Is Spanish Springs dieing slowly
 

Spanish Springs is slowly dieing, most of the shops, bars, restaurants are closed. Is anything happening to revitalized it ?

SOME businesses are closed, not most. Hard to state whether or not it is DYING

:sigh::sigh:

I guess you missed this thread with 74 posts answering your question.
???
https://www.talkofthevillages.com/fo...panish+springs

He was probably thrown off by the spelling. Though I must say, I think Spain-ish is a more accurate representaton.

Slowly? Nah...its dead fast!

recession coming vs dead?

Inflationary effects vs lagging income effects?
(inflation happens during the year, and the annual adjustment comes after the inflation has already hit your spending)

Age transition from the original TV concept to the current age, does take time, a good 10 years. Our friends bought near SS from a seller who moved into assisted living. . . great outdoor living versus today's models, more spacious land area with pool, spa, outdoor kitchen. .

Yes, I think this. ^^^ Economies are cyclical - that has always been the case.

An anecdotal example I can offer is that I was visiting TV for three week last year at exactly this time and stayed in the SS area. I now live here. I see a noticeable difference in the lesser traffic on 441 and lower attendance at SS Town Square in the evenings. If someone were to measure it, that effect is likely true all over TV.

The last several years of inflationary pressures have caught up with peoples wallets. They have less savings to use for discretionary activities.

There was also that unique "pandemic" event in 2020-2022 that caused plenty of people from states helmed by Governors with draconian policies to begin looking elsewhere for a possible/actual move. That pressure has eased which is likely resulting in lower visitation to TV.

There is substantial population both north and south of SS (50,000+?) to support it. So, it'll come back when personal and national economics improve.

Time will tell

Say the ladies are insane there
And they sure know how to use it

Give it time
 

Give it some time maybe?

We are undergoing a strong downturn on home values in the Villages.
Can interest rates change our decline before January 26? As we all know there are houses for sale everywhere. One just has to click on the Villages.com or Zillow and you could view homes all day long. The MLS is hurried with inventory. But, the change of tide could be interest rate changes. Give it till Spring of 26?

The five cities where inventory grew the most between January 2024 and January 2025 were Palatka (up 34.3 percent with 435 active listings), Wauchula (up 32.8 percent with 77), Naples (up 28.6 percent with 7,932), Fort Lauderdale (up 27.2 percent with 19,440), and The Villages.

In all these cities a significant share of sellers have lowered their originally asked price, hoping to encourage buyers.

According to Zillow data, there were 288 homes for sale in the Palatka market as of Tuesday morning, 74 of which had a price reduction. In Wauchula, there were 61, of which six had their price slashed by sellers. In Naples, there were 8,043 homes listed for sale, 2,731 of which had a price reduction. In Fort Lauderdale, 3,249 were listed for sale, 830 of which had their originally listed price cut by sellers.

In The Villages, 290 homes listed for sale had price cuts, out of a total of 713 (excluding FSBO of 23.). Then there are another 800 VLS preowned.

There will be a turnaround sooner or later and then Spanish Springs will again be a more desirable retail area.

Personally, I live south of 44 and barely even go to Lake Sumter Landing. I’d never go to Spanish Springs. Too far. Brownwood and Sawgrass Grove are packed all the time. I’d go to Sawgrass more often but it’s always so crowded.

Very typical, we stay in our bubble when we are seniors!

As Yogi used to say, nobody goes there anymore its too crowded

Most are not closed and it is not dying.