[Craig Vernon]

Originally Posted by Packer Fan

You missed one -
Your Landlord for May is an Awsome guy!!!

True!!!

Seriously, hope you find your dream home. I think it is the right time to buy. The market is close to a bottom. One thing I disagree with is that there is unprecidented inventory. We are not even to normal pre covid inventory levels... If things drop too far, you will see way less new houses on the market. The developer does care. I would buy before interest rates drop next year, that is when things will go crazy with new buyers.

Yes, my landlord for the last five years is a great guy and I hope to continue as friends in the future. We are both heading for an exciting future as residents. Have a wonderful day. If anyone is looking for a great home to rent look for ED and Donna in Fernandina on Villagershomes4rent...

[huge-pigeons]

Originally Posted by Craig Vernon

The Executive courses are in in the worst shape and whoever is in charge of them should be fired. FALSE.
Played twelve different courses and every one of them were equal to or better condition than last year. Exceptional...Belmont, Heron, Red Fox, Richmond Pitch/Putt

Snowbirds are sticking around longer. True
Restaurants and traffic were much higher through the first week in May than in previous years.

The north is older and less desirable than other areas. False
I must say the golf cart paths are far more confusing in the north but wow with country clubs like Glenview and Nancy Lopez. The north is a Gem.

Real Estate in the Villages is not affected by rates or down turns. False
Prices are dropping and supply is off the charts with more than 1500 homes for sale. Agents, both VLS and MLS were suggesting lower offers on our open house visits. One home priced at 611 dropped to 550K during our visit and the agent sent message stating owner accepting all offers.

Dabney and Lake Denham are in a different state. False
Someone at the pool said this to me (LOL). Good Place to get a value if you don't mind using your car or taking 40 minutes plus golf cart rides.

Eastport has a lottery on homes and lots. False
If there are multiple offers on the same property or site on the same morning then time limits are given in the order received to those wishing to purchase, however, most purchases are simply available or built and ready for sale. View lots sell very quickly.

Obviously, these are just my opinions and I welcome yours...

False! I have friends that have tried to buy a new lot and/or a new home in Eastport and have lost out up to 7 times so far due to the lottery system they have in place.

Maybe in some of the areas in Eastport you can go up and buy a home, probably not in the most desirable areas, but on the golf course, pond, marsh land views, you have a lottery. If you happen to win a lottery, then I think you have 2 hours to decide if you want it.

Some golf courses are terrible and that’s why they are shut down and will be down for months. Most are in very good condition.

1 more item to set straight:
Prices are staying steady or I should say at prices that are in the range they should be at.
I know a lot of homes near us want to make $200-$300k on their house in a little over a year, maybe 2 years. I have a friend that just purchased a 1 year old house that was $150k more than what the original owner paid for it without a dime of improvements.
So if somebody buys a home for $700k that the original owner had posted for $750k and the owner bought it for $500k the year before, without any improvements, I wouldn’t say the sky is falling, the owners still made a healthy profit. The days of doubling your home value in a year or 2 are gone for now for a few reasons. But I also have friends building in Eastport for over $1M. The friends that I know that have moved around in the villages, they have never lost money, not even close, and some have made quite a bit on each sale. I have 2 friends that are on their 6th and 7th house here, and 1 soon to be on their 8th. They don’t do this to lose money.

[Switter]

Originally Posted by Craig Vernon

The north is older and less desirable than other areas. False
I must say the golf cart paths are far more confusing in the north but wow with country clubs like Glenview and Nancy Lopez. The north is a Gem.

When I came here to look around I stayed in the Airbnb near 466A. At first I was captivated by the resort looking feel of the south (the palm trees etc). I ended up buying in Woodbury in the far north. Now I am so glad I did as my draw to the resort looking feel wore off after a couple months. I love the numerous big oaks, the shaded paths, lower volume of traffic, and the more "neighborhood" look of it up here. The homes are older but it's weird to even say that because the house I bought was built in 2002; my houses in Minnesota were built in the 1930s, 1917, and 1986 respectively.

I've been here 11 months and aside from missing being close to my family, I absolutely love The villages. Every day that I ride my bike on the paths, drive on the beautifully manicured roads, or go to the pools to swim I am reminded how blessed I am to live here.

[Dlbonivich]

Actually there are 1100 homes for sale and considering there are 75,000 homes in the villages I think that is ok. 3 months supply is normal. We are now at normal. Not a sellers market. Prices always drop in May and June. Always.

[Cuervo]

Is anyone interested in a free golf net set up.
I bought it a while back, set it up and realized it was too big for the spot I wanted to put it in.
I've been moving from one area of my garage to another the next step is the trash.

[Craig Vernon]

Originally Posted by Dlbonivich

Actually there are 1100 homes for sale and considering there are 75,000 homes in the villages I think that is ok. 3 months supply is normal. We are now at normal. Not a sellers market. Prices always drop in May and June. Always.

AS of today 6/5/2024 MLS 526 VLS Preowned 604 VLS new 308=1438
6/3/2023 MLS 419 VLS Preowned 452 VLS new 275=1146

[Laker14]

Culturally, the center of The Villages is Poinciana, which just by coincidence is where I reside.

As the saying goes, "Omnes viae Poinciana ducunt!"

[shaw8700@outlook.com]

I’m in the process of buying a house, up by where we have a canopy of trees, more than 100 feet wide in some cases. Just saying it is beautiful is so not enough.

I have without a doubt not just drank the kool-aid, hell I’ve bathed in it.

[Randall55]

Originally Posted by huge-pigeons

False! I have friends that have tried to buy a new lot and/or a new home in Eastport and have lost out up to 7 times so far due to the lottery system they have in place.

Maybe in some of the areas in Eastport you can go up and buy a home, probably not in the most desirable areas, but on the golf course, pond, marsh land views, you have a lottery. If you happen to win a lottery, then I think you have 2 hours to decide if you want it.

Some golf courses are terrible and that’s why they are shut down and will be down for months. Most are in very good condition.

1 more item to set straight:
Prices are staying steady or I should say at prices that are in the range they should be at.
I know a lot of homes near us want to make $200-$300k on their house in a little over a year, maybe 2 years. I have a friend that just purchased a 1 year old house that was $150k more than what the original owner paid for it without a dime of improvements.
So if somebody buys a home for $700k that the original owner had posted for $750k and the owner bought it for $500k the year before, without any improvements, I wouldn’t say the sky is falling, the owners still made a healthy profit. The days of doubling your home value in a year or 2 are gone for now for a few reasons. But I also have friends building in Eastport for over $1M. The friends that I know that have moved around in the villages, they have never lost money, not even close, and some have made quite a bit on each sale. I have 2 friends that are on their 6th and 7th house here, and 1 soon to be on their 8th. They don’t do this to lose money.

It is not the sellers who plan to make $100,000+ profit on their home who will suffer. It is the BUYERS who purchase these homes.When that buyer wants to move, they may have a difficult time because they will be WAY OVERPRICED than similar homes on the market.

Many residents want to cash-in on their homes. That buyer will be competing with sellers who bought from the Developer and did not pay a former seller an exorbitant amount of money. At the same time, the Developer will also have an identical model at the lowest price.

Buyer beware! This is now happening to many who bought during the Covid boom. They are taking a loss.

[Randall55]

Originally Posted by shaw8700@outlook.com

I’m in the process of buying a house, up by where we have a canopy of trees, more than 100 feet wide in some cases. Just saying it is beautiful is so not enough.

I have without a doubt not just drank the kool-aid, hell I’ve bathed in it.

Congratulations and welcome! Hope you have the time of your life.