[JMintzer]

Originally Posted by Hiltongrizz11

Lol what a CROCK!!

Nobody upends their life and forks out big bucks for a store

Wow

Your sarcasm meter is broken...

[LateBoomer]

Originally Posted by joelfmi

Don't buy now any homes wright now their very over priced.

There are Wright homes in TV? where where?

[JMintzer]

Originally Posted by LateBoomer

There are Wright homes in TV? where where?

In the villages of Orville & Wilbur...

[Bilyclub]

Originally Posted by JMintzer

In the villages of Orville & Wilbur...

I'm thinking more along the line of Frank and Lloyd.

[MikeandAnn]

The 55 and older is stated by The Villages. They want you to think that it’s the only way to buy here. Well look it up. It is Florida’s law that you can not do that. You have to allow a certain percent of under 55. I don’t know the actual percent. So you can buy a house here at 40 years old and move right in. You don’t have to rent it out. That is law, and you can look that up. Don’t let The Villages hide that part from you.

[JMintzer]

Originally Posted by Bilyclub

I'm thinking more along the line of Frank and Lloyd.

[Laker14]

Originally Posted by JMintzer

I see you found a picture of my place. The view from the other side is Loblolly Executive Course.

[Toymeister]

Originally Posted by MikeandAnn

The 55 and older is stated by The Villages. They want you to think that it’s the only way to buy here. Well look it up. It is Florida’s law that you can not do that. You have to allow a certain percent of under 55. I don’t know the actual percent. So you can buy a house here at 40 years old and move right in. You don’t have to rent it out. That is law, and you can look that up. Don’t let The Villages hide that part from you.

I am not quite sure of your point, although your post has factual errors. The Fair Housing Act, a Federal Statute, guarantees any American can live anywhere without fear of being redlined from any community.

There are exceptions for age based communities, over 65 and a separate one for over 55 communites. To meet this standard 80% of one of the individual homeowners
must meet the afore mentioned age requirements. There is nothing unique about Florida nor is there anything devious about this. The Villages is not remotely close to approaching 20% of 54 and under owners.

[JMintzer]

Originally Posted by Laker14

I see you found a picture of my place. The view from the other side is Loblolly Executive Course.

[LoriAnn]

Originally Posted by mrrmauu

We have been coming down since 2016 and plan on retiring, buying and living full time in the very near future. I see that most or all homes appear to sell within hours of listing and the prices have skyrocketed with no end in sight. Who is buying all these properties??? Are these new retirees, are they snowbirds, or are they speculators looking to make a buck renting them out? Is this all a bubble or will this continue into 2022? A brand new home we looked at in 2017 was listed for $270,000 - that same exact home today is around $400,000. They used to discount some of the homes when they advertised them on WVLG, no more. Most homes they advertise are $500,000+. My home has also appreciated but not at TV rate.

No worries, things will change. I've seen this happen in The Villages before. People were panic buying homes sight unseen and paying more than asking price. Houses were flying off the market in hours! A subset of people were swearing it was NEVER going to end and The Villages was immune to normal real estate market corrections. The panic mongers were screaming that you better buy now or you will be priced out forever! You know what happened? It all changed! All of a sudden, there were 3-5% discounts on new construction. Re-sales were sitting on the market for months and sold for 10-15% below asking price. Hang in there. Things will change. Something will happen in the economy that will cause this market to cool and The Villages real estate will follow right along like it always does. I know it hard to wait and its easy to get caught up in the panic. Take some deep breaths, sit back and watch. It's coming....

[ithos]

Blackstone and other hedge funds have been gobbling up houses since the last downturn. With all the easy money they have accelerated their purchases during the pandemic.

So the previous home owners have much more to offer when they start looking in The Villages.

Here is one example:

Dezember recalls a three-bedroom, two-bath home in Spring Hill, Tennessee, that went on the market in April 2017. In the strong, fast-growing market, the seller had four bids on the house within hours.

“The high bid of $208,000 came from a couple with a child looking for their first house,” Dezember writes. “American Homes 4 Rent matched their offer, all cash.”

American Homes got the house, the seventh it had purchased on that street.

Corporations are buying houses — robbing families of American Dream

[manaboutown]

It is not just the Villages. Someone in Laguna Woods, CA, a 55 and over community, hardly got the door open yesterday for his first open house when he received an all cash offer well above his asking priced he had deemed inflated.

"$ per Sq Ft in Laguna Woods

$336/sqft
Median price per sqft for homes in Laguna Woods increased by 40.35% over the past 12 weeks."

From: Laguna Woods Housing Market: Laguna Woods Real Estate | ZeroDown

[vintageogauge]

Originally Posted by MikeandAnn

The 55 and older is stated by The Villages. They want you to think that it’s the only way to buy here. Well look it up. It is Florida’s law that you can not do that. You have to allow a certain percent of under 55. I don’t know the actual percent. So you can buy a house here at 40 years old and move right in. You don’t have to rent it out. That is law, and you can look that up. Don’t let The Villages hide that part from you.

As long as they don't have a child under 19 years of age.

[Babubhat]

Lumber futures have given up all gains for the year. Time for new home prices to reflect that soon

[Laker14]

863 Furman Loop, The Villages, FL 32162 | MLS# G5044245 | Trulia

this one will likely go fast, and for more than asking price. JMO...I'm not in the market.