Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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#1
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I don't mean to beat a dead horse, but are these prices of used homes for real.
I am looking for a home in the Villages but am getting very discouraged over the very recent increase in prices, are these for real?. I looked at a home this morning that sold for 345K in April, today it listed at 700K, this is insanity. I can't believe people are really buying this stuff.
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__________________
The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
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$345 to $700 in under a year???
I wonder if it is the exact same house that said, it certainly appears to be a sellers market |
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#7
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5746 Landon Ave, sold April 2021 346K listed at 697,500 now, they may have added a pool, but still a 101% increase in 9 months. The crazy thing about it is, that it will probably sell in 15 minutes.
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#8
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Yes as long as one does not have to buy another property as the advantage will be absorbed by the escalated price of the new property!!
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#9
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Owner's Name PAN AMERICAN PROPERTIES INC Site Address 5746 LANDON AVE, THE VILLAGES, FL 32163 Mail Address 17 UNION RD RTE 221, C1E 3B2, FC The Villages is also the lister. Looks like some sort of flipping? Last edited by Bilyclub; 01-27-2022 at 10:06 AM. |
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#11
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They mention the home cannot close until April 9th I believe.
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#12
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Ok I get it now, foreign buyers buying up property as investments, then flipping them in a year. I, naively didn't realize that was happening there. Buy it, rent it out for a season then flip it.
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#13
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Yeah, just read the flyer. Looks like the pool was added too. No birdcage over the pool.
The Villages - POH Flyer |
#14
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House prices are insane. I guess if you sell your place up north for a crazy price, you are willing to buy here for a crazy price. Lots of factors driving the prices higher such as companies such as Zillow buying homes. I've read they recently stopped. Prices will fall. It's just a matter of when.
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"I am a great believer in luck, and I find that the harder I work, the more I have of it." -Thomas Jefferson |
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If these #'s are correct, I suspect that previous buyer had many upgrades including a swimming pool. Our neighbors did the same thing.
Suspect that the amount of potential buyers is dwindling. This should calm the market down |
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