[manaboutown]

Originally Posted by graciegirl

Here is a beautiful home just listed;

Homefinder - The Villages(R) Homes and Villas for Sale

11/14/2011 it sold for $810, 625, the year it was built. Might bring a buck and a half ($1.5M) IMHO, maybe a couple hundred thou more as it has a pool and outdoor kitchen bells and whistles as well as extensive landscaping although Zillow shows my Idaho house which I paid $390K for in 10/17 at $725K so maybe, just maybe...

[graciegirl]

Originally Posted by manaboutown

11/14/2011 it sold for $810, 625, the year it was built. Might bring a buck and a half ($1.5M) IMHO, maybe a couple hundred thou more as it has a pool and outdoor kitchen bells and whistles as well as extensive landscaping although Zillow shows my Idaho house which I paid $390K for in 10/17 at $725K so maybe, just maybe...

We will see what it sells for.

[DAVES]

Originally Posted by Ingenuity

We were going to sell. We live south of 44 and bought October 2017. I had the home refloored and repainted. We have 2/2 Cottage with a fully fenced larger yard. I had The Villages realtor take a look a week ago. We bought for 188,000. They would list at 288,000 and already had buyers. We thought about it and realized the prices are so high where would we move to? LOL We will wait a bit but keeping an eye out for properties outside The Villages.

Beware of realtors. Not in the Villages and years ago. My mom passed away, the market was not as it is now.
There were issues with my sister. I did not want to fight. She signed with a broker, a sales lady who told her she has buyers waiting. Three or four months later still not sold.
Where were the buyers she said she had. Do not forget they are sales people. Real-estate, law is interesting. It only matters if it is in writing.

[DAVES]

Originally Posted by manaboutown

11/14/2011 it sold for $810, 625, the year it was built. Might bring a buck and a half ($1.5M) IMHO, maybe a couple hundred thou more as it has a pool and outdoor kitchen bells and whistles as well as extensive landscaping although Zillow shows my Idaho house which I paid $390K for in 10/17 at $725K so maybe, just maybe...

Like most things what you paid for it does not really matter. What matters is what it is worth today. What comparable homes are SELLING FOR.

Real Estate as an investment? Actually long term stock market has done better and it is far more liquid with zero cost to hold it

[manaboutown]

Originally Posted by graciegirl

We will see what it sells for.

Well, it's not over until the Fat Lady sings as the saying goes. In the early 1990s I worked for a Japanese company and heard stories of how wealthy Japanese were chauffeured around Hawaii in limousines, stopping at peoples houses, and offering them exorbitant sums of cash on the spot for their properties. Of course we know how it eventually ended, badly. COLUMN ONE : Japanese Investors Say '''Aloha''' : Their Hawaiian real estate buying boom has gone bust. As they retreat, the shell-shocked state hopes to attract other Asian suitors and U.S. bargain hunters. - Los Angeles Times

The real estate boom is extensive, in part due to mass migration from crime ridden high tax metropolitan areas suffering multiple problems such as poor schools, deteriorating infrastructure, corruption and so on. At present Boise and other Idaho real estate is off the rails. I know, I know, I know, "The Villages is different." and it is. It will grow until the wave of retiring Baby Boomer ebbs. When members of the Baby Bust generation retire things will be different although I will not be around to see it.

[DaleDivine]

Originally Posted by graciegirl

Here is a beautiful home just listed;

Homefinder - The Villages(R) Homes and Villas for Sale

Yep Gracie, definitely under $3 mil. LOL

[DAVES]

Originally Posted by manaboutown

Well, it's not over until the Fat Lady sings as the saying goes. In the early 1990s I worked for a Japanese company and heard stories of how wealthy Japanese were chauffeured around Hawaii in limousines, stopping at peoples houses, and offering them exorbitant sums of cash on the spot for their properties. Of course we know how it eventually ended, badly. COLUMN ONE : Japanese Investors Say '''Aloha''' : Their Hawaiian real estate buying boom has gone bust. As they retreat, the shell-shocked state hopes to attract other Asian suitors and U.S. bargain hunters. - Los Angeles Times

The real estate boom is extensive, in part due to mass migration from crime ridden high tax metropolitan areas suffering multiple problems such as poor schools, deteriorating infrastructure, corruption and so on. At present Boise and other Idaho real estate is off the rails. I know, I know, I know, "The Villages is different." and it is. It will grow until the wave of retiring Baby Boomer ebbs. When members of the Baby Bust generation retire things will be different although I will not be around to see it.

We tend to think all countries, all people think the same. In the US due to tax policies. People buy real estate. People confuse their home with an investment. So many saying
about it. Some partly true. They are not making more land China is. Venice, huge parts of it are literally under water. Real estate only goes up-except when it doesn't.

Japan is islands. Land is so scarce that you have to win a lottery to be able to buy a burial plot.

Our national debt is for me incomprehensible. Japan's national debt as a percentage of their gross domestic product is higher than ours is. Or at least that was true. Not sure if it still is. Japan is mostly closed to immigration. Like the US their population is aging. Their young WORKING people are not having enough kids to keep the numbers stable.

We tend to think problems are exclusively ours. We seem to need to make all mistakes ourselves without simply seeing what other countries have an are doing and how it has worked.

We tend to demand perfect. Truth it does not exist.

[brick010207]

Originally Posted by DALEPQ

We are "Seasonal" having our resident home in T.V. but are in WI for the summer mo's.
Good friends of ours are now looking to do as we do, to buy a resident home in T.V.
They are familiar with T.V. and would like to find a home So. of 466, No. of 44.
I am trying to help them look, but we are still in WI till Dec.1st. They are hoping to find a
home $300K or less. But looking on T.V. and Zillow listings there looks to be less than
5 in those listings. My guess is that homes are selling in their price range, but Relators
have waiting lists, and that homes are selling before even getting listed.
Any comments on what is currently taking place with the home sales???

2BR2BA Oversize Marathon CY Villa for $269,900 but it's north of 466 in Quail Ridge in Briar Meadow North. Let me know if further interest. Can see with pictures on Zillow. Think address is 8878 SE 168th Sedgwick Place