[tjdmlhw]

Originally Posted by Robbb

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.

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.

[Bilyclub]

Originally Posted by La lamy

I guess you missed this post. Definitely not Canadian.

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

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

[Bilyclub]

Originally Posted by irishwonone

I was thinking the same thing. Great minds think alike!👍🏻

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

[Laker14]

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

[CoachKandSportsguy]

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.

[Bilyclub]

Originally Posted by CJH929

Check the Sumter County Tax Collector website. Follow the “owners:
Pan American links to
The Villages Land Co which links to
The Villages Developement Co.
Looks like it never left the ownership of the Developer.
Add a pool on a view site and that’s how the price went up.

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.

[Dorebea]

Originally Posted by Robbb

They mention the home cannot close until April 9th I believe.

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.

[Djean1981]

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

[Djean1981]

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

[Nick B]

Too late I believe the eye is lost.

[Worldseries27]

Originally Posted by djean1981

i don't hear the turnpike at all in the hawkins.

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

[Luggage]

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

[Rwirish]

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

[Normal]

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.

[G.R.I.T.S.]

Originally Posted by Laker14

I am surprised at how few homes are for sale between Lake Sumter Landing and Pinellas. That's a pretty highly sought after area, due to proximity to LSL, Brownwood, many executive and championship courses.
There just isn't much to be had there.

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