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Housing Crash Hitting Villages

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Old 10-27-2023, 06:26 AM
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Default Housing price adjustments Villages
The Villages has dropped more new home prices this week in the poorly selling Village of Lake Denham. Check out 7026 Baysinger Path.

A definite warning for Villages retirement considerations.

If you are cinsbuying, the writing isn’t just on a YouTube wall. The rubber has met the road.
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Old 10-27-2023, 06:33 AM
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cinsbuying?
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Old 10-27-2023, 06:58 AM
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The Villages has dropped more new home prices this week in the poorly selling Village of Lake Denham. Check out 7026 Baysinger Path.

A definite warning for Villages retirement considerations.

If you are cinsbuying, the writing isn’t just on a YouTube wall. The rubber has met the road.
I was just out there yesterday, do people realize the bonds on these homes are in the low $40,000. I was told the bonds in Eastport will start at $51,000.
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Old 10-27-2023, 07:05 AM
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cinsbuying? ������
considering buying I believe.
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Old 10-27-2023, 07:06 AM
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I was just out there yesterday, do people realize the bonds on these homes are in the low $40,000. I was told the bonds in Eastport will start at $51,000.
That’s Sumter County too. The Fed has really placed the screws into the economy. I’m more or less researching. The bottom here should be about 9 more percent off the 4% drop?
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Old 10-27-2023, 07:20 AM
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The Villages has dropped more new home prices this week in the poorly selling Village of Lake Denham. Check out 7026 Baysinger Path.

A definite warning for Villages retirement considerations.

If you are cinsbuying, the writing isn’t just on a YouTube wall. The rubber has met the road.
Forgive the skepticism. But such stories appear to be more conjecture than fact. Cost of housing has ALWAYS been somewhat of a roller-coaster. A dip in the line does not constitute a "crash".
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Old 10-27-2023, 07:22 AM
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That’s Sumter County too. The Fed has really placed the screws into the economy. I’m more or less researching. The bottom here should be about 9 more percent off the 4% drop?
How does Sumter county affect bonds? Isn't that all on the developer?
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Old 10-27-2023, 07:30 AM
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I wondered what that NOISE was!
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Old 10-27-2023, 07:51 AM
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How does Sumter county affect bonds? Isn't that all on the developer?
Yes, infrastructure pricing is. Pricing depends on kickbacks etc also. It was a paradigm for some that the bond was all about Lake County and their hoops. It doesn’t hold true at all though if the development is in Sumter. Sorry for any ambiguity.
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Old 10-27-2023, 08:16 AM
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I believe Newell, Lake Denham, and Dabney are all in Lake County.
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Old 10-27-2023, 08:31 AM
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With the Villages now discounting many homes, I wonder where the bottom is before buying.
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Wow, there seems to be a surplus and glut of new houses. Finally the market is bottoming out?
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Quote:
Originally Posted by Normal View Post
The Villages has dropped more new home prices this week in the poorly selling Village of Lake Denham. Check out 7026 Baysinger Path.

A definite warning for Villages retirement considerations.

If you are cinsbuying, the writing isn’t just on a YouTube wall. The rubber has met the road.
There were many more threads you started, but the mods have closed them all.
You seem to have some hidden agenda. Your threads/posts have a common thought….its all the Developer’s fault. If you are not happy here, you have options.
Maybe read all your dire predictions and sell/leave BEFORE…..the crash!
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Old 10-27-2023, 08:55 AM
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It’s irrelevant if you are not selling now which is the majority. One house does not make a market. Time for me to update ignore list
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Old 10-27-2023, 09:04 AM
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Quote:
Originally Posted by Normal View Post
The Villages has dropped more new home prices this week in the poorly selling Village of Lake Denham. Check out 7026 Baysinger Path.

A definite warning for Villages retirement considerations.

If you are cinsbuying, the writing isn’t just on a YouTube wall. The rubber has met the road.
A 4% price cut has not been uncommon in spec houses built by the developer. When we start seeing 15-20% cuts, then we will be in the middle of a real estate “crash”. In any case, any dip in real estate prices is usually short term. Finally, most of us don’t see our homes simply as a financial investment but rather as an opportunity to participate in a great community.
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Old 10-27-2023, 09:08 AM
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I was just out there yesterday, do people realize the bonds on these homes are in the low $40,000. I was told the bonds in Eastport will start at $51,000.

Had anyone looked historically at the ratio of bond cost vs initial sell price of homes over time?
  #15  
Old 10-27-2023, 10:19 AM
Bogie Shooter Bogie Shooter is offline
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Yes, infrastructure pricing is. Pricing depends on kickbacks etc also. It was a paradigm for some that the bond was all about Lake County and their hoops. It doesn’t hold true at all though if the development is in Sumter. Sorry for any ambiguity.
What do you mean “kickbacks”? You have proof?
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Last edited by Bogie Shooter; 10-27-2023 at 11:29 AM.
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