[vintageogauge]

According to Trulia there wer 270 homes and lots sold in TV between 3/31 and 4/30. That is 9 per day.

[nn0wheremann]

Originally Posted by bakon

Been watching just the villages listings as we are still north for 2 years but open to buy before...anyways the used are listed for more than new. The new all located near turnpike. So my favorites have grown to double its normal size. I keep favorites of the houses I would be interested in. But also lack of connectivity is a big factor. Lots of houses in New area and only two places to get a beer. North I see houses which are overpriced. 400k for kissing lania and 500+k for anything with pool. 400 in New gets a lot fits a pool plus three full car garage and a year new warranty. Some with a water view too. But no shopping yet. No balance yet in price or what you get in last year. Year ago I would say new just because houses were not near highway.

When looking South in newer areas remember to add the infrastructure bond to the price. These tend to be substantial. Many homes north of 466 have bonds paid off, or in amounts that are inconsequential

[vintageogauge]

Originally Posted by nn0wheremann

When looking South in newer areas remember to add the infrastructure bond to the price. These tend to be substantial. Many homes north of 466 have bonds paid off, or in amounts that are inconsequential

Also remember that older homes with bonds paid or lowered may be ready for new roofs, furnaces and air conditioners, they are not insulted as well as the new homes and don't have the wind rating of the new homes. It all balances out new or old so it just boils down to where you want to be.

[mowdie]

Originally Posted by vintageogauge

According to Trulia there wer 270 homes and lots sold in TV between 3/31 and 4/30. That is 9 per day.

So during the month of April 270 homes were closed on. So most of those homes were under agreement prior to this quarantine.

[BeauJangles]

House behind us sold for asking price - $259,000 - 8 days after listed. Probably went for $140,000 new. It did include used golf cart. Nothing wrong with that deal.

[justjim]

Originally Posted by vintageogauge

According to Trulia there wer 270 homes and lots sold in TV between 3/31 and 4/30. That is 9 per day.

Likely the closing date on these homes (contract could be 60 days or older) and they were definitely resales not new ones controlled by Property of the Villages.

[justjim]

Because of Coronavirus fewer prospects especially for new homes as few people are flying in and very few using the “lifestyle program”. Sales will pickup when things open up perhaps next month or the following.

[Jazzman]

Originally Posted by vintageogauge

Also remember that older homes with bonds paid or lowered may be ready for new roofs, furnaces and air conditioners, they are not insulted as well as the new homes and don't have the wind rating of the new homes. It all balances out new or old so it just boils down to where you want to be.

All homes built in Florida since the mid 2000 (after Hurricane Andrew) must adhere to the building code established where construction standards were raise to be able to withstand 1#0 mph force winds, a Cat 5 storm

[newgirl]

You forgot the new have huge bonds that you have to pay adding another 30-80 grand to the cost of that new house.

[Dust Bunny]

Originally Posted by Kenswing

I get notifications from Realtor.com when prices drop. There have been several substantial price drops lately.

There's one house in McClure that I started a thread on months ago that started out at $959,000. It's now $875,000..
Homefinder - The Villages(R) Homes and Villas for Sale

I tend to agree with you and I also noticed the Feds are keeping the interest rates low and continuing to drop. I saw one rate 2.95 15 year fixed. That's incredible.

Originally Posted by retiredguy123

I know the house you are referring to. It is on Dadeo Place. It has 2 problems. One, it only has a 2 car garage and no place to park a golf cart. And, the houses on either side were sold for about half of the asking price. The price needs to be reduced by another $200-300 K.

Ivys usually are 4/2. Looks like they spent a lot of money modifying this one. They should have enlarged the garage as well or instead, unless their lot size didn’t allow it. We have an Ivy as well and we bumped our garage out 4 feet in width and length. For a while we had two cars and a golf cart. Now we have two golf carts and a car. Also, although they got a larger walk in and a third bath out of one of their bedrooms, it cost them a bedroom. I think a 4/2 with a larger garage would have had more value for them than a 3/3 with that small garage, IMHO.

[kendi]

Originally Posted by rustyp

I have been paying attention for the last couple months to houses for sale in the classifieds of our local newspaper. My observation for both The Villages and MLS listings is the same old houses are listed everyday. The same old perky million dollar producers and great views, won't last long, etc. but again same adds everyday. That seems to suggest nothing is moving. Anyone else observe this ?

Villa in McClure just sold after 7 days on the market and went for the asking price.
When we were looking in 2019 and early 2020 we often saw a lot of the same houses for sale through TV and esp in the MLS for a few months at least. Even stopped looking for awhile cause was tired of the redundancy. But now most of those are sold and only a few were reduced in price. You'll see new listings as TV has more reveals in the new areas.

Originally Posted by vintageogauge

According to Trulia there wer 270 homes and lots sold in TV between 3/31 and 4/30. That is 9 per day.

Sold or closed? If sold, what price? If most had to take a 10% cut or more in the price to sell, then that’s what the OP’s question is getting at I think.

[OhioBuckeye]

Realtors get new people so excited that they don't have any idea how far you have to go for entertainment, then they have to buy another home & sell their present home for a loss. Yes, I know realtors tell everybody about how much profit they can make out of their present homes & some times you can, we did! But TV will sell a model like your's for thousands less, so it'll make it harder for you to sell yours. Homes will be tough now to sell but sooner or later it'll straighten out. But I wouldn't buy out by the turnpike right now but I'm sure the realtors are selling homes out there so cheap you can't resist it! Good luck!

[Bill1701]

From what realtors have told me, there are almost no buyers coming from outside TV. The Lifestyle Weekends have been shut down. No open houses either. I expect that when the whole COVID-19 virus shutdown is over, or at least lessened, sales will pick back up.