Talk of The Villages Florida

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/)
-   -   Real estate inventory high. Why? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/real-estate-inventory-high-why-357845/)

CoachKandSportsguy 05-27-2025 04:54 AM

Quote:

Originally Posted by vintageogauge (Post 2434324)
'
Your reply is all theory and no facts.

There is alot of this going around lately, like a bad pandemic

Papa_lecki 05-27-2025 05:22 AM

Quote:

Originally Posted by Vernon Hud (Post 2422382)
I have heard through the grapevine, that the Villages developer has their people sitting on used property, and only trying to sell new homes.

Except for the people in pre owned homes who want to buy a brand new home from the developer.

DrMack 05-27-2025 05:59 AM

There are a few
 
Quote:

Originally Posted by Papa_lecki (Post 2434346)
Except for the people in pre owned homes who want to buy a brand new home from the developer.

They all seem to think they can scaffold upward through the overpriced sale of their pre owned homes. Many have come to the rude awakening that it isn’t that market here anymore. There are in fact more than enough homes to go around.

DrMack 05-27-2025 06:03 AM

Quote:

Originally Posted by vintageogauge (Post 2434243)
If you are going to worry about a Market Crash you might as well dump your home now and go live in an apartment up north. Most of us don't have enough years left to worry about something that most likely will not happen in our lifetime. Spend it while you got it, life is short.

Or rent in Ft Lauderdale, along the beach and wait for the bottom of the market? Punta Gorda and Naples have some nice places for about the same prices as the villages does.

Normal 05-27-2025 06:07 AM

Sanibel and Ft Myers have nice areas too.
 
Quote:

Originally Posted by DrMack (Post 2434358)
Or rent in Ft Lauderdale, along the beach and wait for the bottom of the market? Punta Gorda and Naples have some nice places for about the same prices as the villages does.

We like Sanibel Island. Ft Myers is also more than reasonable for rentals and they are on the beach. You get the best of both worlds because you don’t incur much risk as a renter. The landlord is the one that pays up if there is a hurricane.

asianthree 05-27-2025 07:40 AM

Quote:

Originally Posted by Vernon Hud (Post 2422382)
I have heard through the grapevine, that the Villages developer has their people sitting on used property, and only trying to sell new homes.

I am always in wonder WHO allows any Agent either MLS or VLS tell them where or what home to buy. Is it because New is cheaper than preowned, or less maintenance, or just shiny?

If one can be steered by any Agent to buy a new home instead of a preowned, than you might need outside input.

Maybe a clear headed family member could be involved making important decisions.

Normal 05-27-2025 09:04 AM

Meanwhile 35%
 
Meanwhile 35% of the homes for sale stay on the market at least 90 days or more.

Byte1 05-27-2025 11:21 AM

Florida is no longer the place to retire. There are other states higher on the list of places to retire. Florida has just about the highest property insurance rates in the country. There are more retirees moving out of Florida than into Florida now. Some "experts" say that prices in the Villages were artificially inflated (during COVID?) and now they are dropping. One Villages real estate sales person told me that this is the worst it's been in over 30 years they have been working here. The inventory of homes for sale is at an all time high. If you want to see what is really happening, don't count on the list prices showing on the Net, check the prices they finally sold for. You can get a listing on the Internet. This is a buyers market....for cash deals. Many out of state buyers have never heard of a Bond before and don't realize the the price is actually $30k-50K higher than the list price. Some say that the prices will never recover completely to what they were a year ago. Then again, we have seen the price of eggs start to come down, as well as the price of gasoline. Miracles do happen.

Aces4 05-27-2025 11:29 AM

Quote:

Originally Posted by vintageogauge (Post 2434324)
'

Fact, when we bought our home our agent, Beth Pope, took us to all of the re-sales we asked plus some that we didn't know were available, all of them had something that we didn't want so she asked if we would like to look at some new homes and we did so the next day, the 3rd home she showed us was exactly what we wanted and we bought it with no regrets. Theory, also the developer likes to see re-sales sold so that the sellers can then afford to buy another new home which many of them do. Your reply is all theory and no facts.

Did it ever occur to you that you were steered toward undesirable presales given your wants and needs so that you happily jumped at the new build that she found which was just right for Red Riding Hood.:shocked: It is a possibility...

Pugchief 05-27-2025 11:58 AM

Quote:

Originally Posted by CoachKandSportsguy (Post 2434340)
There is a lot of this going around lately

Lately?

CoachKandSportsguy 05-27-2025 12:02 PM

Quote:

Originally Posted by Pugchief (Post 2434459)
Lately?

:BigApplause::mademyday:

BillyGrown 05-27-2025 12:28 PM

There are over 2000 homes for sale
 
Quote:

Originally Posted by Aces4 (Post 2434455)
Did it ever occur to you that you were steered toward undesirable presales given your wants and needs so that you happily jumped at the new build that she found which was just right for Red Riding Hood.:shocked: It is a possibility...

Currently there are over 2000 homes for sale MLS and VLS pre owned and new in the Villages. Bottom line is the bottom line.

asianthree 05-27-2025 01:06 PM

Quote:

Originally Posted by vintageogauge (Post 2434324)
'

Fact, when we bought our home our agent, Beth Pope, took us to all of the re-sales we asked plus some that we didn't know were available, all of them had something that we didn't want so she asked if we would like to look at some new homes and we did so the next day, the 3rd home she showed us was exactly what we wanted and we bought it with no regrets. Theory, also the developer likes to see re-sales sold so that the sellers can then afford to buy another new home which many of them do. Your reply is all theory and no facts.

Quote:

Originally Posted by Aces4 (Post 2434455)
Did it ever occur to you that you were steered toward undesirable presales given your wants and needs so that you happily jumped at the new build that she found which was just right for Red Riding Hood.:shocked: It is a possibility...

So do you think Beth sent subliminal messages as to which houses Vintage requested to view, then, offered more houses recently available to tour, that was spelled to make them look undesirable.
Under Beth’s spell, used Red Riding Fairy Tale hypnosis, to buy a new house. Not because preowned didn’t work for Vintage, but under Beth’s spell they couldn’t choose to say NO even if the New house didn’t check off any boxes.

I really need to give more credit to the inter workings of VLS Spells, Potions, and Acquisitions department.
Maybe sell to the general public to convince problem neighbors to sell and move Far Far Away.:MOJE_whot:

Marathon Man 05-27-2025 01:42 PM

Quote:

Originally Posted by Vernon Hud (Post 2422382)
I have heard through the grapevine, that the Villages developer has their people sitting on used property, and only trying to sell new homes.

Completely believable. The Developer has convinced many homeowners that they are going to delay completing sales of their homes because sales of new homes are not as fast as wanted.

Marathon Man 05-27-2025 01:47 PM

Quote:

Originally Posted by Aces4 (Post 2434455)
Did it ever occur to you that you were steered toward undesirable presales given your wants and needs so that you happily jumped at the new build that she found which was just right for Red Riding Hood.:shocked: It is a possibility...

Wow. How to call someone gullible without calling them gullible. I tell ya, some people...


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