Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   About One Hundred new listings on MLS today for TV? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/about-one-hundred-new-listings-mls-today-tv-350595/)

golfing eagles 06-09-2024 05:12 AM

Quote:

Originally Posted by Papa_lecki (Post 2339022)
Interesting turn of events - turns into Nada. 12 hours later, its 510 homes on Zillow.

As advertised :1rotfl::1rotfl::1rotfl:

Now, all the chicken littles can relax.

bowlingal 06-09-2024 05:45 AM

Craig....lots and lots homes in the southern section for sale already. High bonds, lack of restaurants, shopping, taxes, the prison and turnpike could be why

Altavia 06-09-2024 06:14 AM

Quote:

Originally Posted by golfing eagles (Post 2339042)
As advertised :1rotfl::1rotfl::1rotfl:

Now, all the chicken littles can relax.

Oh, I am sure they will continue to give genius advise on how to get a discount on homes no body wants.

:1rotfl::1rotfl::1rotfl:

skippy05 06-09-2024 06:16 AM

This is great news for first time purchasing in The Villages. Why so many only think of their own situations? Aren't you happy for new neighbors to be able to afford what you bought for less?

Kim Creed 06-09-2024 06:43 AM

Are you also tracking the VLS?

huge-pigeons 06-09-2024 06:54 AM

The sky is falling! The sky is falling! All these stats are way off. Prices coming down to 21 levels? Those days are gone! Prices are $50,000 less than what people are asking. Even those sellers are making $100,000 to $200,000 profits in a a couple of years.

TV has discounted prices in the more undesirable areas, and some people might think the prices are falling: just not true. You can add DeLuna to your list and even with those discounts, I wouldn’t live in that area.
Have you tried buying a place in Eastport? Probably not because the lottery is invoked for new properties with hundreds vying for the same piece of land/house. How can somebody say the sky is falling when you have hundreds vying for the same piece of property?

melpetezrinski 06-09-2024 06:54 AM

Quote:

Originally Posted by melpetezrinski (Post 2338726)
I've also been watching and my initial guess is a glitch.

Looks like the MLS inadvertently relisted pending homes and/or expired listings. So, major price reductions are not on the horizon, the sky isn't falling and the change in total listings from 536 to 635 to 505 are not normal variations.

maistocars 06-09-2024 07:11 AM

Quote:

Originally Posted by vintageogauge (Post 2338780)
Correct, Chitty Chatty was tough, it was isolated and lots of power lines along with the main golf car path to the bridge going through it they gave heavy discounts to complete that village and probably celebrated when it was finally sold out.

Yet, that same area in Chitty Chatty is now one of the hottest markets in TV - Villas sell super quick. The last one, which had the worst location in that grouping, sold in 3 days at an inflated price. No others are currently for sale in that section. It's all about location.

asianthree 06-09-2024 07:27 AM

Quote:

Originally Posted by bowlingal (Post 2339049)
Craig....lots and lots homes in the southern section for sale already. High bonds, lack of restaurants, shopping, taxes, the prison and turnpike could be why

I know it’s hard for some to grasp, but multiple people buy homes every year to two years. They don’t sell because of bond( which nobody pays off), lack of brick, taxes, prison, turnpike, and you forgot to mention quarry blasts.( you might want to add that devastation).

People invest and make profits, they buy the right properties, make $50,000 to $150,000 in a short time, a good income investment. I would say age has something to do with understanding why buy/sell isn’t in their mind set, but our parents have the same mindset, as does our children.

oneclickplus 06-09-2024 07:28 AM

Quote:

Originally Posted by Craig Vernon (Post 2338708)
As I have said on here before my wife and I have been watching the real estate market in TV for our near-term purchase for retirement. This morning 6-8-24 listings increased from 536 to 635 over night. Interesting turn of events?

Well, TV may or may not be severely affected. But, the trend in FL is downward prices. There have been several articles over the past couple of months. Here's one:

Florida House Prices Are Falling in Several Cities - Newsweek.

This article (and others) report an "historical supply shortage". But, I find that hard to believe. Who, exactly, is looking for housing (and able to pay for it)? It's certainly not the hordes running across the southern border with few skills and no work permits.

Ptmcbriz 06-09-2024 07:58 AM

When interest rates go up, real estate slows. When interest rates start dropping, real estate will speed up. It’s not rocket science…

ron32162 06-09-2024 08:38 AM

Im looking at it right now and it says 573 for all 3 zip codes. Keep in mind quite a few in the 32159 are not in the villages but surrounding the villages that's in the same zip code. Now 32162 and 32163, 98% of those are in the Villages

Justputt 06-09-2024 08:44 AM

Setting aside all the noise, the price/sq ft is cheaper here than many places I've lived, and own property and they have no amenities! Our current 20-year-old home in rural Upstate NY will sell for more than our new home in TV; our next-door neighbor sold their same vintage home for $265 sq ft (no upgrades, remodels, etc., just kept it maintained and fresh paint). We plan on being in our home until it's time for a dirt nap, so I don't really care about future home prices. Our kids will sell the place and it's all "found money" for them.

Robojo 06-09-2024 09:06 AM

Quote:

Originally Posted by Craig Vernon (Post 2338708)
As I have said on here before my wife and I have been watching the real estate market in TV for our near-term purchase for retirement. This morning 6-8-24 listings increased from 536 to 635 over night. Interesting turn of events?

Did they release a bunch of NEW HOMES???

Robojo 06-09-2024 09:13 AM

Quote:

Originally Posted by Craig Vernon (Post 2338708)
As I have said on here before my wife and I have been watching the real estate market in TV for our near-term purchase for retirement. This morning 6-8-24 listings increased from 536 to 635 over night. Interesting turn of events?

Investors snatched them up.


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