[Stu from NYC]

Originally Posted by vintageogauge

The good thing is you'll make a hansom profit when you do decide to sell.

Than what?

[Justputt]

I'm building in Dabney, and while I'd like to be closer to squares, I'd likely also be closer to noise, rentals, etc., and I prefer the quiet. We about 4 miles from Eastport via 470, which is not a golf cart friendly road, unfortunately. It looks like we'll have to run up to the overpass near Sawgrass, so I'm guessing 20min run to Eastport, otherwise, 5 min car ride. There is an underpass at 48 (Leesburg Hwy), but it looks no shorter than running to Sawgrass and connects to nothing on the west side of the FL Turnpike. We're also plenty close to get to a Publix (3ish miles), but in a car, as there aren't golf cart friendly paths to it. I too like being closer to MCO and having the 470 onramps so close will cut down on time noodling through TV.

[Stu from NYC]

Find it interesting that many of us want to be closer to squares. Bought one a few miles from LSL and over time pretty much stopped going as we found restaurants we liked better outside the bubble.

[Ken D.]

Originally Posted by Susan1717

Homes sales are slowing everywhere. We also have a beach condo on the water in southern florida. Been looking to upgrade that one to a larger condo and see many desirable ones on the market for over 100 days! That’s unheard of. Updated waterfront property used to sell within days or weeks. I’m thinking it is the poor economy, high inflation, and high interest rates.

Waterfront during hurricane season may play into your equation.

[CoachKandSportsguy]

Originally Posted by Stu from NYC

Than what?

Exactly! The choices here in TV are sell used in demand by/ to the wanna buy now, and build another new by you, the patient buyer, in maybe less desirable location, or downsize.

Should not look at your home in financial investment terms, but as personal comfort and enjoyment only, regardless of current price.

[VApeople]

Originally Posted by Justputt

I'm building in Dabney, and while I'd like to be closer to squares, I'd likely also be closer to noise, rentals, etc., and I prefer the quiet. We about 4 miles from Eastport via 470, which is not a golf cart friendly road, unfortunately. It looks like we'll have to run up to the overpass near Sawgrass, so I'm guessing 20min run to Eastport, otherwise, 5 min car ride. There is an underpass at 48 (Leesburg Hwy), but it looks no shorter than running to Sawgrass and connects to nothing on the west side of the FL Turnpike. We're also plenty close to get to a Publix (1 mileish), but in a car, as there aren't golf cart friendly paths to it. I too like being closer to MCO and having the 470 onramps so close will cut down on time noodling through TV.

Good for you thinking about how it will be living in Dabney. You will be very near to the new dining hot spot Seafood Shack, which is excellent, and you will have the only adult resort pool in The Villages. It will also be a nice drive along the south shore of Lake Harris to reach the Yalaha Bakery and The Hideaway.

[Burnie]

Interesting that so many comments about buying in The Villages seem to be more concerned with things like resale value, renting, etc. When we bought here in 2003, the idea was to find a nice place to grow old(er) suitable for people of our age (I was 68 at the time). As a matter of fact, while touring The Villages on one of the lifestyle bus rides, when I made what I thought was a funny remark that "what if all I want to do is watch television?", the tour guide said "Well, not everyone is made for The Villages".

[Pat2015]

Originally Posted by Normal

Two pictures of the sales map. One 3 weeks ago, one this morning. Is it location or the economy? Houses aren’t moving too well these days. I would measure the more “rentable” across from Brownwood is the reason for the wait? Leesburg taxes?

There are 1100 new construction homes in Newell with only 17 left to sell, and in the second quarter of this year 100 more new homes were sold then all the sales throughout TV. Also, the Enclave which is a new Premier neighborhood in Dabney sold out immediately upon release. I’d say sales down south in the new areas are going great!

[MandoMan]

“During the past year, The Villages built an average of 134 homes per month, down from its historical average of about 300.”
Prices for used homes began dropping in June of 2022 when interest rates began going up, especially for homes over $500,000. Many people who move here pay cash, but those who need a mortgage have a limit to what they can afford, and with higher interest, those people can’t afford as much. I put my house with a pool on a golf course up for sale three months too late. I was expecting $600,000, but it sold for $525,000. The speed of sales for new houses reflects this.

[Lisanp@aol.com]

I'm confused by these photos. They are very similar with the exception of the area directly above the zoom in/zoom out buttons. The bottom photo I assume is the three weeks ago one? The top photo then shows where a new neighborhood (patio villas?) was released and quickly put into contract. I see sales, not slump!

[vintageogauge]

It beats taking a loss when you sell.

[vintageogauge]

However, the average MLS listing that sold in TV during both July and August are up nearly 4% from the same period last year.

[Nansim]

Originally Posted by Stu from NYC

It seems to me that many people come down here and really think they need to make a buy within a week. As a result real estate salespeople will guide them to an area that they are told to by their management.

That is absolutely not true. Management does not dictate location for sales.

[Stu from NYC]

Originally Posted by Nansim

That is absolutely not true. Management does not dictate location for sales.

Sorry but I beg to differ. If you were running a business like the Villages why in the world would you not push certain areas when necessary? Do you not think it is a good idea to finish selling a village so as to move on to the next one?

[Brwne]

Originally Posted by Normal

Two pictures of the sales map. One 3 weeks ago, one this morning. Is it location or the economy? Houses aren’t moving too well these days. I would measure the more “rentable” across from Brownwood is the reason for the wait? Leesburg taxes?

Lots that are sold for home construction do not show as "sold" or "pending". They aren't actually "sold" until construction is complete and the deal closes. There are quite a few lots sold in Dabney that do not show up at all.

I do, however, think that closed home sales are down 25% +/- from the peak in 2021. That being said, we closed 9/16/19 and there've been over 12,000 homes sold since then!