Talk of The Villages Florida - The Prices Of Homes Are C R A Z Y !

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/)

- - The Prices Of Homes Are C R A Z Y ! (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/prices-homes-c-r-z-y-320788/)

I blame the snowbirds... Hell, they're blamed for everything else, why not this? :1rotfl::1rotfl::1rotfl:

Quote:

Originally Posted by Penglobal (Post 1962555)

Hello All - I'm Susan, from Lancaster, single and have finally made the decision to buy a home here in The Villages. I'm currently here in The Villages searching for a home and I'm very amazed by the prices of both new and used homes here.

In the new southern area, homes are selling very quickly, supply is low ( compared to last year ) and new homes prices are just crazy. Used home prices are even worse.

How are you guys dealing with the massive increase in home prices within The Villages?
Should I wait until the prices stabilize?

I can't believe that a new house I saw three years ago when Fenny first became developed is now on sale on the used home market for 40% more in just three years !

I have no idea what to do, please help. Thank You Susan of Lancaster

As far as I'm concerned, my kids are the only ones that are going to be effected from any increase or decrease in prices.

I've always looked at it as you're buying a lifestyle and they throw in a house. If you love the lifestyle TV offers as 10's of thousands do, buy your house and start enjoying your active golden years.

Quote:

Originally Posted by Penglobal (Post 1962555)

I think that prices will continue to go up. Here, there, and everywhere.

Prices are surging. Here's what is getting more expensive - CNN

And yet inventory in the villages is rising slowly but surely.. no we won’t go back to 2008 agreed but the new home builds will be many.. just a fact. For us it’s a waiting game and if the villages remains overpriced we will stay where we are it’s paid for

As someone that has been down there twice in the last month looking, the increase in price is approximately 20% on new homes based on sheets they gave us showing last year to this year. That may not seem like much, but when a house is starting at 300 before and now starts at 360, its deafening to buying anything worthy currently. We are holding out.

Quote:

Originally Posted by TheTourVan (Post 1983401)

Do what you want, but that same house is just as likely to be $420,000 next year as it is to be less than now.

Quote:

Originally Posted by Jayhawk (Post 1983404)

Do what you want, but that same house is just as likely to be $420,000 next year as it is to be less than now.

Could be, but historically that isn't the case in 55+ communities in terms of pricing those out and inflation ratio. If it is...it is. By that token our other homes will have risen and it ends up in a wash.

If we end up in a situation where the Villages is up 60-80% on new in a 24 month period, the end would be near as inflation can't keep up and retirees couldn't afford to come.