Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Inventory of preowned homes going up ? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/inventory-preowned-homes-going-up-332934/)

thelegges 06-17-2022 05:50 PM

Quote:

Originally Posted by Stu from NYC (Post 2107398)
Great way to push you into buying a new house. Did they give you any numbers to back this up?

Preowned site can be broken down to areas, and type of build. We have been actively looking for 18 months, and keeping stats.

Yes, there have been more homes in the northern section for sale, the prices have risen to a higher percentage keeping up with home prices south of 466. However, less have large garages, or golf cart garages, age comes in to play, but lots are sometimes bigger, and bonus is bond is close to paid off.

Stu from NYC 06-17-2022 06:14 PM

Quote:

Originally Posted by thelegges (Post 2107554)
Preowned site can be broken down to areas, and type of build. We have been actively looking for 18 months, and keeping stats.

Yes, there have been more homes in the northern section for sale, the prices have risen to a higher percentage keeping up with home prices south of 466. However, less have large garages, or golf cart garages, age comes in to play, but lots are sometimes bigger, and bonus is bond is close to paid off.

Good friends of ours have recently moved from north of 466A to about 4 miles south. Seems as if as you go south the lots become smaller and houses are closer together. Also it appears as you go south garages get deeper. We live N of 466A and wish our garage was a couple of feet deeper.

MX rider 06-18-2022 07:59 AM

Quote:

Originally Posted by Bilyclub (Post 2107303)
Yes, and your are way East of Buena Vista. :coolsmiley:

Quote:

Originally Posted by Boomer (Post 2107369)
I hope anyone who was getting geared up to go back home anyway, especially if they owned a house where they came from, made the decision to get while the gettin’ was good.

Sellers have been sitting in the catbird seat for well over a year. This real estate market has had a bigger emotional component than I have ever seen. Yes, money was cheap, but unlike the last bubble, lending practices have been tightened. This one has been an emotional frenzy.

Something else is going on in this one like never before. Big companies are buying up a slew of houses throughout the country, for cash. They are not just flippers. They are tapping into the rental market. First time buyers have been left out because of that bottomless pit of big company money, doing buy-ups. Rent can be exorbitant, making it much harder to save for a downpayment.

In some places, suburbs are building apartments like crazy, often coupling them with some kind of “Lifestyle” pitch. It’s like younger people are supposed to just give up and live in a rental forever.

What a mess this weird-azz real estate market is, was, and will be.

Enough ranting from me.


Boomer

You make some good points.

But I also think the Florida market, especially the over 55 communities, is driven mostly by the boomers. We're a huge generation, many are retiring and wanting to move to warmer climates.
That's not going to slow down anytime soon. Add to that more people than ever are retiring early.
I do think the market will cool of some due to interest rates, and it may be happening already. Plus, the stock market may delay some people making the move.

That said, I think the market here will be fairly strong for a while. Just not red hot like it's been. Home prices can't go up forever.

MX rider 06-18-2022 08:16 AM

Quote:

Originally Posted by JMintzer (Post 2107380)
Your agent is not all agents...

I simply shared our experience. Obviously some, maybe most, do push new as more than a few on here have said.
I'm not blaming them for promoting new to a point. They make more on those sales, so it's understandable why they try to sell those first.

I was just a bit frustrated that she didn't hear what we were saying. Our MLS agent was just the opposite.
A big key to being successful in sales is to listen to your customer.

I've been in sales for over 30 years, so I know a little bit about this.
We're not quite retired yet, only 10 more months.

vintageogauge 06-18-2022 10:14 AM

Quote:

Originally Posted by Stu from NYC (Post 2107559)
Good friends of ours have recently moved from north of 466A to about 4 miles south. Seems as if as you go south the lots become smaller and houses are closer together. Also it appears as you go south garages get deeper. We live N of 466A and wish our garage was a couple of feet deeper.

We have friends in Briar Meadows, you can't get much further north than that and the lots are so small you can talk to your neighbor from the lanai without raising your voice. We live south of 44 and our lots are much larger. We also have a friend in Caroline his lot is extremely small and he's on a cul-de-sac. So I guess there are small and larger in all the different villages and a lot of that depends on the series of home you have. Ranches and cottages have smaller lots than do designers.

Madelaine Amee 06-18-2022 12:14 PM

I have a house for sale in Summerhill backing onto 7th tee of Fox Run. PM me for details. I am not prepared to discuss any details on line.

Stu from NYC 06-18-2022 01:08 PM

Quote:

Originally Posted by vintageogauge (Post 2107788)
We have friends in Briar Meadows, you can't get much further north than that and the lots are so small you can talk to your neighbor from the lanai without raising your voice. We live south of 44 and our lots are much larger. We also have a friend in Caroline his lot is extremely small and he's on a cul-de-sac. So I guess there are small and larger in all the different villages and a lot of that depends on the series of home you have. Ranches and cottages have smaller lots than do designers.

As we drive south on Morse the houses seem very close together same as we approach Fenney.

Bogie Shooter 06-18-2022 01:12 PM

Quote:

Originally Posted by Stu from NYC (Post 2107832)
As we drive south on Morse the houses seem very close together same as we approach Fenney.

We need some accurate measurements.:a040:

KAM+6 06-18-2022 01:28 PM

Quote:

Originally Posted by MX rider (Post 2107751)
I simply shared our experience. Obviously some, maybe most, do push new as more than a few on here have said.
I'm not blaming them for promoting new to a point. They make more on those sales, so it's understandable why they try to sell those first.

I was just a bit frustrated that she didn't hear what we were saying. Our MLS agent was just the opposite.
A big key to being successful in sales is to listen to your customer.

I've been in sales for over 30 years, so I know a little bit about this.
We're not quite retired yet, only 10 more months.

Your MLS agent cannot sell new homes only resales listed with MLS, not VLS.

vintageogauge 06-18-2022 02:06 PM

Quote:

Originally Posted by Madelaine Amee (Post 2107823)
I have a house for sale in Summerhill backing onto 7th tee of Fox Run. PM me for details. I am not prepared to discuss any details on line.

I started to sell our investment home down here by myself, that lasted about 1 day as it is a PITA, everyone thinks it's going to be a steal because no agent involved. I listed it with an agent the next day and ended up clearing more out of it then I would have on my own. Mark it up 7% or so and let them do the work, they have customers waiting. I would recommend Beth Pope of The Villages Homes. Beth, her husband and daughter all are Villages sales professionals and they work together as a team. You get 3 for the price of 1.

Madelaine Amee 06-18-2022 02:20 PM

Quote:

Originally Posted by vintageogauge (Post 2107847)
I started to sell our investment home down here by myself, that lasted about 1 day as it is a PITA, everyone thinks it's going to be a steal because no agent involved. I listed it with an agent the next day and ended up clearing more out of it then I would have on my own. Mark it up 7% or so and let them do the work, they have customers waiting. I would recommend Beth Pope of The Villages Homes. Beth, her husband and daughter all are Villages sales professionals and they work together as a team. You get 3 for the price of 1.

My home is with a Village Agent. It is, however, tucked away in a corner and gets little traffic. Also the ridiculously small signs allowed to sell a home in TV is not helping. I have to get my husband back to family. I hate to do it, but I might have to walk away and leave the agent to sell it in my absence.

Stu from NYC 06-18-2022 03:06 PM

Quote:

Originally Posted by Bogie Shooter (Post 2107835)
We need some accurate measurements.:a040:

Sad you can not give more interesting comments to my posts.

manaboutown 06-18-2022 03:38 PM

Quote:

Originally Posted by Madelaine Amee (Post 2107848)
My home is with a Village Agent. It is, however, tucked away in a corner and gets little traffic. Also the ridiculously small signs allowed to sell a home in TV is not helping. I have to get my husband back to family. I hate to do it, but I might have to walk away and leave the agent to sell it in my absence.

A few years ago, before the housing bubble, a Villager of my acquaintance listed her house for sale with a Villages agent as she was purchasing another home in The Villages. To say she was disappointed with its lack of being shown is a grievous understatement. It was very difficult for her to carry two house for several months. According to her The Villages put next to no effort to market her home. She pleaded with them to try to show it but to little avail. The listing finally expired and she listed it with an MLS Realtor who did sell her home in a short period of time.

JMintzer 06-18-2022 09:26 PM

Quote:

Originally Posted by MX rider (Post 2107751)
I simply shared our experience. Obviously some, maybe most, do push new as more than a few on here have said.
I'm not blaming them for promoting new to a point. They make more on those sales, so it's understandable why they try to sell those first.

I was just a bit frustrated that she didn't hear what we were saying. Our MLS agent was just the opposite.
A big key to being successful in sales is to listen to your customer.

I've been in sales for over 30 years, so I know a little bit about this.
We're not quite retired yet, only 10 more months.

I have no doubt YOUR agent was a problem...

I only commented on your post that "they" most certainly do push new homes. They is not the same as "my" agent...

JMintzer 06-18-2022 09:32 PM

Quote:

Originally Posted by vintageogauge (Post 2107788)
We have friends in Briar Meadows, you can't get much further north than that and the lots are so small you can talk to your neighbor from the lanai without raising your voice. We live south of 44 and our lots are much larger. We also have a friend in Caroline his lot is extremely small and he's on a cul-de-sac. So I guess there are small and larger in all the different villages and a lot of that depends on the series of home you have. Ranches and cottages have smaller lots than do designers.

South of 44, they moved the homes forward on the lots to give a bigger back yard. It was what people were now asking for...

Unfortunately, that caused the front yard to be significantly smaller, allowing only one car length in the driveway...

Both areas tend to have larger lots on cul-de-sacs, or when backing to view lots or major roadways... From what I saw, when I was shopping, there was little difference between the average lot size "between the 6's" and South of 44...


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