Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Price drop (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/price-drop-359014/)

BPRICE1234 05-27-2025 05:05 PM

Price drop
 
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

asianthree 05-27-2025 05:09 PM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

Preowned or new?

jimhoward 05-27-2025 05:53 PM

I think the Villages Development Corp, plays their cards very close to the vest. I don't think anyone can predict if and when there would be a price decrease with any certainty.

Normal 05-27-2025 05:55 PM

It certainly happens
 
1 Attachment(s)
The Villages sat on the homes in Dabney for almost 6 months before you started seeing the slashing.

They look something like this from last year’s cuts

mtdjed 05-27-2025 09:59 PM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

In the Villages, there is no such thing as remaining homes. There may be remaining homes in a particular area. Usually the runt of the litter.

Thats life. Offer a price $20 K lower.

margaretmattson 05-28-2025 03:08 AM

Quote:

Originally Posted by mtdjed (Post 2434571)
In the Villages, there is no such thing as remaining homes. There may be remaining homes in a particular area. Usually the runt of the litter.

Thats life. Offer a price $20 K lower.

From my experience, the developer lowers the price on undesirable homes. Backs up to a major street, power lines, noise, kissing lanais, small interior lot, etc. OP, follow your gut. If you feel a home will not retain its value or a price drop is in the near future, you are probably correct.

If you are looking at preowned, research thoroughly before you buy. I would suggest you start with math.

714 homes available on MLS. Each week more are added. Homes sold each week average 30 to 40.

OVER 90% OF THE INVENTORY IS SITTING. If you are patient, it will not be difficult to find a good bargain.

MacScuba 05-28-2025 04:09 AM

The good ones go the same day they are listed. If it’s sitting, there is a reason.

Mrmean58 05-28-2025 04:24 AM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

Is this a serious question? Do car manufacturers tell the public when they drop prices or offer incentives? Just one example. Why would any business do such a thing?

Tomptomp 05-28-2025 05:08 AM

Price drop
 
The banks lend money to builders in “packs”. The money for new villages is released when one is sold out. When the villages wants “new” money they will sell quickly to obtain funds and a new contract with the banks. If no other factors are considered, the last few houses in an area may have a price drop.

westernrider75 05-28-2025 05:18 AM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

When there are very few left in a particular village the prices will fall to close out that village. We got a great deal on ours just because there were only a dozen or so left when we were looking. You have to be ready to move fast and I would suggest letting your real estate professional know that’s what you are looking for.

RoseyRed 05-28-2025 05:31 AM

Quote:

Originally Posted by mtdjed (Post 2434571)
In the Villages, there is no such thing as remaining homes. There may be remaining homes in a particular area. Usually the runt of the litter.

Thats life. Offer a price $20 K lower.

I have heard the new builds are nonnegotiable on price. It's a take it or leave situation. The price listed does not change unless The Vllages discounts it after considerable time.

CoachKandSportsguy 05-28-2025 05:46 AM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

LOL! if you bought the house, how would it drop 20K? its no longer for sale with a price?

each house is unique, and to assume that another house dropped 20K means your house should have dropped 20K, is just a mental game of unsuccessful bottom fishing ego massaging.

if you want to buy a house, put together a list of wants and needs, and a max price, and go hunting. If everything fits, buy the house and be happy about the house. .

behavior economics: this thought process is called resulting, ie, if the probability of success is 90%, that still means there is a 10% chance of failure. . 90% does not mean 100%, so if you make the choice and it happens, that was the 10%. . Pete Carroll losing the super bowl to the Patriots on a 90% play call. . from the book "Thinking in Bets" not a bad call, just not your desired outcome of which you have no control. .

FredMitchell 05-28-2025 06:10 AM

You could take a short round trip in a time machine. But operators usually charge millions of dollars for that since financial markets offer a much higher return.

Rsener 05-28-2025 06:22 AM

Homes new
 
Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

First of all don’t buy a new home there are great deals on older homes . Lots of extras already installed . Most have no bond , most have bigger lots . Bin here ten years the best place too live is above 466

CarlR33 05-28-2025 06:30 AM

Quote:

Originally Posted by BPRICE1234 (Post 2434541)
Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

What happens if the value increases $20K in a year? Your 401K (if you have one) can increase and decreases by a lot more than $20K in just a day?


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