Price drop

Reply
Thread Tools
  #1  
Old 05-27-2025, 05:05 PM
BPRICE1234 BPRICE1234 is offline
Senior Member
Join Date: Nov 2023
Posts: 148
Thanks: 181
Thanked 49 Times in 26 Posts
Default 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.
  #2  
Old 05-27-2025, 05:09 PM
asianthree's Avatar
asianthree asianthree is offline
Sage
Join Date: May 2011
Location: Caroline, Pennacamp, Fernandinia, Duval, Richmond
Posts: 10,233
Thanks: 32
Thanked 4,593 Times in 1,789 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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?
__________________
Do not worry about things you can not change
  #3  
Old 05-27-2025, 05:53 PM
jimhoward jimhoward is offline
Senior Member
Join Date: Oct 2024
Posts: 246
Thanks: 19
Thanked 220 Times in 112 Posts
Default

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.
  #4  
Old 05-27-2025, 05:55 PM
Normal's Avatar
Normal Normal is online now
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,408
Thanks: 5,234
Thanked 1,802 Times in 871 Posts
Default It certainly happens

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
Attached Thumbnails
The Villages Florida: Click image for larger version

Name:	IMG_0276.jpg
Views:	5522
Size:	63.2 KB
ID:	108586  
__________________
Everywhere

“ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson

Borta bra men hemma bäst

Last edited by Normal; 05-27-2025 at 06:27 PM.
  #5  
Old 05-27-2025, 09:59 PM
mtdjed mtdjed is offline
Platinum member
Join Date: Jan 2009
Posts: 1,540
Thanks: 1
Thanked 1,237 Times in 433 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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.
  #6  
Old 05-28-2025, 03:08 AM
margaretmattson margaretmattson is offline
Veteran member
Join Date: May 2023
Posts: 962
Thanks: 475
Thanked 978 Times in 429 Posts
Default

Quote:
Originally Posted by mtdjed View Post
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.

Last edited by margaretmattson; 05-28-2025 at 03:21 AM.
  #7  
Old 05-28-2025, 04:09 AM
MacScuba MacScuba is offline
Member
Join Date: Feb 2020
Location: SE Michigan
Posts: 92
Thanks: 27
Thanked 42 Times in 29 Posts
Default

The good ones go the same day they are listed. If it’s sitting, there is a reason.
  #8  
Old 05-28-2025, 04:24 AM
Mrmean58 Mrmean58 is offline
Senior Member
Join Date: Mar 2020
Posts: 305
Thanks: 617
Thanked 349 Times in 146 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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?
  #9  
Old 05-28-2025, 05:08 AM
Tomptomp Tomptomp is offline
Senior Member
Join Date: Mar 2018
Posts: 105
Thanks: 0
Thanked 126 Times in 50 Posts
Default 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.
  #10  
Old 05-28-2025, 05:18 AM
westernrider75 westernrider75 is offline
Senior Member
Join Date: Aug 2020
Posts: 434
Thanks: 148
Thanked 301 Times in 169 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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.
  #11  
Old 05-28-2025, 05:31 AM
RoseyRed RoseyRed is offline
Senior Member
Join Date: Jul 2024
Posts: 144
Thanks: 738
Thanked 66 Times in 45 Posts
Default

Quote:
Originally Posted by mtdjed View Post
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.
  #12  
Old 05-28-2025, 05:46 AM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,562
Thanks: 641
Thanked 2,576 Times in 1,260 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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. .
  #13  
Old 05-28-2025, 06:10 AM
FredMitchell FredMitchell is offline
Senior Member
Join Date: Aug 2023
Posts: 174
Thanks: 44
Thanked 99 Times in 53 Posts
Default

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.
  #14  
Old 05-28-2025, 06:22 AM
Rsener Rsener is offline
Junior Member
Join Date: Jun 2016
Posts: 7
Thanks: 23
Thanked 3 Times in 2 Posts
Default Homes new

Quote:
Originally Posted by BPRICE1234 View Post
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
  #15  
Old 05-28-2025, 06:30 AM
CarlR33 CarlR33 is offline
Veteran member
Join Date: Dec 2023
Location: Newell the place to be in the South
Posts: 837
Thanks: 610
Thanked 596 Times in 310 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
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?
__________________
I will say the things that others are probably thinking but afraid to say.
Reply

Tags
price, drop, 20k, drops, week


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 01:02 AM.