[golfing eagles]

Originally Posted by Robnlaura

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

How do renters sell?????

[Bogie Shooter]

Originally Posted by Robnlaura

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

One bashers opinion……disregard!

[BrianL99]

The National Association of Realtors Chief Economist:

Rick Freeman on LinkedIn: Some interesting information from the National Association of Realtors…

[golfing eagles]

Originally Posted by BrianL99

The National Association of Realtors Chief Economist:

Rick Freeman on LinkedIn: Some interesting information from the National Association of Realtors…

Thanks for some facts. Don't we all just hate a "housing crash" that results in a 60% increase in home values???

[Randall55]

Originally Posted by margaretmattson

While looking at new homes, we received a list of 55 homes discounted in the range of $10,000-$50,000. The realtor told us he believes there will be more.

I went to Denham/Dabney yesterday. I received a list of 73 discounted homes and was told there may be more. Going from house to house, I noticed the newer built homes (Dabney) had a reduced price than in previous villages. There is plenty of inventory sitting. It seems the market is adjusting downward.

[golfing eagles]

Originally Posted by Randall55

I went to Denham/Dabney yesterday. I received a list of 73 discounted homes and was told there may be more. Going from house to house, I noticed the newer built homes (Dabney) had a reduced price than in previous villages. There is plenty of inventory sitting. It seems the market is adjusting downward.

I guess you didn't see post #168

[Randall55]

Originally Posted by golfing eagles

I guess you didn't see post #168

I read it. Some posters believe it is not happening here. I thought it was best to investigate on my own.

[Bill14564]

Originally Posted by golfing eagles

I guess you didn't see post #168

Or the sellers who reduced the sales price didn't.

Or the prices were set unrealistically high and the reductions bring them closer to the national average.

Or, the national data is an average and the data for individual areas will vary both above and below that average.

Too many variables, possibly including overly optimistic statistics.

[Normal]

Originally Posted by Randall55

There are still a few homes in Newell, many in Lake Denham, Dabney is sitting empty, the Enclave has 60% of lots available, and Moultrie Creek lots are sitting. This IS NOT leftovers in a new village. FIVE areas/villages of new construction are sitting stagnant.

Yes, all you state on this subject is true. Some believe the verb/adverb “Crash” happens all in one day. But then, not everyone understands economics. It will take time to be able define from initial drops to the eventual lowest drops next summer. We even hold off on terms like “recession “ till after two quarterly reports. Everyone though understand the market is dropping and none believe we are close to a bottom.

[Randall55]

Originally Posted by Bill14564

Or the sellers who reduced the sales price didn't.

Or the prices were set unrealistically high and the reductions bring them closer to the national average.

Or, the national data is an average and the data for individual areas will vary both above and below that average.

Too many variables, possibly including overly optimistic statistics.

My wife and I sold our large home in Hawkins and we are now renting a CYV. We are looking to buy in the next few months. Yes, a national average does not reflect what is happening in every city or town. This is why I chose to investigate on my own. The prices of new homes are coming down in the Villages. Is it the location? Who knows? Moultrie Creek lots (Eastport area) are sitting, as well. We looked at some preowned homes and those prices seem to be holding or are going up.

[Dond1959]

The Villages has always been able to build where they wanted and people still bought. That may be changing with Dabney and Moultrie Creek. To my simple mind it would of made more sense to build just south of Monarch Grove first, those would have sold quickly and then move south. Instead they went way south with Dabney and Moultrie Creek without Eastport being open. They do have the last section of Richmond to complete that will move fast.

[BrianL99]

Originally Posted by golfing eagles

Thanks for some facts. Don't we all just hate a "housing crash" that results in a 60% increase in home values???

Like lipping out an Eagle Putt and having to settle for Birdie.

[Altavia]

Homes are still being sold. The cluster of green dots on the map is moving south.

Was in Everglades this morning and the new residents board in the sales center was almost full.

Was similar the first week of November.

[Altavia]

Originally Posted by Dond1959

The Villages has always been able to build where they wanted and people still bought. That may be changing with Dabney and Moultrie Creek. To my simple mind it would of made more sense to build just south of Monarch Grove first, those would have sold quickly and then move south. Instead they went way south with Dabney and Moultrie Creek without Eastport being open. They do have the last section of Richmond to complete that will move fast.

Starting construction at the southern area and and moving north is more or less what they did with Richmond.

The area between Monarch Grove and Eastport will be in high demand with Eastport and all the new golf courses.

[BrianL99]

Originally Posted by Altavia

Starting construction at the southern area and and moving north is more or less what they did with Richmond.

The area between Monarch Grove and Eastport will be in high demand with Eastport and all the new golf courses.

A couple of more golf courses like Southern Oaks and folks will forget TV was designed as a "golf community".

The farther south you get from Lopez or Glenview, the worse the courses are. I suspect the next round of "championship" courses will be virtual.