View Full Version : Eastport Area ?
roadrnnr
06-02-2024, 08:17 AM
1. Are there any houses/Neighborhoods considered in the Eastport Area open for purchase at this time?
2.Are all current New Houses for sale all in Lake County?
We will be moving to a Rental next week to start looking for a purchase.
Thanks
onfire
06-02-2024, 08:51 AM
There are new homes for sale in Moultrie Creek and lots available in Shady Brook. These are all in Sumter County (City of Wildwood).
Waters Edge and Well Point should be coming soon too.
Altavia
06-02-2024, 12:40 PM
1. Are there any houses/Neighborhoods considered in the Eastport Area open for purchase at this time?
2.Are all current New Houses for sale all in Lake County?
We will be moving to a Rental next week to start looking for a purchase.
Thanks
You can search for homes with The Villages app.
The Villages(R) App on the App Store (https://apps.apple.com/us/app/the-villages-app/id984137181)
MplsPete
06-02-2024, 04:10 PM
I found the some descriptions in this thread inscrutable. For example, "adjacent to" or "the side (or back)" or "on the opposite end." I would be so grateful for simple compass phrases like "north of" or "south of", and I bet other readers would also.
Altavia
06-02-2024, 05:08 PM
I found the some descriptions in this thread inscrutable. For example, "adjacent to" or "the side (or back)" or "on the opposite end." I would be so grateful for simple compass phrases like "north of" or "south of", and I bet other readers would also.
Google Maps satelite view is your friend.
motherflippinpicker
06-03-2024, 05:20 AM
Shady Brook is also open, very close to Eastport and in Sumter county.
sdeikenberry
06-03-2024, 05:47 AM
Are you only considering new build way south? You’ll get more for your money north of 44, shopping will be close, and north of 466 has no bond.
Altavia
06-03-2024, 05:55 AM
Are you only considering new build way south? You’ll get more for your money north of 44, shopping will be close, and north of 466 has no bond.
About 30% of new home buyers come from north of 44.
bowlingal
06-03-2024, 06:04 AM
roadrnnr.....be aware of high taxes and high bonds, and the lack of many stores, golf courses, and good restaurants, also big box stores. Also, check out the Daily Sun and look at how many homes in the southern area are for sale already. There has to be a reason why. Don't be starry eyed at new construction, and be aware of Coleman prison not that far away
Shipping up to Boston
06-03-2024, 06:16 AM
I would never buy a home where The Villages does not own what's on the other side of a wall.
Be aware the new Richmond area is adjacent to relatively old trailer park.
Suspect flood risk in that low area did not improve with the Villages consuming flood plane raising the land for homes.
No telling what might end up there in the future.
But I don't think most buyers will care and it will sell like hotcakes for a premium.
I wonder if Mr. Schwartz had neighbors that cautioned others to ‘be aware’ of his trailer park. Good thing the Morse family isn’t so shortsighted or intimidated by its presence....nor of a prison. It could be abutting the Berlin Wall (defunct) and it will still sell...
ByebyeMichigan
06-03-2024, 07:03 AM
Many new golf courses are nearing completion in the south. Plus Coleman prison is a non factor, period .
Djean1981
06-03-2024, 07:28 AM
Maybe include both. The words north, south, east, and west mean nothing to me.. A lot of people don't have a built-in direction capability..
Robojo
06-03-2024, 07:29 AM
Many new golf courses are nearing completion in the south. Plus Coleman prison is a non factor, period .
I would never buy a home near a prison. Or under Power lines. Or next to a big undeveloped area. Or next to the power station.
Prison is A BIG ISSUE FFS
coleprice
06-03-2024, 07:36 AM
If you are a Golfer shopping for homes in The Villages DO NOT purchase a New Home in the Southern Areas, which lack enough Executive Golf Courses. Rather, I suggest that you buy a pre-owned home in the Middle or Northern areas which have plenty of Executive golf courses nearby. Also, the Bond is usually paid off on homes in the North and Middle areas, plus you are MUCH CLOSER to Shopping & Restaurants. When buying a home in The Villages, always compare the Price + Bond = Total Price, which is the total amount you’re paying for the home.
Normal
06-03-2024, 07:39 AM
About 30% of new home buyers come from north of 44.
Yep, switching out for improvement. Plus new homes are cheaper.
Shipping up to Boston
06-03-2024, 07:44 AM
I would never buy a home near a prison. Or under Power lines. Or next to a big undeveloped area. Or next to the power station.
Prison is A BIG ISSUE FFS
Thats your choice. I believe those lots will be a steal (pun intended). Unless your Wingnut doing drone aerials, I believe there is a wooded buffer between Coleman and the developing parcels. It's not like your lanai will be on the fenceline. I think the fear narrative is wildly overrated. But then again, I'm coming off of a Cool Hand Luke screening!
coffeebean
06-03-2024, 07:56 AM
roadrnnr.....be aware of high taxes and high bonds, and the lack of many stores, golf courses, and good restaurants, also big box stores. Also, check out the Daily Sun and look at how many homes in the southern area are for sale already. There has to be a reason why. Don't be starry eyed at new construction, and be aware of Coleman prison not that far away
Not to mention blasting from the quarry that is in the southern vicinity. For the life of me, I do not understand why anyone would move from north of 44 to the southern area. There are too many detriments down there that are "must avoids"; the Turnpike being one big "must avoid".
coffeebean
06-03-2024, 07:57 AM
Many new golf courses are nearing completion in the south. Plus Coleman prison is a non factor, period .
Non factor for you but not for me. I would not purchase anywhere near the prison.
coffeebean
06-03-2024, 08:02 AM
Yep, switching out for improvement. Plus new homes are cheaper.
Improvement in what way? Not too long ago, I visited a The Villages open house just for &^%&* and giggles. The home was just under a million dollars. The countertops throughout the home were Corian. Yup, Corian. How is that an improvement when many homes in the northern and middle areas are upgraded and would never dream of using Corian as a finish?
coffeebean
06-03-2024, 08:03 AM
Thats your choice. I believe those lots will be a steal (pun intended). Unless your Wingnut doing drone aerials, I believe there is a wooded buffer between Coleman and the developing parcels. It's not like your lanai will be on the fenceline. I think the fear narrative is wildly overrated. But then again, I'm coming off of a Cool Hand Luke screening!
Folks on this forum who live near coleman have reported seeing the prison lights glaring at night. They can also hear the PA system from the prison. This is not first hand as I would not ever purchase near a prison but I do believe those who have made these reports..
snowmamma
06-03-2024, 08:25 AM
Does anyone have info on when houses/lots in The Village of Well Point might start selling? It is just south of Monarch Grove. Building has just begun.
Shipping up to Boston
06-03-2024, 08:29 AM
Folks on this forum who live near coleman have reported seeing the prison lights glaring at night. They can also hear the PA system from the prison. This is not first hand as I would not ever purchase near a prison but I do believe those who have made these reports..
And?
Are these the same people that report UFO activity as well!
To your point, is there a restriction on visiting a homesite in the evening? Or were these site unseen purchases?
I can hardly wait for thread activity when that area is completed. Just like the Middleton future TOTV members with 'OMG, the lights at the HS football stadium are blinding me in my lanai'!
Do your due diligence people. If you did, stop complaining about YOUR choice in a homesite!
roguesearcher
06-03-2024, 08:47 AM
1. Are there any houses/Neighborhoods considered in the Eastport Area open for purchase at this time?
2.Are all current New Houses for sale all in Lake County?
We will be moving to a Rental next week to start looking for a purchase.
Thanks
Who did you use to get the rental? Is it expensive?
kansasr
06-03-2024, 08:49 AM
If you are a Golfer shopping for homes in The Villages DO NOT purchase a New Home in the Southern Areas, which lack enough Executive Golf Courses. Rather, I suggest that you buy a pre-owned home in the Middle or Northern areas which have plenty of Executive golf courses nearby. Also, the Bond is usually paid off on homes in the North and Middle areas, plus you are MUCH CLOSER to Shopping & Restaurants. When buying a home in The Villages, always compare the Price + Bond = Total Price, which is the total amount you’re paying for the home.
South of 44 is on a par with the number of homes per holes of executive golf. We have 5 and 1 more near opening and more on the way. There is only 1 championship course at the moment, but the 2nd is near opening and a third well under way.
The north is better.....blah, blah, blah....south of 466 is better....blah, blah, blah.....that's the nice things about the Villages. It's constantly evolving and if you do your homework, you'll find what's RIGHT FOR YOU.
defrey12
06-03-2024, 09:36 AM
I would never buy a home near a prison. Or under Power lines. Or next to a big undeveloped area. Or next to the power station.
Prison is A BIG ISSUE FFS
Can you explain why, objectively, the prison is a BIG ISSUE? Just curious 👀…
defrey12
06-03-2024, 09:43 AM
Non factor for you but not for me. I would not purchase anywhere near the prison.
And, again, I ask why? As someone else pointed out, your lanai will not abut their fence line. Fear is your enemy, not the prison. The lights may be a nuisance but nothing to be afraid of.
Altavia
06-03-2024, 09:57 AM
Folks on this forum who live near coleman have reported seeing the prison lights glaring at night. They can also hear the PA system from the prison. This is not first hand as I would not ever purchase near a prison but I do believe those who have made these reports..
We live less than a mile away, no issues with the lighting since they are behind the treeline and that place is quieter than a National Park.
BubblesandPat
06-03-2024, 10:15 AM
To the OP. Use your rental time to explore all of the villages. You may want new now but you will be amazed at some of the beautiful pre-owned homes many only a few years old. But make your own choice. Everyone has different goals for thier life here...
roadrnnr
06-03-2024, 10:32 AM
Who did you use to get the rental? Is it expensive?
I used
Rent from villager.com
$2500 month
roadrnnr
06-03-2024, 10:38 AM
To the OP. Use your rental time to explore all of the villages. You may want new now but you will be amazed at some of the beautiful pre-owned homes many only a few years old. But make your own choice. Everyone has different goals for thier life here...
We have been on 2 lifestyle visits
Last one in March
Ideally I want nothing older than 2 years old or new
Older homes are 2 outdated for our taste and most overpriced
Plus ones built 7-10 years old I’ll be dealing with roof issue which I want to avoid
I don’t play golf and power lines don’t upset me if it means no one behind me
Love all the suggestions though keep em coming
My one requirement is Sumter county
pokeefe45@aol.com
06-03-2024, 11:02 PM
Similiar to the $25 tours that are offered at 'Villages Grown', I understand they are going to begin to do tours of Coleman Prison. Instead of leaving with free lettuce,you will be able to get an autographed photo of Whitey Bulger.
bshuler
06-04-2024, 06:31 AM
1. Are there any houses/Neighborhoods considered in the Eastport Area open for purchase at this time?
For what its worth my Villages sales agent said the absolute last Eastport area homes will be the ones closest to Eastport.
They are building North of Eastport now at Well Point. The Western edge of Well Point could be in shouting distance of the Coleman exercise yards (I noticed on Google Maps since I am looking there). I’d rather hear the Buffalos..
Glowing Horizon
06-04-2024, 12:31 PM
I would never buy a home near a prison. Or under Power lines. Or next to a big undeveloped area. Or next to the power station.
Prison is A BIG ISSUE FFS
TV is HUGE so you dont have to buy near anything you dislike—except other Villagers no matter where you buy.
Glowing Horizon
06-04-2024, 12:38 PM
Improvement in what way? Not too long ago, I visited a The Villages open house just for &^%&* and giggles. The home was just under a million dollars. The countertops throughout the home were Corian. Yup, Corian. How is that an improvement when many homes in the northern and middle areas are upgraded and would never dream of using Corian as a finish?
Who would choose million dollar home based on one counter top vs another one when both will last longer than we will be here. And how will those lowly Corian owners explain their choice at the pearly gates?🙄
Shipping up to Boston
06-04-2024, 12:43 PM
Similiar to the $25 tours that are offered at 'Villages Grown', I understand they are going to begin to do tours of Coleman Prison. Instead of leaving with free lettuce,you will be able to get an autographed photo of Whitey Bulger.
Forgot about that one...or that pedo gymnastics ‘Dr’...Larry Nassar
It’s funny. Most that fear monger on this facility have no idea how secure the area around it actually is. It is a BOP facility and its classification is ‘high security’....making the areas around it probably safer than most of TV developments. But like most people that complain about moving next to generational entities like...a prison, a college or a pro sports complex, they’re gonna keep on keepin’ on! Classic NIMBY mentality!
Glowing Horizon
06-04-2024, 12:45 PM
roadrnnr.....be aware of high taxes and high bonds, and the lack of many stores, golf courses, and good restaurants, also big box stores. Also, check out the Daily Sun and look at how many homes in the southern area are for sale already. There has to be a reason why. Don't be starry eyed at new construction, and be aware of Coleman prison not that far away
The primary reason for many newer home sales in the South is real estate speculation. They hope to cash in after the new home appreciation has happened but before the home & neighborhood has aged enough to demand a lot of maintenance & the bloom is off the rose. Rental properties are not nearly as attractive at higher interest rates & newly constructed homes will receive their property tax assessments.
Glowing Horizon
06-04-2024, 12:47 PM
Similiar to the $25 tours that are offered at 'Villages Grown', I understand they are going to begin to do tours of Coleman Prison. Instead of leaving with free lettuce,you will be able to get an autographed photo of Whitey Bulger.
Whitey died in 2018 so those signatures may be forgeries.
thelegges
06-04-2024, 01:03 PM
Not to mention blasting from the quarry that is in the southern vicinity. For the life of me, I do not understand why anyone would move from north of 44 to the southern area. There are too many detriments down there that are "must avoids"; the Turnpike being one big "must avoid".
We all know you choose where to live, and no matter how wrong one thinks others have made bad decisions. It’s still just an opinion.
Hundreds of homes are built, sold, and enjoyed everyday, south of 44. Even after some chose to try to let you know they think you have made the biggest financial mistake ever.
We live four street from the turnpike, and this and every morning, I sit on our lanai, overlooking the pool, listening and watching pair of woodpeckers in the tree. While 3 families of birds (cardinals, tiny sparrows, and one undetermined nest) singing their hearts out. I can slightly hear the rooster crowing incorrectly before dawn. Watch birds of prey flying over always watching.
At times sitting before dawn I can watch the bobcat walk along the fence, looking for breakfast.
Of all of our homes in TV, and there have been a few, I have never had the quiet and peaceful days that I have now, living four streets over from the turnpike.
Glowing Horizon
06-04-2024, 01:06 PM
Forgot about that one...or that pedo gymnastics ‘Dr’...Larry Nassar
It’s funny. Most that fear monger on this facility have no idea how secure the area around it actually is. It is a BOP facility and its classification is ‘high security’....making the areas around it probably safer than most of TV developments. But like most people that complain about moving next to generational entities like...a prison, a college or a pro sports complex, they’re gonna keep on keepin’ on! Classic NIMBY mentality!
The prison poses some unique questions. Do they use a loud speaker/alarms? What are the flood lights like at night? How much traffic is generated by deliveries, visitors, service providers employees, and prisoner transports? In the event of an escape, how would you be notified? Besides inmates, what else is at the facility? Escaped inmates do occur—even from very secure federal prisons but most federal inmates committed non-violent white-collar crimes.
Stu from NYC
06-04-2024, 01:28 PM
For what its worth my Villages sales agent said the absolute last Eastport area homes will be the ones closest to Eastport.
.
So the last Eastport homes will be the ones closest to Eastport. Hmmm how does that work?
Sorry couldnt resist
Shipping up to Boston
06-04-2024, 01:37 PM
The prison poses some unique questions. Do they use a loud speaker/alarms? What are the flood lights like at night? How much traffic is generated by deliveries, visitors, service providers employees, and prisoner transports? In the event of an escape, how would you be notified? Besides inmates, what else is at the facility? Escaped inmates do occur—even from very secure federal prisons but most federal inmates committed non-violent white-collar crimes.
Theirs is self contained, inaccessible from TV property. I invite you to contact BOP or schedule a meeting with officials at Coleman. I think the statistics and concerns will be greatly overrated. My one visit....at least from the TV side is that of a wooded buffer...a significant one. The ‘lights’ are as inconsequential as the ones will be at TV Charter football complex....the ‘speakers’, like those of a HS sporting event, are limited in activity. All of which brings me back to my other posts.....both were there before you, so do your due diligence....don’t buy or if you did...move!
Altavia
06-04-2024, 02:12 PM
The prison poses some unique questions. Do they use a loud speaker/alarms? What are the flood lights like at night? How much traffic is generated by deliveries, visitors, service providers employees, and prisoner transports? In the event of an escape, how would you be notified? Besides inmates, what else is at the facility? Escaped inmates do occur—even from very secure federal prisons but most federal inmates committed non-violent white-collar crimes.
That sounds more like living near a Walmart that a prison :-)
margaretmattson
06-04-2024, 03:07 PM
The primary reason for many newer home sales in the South is real estate speculation. They hope to cash in after the new home appreciation has happened but before the home & neighborhood has aged enough to demand a lot of maintenance & the bloom is off the rose. Rental properties are not nearly as attractive at higher interest rates & newly constructed homes will receive their property tax assessments.Many investors are buying in the Eastport area. A large percentage are Villagers. This is creating two different housing markets. Owners with views are trying to push the value over the one million mark. While buyers of the remaining homes are pushing the prices down. Very few want to pay $500,000 for a kissing lanai, a home that needs work, or a home in a bad location. A year ago, Lake Denham and Dabney construction was complete. Nearly 100 of those new homes are sitting empty. Inventory on MLS and VLS is increasing.
It will not surprise me if the Developer is forced to reduce the price of homes in Moultrie Creek. If you are looking for a $500,000 home, waiting may save you 10%- a hefty $50,000. For obvious reasons, it is best to buy LOW in a new neighborhood than High.
But, if you absolutely need a home with a view, good luck! You will have to contend with the lottery and pay full premium price. If your plan is for investment, keep this in mind. The amount of higher-priced homes listed for sale is increasing every day. Competition is fierce. In previous years, there were a few on the market. Now, hundreds.
Stu from NYC
06-04-2024, 03:23 PM
The prison poses some unique questions. Do they use a loud speaker/alarms? What are the flood lights like at night? How much traffic is generated by deliveries, visitors, service providers employees, and prisoner transports? In the event of an escape, how would you be notified? Besides inmates, what else is at the facility? Escaped inmates do occur—even from very secure federal prisons but most federal inmates committed non-violent white-collar crimes.
If someone escapes I think you would be notified by all the lights of the prison going on as well as lots of sirens
Shipping up to Boston
06-04-2024, 03:37 PM
If someone escapes I think you would be notified by all the lights of the prison going on as well as lots of sirens
Coleman was opened over 20 years ago. That means not only do their employees, staff and visiting family members....live, shop, dine, play, stay in hotels etc. ....in many of the same establishments as Villagers....doing so contributes to the local economy in ways most (continue) to be oblivious to. For those ‘siting’ in that area...at least on its borders....you will enjoy a Federal law enforcement presence 24/365....and not even notice. No offense to CW, but I can almost guarantee that will not be one of their higher priority vehicular patrolling grounds
margaretmattson
06-04-2024, 05:20 PM
[QUOTE=Altavia;2337197]About 30% of new home buyers come from north of 44.[/QUOTE)
Very few up here want to give up their extremely low taxes and no bond. Many paid well under $300,000 for their homes. Tax assessment is very low with no city tax for most. Most find it ridiculous to pay more for the same model in the south.
Your 30% seems high. If true, it is not a good scenario. This means Villagers are buying the majority of new homes in the south. Sooner or later, that bubble is going to burst.
Randall55
06-05-2024, 12:14 AM
Many investors are buying in the Eastport area. A large percentage are Villagers. This is creating two different housing markets. Owners with views are trying to push the value over the one million mark. While buyers of the remaining homes are pushing the prices down. Very few want to pay $500,000 for a kissing lanai, a home that needs work, or a home in a bad location. A year ago, Lake Denham and Dabney construction was complete. Nearly 100 of those new homes are sitting empty. Inventory on MLS and VLS is increasing.
It will not surprise me if the Developer is forced to reduce the price of homes in Moultrie Creek. If you are looking for a $500,000 home, waiting may save you 10%- a hefty $50,000. For obvious reasons, it is best to buy LOW in a new neighborhood than High.
But, if you absolutely need a home with a view, good luck! You will have to contend with the lottery and pay full premium price. If your plan is for investment, keep this in mind. The amount of higher-priced homes listed for sale is increasing every day. Competition is fierce. In previous years, there were a few on the market. Now, hundreds.The housing market is definitely interesting to watch. Some swear Moultrie Creek is selling like hot cakes. I took a drive through the area and saw many have moved in. However, quite a bit are sitting empty on most streets. Reminds me of what happened in Lake Denham and Dabney. When I drove those streets during new build, I saw the same. Is Moultrie and Shady Brook another area that lacks buyer interest? In a few months, we will have the answer.
Altavia
06-05-2024, 06:50 AM
The housing market is definitely interesting to watch. Some swear Moultrie Creek is selling like hot cakes. I took a drive through the area and saw many have moved in. However, quite a bit are sitting empty on most streets. Reminds me of what happened in Lake Denham and Dabney. When I drove those streets during new build, I saw the same. Is Moultrie and Shady Brook another area that lacks buyer interest? In a few months, we will have the answer.
But yet the New Villager boards in the sales centers continue to show 70-100 names a week.
asianthree
06-05-2024, 07:34 AM
[QUOTE=Altavia;2337197]About 30% of new home buyers come from north of 44.[/QUOTE)
Very few up here want to give up their extremely low taxes and no bond. Many paid well under $300,000 for their homes. Tax assessment is very low with no city tax for most. Most find it ridiculous to pay more for the same model in the south.
Your 30% seems high. If true, it is not a good scenario. This means Villagers are buying the majority of new homes in the south. Sooner or later, that bubble is going to burst.
Every released build lot sold in first five minutes, some lots with the 6 figure premiums of the old days.
Or new village has 43% moving from northern areas of TV. We sold our 15yo home that had a balance of $12,000 on mortgage and bond. Taxes we were $5,682.
We now have a new house, yes a bond that we will never pay off, a beautiful view, and taxes close to our old house. We wanted away from the high traffic, retail, and yes the older residents, that were our parents age, set in their ways,
Now we have high energy neighbors, enjoying every moment, instead of rolling up the sidewalk at 6pm
Randall55
06-05-2024, 01:16 PM
But yet the New Villager boards in the sales centers continue to show 70-100 names a week.You showed a picture of the large amount of closings when this happened in Lake Denham and Dabney. A year later, nearly 100 new homes are still sitting in that area. Hundreds more had to be sold at reduced prices. Could your most recent picture be of those who snagged a reduced price home?
I know what my eyes saw in Moultrie Creek. I am capable of reading over 200 available Moultrie listings on VLS. Lots of empty homes sitting just like Denham and Dabney. No sense in arguing. In a few months, buyers will have their say one way or the other.
asianthree
06-05-2024, 06:25 PM
You showed a picture of the large amount of closings when this happened in Lake Denham and Dabney. A year later, nearly 100 new homes are still sitting in that area. Hundreds more had to be sold at reduced prices. Could your most recent picture be of those who snagged a reduced price home?
I know what my eyes saw in Moultrie Creek. I am capable of reading over 200 available Moultrie listings on VLS. Lots of empty homes sitting just like Denham and Dabney. No sense in arguing. In a few months, buyers will have their say one way or the other.
Does it really matter where 70-100 people are buying? It just means houses are selling, those less desirable homes on lots, or models that some just don’t like, or kissing of death lanai, have always sat longer in any village.
Since your spouse sold homes would those stats for the last 20 years be available and the percentage of villages that were on the market at the same time? How many homes sold at a discount?
I know there were a fair amount with discounts when we bought in 2010, 2012, 2014. In 2020, 2021 there were few homes that had discounts. Then again there wasn’t 3-5 villages being released within short periods of time.
Since you look for homes to flip, you must have kept stats on market of new and preowned. But I don’t ever remember this many releases in multiple villages as we have in today’s market.
Then again the developers don’t seem to worry about homes, on the market, just seems business as usual. Keeping workers employed, instead of shutting down new building until all homes sell, in existing villages.
Pretty sure the construction guys are happy continuing to support their families
Randall55
06-05-2024, 06:52 PM
Does it really matter where 70-100 people are buying? It just means houses are selling, those less desirable homes on lots, or models that some just don’t like, or kissing of death lanai, have always sat longer in any village.
Since your spouse sold homes would those stats for the last 20 years be available and the percentage of villages that were on the market at the same time? How many homes sold at a discount?
I know there were a fair amount with discounts when we bought in 2010, 2012, 2014. In 2020, 2021 there were few homes that had discounts. Then again there wasn’t 3-5 villages being released within short periods of time.
Since you look for homes to flip, you must have kept stats on market of new and preowned. But I don’t ever remember this many releases in multiple villages as we have in today’s market.
Then again the developers don’t seem to worry about homes, on the market, just seems business as usual. Keeping workers employed, instead of shutting down new building until all homes sell, in existing villages.
Pretty sure the construction guys are happy continuing to support their familiesMy post was simply what I observed during my drive through Moultrie Creek. From what I saw, you are correct. Premium lots have sold out. But, hundreds of homes are empty. Commercial is nonexistent in Middleton, one year after construction of that area began.
Does it matter that many homes are sitting in Moultrie Creek? No commercial? To me, yes it does. My wife and I may be able to snag a new home at a great bargain in a few months. Or, if the Moultrie area remains unsold and without commercial, we will stay out of it completely. You may think a 10% discount is no big deal. For me, it will cover the cost of the upgrades I plan to make.It is enjoyable to have no out of pocket expenses. I am a firm believer in doing your own research and everyone should do what is best for them.
I am not concerned with the Developer's wallet. I am not employed by him and he does not pay my bills. I can not stop what he chooses to do and have absolutely no interest in trying. Nor can I sway ANYONE on what property to purchase or avoid. That insinuation is absurd. If I did have power over people, I would ask each for $1000. Then, I would be a very wealthy man. I am merely keeping a keen eye for what is best for my family.
Yes, my wife and I are stat keepers. We have been watching the housing market while renting for nearly a year. We do not see improvement. In fact, we see the opposite. Prices of homes dropping and inventory GROWING. This scenario is QUITE DIFFERENT than what occurred in previous years. Our strategy is to WAIT and WATCH. We never jump in blindly then hope for the best. We move slowly with a solid plan. YMMV depending on the type of property.
Dusty_Star
06-07-2024, 01:41 PM
About 30% of new home buyers come from north of 44.
I was from north of 44, about 1,200 miles north
kansasr
06-07-2024, 03:09 PM
You showed a picture of the large amount of closings when this happened in Lake Denham and Dabney. A year later, nearly 100 new homes are still sitting in that area. Hundreds more had to be sold at reduced prices. Could your most recent picture be of those who snagged a reduced price home?
I know what my eyes saw in Moultrie Creek. I am capable of reading over 200 available Moultrie listings on VLS. Lots of empty homes sitting just like Denham and Dabney. No sense in arguing. In a few months, buyers will have their say one way or the other.
Not sure where your eyes are looking but Lake Denham is virtually sold out and Dabney is over 75% sold. What's remaining in Dabney are interior lots in the Enclave and newer lots in the far SE corner.
Altavia
06-07-2024, 03:27 PM
Not sure where your eyes are looking but Lake Denham is virtually sold out and Dabney is over 75% sold. What's remaining in Dabney are interior lots in the Enclave and newer lots in the far SE corner.
Yep, still selling at their historical rate of +50 a week.
margaretmattson
06-07-2024, 04:08 PM
Yep, still selling at their historical rate of +50 a week.Posting pictures of closings does not show the reality of the housing market. Inventory continues to rise because demand is not meeting supply. Simply put, there are MANY MORE HOMES AVAILABLE THAN PEOPLE BUYING. Homes are sitting IN EVERY VILLAGE including new builds. All one has to do is look at the current listings on VLS and MLS. CURRENTLY OVER 1500 AVAILABLE. Average weekly closings of 50-70 VLS and 35-40 MLS doesn't even put a dent in that number. An equal or more amount of homes are being listed weekly to replace the amount that were sold. Inventory is going nowhere. We are in a buyer's market. Prices of homes are dropping. At this time, it is not wise to pay full asking price even on a new build.
Fenster
06-08-2024, 10:32 PM
Google Maps satelite view is your friend.
Hysterical!
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