The Villages Q2 Real Estate Update
 

For those not on the email list, Q2 Real Estate Update from The Villages.

Spanish Springs

Lake Sumter

Brownwood

Link to the full document.

Q2 Market Update 2022

Deleted duplicate post...

How do you get on the mailing list for these updates?

With rising interest rates wonder how much price of homes will come down?

We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?

For one thing established landscaping. Also closing to shopping.

Ask a Villages Rep to add you to the mailing list. They don't send a lot of spam.

It's been reported up to 80% of home sales here are cash.

We have added thousands into our home since we had it built. We expect to add a few more eventually. If you purchase a pre owned home you will most likely change a few things, but overall most of the usual upgrades will be done, which will save you time, aggregator & money. A lot of upgrades have gone up in price due to labor & material increases.

For examples, we have upgraded our floors, put sliding glass, electric shades & a/c in our lanai, as well as many other items.

Also our location is super. A stone’s throw to multiple pools, rec centers, dr offices and shopping.

The better locations sell fast, remaining inventory homes tend to have something less desirable about the home or location. They may be discounted as the areas is closed out

I have heard that but for the other 20% who need a mortgage costs will go up and supply of buyers who can afford this place will go down.