Or the price decreases
 

We bought in the villages about 2 and a half years ago. If we sold today, we would lose money. The house has decreased in value, but our neighbors in Dabney are great. At times we reflect on how neighbors paid less after our purchase but we care too much about them to mention it. We own a second home in Clearwater and that home has also lost maybe the same amount in value.

The bottom line is a home should never be considered an investment. Especially here in Florida.

Agreed. So much more to offer.

Are you serious?

There’s no “offering” anything on a new home. The price you see is the price you pay. Not a penny less.

I doubt “the family” has to borrow from a bank to build a new village. They’ve got billions ……:

Good to know. Did you drop the price on the house you’re selling above 466 ?

God bless Pete Carroll and that play call...

Agree but I think writer was hoping that he could get a specific example. In 2008/2009 it was a HUGE buyers market

You never know that also the reverse could happen. You wait and the price goes up. We bought 3 years ago a new house and literally 2 weeks after escrow closed, new homes like ours were being listed for $40K more. Had we waited we would have been priced out of our house and couldn’t have afforded it. Our house is on a view lot and the new ones almost always sell the same day listed. The only new homes I’ve seen discounted are those undesirables that have an issue like near power lines etc, or they are just needing to close out a village and concentrate elsewhere.

Home price drop for new homes
 

Don’t hold your breath!

During the 2008/2009 housing crises they included some furnishings in the home. They did not drop the price of homes.

Buy a lot or home you will love and just move forward. It’s like trying to time the stock market.

My thoughts exactly - he probably has a home for sale. That has at least a 10 year old roof, older appliances and A/C. With upgrades that probably dont match the buyers tastes, so worthless. I would never buy used - I like new house smell lol. I know every nick and ding belongs to me.

Since 2004 (could be earlier) as a village near completion and new area started. The few Unsold homes were discounted. In your closing paperwork the paragraph “if you DO NOT CLOSE on Closing date” all discounts will be removed. Discounts were a percentage of original price.

Once the agreement to purchase a house is signed, price does not change, up or down.

If you’re a FROG don’t worry be happy.

New