Lower Sales
 

Does anyone know how much lower sales are compared to last year? From what I can see, it looks like houses aren't moving. I'm curious as to why this might be?

haven't seen this to be true...

What are you looking at that gives you this impression? Why would you assume that sales are down?

I was told by someone in sales.

Sales from 2013 to 2014 were down 24%. This is from John Burns Real Estate Consulting of Master planned communities. When we moved here in 2011 there were selling about 280 homes a month. Now the average is around 210.

I was told the same thing yesterday at an open house.

There are currently 910 new and resale homes listed on The Villages web-site for sale. It would seem better to clear out this inventory before offering more houses for sale in the Fruitland Park section, which will be more expensive.

The very frequent erroneous posts and rumors on this forum and on other online media do not help sell homes and they assuredly devalue our investments.

The two news stories spread world wide about the sex on the square and the sinkhole, I am sure turned a lot of people off who have never been here.

maybe people will buy because of sex on the square????

I agree there are frequent erroneous posts and rumors on this forum. But there is some truth as well, and issues involving The Villages have become much more transparent and not hidden, as they were in the past. It could be some people were turned off by the latest IRS probe, and and the uncertainty regarding how it might affect homeowners pocketbooks.

I came here looking for that square with all the fun.
haven't found it yet

I'm not sure it is a certain indication of sales trends or anything like that. It could be that the number of homes available, both new and used, is less. Or with the real estate market finally stabilizing, fewer speculators and such.

Just a thought. I haven't seen enough data to come to any meaningful conclusions.

The downturn has to be because of running stop signs, failure of people to negotiate roundabouts correctly, bicyclists vs. vehicles, vehicles vs. bicyclists, traffic, long lines, seat saving, dog poop, bad service, bad food, slow play on courses, not raking bunkers, not fixing divots, tights lies on fairways, trees being cut down mysteriously, people wanting/not wanting indoor pools, gripes about wanting/not wanting stripes on multi-modal paths, residents being assessed to pay for repairs of the Lake Sumter Bridge - what have I forgotten?:D

Seriously, we wouldn't trade our soon to be living there for any other place. We really looked hard at the Phoenix area until we took a trip to TV - Paradise.

The higher house prices in the last year may have something to do with slower sales. $189k patio villas and $400k designers w/o views were not around not so long ago. I'm glad they are, but it looks like the sale cycle takes longer.

Plus the bridge assessment, and the widening of 466......from whom will they get the money to pay for those issues?...

Probably from state highway funds.

I have lived here long enough to see many, many tempests in teapots settled. But for some odd reason no one comes on and says, WOW, that was taken care of.

There was hue and cry when the "wall" went up, and now that gate is doing pretty well and the precedent is keeping a lot of not needed golf carts from outside The Villages on the South side.

I may be a Pollyanna, but thank God, I am not as dumb as I look.chilout

The house next to me sold before it could be posted on the Village site.
Can't get any faster.

We didn't even list our first one in Hadley. Someone knew we were eventually planning to move here full time and they asked us to sell it to them.

Mclin and Burnsed handled the closing and we were looking for another home in The Villages with Jim McLaughlin.

Forget the sales, I still can't find that square with all the fun

How many developers are selling, building and closing on 200 to 300 homes per month?
Most across the country would think they have died and gone to heaven if they had the slowest rate in TV.

Maybe the slow down in the rate takes it from explosive to wild?

Reductions (or increases) are significant only when one knows the from which the numbers come/came. There will always be a certain number of new and resale available. The variance can only be plus or minus above that.

The develovers have crews to keep working and price increases to avoid a. In many instances the least cost to the builder could easily be build now and let sit in inventory. Not only least cost but higher profit margins as they will be pricing at current market which will usually be up. And building material costs of last year or even two years ago.

An operation the size of TV has financial options unavailable to smaller entities.

I don't think the TV will stumble in the closing years.

The variance being experienced in measuring terms would be labeled as noise on the curve!

I've never heard that they are widening CR 466 - is this something new?
I also haven't heard of a bridge assessment - just an article in the online newspaper speculating about the possibility.
Are these actual issues? :confused:

?What bridge? Where?

What latest IRS probe.......something new?

Not to worry................

Or, based on international events, personal investment performance, and economic uncertainties folks just might be reluctant to make major economic and lifestyle changes. I doubt that sex on the square (or electrical box) would have a negative impact.

11,000 plus posts and you never heard that 466 was to be four lanes from Colony to 441?
The bridge over Lake Sumter on Morse Blvd needs some shoring up.

Isn't it 466A?

No. They are not. Just speculation, rumors and innuendo's.

The slow sales as I see it is, The homes especially court yard villas are
overpriced, I'm gonna get flak but check the prices , I just saw one
cyv for sale for 319 thousand pictures and all , maybe worth 260

I think a lot of people will put a very high price, if they get the over priced sale it pays to sell it, nothing to lose and much more money to gain.

County money
 

Yes, it's 466A! The highway is Lake County responsibility and the bridge Sumter County. Neither have anything to do with sales In TV IMHO.

I find the discussion regarding sales interesting but not unusual. As a development enters deeper into the final phase it's only natural for sales to slow a bit over time. By anybody's imagination, sales are still very very good. The marketing strategy of selling TV is exceeded by no one. :thumbup:

9,000 plus posts and you think CR 466 runs from Colony to 441??

Just quoting you..........
Didn't want to cause you any confusion.

Lyle Gant has sales statistics on his website.

Click the link for "2001 - 2014 Sales Stats" to track year by year. YTD sales for 2015 is also available.

They need to get rid of that corny song. It's reminiscent of the Lawrence Welk and Mitch Miller Shows. No one wants to live with their parents. Like it or not the retirees relate to The Dead, James Taylor, Joni Mitchell and CSNY.
This place has everything that was fun when we were young. Sell that.

You are speaking of 466A, not 466!

Just my honest opinion, but some of the new houses offered for sale are just ugly inside, from the color of the kitchen cabinets to the granite and flooring. Some of the master baths have garden tubs, which may be OK for some, but not for most. I have a designer house and I chose my options, and am really shocked at what many of the new designer houses are going for. I live in Charlotte, and go to open houses all the time and, when I come home, I always say to my husband, "Thank God we bought when we did". I'd still be freezing my butt off up north!

Where do you get that number of $260,000? How do you know that's what it's worth?

In economics class, I was taught that something is worth whatever someone is willing to pay for it.

There are many CYVs selling for $300,000 and higher. In fact, there are some CYVs that people have sold for up to $500,000.

:BigApplause:

Dr. Winston--I.ve been here now about 5 months, prior to that I lived up north and I was on the comp. just about every day for about 2 years checking prices on homes from the villages and realtors, Ifelt then and now I have a very good idea about the prices, and most today, I say most are overpriced, You can go nearby and get twice the house you pay for in the villages, I know the answer lifestyle, well nearby has the same advantages as the villages, they have everything the villages has except katie belle.
Thats my opinion, most residents won't admit because they are more or less stuck here, so naturally they will come up with the good, like no snow, well then no skiing either.

Being told once is enough.....................