Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   It feels like two completely different housing markets in the villages. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/feels-like-two-completely-different-housing-markets-villages-356208/)

Topspinmo 01-29-2025 05:52 PM

Quote:

Originally Posted by asianthree (Post 2405553)
What percentage do you really believe Don’t have a clue about a Bond? The bond stays with the house as it is sold, rarely do you find new home with paid bond. Our last four houses sold with bond in place, not a surprise to anyone bidding on the homes. I must give too much credit to those buyers in TV, not buying with blindfold on. Even my parents in their 80s asked balance of bonds. according to you most are just clueless and bonds are hidden in the fine print.:faint: or maybe it your personal experience that you didn’t see the bond fine print and are warning all.

It may stay with home but the owners responsible for paying it whether it be year or 20. Yes it is extra expenses.

Happydaz 01-29-2025 05:55 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 2405468)
tough being in rural FL in a development with more development going on, and people looking buy new versus old. . . there are tipping points for everything, but if a cow pasture looks like it can be developed by a developer, then a developer will develop. .

Are you correct in saying that “people are looking to buy new” rather than buy resales? Anyone know the actual figures of new versus resales per month?

DrMack 01-29-2025 06:26 PM

Paid
 
Quote:

Originally Posted by Topspinmo (Post 2405560)
It may stay with home but the owners responsible for paying it whether it be year or 20. Yes it is extra expenses.

We paid ours off a month after the house was built and closed on. It would make the house easier to sell, but we would lose money on the sale because home values aren’t that good right now in Dabney.

Babubhat 01-29-2025 06:42 PM

Quote:

Originally Posted by Normal (Post 2405536)
And then there is that little bitty of an EXTRA charge….the BOND of 50 K. It’s all int he fine print.

The yearly bond is nothing but extra real estate tax. Peanuts compared to the real estate bill in the Northeast.

FloridaGuy66 01-29-2025 09:00 PM

Quote:

Originally Posted by vintageogauge (Post 2405504)
It's not the folks in Fenney that are whining as you say. Coleman Ridge is on the western side of The Village of Hammock of Fenney, why they named it that is beyond me, which is far from the original village of Fenney.

The Hammock of Fenney is adjacent to the Village of Fenney, how can something adjacent be far? Even the furthest part of the Village of Fenney from Hammock of Fenney is no more than 5 minutes away.

vintageogauge 01-29-2025 09:46 PM

Quote:

Originally Posted by FloridaGuy66 (Post 2405597)
The Hammock of Fenney is adjacent to the Village of Fenney, how can something adjacent be far? Even the furthest part of the Village of Fenney from Hammock of Fenney is no more than 5 minutes away.

The project is on the far west side of Hammock, there will be no sight or sound from the project within the Village of Fenney as it is a pretty good distance both west and south of the entrance to Fenney or to any of the homes within Fenney. The only problem anyone will have is going to be the increased traffic on 301 and 470 along with Meggison which everyone is going to have to put up with.

rsmurano 01-30-2025 06:45 AM

The enclave is an area that TV were offering big discounts for land because nobody wants to build there. This is the only area that 1/2 the lots are still available 1 or 2 years after development started, even DeLuna between the turnpike and 301 were more discounted but sold out within 6 months.
The enclave was supposed to be a unique premier village like the older premier upscale home villages but the enclave has a mix of large premier homes and designer homes.
The lotteries going on in Eastport have many more people than 20 bidding on homes/lots. I know multiple friends that tried up to 7 times to buy a home/lot, so it’s not a gimmick.
If TV wanted to gouge the buyer, instead of the lottery, have them do an actual bidding war for each home/lot, you will see even higher prices than what you see now.

Lindawc 01-30-2025 07:34 AM

Coleman Ridge
 
Quote:

Originally Posted by shut the front door (Post 2405480)
Yep, folks in Fenney are already whining about Coleman Ridge. I don't know when people will learn that buying near undeveloped property in FL is a crapshoot.

What is Coleman Ridge?

Normal 01-30-2025 07:47 AM

Changes all the time
 
I recall buffalo that used to be near 466 and the south end of the Villages on Buena Vista. That was UNTIL they started building south of 466 lol. If there is a dollar to be made then it is made, regardless of those who don’t have control of the circumstances of bordering property.

edtherock 01-30-2025 08:02 AM

New vs old
 
Well people may like new and have to be in a lottery to get what they want which takes time. Or they can buy my 22 year old stucco house with the most beautiful view of Laurel valley palmers course tee number 4, green number 6 and a water view of birds and wildlife sitting on a cul de sac. With privacy from neighbors. And you don’t need to pay 50k on top of the new house price for a bond! !oh don’t forget 2 squares in 10 minute golf cart ride, Publix , Costco, Ace , and restaurants and bars all within 5 minute golf cart ride. Convenience galore!!!! Mini split in lanai with 8 double sliders and a bird cage. 2400 sq feet hvac space Not for sale ——but a high enough offer gets it!!! lol.

Snakster66 01-30-2025 08:42 AM

Quote:

Originally Posted by edtherock (Post 2405658)
Well people may like new and have to be in a lottery to get what they want which takes time. Or they can buy my 22 year old stucco house with the most beautiful view of Laurel valley palmers course tee number 4, green number 6 and a water view of birds and wildlife sitting on a cul de sac. With privacy from neighbors. And you don’t need to pay 50k on top of the new house price for a bond! !oh don’t forget 2 squares in 10 minute golf cart ride, Publix , Costco, Ace , and restaurants and bars all within 5 minute golf cart ride. Convenience galore!!!! Mini split in lanai with 8 double sliders and a bird cage. 2400 sq feet hvac space Not for sale ——but a high enough offer gets it!!! lol.


I believe we share a village (moved here in September). Love, love, love it.

Snakster66 01-30-2025 08:46 AM

Quote:

Originally Posted by manaboutown (Post 2405442)
In real estate in my experience it has always been "location, location, location". Looks like that still holds true.

Precisely why we didn't buy new. I think here, more than most communities, "location, location, location" varies greatly depending on the buyer.

NoMo50 01-30-2025 09:25 AM

Quote:

Originally Posted by vintageogauge (Post 2405600)
The project is on the far west side of Hammock, there will be no sight or sound from the project within the Village of Fenney as it is a pretty good distance both west and south of the entrance to Fenney or to any of the homes within Fenney. The only problem anyone will have is going to be the increased traffic on 301 and 470 along with Meggison which everyone is going to have to put up with.

I was at the Board of Commissioners meeting this past Tuesday night at Everglades Rec Center, where a great deal of the agenda concerned the Coleman Ridge project. There were several residents there to voice concern over the development. The main thing on the agenda centered on the addition of 121 acres into the Coleman Ridge project, and rezoning of those additional acres. The project carries a mixed zoning designation, allowing a possible combination of residential, commercial, and industrial usage. A representative from the developer spoke at the hearing, and said the developer has made no decision, as yet, exactly how that property will be developed. That seems to be what has folks most concerned...i.e., there could be an industrial park placed within that development. They have a right to be concerned.

Normal 01-30-2025 09:33 AM

Why not
 
Quote:

Originally Posted by NoMo50 (Post 2405686)
I was at the Board of Commissioners meeting this past Tuesday night at Everglades Rec Center, where a great deal of the agenda concerned the Coleman Ridge project. There were several residents there to voice concern over the development. The main thing on the agenda centered on the addition of 121 acres into the Coleman Ridge project, and rezoning of those additional acres. The project carries a mixed zoning designation, allowing a possible combination of residential, commercial, and industrial usage. A representative from the developer spoke at the hearing, and said the developer has made no decision, as yet, exactly how that property will be developed. That seems to be what has folks most concerned...i.e., there could be an industrial park placed within that development. They have a right to be concerned.

Sure, it’s very close to 75 and could generate real profits for the right company. It has to happen sooner or later. The cement factory down the street is generating record profits even though it basically is in downtown Middleton.

Rhonda West 01-30-2025 09:34 AM

Villages Pre-owned
 
Hey Jim - I am with you on this! I've had my Gardenia for sale since August and have had 1 ridiculous offer. Seems that GONE are the days of having your house sell in days or weeks after listing it. The Villages has DEFINITELY changed over to a BUYERS market after being a SELLERS market for years. Definitely disappointing...BTW I am in the market for a Winslow-C CYV and there are not many, if ANY, new or pre-owned!


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