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Homes selling like hot cakes

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Old 07-09-2021, 12:47 PM
Garywt Garywt is offline
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I had not looked for awhile but 95% of the Villas online are sale pending so they are going fast. There were a few for sales in the low $200’s but those use to be about $180. I know where we live in Mass, people are offering $50-100K over asking price to buy and some are being out bid. People put their house on the market Friday, have an open house weekend with bids due Monday and it is sold. The slowdown now is instead of 20-30 bids people are only seeing 10-15 bids.
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Old 07-09-2021, 02:12 PM
patfla06 patfla06 is offline
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Quote:
Originally Posted by davem4616 View Post
I overheard a guy the other night down at Brownwood say that the biggest factor driving the prices upward in TV and homes selling so quickly now is that Costco has applied for a building permit in Wildwood
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Old 07-09-2021, 02:21 PM
manaboutown manaboutown is offline
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Many Baby Boomers are taking early retirement and fleeing poorly run, crime ridden, high tax, expensive big cities. Some may be able to and wish to work remotely full or part time. The Villages is a prime destination for them.
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  #19  
Old 07-09-2021, 07:30 PM
Laker14 Laker14 is offline
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I don't really see why anyone would want to live in a place where you can drive a golf cart to your choice of a dozen different swimming pools, Pickleball courts, golf courses, or have to endure free music outdoors every night from a choice of three different locations.
Not to mention being surrounded by well kept houses, and yards and gardens that make you think you live in a park. What with neighbors constantly stopping to visit you as you walk down your driveway, and inviting you to play cards all the time, what is one to do?
And the weather from October to May....my cross country skis have hardly been used.

I don't see this Villages thing lasting.
  #20  
Old 07-09-2021, 08:29 PM
Becca9800 Becca9800 is offline
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Quote:
Originally Posted by Laker14 View Post
I don't really see why anyone would want to live in a place where you can drive a golf cart to your choice of a dozen different swimming pools, Pickleball courts, golf courses, or have to endure free music outdoors every night from a choice of three different locations.
Not to mention being surrounded by well kept houses, and yards and gardens that make you think you live in a park. What with neighbors constantly stopping to visit you as you walk down your driveway, and inviting you to play cards all the time, what is one to do?
And the weather from October to May....my cross country skis have hardly been used.

I don't see this Villages thing lasting.
You should really be a TV Ambassador, so well spoken!
  #21  
Old 07-09-2021, 09:39 PM
Woodbear Woodbear is offline
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Originally Posted by manaboutown View Post
Many Baby Boomers are taking early retirement and fleeing poorly run, crime ridden, high tax, expensive big cities. Some may be able to and wish to work remotely full or part time. The Villages is a prime destination for them.
This speaks to my situation for the most part. I will continue to work, but thank goodness I can be remote. I hope my boss/customers do not bother me much while I am golfing mid-week.

Truthfully we did not know much about The Villages till our daughter took a job nearby. Our visit in May convinced the Mrs that TV is the place she wants to call home.

Given the current build schedule we will not be in TV till 2022. Our family is so excited to put NY in the rear view mirror.
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Old 07-09-2021, 09:47 PM
Calisport Calisport is offline
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I just bought a home in May. I see the same type of home in a less desirable toll road close lot is selling for $26,000 more 1 month later.
  #23  
Old 07-10-2021, 01:06 AM
Garywt Garywt is offline
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Quote:
Originally Posted by Laker14 View Post
I don't really see why anyone would want to live in a place where you can drive a golf cart to your choice of a dozen different swimming pools, Pickleball courts, golf courses, or have to endure free music outdoors every night from a choice of three different locations.
Not to mention being surrounded by well kept houses, and yards and gardens that make you think you live in a park. What with neighbors constantly stopping to visit you as you walk down your driveway, and inviting you to play cards all the time, what is one to do?
And the weather from October to May....my cross country skis have hardly been used.

I don't see this Villages thing lasting.
More like 8 dozen swimming pools. But the rest of it…
  #24  
Old 07-10-2021, 04:59 AM
Rwirish Rwirish is offline
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No end in site. Prices continue to skyrocket.
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Old 07-10-2021, 05:13 AM
Comptoncb Comptoncb is offline
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He is right! The bubble won’t burst in TV. I retired in Dec, 2020 and bought in TV in feb. didn’t settle until May and house went up over 100k in value.
  #26  
Old 07-10-2021, 05:39 AM
J1ceasar J1ceasar is offline
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My father bought his first home in the '60s for 36,000. I sure wish he had bought one for each of his children at the same time. The reality is prices go up and prices go down and you can't time the market exactly what they say about the stocks. My guess is that in the next one to five years we'll see a correction of 20 to 30%.. but however if you have bought tomorrow you will have lived here for 5 years and enjoyed your life here. I want to tell you very simply that there are plenty of other communities besides the villages that are very nice. If you look at a map of Leesburg, you will find at least four with real homes that have been built out of masonry and plaster. Pennbrooke Fairways. There are homes in here if you can find them right now from $150 to 275,000, 1200 units two golf courses two pools. There is Arlington ridge down the road on 27 also about 1,200 homes same price range. There is the plantation on route 27 right off the turnpike on the other side of Leesburg which is 20 minutes closer to the airport which has homes from $200 to 400,000 and is a much larger community of 3,000 homes. There were at least two others on either side of the plantation as well. Remember most of the facilities like the town squares are open to anybody, the movies the shopping it's all available the only thing you can't do is play for free at The villages if you don't live here for golf. There are plenty of other beautiful communities with thousands of very nice people living beautiful lives much cheaper. Not only that but you can live in a beautiful double wide or single for under $50,000 in several other communities with pools and golf courses. Again if you have the money don't worry about it. If you don't have the money there are plenty of other places to enjoy your retirement
  #27  
Old 07-10-2021, 05:43 AM
Tjjohnsonnotaryservices Tjjohnsonnotaryservices is offline
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Default Homes selling like hot cakes

There is a fantastic 6 bedroom 5 bathroom home, new roof, new water heater, freshly painted, new appliances in Fruitland Park, Fl , golf cart community- The Glen.
Cost $429,500. 34731 Real Estate - 34731 Homes For Sale | Zillow

Last edited by Tjjohnsonnotaryservices; 07-10-2021 at 07:42 AM. Reason: Addition
  #28  
Old 07-10-2021, 05:48 AM
Mac1996 Mac1996 is offline
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Guess what, I call this inflation don’t forget what will happen next taxes will go up up up!
  #29  
Old 07-10-2021, 05:56 AM
Laker14 Laker14 is offline
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Quote:
Originally Posted by J1ceasar View Post
My father bought his first home in the '60s for 36,000. I sure wish he had bought one for each of his children at the same time. The reality is prices go up and prices go down and you can't time the market exactly what they say about the stocks. My guess is that in the next one to five years we'll see a correction of 20 to 30%.. but however if you have bought tomorrow you will have lived here for 5 years and enjoyed your life here. I want to tell you very simply that there are plenty of other communities besides the villages that are very nice. If you look at a map of Leesburg, you will find at least four with real homes that have been built out of masonry and plaster. Pennbrooke Fairways. There are homes in here if you can find them right now from $150 to 275,000, 1200 units two golf courses two pools. There is Arlington ridge down the road on 27 also about 1,200 homes same price range. There is the plantation on route 27 right off the turnpike on the other side of Leesburg which is 20 minutes closer to the airport which has homes from $200 to 400,000 and is a much larger community of 3,000 homes. There were at least two others on either side of the plantation as well. Remember most of the facilities like the town squares are open to anybody, the movies the shopping it's all available the only thing you can't do is play for free at The villages if you don't live here for golf. There are plenty of other beautiful communities with thousands of very nice people living beautiful lives much cheaper. Not only that but you can live in a beautiful double wide or single for under $50,000 in several other communities with pools and golf courses. Again if you have the money don't worry about it. If you don't have the money there are plenty of other places to enjoy your retirement
I remember watching my dad pay bills and he had this coupon book for the house mortgage. Like your dad's, bought in the early 60s, around 36,000, and I asked him about the coupon book. I was 6 or 7 years old. He told me that by the time he paid off all of those coupons, I'd be a dad, with kids, and a coupon book of my own to pay off. I remember that, 60+ years later. I don't have a coupon book, but I do have the mortgage(s)...Also I remember many years later reminding him of that conversation and he told me that his tax payments had grown higher than his mortgage.
  #30  
Old 07-10-2021, 06:07 AM
Altavia Altavia is offline
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Sumter County will have a huge unplanned increase in tax revenue without raising taxes.
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