Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   More homes for sale than normal? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/more-homes-sale-than-normal-86589/)

e-flyer 08-29-2013 04:14 PM
I originally thought our sales person was hyping it up when she said they were predicting the build out in 1-1/2 yrs - 2 yrs. That said, after driving through the Village of Collier, I'd have to say it might be true. Entire streets, maybe 10-15 house being built at one time, and it seemed that way throughout the entire Village, Quite amazing to watch!

CFrance 08-29-2013 04:21 PM
Quote:
Originally Posted by elbear (Post 735338)
We were told this won't happen for several years due to inability to get approved for more water right which are scarce and that is not likely to happen as it is at saturation point. If TV gets approved, then Disney will also which has been waiting for a very long time to purchase more land.
What won't happen for several years, and could you please state your source? If it was a sales agent, I might question that fact.

justjim 08-29-2013 09:50 PM
I remember flying into Phoenix some thirty years ago and picking up the newspaper it was all about the shortage of water and how development must stop as it had reached the saturation point. Well...... All the "Valley of the Sun" did was triple in size and population.

Developers like Morse have the unique ability to overcome challenges in order to create what others only can develop in their dreams. With what they have already created here---not much surprises me.

Jwatk 08-29-2013 09:58 PM
We were told there will be no lots available to build any longer. They will be building 300-400 specs a month until 2015. You will only be able to buy spec houses from this point on. If you are interested in resales, they may have gone up in price, but the landscaping is completed. And lots of enhancements are in place. I have seen some new villas for $150,000.

Schaumburger 08-30-2013 05:38 AM
Quote:
Originally Posted by justjim (Post 735063)
Houses are going off the shelf like bread and water before a hurricane. The Villages alone sold over 600 new and resale during the month of July. I think there is a couple of reasons for this "over exuberance". People coming in are being told that soon there will be no more new houses and second interest rates are soon going much higher----thus over exuberance in buying a home in TV. You better buy now----prices are going higher and higher. I believe some are 50-55 year olds buying and they are not retired yet. Maybe a "bubble", and then again, maybe not. I'm predicting a leveling off after build-out and then a downward trend. Most could care less---one way or the other!
justjim, Just wondering why you think prices will trend downward after the buildout in TV is complete?

keithwand 08-30-2013 08:33 AM
The Boomers are just starting to retire in mass. I would think that supply and demand will raise prices.


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