[Dr Winston O Boogie jr]

Originally Posted by Stu from NYC

Together the buyer and the seller set the final price.

Actually, it's the seller that determines the final price. The buyer may make all of the offers that he or she wants but it's up to the seller to accept one of them. If the seller doesn't want to sell, there's nothing the buyer can do about it.

[raynan]

We're not seeing a slow-down in Pennecamp. In our neighborhood houses are selling in hours and at astronomical prices. The latest one was 2 weeks ago.

[Dr Winston O Boogie jr]

Originally Posted by FromDC

I just looked and agree with you......ONLY 10 NEW HOMES FOR SALE in The Villages?? Will someone ask a sales person ...is this a land rush? ....Do they have a shortage of building supplies? ...Why such a limited of supply of homes/villas? They are pushing dirt on both sides of turnpike and there are so many workers south of 44. Only 10??

We have been watching new home sales south of 44. The Villages usually releases 25-30 homes for sale at a time. Usually, there are three to four left within a day or two. Houses are selling faster than they can build them. I don't see the market slowing down at all.

[Bill14564]

Originally Posted by Dr Winston O Boogie jr

Actually, it's the seller that determines the final price. The buyer may make all of the offers that he or she wants but it's up to the seller to accept one of them. If the seller doesn't want to sell, there's nothing the buyer can do about it.

Are you implying that if the buyer doesn't want to buy there is still nothing the buyer can do about it and the seller can force the buyer to make a purchase he doesn't want to make? It seems like the buyer actually has some say in this too. The seller can ask for whatever he or she wants but it's up to the buyer to accept the price. Together, the buyer and the seller determine the price.

Yes, when buyers outnumber sellers then the sellers can pick and choose among buyers and can get more for the home they are trying to sell. But the scales are not always tipped that way and sometimes there are more sellers than buyers.

[Babubhat]

Realty Executives on YouTube give weekly summaries of listings and sales. No need to guess at the numbers

[ithos]

Originally Posted by Babubhat

Realty Executives on YouTube give weekly summaries of listings and sales. No need to guess at the numbers

Good summary. Can't tell what the houses are selling for on the The Villages website since they sell before they are posted. They show lots of pending but no price. I am curious what the typical PV goes for in Brownwood with standard features.

[Robnlaura]

Originally Posted by JMintzer

Can you show me the evidence that they are "withholding inventory"?

Seriously, I'm very interested in your source for this information...

Well simply I asked what about all those homes I just drove past .. “ we not releasing those yet was the answer !” Take a drive and look for yourself.. not rocket science

[vintageogauge]

Originally Posted by Robnlaura

Well simply I asked what about all those homes I just drove past .. “ we not releasing those yet was the answer !” Take a drive and look for yourself.. not rocket science

They have always released new builds in blocks once they are ready to be sold, at least in recent years. Those that you drove past and were told they are not released yet are most likely not quite ready.

[Normal]

They have an Aspen 1916 square feet for a steal of a price today at 638,906.

Homefinder - The Villages(R) Homes and Villas for Sale

What part of “cooling off” does that fall under?

[Normal]

They have an Aspen 1916 square feet for a steal of a price today at 638,906.

Homefinder - The Villages(R) Homes and Villas for Sale

What part of “cooling off” does that fall under?

[JMintzer]

Originally Posted by vintageogauge

They have always released new builds in blocks once they are ready to be sold, at least in recent years. Those that you drove past and were told they are not released yet are most likely not quite ready.

Yes. The simplest answer is usually the correct answer...

[JMintzer]

Originally Posted by Normal

They have an Aspen 1916 square feet for a steal of a price today at 638,906.

Homefinder - The Villages(R) Homes and Villas for Sale

What part of “cooling off” does that fall under?

Well, it does have a "view lot", "room for a pool", and a "three car garage", so there's that...


Signed,


Fellow Aspen owner

[Tripngirl]

Have to agree. Some homes don’t make it to the general public. We bought in McClure a resale Village property. Agent called and said I got this listing can u see tonight? After watching online and seeing either sold or pending we went and made offer—— honestly in this market you need more than one agent helping you.

[Normal]

Originally Posted by JMintzer

Well, it does have a "view lot", "room for a pool", and a "three car garage", so there's that...


Signed,


Fellow Aspen owner

The Aspen, is a beautiful home, one of my favorites! My point is, houses aren’t going down in price. And… I just looked at the link….PENDING
The market hasn’t cooled down. The home is selling/sold for 333.50 a square foot! What could that lot possibly be worth? On the high side 150K

[Timothyimitchell]

Originally Posted by Normal

I like the Aspen, we almost got one. My point is, houses aren’t going down in price. And another point, I just looked at the link….PENDING
The market hasn’t cooled down.

BUT,take a look at MLS and TV websites. Some of these homes they are just throwing a price on them hoping it sticks. Some are let's say not desirable, some are let's just call them over priced. Let's see what happens.