[DrMack]

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.

[Bay Kid]

Originally Posted by Rsener

First of all don’t buy a new home there are great deals on older homes . Lots of extras already installed . Most have no bond , most have bigger lots . Bin here ten years the best place too live is above 466

Agreed. So much more to offer.

[vintageogauge]

Originally Posted by Rsener

First of all don’t buy a new home there are great deals on older homes . Lots of extras already installed . Most have no bond , most have bigger lots . Bin here ten years the best place too live is above 466

Are you serious?

[ByebyeMichigan]

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

[ByebyeMichigan]

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

[Bilyclub]

Originally Posted by Rsener

First of all don’t buy a new home there are great deals on older homes . Lots of extras already installed . Most have no bond , most have bigger lots . Bin here ten years the best place too live is above 466

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

[nhkim]

Originally Posted by CoachKandSportsguy

Pete Carroll losing the super bowl to the Patriots on a 90% play call. . from the book "Thinking in Bets" not a bad call, just not your desired outcome of which you have no control. .

God bless Pete Carroll and that play call...

[kkingston57]

Originally Posted by Mrmean58

Is this a serious question? Do car manufacturers tell the public when they drop prices or offer incentives? Just one example. Why would any business do such a thing?

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

[Ptmcbriz]

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.

[Sully2023]

Originally Posted by BPRICE1234

Is there any way to know when the villages will drop the price on remaining homes?

The thought of purchasing a home and a week later it drops 20k is unnerving.

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.

[Dotneko]

Originally Posted by Bilyclub

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

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.

[asianthree]

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.

[G.R.I.T.S.]

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

[South2C]

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

[BPRICE1234]

Originally Posted by asianthree

Preowned or new?

New