[CPD050]

I noticed his graphs did not show year and over year. Maybe July to now. It would be interesting to see if the slow down in winter months happens every year like it does in the northern parts of the US.

[Worldseries27]

Why richmond over deluna?

[JoelJohnson]

10,000 people turn 65 every day and will for many years to come. Where do they want to live?

[dewilson58]

Originally Posted by Laker14

But, what I am really interested in is why someone

Elaboration for you.

1) VLS includes new homes which are selling in hours, not days.

2) VLS used homes are selling approximately twice as fast as MLS.
(why you ask, more buyers go directly to The Villages)

[Hendrick22]

I’m wondering the same thing..what’s the draw to Richmond??

[Kingsport]

One of the folks involved in the Richmond lottery said that Richmond is desirable because it is close to Brownwood. They have failed several times to get a home in Richmond.

[Papa_lecki]

Originally Posted by Hendrick22

I’m wondering the same thing..what’s the draw to Richmond??

Richmond is the 3 rules of real estate
1) location
2) location
3) location

Close to brownwood - the squares are still a draw.
Close to the brownwood bridge and golf courses north of 44.

[NoMo50]

Originally Posted by Rainger99

Does anyone know if Newell is in the unincorporated part of Lake County or is it part of a town? How do Lake County taxes compare to Sumter County taxes? Unincorporated areas and those areas that are parts of a town such as Wildwood or Leesburg.

Newell is in Lake County, and also within the city limits of Leesburg.

[Nucky]

As a side note to new people moving into The Village’s from other locations in Florida. Check out Real Estate Property Tax Portability. I don’t have a full handle on it yet but it seems very interesting and appears to save you Money! I like that.
I got an email saying that two new neighborhoods are opening up beyond Richmond soon. Looks good! Happy Hunting.

[GmaLisaG]

I don't really have a dog in the fight but personally I'd much rather live in Deluna than Richmond. So to each their own ... plus I agree if someone wants to live here they will live here if they can.

[joelfmi]

As you stated location! Location! And cdd bonds which make the homes very expensive to keep up, and not on close to the turnpipe.

[Carla B]

Originally Posted by joelfmi

As you stated location! Location! And cdd bonds which make the homes very expensive to keep up, and not on close to the turnpipe.

Huh?

[Carla B]

A rather unscientific view of the market: My husband looks at the VLS listing of preowned houses in the paper. daily. For the past few months there are approximately 48+/- listings each day; usually there is only one "pending", if any.

Last year during the boom, however, there were often more preowned houses pending under contract than not pending. So, yes, there is a real slowdown. And the preowned prices seem unreasonably high, especially for patio villas.

[Birdrm]

Originally Posted by eweissenbach

The graphs are only resale homes sold through the MLS. New homes are a different animal.

True but if new homes continue to sell then that might drive the resale prices down slightly but they will continue to sell. If the new homes sales ever stagnate then I could see a problem with resales but I don't think this will occur unless interest rates hit 15% lol.

[Laker14]

Originally Posted by dewilson58

Elaboration for you.

1) VLS includes new homes which are selling in hours, not days.

2) VLS used homes are selling approximately twice as fast as MLS.
(why you ask, more buyers go directly to The Villages)

I wouldn't argue with your first point. They have the market cornered on new construction. I'm not sure that new homes are selling as fast, and for as much as they were during the fevered pitch days before the interest rates started to climb. Perhaps they are. I don't know.

As far as the 2nd point, again, while that may be true, we never get any information from that site as to what the final sale price was. We get asking price, and then once the sale is pending, there is no more information to be had, unlike the MLS listings for which, upon closing, the sales price becomes readily available on the internet via sites like Zillow and Trulia.

I have a friend who flips houses in TV, after renovating them, and he uses VLS as his sales broker. He assures me things have slowed down significantly even using VLS. He currently has at least one home on the market now, and has dropped the price at least once.
Another thing missing from the VLS site is "days on the market". They don't like that information to be out there, so it's really hard to know if your point about them "selling twice as fast" is accurate.