Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Fenny exisiting Home $$$ increased (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/fenny-exisiting-home--increased-262638/)

twoplanekid 06-07-2018 11:11 AM

Quote:

Originally Posted by Nova Filtration (Post 1551051)
If it includes the furniture it really didn't go up in price.

The first price of $189,*** did include furniture per the TV sales person on our visit to it although the first group of pictures of this home on the web site didn't show the furniture. Did TV make a mistake on the starting price of the home? I can't say.

B-flat 06-07-2018 12:29 PM

Quote:

Originally Posted by Lottoguy (Post 1540208)
Don't forget to look at preowned homes. Many already have thousands in upgrades.

Ditto to the above comment.

Just about a month ago we were interested in purchasing a court yard villa.(CYV). We were interested in 4 different CYVs, however, we could not get to Florida quick enough and 3 were sold in a matter of days. We were lucky we did get the 4th choice since the party who put the deposit were not able to complete the sale. AT the time there were quite a few homes and patio villas for sale, many of them are still for sale. Not sure what happened in early to mid May but property seemed to be “flying off the shelves.” Now at least from what I see things have slowed down, but I’m far from an expert and aren’t privy to any sales numbers. Seems to me homes and patio villas aren’t selling as quickly as CYVs. We would have liked a free standing in home in Chatam but as snowbirds, lawn maintenance was a consideration. Our CYV has no lawn that’s fine with me because my home in the north has plenty of lawn.

GoodLife 06-07-2018 02:25 PM

Quote:

Originally Posted by B-flat (Post 1551129)
Ditto to the above comment.

Just about a month ago we were interested in purchasing a court yard villa.(CYV). We were interested in 4 different CYVs, however, we could not get to Florida quick enough and 3 were sold in a matter of days. We were lucky we did get the 4th choice since the party who put the deposit were not able to complete the sale. AT the time there were quite a few homes and patio villas for sale, many of them are still for sale. Not sure what happened in early to mid May but property seemed to be “flying off the shelves.” Now at least from what I see things have slowed down, but I’m far from an expert and aren’t privy to any sales numbers. Seems to me homes and patio villas aren’t selling as quickly as CYVs. We would have liked a free standing in home in Chatam but as snowbirds, lawn maintenance was a consideration. Our CYV has no lawn that’s fine with me because my home in the north has plenty of lawn.

Lyle Gant keeps excellent stats on all homes sold thru the MLS. In 2017 Designers sold = 596, Cottages = 277 Courtyard Villas = 174 Patio Villa = 134

2017 Sales by Realtors in The Villages

Similar trend so far in 2018

New Page 234

B-flat 06-07-2018 02:56 PM

Quote:

Originally Posted by GoodLife (Post 1551172)
Lyle Gant keeps excellent stats on all homes sold thru the MLS. In 2017 Designers sold = 596, Cottages = 277 Courtyard Villas = 174 Patio Villa = 134

2017 Sales by Realtors in The Villages

Similar trend so far in 2018

New Page 234

Thank you GoodLife, very interesting stats.

twoplanekid 06-07-2018 09:03 PM

I checked a March 22 paper listing of three new homes in Fenney/DeSoto to the current web site price to note a $4,000 increase in all three. These are in addition to the one I already discussed.

6f018 Sandpiper 208,... now 212,...
10F036 Alder 243,... now 247,...
9F017 Crawford 273,... now 277,...

There was a price increase on many new homes at the beginning of June.

pjwjpb 06-19-2018 02:35 PM

NY prices,,,,Nope

vintageogauge 06-19-2018 06:01 PM

Quite a few golf course lots in McClure have already been sold without a hint in advertising. Really hard to believe how many homes have been sold in DeSoto.

GoodLife 06-19-2018 06:20 PM

1 Attachment(s)
Quote:

Originally Posted by vintageogauge (Post 1554693)
Quite a few golf course lots in McClure have already been sold without a hint in advertising. Really hard to believe how many homes have been sold in DeSoto.


New home sales in TV have always been quite robust, but recent years are quite a bit less than in the years of 2004 thru 2006 when they averaged over 4000 new homes sold per year. Average sales for 2015 to 2017 was slightly more than 2000 per year.


Attachment 75411

vintageogauge 06-19-2018 06:47 PM

Quote:

Originally Posted by GoodLife (Post 1554696)
New home sales in TV have always been quite robust, but recent years are quite a bit less than in the years of 2004 thru 2006 when they averaged over 4000 new homes sold per year. Average sales for 2015 to 2017 was slightly more than 2000 per year.


Attachment 75411

Those were the years of Lake Sumter villages and they sold very well as did homes in other parts of the country. In 2017 there was not near the inventory of new homes available here as they were about built out in The Pines and Oceola and just beginning Fenney however this year they are building at a very fast pace and I believe sold units will be well over the 2000 mark, last year was actually 2200 new units and an almost identical number of resales by The Villages sales agents around 6000 total units sold by TV and multiple listing agents in one year is an amazing number. That is a lot of homes per day 7 days a week.

GoodLife 06-19-2018 07:06 PM

Quote:

Originally Posted by vintageogauge (Post 1554706)
Those were the years of Lake Sumter villages and they sold very well as did homes in other parts of the country. In 2017 there was not near the inventory of new homes available here as they were about built out in The Pines and Oceola and just beginning Fenney however this year they are building at a very fast pace and I believe sold units will be well over the 2000 mark, last year was actually 2200 new units and an almost identical number of resales by The Villages sales agents around 6000 total units sold by TV and multiple listing agents in one year is an amazing number. That is a lot of homes per day 7 days a week.


Your original post was about how many new home sales there are now, I showed you that the numbers they are posting now are nowhere near what they did in years past. So nothing remarkable. Now you are adding TV resales and MLS resales to the mix, comparing apples to oranges. No doubt TV sells lots of homes, but current numbers are about 50% of what they did previously.

vintageogauge 06-19-2018 07:45 PM

Quote:

Originally Posted by GoodLife (Post 1554711)
Your original post was about how many new home sales there are now, I showed you that the numbers they are posting now are nowhere near what they did in years past. So nothing remarkable. Now you are adding TV resales and MLS resales to the mix, comparing apples to oranges. No doubt TV sells lots of homes, but current numbers are about 50% of what they did previously.

I agreed with your numbers, it's still shocking how many homes are sold per day both new and re-sales. I also feel that you will see the numbers grow over the next few years as they continue to build at an extremely fast pace south of 44. I'm not arguing with figures, I was down here looking at homes during the peak years when you were given only an hour to make up your mind or it would be sold to someone else, those were the bubble years and hopefully we will never have situations like that again. The future sales are going to be based on availability and the number of people retiring on a daily basis over the next decade.

Seacoast1 06-19-2018 10:41 PM

Quote:

Originally Posted by vintageogauge (Post 1542344)
A realtor is an agent selling property so yes, they are realtors.


Not all real estate agents are Realtors, but all Realtors are real estate agents. The difference is
A Realtor is an agent who belongs to the National Association of Realtors and takes an ethics course.
The Village agents are not Realtors.


Sent from my iPad using Tapatalk

Wiotte 06-19-2018 10:52 PM

Fenny exisiting Home $$$ increased
 
I have dealt with realtors who practice zero integrity and those who simply hold a real estate license who practice with the utmost of integrity. Attending a few seminars on ethics will not change an unethical person. The term realtor is a distinction without a difference. Bottom line, trust no one and check everything.

Love2Swim 06-20-2018 04:37 AM

Quote:

Originally Posted by vintageogauge (Post 1542347)
If the increase is true, it's 2% after a year of selling, that is to be expected. According to todays paper TV agents sold 2,200 new homes and 2,200 re-sales in 2017. That ratio will most likely stay the same for 2018.

If the economic news turns out to be true i.e. trade wars, the prices of new homes could go up even more due to higher cost of materials, which could make re-sales more attractive.

vintageogauge 06-20-2018 07:01 AM

Quote:

Originally Posted by Love2Swim (Post 1554774)
If the economic news turns out to be true i.e. trade wars, the prices of new homes could go up even more due to higher cost of materials, which could make re-sales more attractive.

If the cost of a new home goes up i would assume re-sale asking prices would go up also so I doubt that cost will affect the ratio. I would go further into discussing any "possible" trade war but that is not the topic here.


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