[mcpeters]

We are waiting for TV real estate to drop substantially so we can jump in. I think the homes are overpriced and so many of them are for sale well above $100k more than what they paid not so long ago. I have also seen very few homes for sale that meets my criteria, and those have sold quickly. Homes priced right are selling fast as well.

[Foxtrot]

Patio Villa in Bay Port went on sale for 219,000 and 2 days later it's sale pending.

[vintageogauge]

Originally Posted by Villagerjjm

I have noticed that the pre-owned for sale section that comes once a week has gotten quite a bit larger.

No open houses more advertising.

[mydavid]

You build and they will come.

[bakon]

Originally Posted by 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.

Didnt forget but add cost to repairs needed, bond will be offset. Older house =less bond=higher age of roof appliances and a\c.
Of course all cases different.

[bakon]

Originally Posted by mcpeters

We are waiting for TV real estate to drop substantially so we can jump in. I think the homes are overpriced and so many of them are for sale well above $100k more than what they paid not so long ago. I have also seen very few homes for sale that meets my criteria, and those have sold quickly. Homes priced right are selling fast as well.

I have to agree as a person interested in buying. I went to open house and found owner at house in pine hills area. House was already sold and no open house. Asked why he was selling after a few years and he said "making 100k and moving to new house cheaper than this one selling"
Once the golf carts paths get connected to south, North houses will have to come down to sell.
If you live north and plan on selling, do it before bridges are done. Prices are inflated because its prime location...now.

[oemsp]

You must live in “The Old Villages”.

[davem4616]

The house across the street from us was purchased new, as an investment back in late 2017 (Pine Hills)....I will say that it's been getting a lot of traffic these last two weeks....license plates have been from FL and NJ that I've noticed...plus golf carts

it's been on the market now almost a month...enlarged 2 stall garage, no separate golf car garage door

landscape is original...which isn't adding a lot of 'curb appeal'

[Barborv]

Just closed on a house March 6. Now I wonder if I could of made a lower offer. I bet if it was 2 weeks later, who knows. Water under the bridge, But as soon as this virus comes to a slow , everything will be picking up.

[Dond1959]

Originally Posted by Tsalla Apopka

Looking in Zillow I see the competition for new homes is getting very strong. Places like On Top of the World in Ocala have all the amenities along with golf cart access.
Every time you turn a corner in Ocala there is a new development popping up.

Top of the World is no competition for the Villages. We looked all over Florida and for what we were looking for this was by far the best place to buy in Florida based on amenities, activities, and price.

[Sutty]

What you must also consider is that most serious buyers will be registered with the villages real estate and other agencies, and will have early access to properties that you will never see hit the market, this keeps prices artificially high as the fear of missing out on your dream retirement home being released on to the open market if you don’t act quickly is often to much for most.

[Boilerman]

Originally Posted by mcpeters

We are waiting for TV real estate to drop substantially so we can jump in. I think the homes are overpriced...

Good luck waiting for home prices here to drop substantially. Maybe you can buy something today at a discount with the slowdown but otherwise, I wouldn’t count on prices going down.

[hollyweiss]

I am in Real Estate (but I do not work for the Villages), we are still seeing a lot of movement (listings, selling, closing)

[thelegges]

Three houses we were debating on sold in a week

[rustyp]

Originally Posted by thelegges

Three houses we were debating on sold in a week

So why are the same houses listed day after day in the classifieds ? That was my original question. Now I hear there is an inside track and the best houses don't hit the market. How do I educate my friends to get into the that inner circle ?