being phased out , streamlines the building process, a spec home is more profitable than one that has been modified , they will continue to build homes as long as it is profitable. I could never understand those who never considered their home an investment, a large outlay of money/ a large debt/ mortgage, as long as this is good financially the outlook is good as well, but watch what they do and how they do it because that is a good barometer of where things are going

[margaretmattson]

Yes and almost half of them are PENDING which is essentially the same as SOLD.



No, those areas didn't sell well at all. Moultrie Creek has sold better than any area since Richmond was built.

I'm not sure if you're trolling or just uninformed.

I would certainly hope that they have a buffer of 100/week of new homes coming available in Moultrie Creek as that's how many they're selling every few weeks.

What hundreds of lots in Shady Brook? There's zero finished homes for sale in Shady Brook.I went on VLS and counted available homes and lots. If I am misinformed, then the information on VLS is incorrect. It has available home listings of over 100 in Moultrie Creek. (Closer to 200) This does not include pending. They also have over 100 lots available in Shady Brook. (About 150ish) Again, does not include pending.

Add the available homes and lots in Lake Denham and Dabney, the available inventory is heading toward 500. Just like preowned on VLS. And homes on MLS.

If a large percentage bought is for investment, there may not be enough renters. I absolutely would not want to spend my vacation (or one year) in a construction zone with no commercial and Middleton and Eastport not open. I would rent in Brownwood or Lake Sumter and explore the new area. Best of both worlds!

[Normal]

I went on VLS and counted available homes and lots. If I am misinformed, then the information on VLS is incorrect. It has available home listings of over 100 in Moultrie Creek. (Closer to 200) This does not include pending. They also have over 100 lots available in Shady Brook. (About 150ish) Again, does not include pending.

Add the available homes and lots in Lake Denham and Dabney, the available inventory is heading toward 500. Just like preowned on VLS. And homes on MLS.

If a large percentage bought is for investment, there may not be enough renters. I absolutely would not want to spend my vacation (or one year) in a construction zone with no commercial and Middleton and Eastport not open. I would rent in Brownwood or Lake Sumter and explore the new area. Best of both worlds!

Correct. Currently there are more VLS listings than MLS in the villages.

[Randall55]

Correct. Currently there are more VLS listings than MLS in the villages. Available new construction and lots on VLS is approx 450. Preowned on VLS is 575. This is double the amount of homes available on MLS. I believe MLS has close to 500. Obviously, the count for each slightly goes up and down every day. Inventory is at peak.

[GoRedSox!]

If you haven't done this already and it interests you, take a ride over the Bexley or Southern Oaks Bridge (not sure what the official name is) and check out the Street of Dreams. I am amazed every time we go there and more progress has happened in a short space of time and there is construction for as far as the eye can see from horizon to horizon. Once you arrive at the Street of Dreams, you will see all the new models that The Villages is now selling....they are also teaming up with a pool company so you can have a pool installed as part of the build. You will see the number of people who are coming by to check out the homes. Even on a Friday morning, there was a steady stream the last time we were there. And the homes are not unlocked, everyone who is looking at those homes is with a Villages Sales Rep. I can't gauge actual sales activity based on this, but I think interest is still strong. Of course there is going to be ups and downs in any market. Maybe things will slow down, but the demographics of how many people turn 65 everyday is not slowing down at all. I also take note of how many homes are now sold in Middleton, which is not age-restricted, and how friggin' beautiful the new High School is....that is a magnificent facility and a sanctuary of learning and athletics and drama and other things that those students are very fortunate to experience.


This is not Kool-Aid, I think the above is accurate and unexaggerated and is just a summary of what's going on.

[Randall55]

If you haven't done this already and it interests you, take a ride over the Bexley or Southern Oaks Bridge (not sure what the official name is) and check out the Street of Dreams. I am amazed every time we go there and more progress has happened in a short space of time and there is construction for as far as the eye can see from horizon to horizon. Once you arrive at the Street of Dreams, you will see all the new models that The Villages is now selling....they are also teaming up with a pool company so you can have a pool installed as part of the build. You will see the number of people who are coming by to check out the homes. Even on a Friday morning, there was a steady stream the last time we were there. And the homes are not unlocked, everyone who is looking at those homes is with a Villages Sales Rep. I can't gauge actual sales activity based on this, but I think interest is still strong. Of course there is going to be ups and downs in any market. Maybe things will slow down, but the demographics of how many people turn 65 everyday is not slowing down at all. I also take note of how many homes are now sold in Middleton, which is not age-restricted, and how friggin' beautiful the new High School is....that is a magnificent facility and a sanctuary of learning and athletics and drama and other things that those students are very fortunate to experience.


This is not Kool-Aid, I think the above is accurate and unexaggerated and is just a summary of what's going on.Not denying what you have witnessed. But, go on VLS. There are nearly 200 available spec homes in Moultrie Creek. 150 lots available in Shady Brook. As other posters are stating, inventory is indeed GROWING. It appears buyers are choosing only the best lots and homes. The remaining are starting to pile up.

A possible reason for this is Villagers represent a large percentage of the current buyers.

[Altavia]

If you haven't done this already and it interests you, take a ride over the Bexley or Southern Oaks Bridge (not sure what the official name is) and check out the Street of Dreams. I am amazed every time we go there and more progress has happened in a short space of time and there is construction for as far as the eye can see from horizon to horizon. Once you arrive at the Street of Dreams, you will see all the new models that The Villages is now selling....they are also teaming up with a pool company so you can have a pool installed as part of the build. You will see the number of people who are coming by to check out the homes. Even on a Friday morning, there was a steady stream the last time we were there. And the homes are not unlocked, everyone who is looking at those homes is with a Villages Sales Rep. I can't gauge actual sales activity based on this, but I think interest is still strong. Of course there is going to be ups and downs in any market. Maybe things will slow down, but the demographics of how many people turn 65 everyday is not slowing down at all. I also take note of how many homes are now sold in Middleton, which is not age-restricted, and how friggin' beautiful the new High School is....that is a magnificent facility and a sanctuary of learning and athletics and drama and other things that those students are very fortunate to experience.


This is not Kool-Aid, I think the above is accurate and unexaggerated and is just a summary of what's going on.

It is increadable to watch.

They are still at normal pace selling 70-100 homes a week and 2-3 months inventory is not unusual historically.

[Randall55]

It is increadable to watch.

They are still at normal pace selling 70-100 homes a week and 2-3 months inventory is not unusual historically. I was a contractor all my life. I have seen many ups and downs in the housing market. Looking at past sales to predict the future is NOT RELIABLE. Buyers wants and needs ALWAYS change over time. Currently, we are in a buyers market. Years past, it was a seller's market. HUGE DIFFERENCE.

You can't look at the Developer's numbers. Those are HIS and HIS alone. When an individual places their home on the market, his/her result will vary. Some may make a much larger profit on their individual home than the Developer. (This is the reason for his one year rule) Or, some may have to take a loss. Others may see minimal profit, while some will not be able to sell no matter the amount of price reduction.

The developer carrying 1-2 months of inventory historically may no longer work. It certainly did not in Lake Denham and Dabney. Again, buyer's WANTS change. The developer may have to reconfigure his model to meet the new demands. I believe he will do just that.

[GoRedSox!]

I was a contractor all my life. I have seen many ups and downs in the housing market. Looking at past sales to predict the future is NOT RELIABLE. Buyers wants and needs ALWAYS change over time. Currently, we are in a buyers market. Years past, it was a seller's market. HUGE DIFFERENCE.

You can't look at the Developer's numbers. Those are HIS and HIS alone. When an individual places their home on the market, his/her result will vary. Some may make a much larger profit on their individual home than the Developer. (This is the reason for his one year rule) Or, some may have to take a loss. Others may see minimal profit, while some will not be able to sell no matter the amount of price reduction.

The developer carrying 1-2 months of inventory historically may no longer work. It certainly did not in Lake Denham and Dabney. Again, buyer's WANTS change. The developer may have to reconfigure his model to meet the new demands. I believe he will do just that.I think that the Developer is always adapting at least somewhat to changing demands. For example, up north, for many years, it seemed either all or almost all Courtyard Villas were 2 bedrooms and 1 car and a golf car garage. This is such a dog community that now Courtyard Villas available much bigger and there are Verandas and Cottage Villas as well. The new area down south I don't think is the same old, same old. That high school is magnificent. The new Town Square in Eastport when it is online next year appears like it is going to be just phenomenal. The Villages did change up the homes being offered and they are really nice. Nothing has really stopped the growth of this place for the last 30 years. Who knows, no one has a crystal ball, but until I see some real hard evidence of significant change in interest in this place, I do believe that the growth is going to continue for many years into the future.

[Randall55]

I think that the Developer is always adapting at least somewhat to changing demands. For example, up north, for many years, it seemed either all or almost all Courtyard Villas were 2 bedrooms and 1 car and a golf car garage. This is such a dog community that now Courtyard Villas available much bigger and there are Verandas and Cottage Villas as well. The new area down south I don't think is the same old, same old. That high school is magnificent. The new Town Square in Eastport when it is online next year appears like it is going to be just phenomenal. The Villages did change up the homes being offered and they are really nice. Nothing has really stopped the growth of this place for the last 30 years. Who knows, no one has a crystal ball, but until I see some real hard evidence of significant change in interest in this place, I do believe that the growth is going to continue for many years into the future. Now we are on the same page.Things change every few years to meet the demands of the buyers. A big change was eliminating Interior walls for an open concept. I noticed Verandas are extremely popular now. Who knows? Maybe the future of the Villages is far more homes with fences. It would not be a stretch. Middleton homes have that in place.

As far as Courtyard villas, I think the name should be changed. Northern villas have true courtyards in the back and owners can use that large additional space as they wish. Many have built pools. In the south, there is barely room to walk. But, hey! Plenty of room in the garage! I do not find that appealing at all. Probably the reason Verandas are more popular. Just my opinion.

Wife and I are looking at older CYVs. We like the idea of a no maintenance, all-concrete back. Lived in larger Villages homes for many years and now we want small and private. Traveling is much easier without having to worry about the condition of a lawn, plants, and trees. Or, the Karens who will report you if your grass is two inches higher than theirs. And, let's not forget, the accumulation of dog poop while you are away.(We do not own a dog.)

[GoRedSox!]

Now we are on the same page.Things change every few years to meet the demands of the buyers. A big change was eliminating Interior walls for an open concept. I noticed Verandas are extremely popular now. Who knows? Maybe the future of the Villages is far more homes with fences. It would not be a stretch. Middleton homes have that in place.

As far as Courtyard villas, I think the name should be changed. Northern villas have true courtyards in the back and owners can use that large additional space as they wish. Many have built pools. In the south, there is barely room to walk. But, hey! Plenty of room in the garage! I do not find that appealing at all. Probably the reason Verandas are more popular. Just my opinion.

Wife and I are looking at older CYVs. We like the idea of a no maintenance, all-concrete back. Lived in larger Villages homes for many years and now we want small and private. Traveling is much easier without having to worry about the condition of a lawn, plants, and trees. Or, the Karens who will report you if your grass is two inches higher than theirs. And, let's not forget, the accumulation of dog poop while you are away.(We do not own a dog.)Agreed, even if we did not have a dog, we would still like a home with a wall in the back. Everyone is going to get to know their neighbors as the houses are close enough together, but the wall in back gives you just a bit more privacy. Also knocks down some sound. We are in Alden Bungalows and have plenty of room in the back for the dogs and a nice little yard with a tree in it and many shrubs. And an occasional snake.

[asianthree]

If you haven't done this already and it interests you, take a ride over the Bexley or Southern Oaks Bridge (not sure what the official name is) and check out the Street of Dreams. Once you arrive at the Street of Dreams, you will see all the new models that The Villages is now selling....they are also teaming up with a pool company so you can have a pool installed as part of the build.
on.

Building a home in TV drastically changed in 2022. The pool company which is T&D has been developers only pool install at build.
Up until 2022 you could design a pool at build, with anything your heart desires.

That has changed, now you get “A” or “B”. No deviation, now you get a cookie cutter pool with the sun shelf with either hot tub or no hot tub. If you need a pool, that needs a slight tweak, that doesn’t happen.

While T&D has a great reputation, we needed a custom pool design to fit our lot. That was a hard no. So we went after market got a custom pool to fit out property.

So every pool at build is exactly the same design, except for width and length. Custom build went away for house and pool design

[graciegirl]

It seems that many complain about the developer. Houses are sitting and discounts are not working. Now Moultrie Creek is over priced and starting to sit.

Why are the developers so rigid? I was told they won't help w closing or any points. No haggling of any kind?

Thanks so much for all the information. Please don't get me wrong, we can't wait to move there.
Our biggest issue is a fence. We have a dog that I would like to keep out of a gators mouth.

I can't get them to tell me which lots might have fencing or at least back to a wall. That's my only concern.

It isn't "starting to sit" and houses are priced according to the market. They have NEVER negotiated on any new homes for sale already built, EVER and that is because they don't have to and still don't have to. You may have to search for a used home for sale with those things you want or install them (with of course permission from ARC) on the new one after you purchase it.

They are "rigid" because they can be and it is a model that has worked well for them and most likely will continue to work well for them. You aren't in Kansas anymore. Same for Golf Courses. There are other developments and developers that will "work with you", but not here. We have loved it here for a long time. Go Morses.

[BPRICE1234]

TV isn’t for everyone, for some taxes are less, weather is better, but it’s not inexpensive to live here.

If one needs help with closing costs, or points, for me I would rethink retirement. Rumor has it about 40- 60% pay cash, some take large mortgages when interest rates are high, then pay down mortgage by half or more, first few months.

But have never noticed posts on someone needing help to close on a home. There a a number of developers that could help you with that, but I wouldn’t think it will ever be in TV.

MC just started releasing homes and lots, at least on this site haven’t read any posts about over priced. But many comments it will be a great area to buy

Thanks for the reply