[Marathon Man]

Of course there is a drop in interest. Anyone who is not 100% serious about purchasing a new home is not going to run around with a salesman going through other people's houses.

Sales - is there a significant drop in sales?

[ficoguy]

The developer does a reverse auction - he tells the builder what kind of home is to be built on what lot - then 3 builders submit their quote - so they build it say for $ 125,000 and the developer puts it in inventory for $ 225,000, discounts it to $ 216,208 - and you get a bargain!

[karostay]

Just ride around look at for sale signs..Noticed a some new ones past few days

[LiverpoolWalrus]

The Villages is unique in so many ways including its real estate market. We do not mirror the rest of the country. As long as the stock market’s decline is not sustained, we’ll be fine. Ten thousand people per day turn 65 in our country. Per day! And many of them have adequately prepared for retirement... in Florida.

This fact, combined with our unbeatable lifestyle and historically low interest rates is probably why the developer hasn’t slowed down.

Sure sales will slow if buyers can’t get in to see houses, but that’s a temporary blip.

Can we get a local non-Villages realtor to weigh in?

[retiredguy123]

I don't think The Villages is as unique as some people think. Retirement communities are being built all over Florida and the rest of the country. And, real estate agents may not be a good source of information to provide an honest assessment of the current and future state of the real estate industry. They are extremely biased. They seem to always put an unrealistic positive slant on the market, because their livelihood depends on selling houses.

[dewilson58]

Talked to my hairdresser, she said there has not been a significant drop.

[vintageogauge]

On April 30th 14 MLS listed homes were placed under contract within The Villages, not closed deals, just sold and pending closing. That figure does not include re-sales by TV agents, new homes, or lots. The information is available on Estately.

[ficoguy]

The builder finances and then TV developer buys it from the builder and puts it in inventory

[BobnBev]

Originally Posted by dewilson58

Talked to my hairdresser, she said there has not been a significant drop.

Talked to my bra maker, she says there has been a significant drop, especially in people over 60.

[thelegges]

So could someone tell the masses to stop bidding on houses In this massive drop in homebuyer interest

[thomp679]

Originally Posted by dewilson58

Talked to my hairdresser, she said there has not been a significant drop.

But your hairdresser is in Orlando, so does she really know?