Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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US house price fall 'beats Great Depression slide'
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#18
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prices on new construction going up
They most likely have no choice but to raise prices, inflation is here and building material costs are most likely are up 10-15% in the last two years. Do not believe the CPI that the Government publishes every month, that is a consumer price index far different then raw materials to build a home. As others have said they can always discount later if they need to do so to sell.
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Riverside NJ, Moorestown NJ, Mt. Laurel NJ, Tuckerton NJ, Mount Laurel NJ. |
#19
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Seems that I have heard each summer that prices are increasing and I have to wonder if it is just a ploy to get the about to be buyers to act.
It seems to me that prices really haven't changed on a Camellia from what we bought new three years ago. It is kind of a shell game. Here is a Camellia priced at $246, with discounts now $228. Maybe not a shell game but a marketing technique.
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It is better to laugh than to cry. |
#20
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I somehow doubt that the cost of building materials or labor is going up. There is so little demand due to lack of new construction starts. On the contrary, have you heard of anyone in construction getting a pay raise lately? What could be driving the prices up if there is very little demand? On another note; does anyone else believe the reason the bond on TV homes is paid separately is to remove that figure from the appraised value of the new homes. Morgage lenders and traders might balk at providing loans for homes that are over priced in comparison to appraised value. I know, I know, it's the life style but that does not compute into the appraised value of the home for new construction in my view. In effect, you are taking out a second mortgage to finance the bond amount. You just have to wonder why other developers include the infrastructure cost in the price of the home. If TV developer is separating it, there must be a good reason and advantage to him. Anyone disagree or have a better reason?
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#21
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I posted this earlier that prices have already gone up. They have replaced an older model with a newer model of the same floorplan. I just bought a 2 BR CYV called the Woodlawn. When I wasn't happy with the cabinet choices offered in the five available I asked my salesman if anymore were coming online. He said no, because they are no longer making the Woodlawn, but the exact same floorplan is now called the "Durham". He said look on the new homes site, there is a corner site Durham already listed for $187,000. That's about $8,000 more than a Woodlawn would normally bring on a corner lot. Woodlawn is normally about $169,000 + $10,000 for a premium lot ($179,000).
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