House Sold
 

You are correct - the prices are going crazy UP -- same thing in Michigan where we came from! Behind LSL are the Lakeside Cottages -- one year ago one sold (on the lake) for $1.3M - it never made the paper! It just sold for $1.55M after one year and this also did not make the sales floor!!! Good luck in your search.

according to this it sold for $324,319. 5746 Landon Ave, The Villages, FL 32163 | Zillow

And then we had the bubble BURST and home prices dropped drastically. Wouldn't suggest that people buy in this market as an investment to flip with the previous market that happened....

People, People, People............

Go back into history and see what happened to home prices in The Village in 2007/2008/2009. Get the facts.

The Villages home values did not fall even 50% of the national averages. It was closer to 25% of the national hit. NOT 25% value hit, 25% of the national hit.

Breath people, Breath.

:ho:

Then it must be location, location, location!:shocked:

One can obtain a graph of prices over the years in 32162 from this site. 32162 Home Prices & Home Values | Zillow

Also: All-Transactions House Price Index for the Villages, FL (MSA) (ATNHPIUS45540Q) | FRED | St. Louis Fed

No home in TV is sold lot only. When you put money on a lot you have x amount of days to start build. House price does not show on property info until it is completed

Another young person coming......welcome.

Google shows mail address for a construction company in Braxton, P. E. I. Is Prince Edward Island part of Canada?
😯

Zillow shows 94 homes under $600K listed in the Villages and the majority of them look better than the $700K one you are talking about. What's more some of those homes have been on the market for a month or longer and have started dropping their prices.

I posted that so, I didn't miss it. Since when is Prince Edward Island not in Canada ?

Great minds that took a shot at me and were totally wrong. Looks like Canada to me. Surrender your Mensa membership.

First time in my life I ever bought BEFORE the bubble.

Yes there has been accelerated retirement home buying in TV. But look at how the developer develops and sells properties here. The latest village opened up for sale, ST John's I think, the lots/villas all sold in less than a week or so. So if you have been thinking about buying down here, and you haven't come down, met the TV sales staff, have a TV sales contact, you probably aren't going to buy a new lot when they get released.

So now you are looking for what's advertised, and flippers and 1 year owners, etc, are trying to make a mint while they can, so they ask very high prices, and if anyone bites, then everyone is happy. There are a variety of price sensitive and price insensitive buyers. . .

Also, understand that the number of corporate retirees across the country skyrocketed in the pandemic, and they have plenty of money, to move. So the interest and money is vast across the country, realize that they might focus here. . so whomever said, I have never purchased before the boom, we are lucky, nothing special, just lucky. . . And also better lucky than good. . . because I am not good, just lucky. . .

However, asking price and final sales might be entirely different. . . make sure you know how much you can afford and then spend the time looking there. And there will be people who will have missed their opportunity, because they weren't ready or couldn't make the decision fast enough, or are a dreamer beyond their means, and that is just life. . . or they can be very , very patient, rent down here, and seriously look and be ready to make an offer that day. . But if you are paralyzed by analysis, you might just never get a satisfactory opportunity.

No, Pan American Properties bought a house at 645 MINCEY LOOP, THE VILLAGES, FL 32163 in August of 2021 from the Properties of The Villages. There is no link to the developer other than Pan American Properties bought two houses from the developer.

Yep, looks like it sold on April 8, 2021 so exactly a year!

I’ll bet they added the pool. Beautiful view but not much else to say about the house. And…. right next to the rec center noise.

Pool or not, i would not pay that much for that house.

I don't hear the turnpike at all in the Hawkins.

True. Out of curiosity, I checked out homes outside of The Villages. They are almost as expensive. However they have much larger lots.

Too late I believe the eye is lost.

nor i in st catherine's.
This is how the stampede starts

If someone doesn't like another person's opinion that doesn't mean they have to read it. Life is not perfect in The villages and it's quite obvious from all the complaints

No the prices are not real. They are just made up.

No Bubble
 

There isn’t really a bubble. Inflation has hit everything hard, but the housing market should slow down to a little less than 10 percent this year. Interest rates will go up and price some buyers out. If you are looking for some kind of bubble “pop” don’t hold your breath. The banks and markets loans are a lot more secure this time around.

I know. We live there. Jasmine just went on the market yesterday. Villages listing. Won’t last.

Jasmine on Blythewood Loop listed yesterday.

Yes, success sucks…UNLESS it’s you.🙄

Is the profit taxable?

If the car was used for business and depreciated for tax purposes.

:)

Is to.
Is not.
Is to.
Is not.
Is to.
Is not.
Is to.
Is not.
Is to.
Is not.
Is to.
Is not.

:ohdear::ohdear:

Yes Mr Wilson, or is it Wilson W Wilson Jr. or Wilson the volleyball ? I'm going with the volleyball.

Have you been south of 44 in the last 2 years? Buyers aren’t dwindling. TV had a banner sales year last year and if you see the opening days of new villages, 80% of the homes are already sold before the village opens. Until the migration from NY, NJ, California, and other states stops coming to Florida, we will keep seeing these prices increase.

Wait for the bubble to burst and you should see better prices. Can't promise that, but this inflation can't last more than three more years. Then, EVERYTHING should get back to normal. Maybe then home prices will drop back to reasonable prices. But, as long as there are those that will pay the price.......... Hopefully, this time folks will be more responsible and not walk away from their obligations once this bubble bursts and mortgages are under water again.

Sure is.... I had it in a company name, so I'll be taxed on the profit and depreciation. I'm the money will be put to good use?

Housing still less than the Coasts. Lesser taxation, more freedom, better weather. Pretty simple equation

There’s a saying, If you don’t like where you are, move. You’re not a tree!

Ohiobuckeye
 

If you don’t like it where you are, move, you’re not a tree!

So, what's your point? We can all see prices are rising.

I feel bad for the current buyers. The homes are very overpriced
because of current circumstances. Most are nice but standard/modest homes on a micro lot in very dense neighborhoods with very narrow streets. Many, bought here because of the lifestyle, not specifically, the house (our cottage house is very nice, but we paid far less for it 15 months ago). Prices are high because of current supply shortages, many people flocking to Florida, etc. If/when the prices fall, some may be very upsidedown on their mortgage. But, maybe a lot of people are paying cash..?

Just don't forget with the pandemic everything has changed. There are many who can now work from home and instead of living in the expensive NE or cold areas of the country they can live here in Florida. I don't expect demand and pricing to decrease anytime soon but i do expect a leveling off at some point.