New home sales slump

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  #61  
Old 09-27-2023, 03:14 PM
Marsha11 Marsha11 is offline
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Never rentable!!!!!!!
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Old 09-27-2023, 03:21 PM
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Originally Posted by Pat2015 View Post
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!
Agree with the first part, but the Enclave is nowhere near sellout. They have 77 lots available and 42 others have been sold.
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  #63  
Old 09-27-2023, 03:46 PM
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Originally Posted by Stu from NYC View Post
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?
It's kinda' hard to sell homes where you're not building, isn't it?

Of course they're going to show "new" homes where they're currently building...
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Old 09-27-2023, 03:48 PM
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Originally Posted by tophcfa View Post
Let’s hope prospective residential home buyers have smartened up and are backing away from buying homes commingled among a bunch of short term rentals. That would be the absolute quickest way to finally get something done to address the ever growing short term rental problem.
Kinda' hard to do that unless you're one of the last homes sold in a neighborhood...
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Old 09-27-2023, 03:53 PM
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Stu when I first moved here, I was surprised to learn that many residents are in their 3rd home in TV.

I'm a widower now, plan to remain in 'the bubble' but giving serious thought to downsizing ....
  #66  
Old 09-27-2023, 03:54 PM
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Originally Posted by kkingston57 View Post
Management is only interested in new sales and listings for non new homes that they are the listing agent. When we moved here, we wanted an established neighborhood and our agent only could show us houses that they were the listing agent.
Well, considering the agents can't sell MLS homes, what did you expect?
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Old 09-27-2023, 03:56 PM
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Originally Posted by manaboutown View Post
My first VLS agent evaded showing me even one resale home after multiple requests and steered me to brand new spec homes.
And mine showed us exactly what we wanted to see...

Sounds like your first agent was just a poor agent...
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Old 09-27-2023, 03:57 PM
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Absolutely
Positively...
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Old 09-27-2023, 04:20 PM
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Certainly!
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Old 09-27-2023, 07:42 PM
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Originally Posted by kkingston57 View Post
Also homeowners insurance 4-5X more expensive and getting worse.
Costs for maintenance of a home absolutely play into a decision to buy. Homeowner’s in Florida has become a healthy problem with monthly expenses.
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Old 09-27-2023, 08:46 PM
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Certainly!
Indubitably...
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Old 09-27-2023, 09:28 PM
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Indubitably...
Irregardless of that how do you really feel?
  #73  
Old 09-28-2023, 05:31 AM
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Originally Posted by margaretmattson View Post
No remodeling needed. Gorgeous granite countertops, LVP floor, newly painted inside and out and an extended lanai. It took us 8 months to find THE ONE. In the end, our patience paid off. I think the reason we got a great deal is most buyers are not interested in the Northern areas. We have been here for 20+ years living near LSL and Brownwood. It was time for a change. This is a new adventure for us. Most of all, we are looking forward to living on a street with no rentals.
Glad you found exactly what you were looking for. We were open to any location when we were looking but I have to agree with the previous poster, everything we saw definitely needed updates and many were very dark because of the layout. Because we were not going to be here full time for several years after the purchase we didn’t really feel like we could manage those renovations from 1000 miles away. We ended up with a new courtyard villa and we are glad we did, it has very nearly doubled in price since 2020 and we have only spent about $25k to get that return on investment. I do appreciate the mature landscape on the more northern areas however.

Last edited by westernrider75; 09-28-2023 at 05:33 AM. Reason: Spelling
  #74  
Old 09-28-2023, 07:34 AM
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Originally Posted by westernrider75 View Post
Glad you found exactly what you were looking for. We were open to any location when we were looking but I have to agree with the previous poster, everything we saw definitely needed updates and many were very dark because of the layout. Because we were not going to be here full time for several years after the purchase we didn’t really feel like we could manage those renovations from 1000 miles away. We ended up with a new courtyard villa and we are glad we did, it has very nearly doubled in price since 2020 and we have only spent about $25k to get that return on investment. I do appreciate the mature landscape on the more northern areas however.
I bought a home in Hawkins. Unlike most, I do not want my home to double in value. With that comes higher insurance rates, property taxes, and maintenance. When you sell your home for the "handsome profit", what next? I understand most of you are buying another newly built home at a lower cost. Then planning on reselling, again.

Eventually, that well is going to dry up. The buyers who purchased your homes for a higher price are going to want a higher price when they sell. You also will demand a higher price. Pretty soon, homes will be nearing the million dollar price tag. With that, comes exorbitant costs to live. To me, not worth it. But, no one can stop a moving train.

Last edited by Randall55; 09-28-2023 at 02:35 PM.
  #75  
Old 09-28-2023, 10:09 AM
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The Villages sales agents sell more Villages re-sales than all of the MLS companies combined.
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