[Randall55]

Originally Posted by DeweyBeach

Buyers have more time to kick tires these days however the longer they wait, the wave of retirees behind them begin to creep up on their heels.

Remember, The Villages is a landing pad with a wide funnel spilling retirees into it. I predict, as those tire kickers stack up, it's going to create another buying frenzy.

It isn't like when we were younger, when market conditions got bad, we'd put off moving for a few years. Retirees don't have "years" to postpone, we're literally on-the-clock.

There are different types of buyers in TV. For those purchasing a home here for the first time, what you stated may be true. Investors, Villagers who want to relocate, and snowbirds can take their time. There is also a possibility the majority of new retirees have no interest living in the Villages. I know many who believe it is a ridiculous way to spend the last years of your life. They would rather travel and spend time with their loved ones.

The press we receive outside of the Villages is hysterical. Radio DJs can't help but poke fun at us. I was recently in Chicago. Every morning, one DJ would read our news. DUI's, fist fights, brawls, drugs, and other shenanigans. Even I couldn't resist laughing.This could be causing newbies to stay away.

[Michael 61]

Originally Posted by Randall55

There are different types of buyers in TV. For those purchasing a home here for the first time, what you stated may be true. Investors, Villagers who want to relocate, and snowbirds can take their time. There is also a possibility the majority of new retirees have no interest living in the Villages. I know many who believe it is a ridiculous way to spend the last years of your life. They would rather travel and spend time with their loved ones.

The press we receive outside of the Villages is hysterical. Radio DJs can't help but poke fun at us. I was recently in Chicago. Every morning, one DJ would read our news. DUI's, fist fights, brawls, drugs, and other shenanigans. Even I couldn't resist laughing.This could be causing newbies to stay away.

If you’re referring to that sensationalist Villages “news” site, the majority of crime articles they post occur outside of the confines of The Villages proper, such as Summerfield, Lady Lake, wildwood apartments, Oxford, and the truck stop area of 44 and I-75. They have an agenda to attempt to paint as “negative’ picture as possible of life in The Villages.

[Randall55]

Originally Posted by Michael 61

If you’re referring to that sensationalist Villages “news” site, the majority of crime articles they post occur outside of the confines of The Villages proper, such as Summerfield, Lady Lake, wildwood apartments, Oxford, and the truck stop area of 44 and I-75. They have an agenda to attempt to paint as “negative’ picture as possible of life in The Villages.

Nope! The Chicago DJ was getting his information from arrest reports. He would then turn them into a joke. While I was there, he read about a guy who purposely ran over a car show attendant. The reason? They wouldn't let him show his Jaguar. You must admit, we have some CRAZY things happening here. Pretty darn funny when you consider our age. The DJ would accept callers. They would tell of their experiences while visiting. I have to admit, it was comical. I have heard other DJs doing the same. One in Tampa has an entire segment. I laugh EVERY TIME.

[RPDaly]

///

[golfing eagles]

Originally Posted by Normal

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.

Everyone should realize that for the last 30 years the developer has dropped prices to sell out the remaining homes in a "unit", not a whole "village", but a specific unit. I have no idea if the example given falls into that category or not, but this is hardly a "crash". In either case, extrapolating one home's price drop into a community wide "crash" is disingenuous at best.

[Bogie Shooter]

Originally Posted by golfing eagles

Everyone should realize that for the last 30 years the developer has dropped prices to sell out the remaining homes in a "unit", not a whole "village", but a specific unit. I have no idea if the example given falls into that category or not, but this is hardly a "crash". In either case, extrapolating one home's price drop into a community wide "crash" is disingenuous at best.

You are being too kind.

[mntlblok]

Originally Posted by Laker14

Stuff goes up, stuff goes down. As long as one doesn't have all of one's eggs in one basket, and one doesn't overextend themselves financially, these little blips in the housing market, or the stock market, should be inconsequential to the quality of life.

I'm getting older every day and I've seen this, and much worse, before.
Nothing to see here.

In general agreement with that, "but", no sign of the national debt getting under control - along with all those unfunded mandates. Mix that with all the obfuscatory craziness the Fed has pulled since the finance industry did their thing that led to 2008, the recent interest rates/inflation "interestingness", and this time "could" be different. Believe I've read that that high in 1929 didn't get breached until 1954, for example.

Also, anybody else on here follow Peter Zeihan's entertaining videos on YT? If only he could learn to pronounce "nuclear" and "molybdenum". :-) His take on coming geopolitical changes is "at least" something to seriously ponder. Would just make this a new thread if I could remember how to go about same. :-)

[golfing eagles]

Originally Posted by Bogie Shooter

You are being too kind.

Well, this IS TOTV. Posting in plain language how I really feel about the few anti-Villages, anti-developer, anti-American posters has its consequences.: censored:

[CoachKandSportsguy]

Originally Posted by Randall55

This is true for some but not all. I know many who own a home here and one out of state. It is difficult to buy a second home when interest rates are high. Plus, one can earn substantial interest if they invest the money instead of paying cash for a home.

seldom is anything true for all with respect to human behavior (economics) . . The range of outcomes is way larger that any bell shaped distribution curve can ever imagine

[mntlblok]

Originally Posted by CoachKandSportsguy

seldom is anything true for all with respect to human behavior (economics) . . The range of outcomes is way larger that any bell shaped distribution curve can ever imagine

Reckon those curve tails ultimately reach that x axis? 😄

[MrChip72]

Originally Posted by golfing eagles

Everyone should realize that for the last 30 years the developer has dropped prices to sell out the remaining homes in a "unit", not a whole "village", but a specific unit. I have no idea if the example given falls into that category or not, but this is hardly a "crash". In either case, extrapolating one home's price drop into a community wide "crash" is disingenuous at best.

I observed the same thing in my village DeLuna almost exactly a year ago for the small homes that they built a stones throw (literally) from the turnpike. Some seemed to be at rock bottom prices but they were a very small batch of homes and they seemed to finally sell out quickly at those prices to finish off the final few dozen new homes that were previously unsold in this village.

[Robnlaura]

Originally Posted by Normal

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.

Completely overpriced anyway. They control the prices and the location is terrible anyway..

[Robnlaura]

Originally Posted by Altavia

There do seem to be a lot of home on the market all over the Villages.

Wait until the 2500 a month renters have to start selling.. it’s coming

[Robnlaura]

Originally Posted by lawgolfer

Great thoughts!

Don't delay. Get your Arizona house sold, move here, and enjoy the good life. The Villages is unbelievable. Anyone who is not happy here will not be happy anywhere. There is no trash, graffiti, homeless camps or run-down houses. The fresh plants at the roundabouts and the landscaping of the major streets are amazing. You don't have to drive past 7-11's, tire shops, "head"shops, or porno parlors to go to the grocery store.

Every time I see a line of golf carts at one of the squares, I get a smile on my face. Every time I pull into one of the extra-wide parking spaces or the extra-long parallel street spaces, I chuckle at the thoughtfulness of the developer. I marvel at the foresight of the Morris family in recognizing the benefit of having continuity in the design of the infrastructure, the roundabouts, the street lighting, the community centers etc.

There are more organized clubs than you can count. You may not join a single one. However, if you want to associate with others who own a Chrysler convertible, they're here and they will welcome you. After you settle in, you'll find that your life style hasn't changed that much. If you do anything different, it will be something that you were interested in before you moved here. If you didn't make quilts when you lived in Peoria, I doubt you'll join the quilting club. If you were a golfer before, you'll play more golf here. If you weren't a golfer, you'll still wonder why so many fools spend most of their time doing so. The only new activity you may take up will be pickleball, which EVERYBODY seems to be playing (if you do, be sure to acquaint yourself with the doctors at the Orthopedic Institute on Hwy 441).

Give a lot of thought to where you buy a house. In the new areas in the south, you get a new house, new appliances, new landscaping, new community centers etc. Those are important. The downside is that you will not have an established numbers of services. At Spanish Springs and Lake Sumter, you will have doctors, dentists, barbers, drug stores, restaurants, supermarkets, etc all accessible by golf cart (at Lake Sumter, I drove my cart to my cataract surgery. My wife drove it to the imaging center for an MRI).

The downside in the older areas--we spent 50% of the price of our house on a complete remodel and spent, in total, more than the price for which we could have bought a new house in the south. Contractors for remodeling are very expensive and hard to get. The upside is that we got everything we wanted (and I'm three minutes by cart to a championship golf course).

The best advice when house-hunting is look at an overhead view (Zillow) before taking the time to drive to any house you are considering. If you see a street with a double-yellow line, look elsewhere, if you enjoy peace and quiet. If you are going to spend the money to live on a golf course, be certain that it is not in the line of fire of a stray shot, unless you like meeting new people walking in your yard and on your landscaping.


You'll love The Villages.

Looking at that Arizona border I would sell as quickly as possible and run to Florida..

[vintageogauge]

Originally Posted by MrChip72

I observed the same thing in my village DeLuna almost exactly a year ago for the small homes that they built a stones throw (literally) from the turnpike. Some seemed to be at rock bottom prices but they were a very small batch of homes and they seemed to finally sell out quickly at those prices to finish off the final few dozen new homes that were previously unsold in this village.

They did the same thing in Chitty Chatty to sell the remainder of homes that were not in desirable locations within the village.