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/)
-   -   small homes (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/small-homes-338363/)

Ptmckiou 01-21-2023 08:39 AM

Quote:

Originally Posted by Rooklift (Post 2177976)
1. In my opinion prices will drop and we are already seeing the beginnings of this.
2. This is not a resort community. ( a 65 - 70 yr old woman at Aldi passed on buying eggs for 5 dollars as they were too expensive)
3. Interest rates will effect all potential non cash buyers lowering the supply of buyers at these prices.

If prices didn’t really drop significantly in 2008 with the crash, then they certainly won’t now. The Villages is always in demand, because people always retiring regardless of the economy. That’s the way it’s always been, and prices always continue to climb. They will slow the new build schedule, so less are for sale, keeping a high demand. A huge percentage of buyers, buy with cash here, so interest rates is irrelevant.

maistocars 01-21-2023 08:43 AM

Quote:

Originally Posted by CoachKandSportsguy (Post 2177949)
thinking this is a resort isn't one of them. .

"Resort" doesn't always mean beaches and luxury hotels. To me this is the greatest lifestyle resort ever built.

Ptmckiou 01-21-2023 08:45 AM

We have met several people that were up on the North side (one within walking distance to Sumter landing) and moved south of 44. Why? Because everyone on her street were 80+ and never wanted to go and do anything, especially after 7pm the streets rolled up. She is very active and happy down here with a younger crowd and endless neighborhood parties and gatherings.

CoachKandSportsguy 01-21-2023 08:46 AM

Quote:

Originally Posted by banjobob (Post 2178010)
Just curious , inquiring for a residence or a rental ,seems so many are becoming short term rentals and BnB, basically destroying neighborhoods.


LOL! as a slum lord here, most all of our rents were future villagers either waiting for their house to be built, or coming to find a house and learn the best area for them.

The other repeat is a local villager who doesn't have enough room for his extended family for vacations. . . so me thinks you have a biased opinion with no facts. .

ColtsFan 01-21-2023 08:47 AM

I would look for a pre-owned patio villa North of 466-A listed as "Bond Paid". You CAN find them. Tell the agent to only show you the ones with the bond already paid.

Aces4 01-21-2023 08:49 AM

Quote:

Originally Posted by Ptmckiou (Post 2178045)
If prices didn’t really drop significantly in 2008 with the crash, then they certainly won’t now. The Villages is always in demand, because people always retiring regardless of the economy. That’s the way it’s always been, and prices always continue to climb. They will slow the new build schedule, so less are for sale, keeping a high demand. A huge percentage of buyers, buy with cash here, so interest rates is irrelevant.

Interest rates are relevant. If a future Village resident’s current home is unsaleable due to high interest rates or the prices on said home sinks, decision to move may be postponed or voided. Who knows how the current financial mess will shake out. We now have many additional residents in the US purchasing limited products which can also fuel inflation. There are many factors to be considered.

CoachKandSportsguy 01-21-2023 08:54 AM

Quote:

Originally Posted by MandoMan (Post 2178017)
Swimming pools, golf courses, tennis and pickle ball courts, horse shoes and shuffle board and bocce ball, games and crafts, free music—I’d say The Villages qualifies as a resort community.

no night life after 8 pm, no young couple's desires for a wedding venue, nor a honeymoon venue, nor young adults destination for partying. .

its a f* master planned retirement community for the over 55.. . .
a great one i am not debating that

just a day camp for retirees, yes, night life / night clubs for a resort? not so much
:1rotfl: :1rotfl:

Papa_lecki 01-21-2023 09:22 AM

Quote:

Originally Posted by CoachKandSportsguy (Post 2178051)
LOL! as a slum lord here, most all of our rents were future villagers either waiting for their house to be built, or coming to find a house and learn the best area for them.

The other repeat is a local villager who doesn't have enough room for his extended family for vacations. . . so me thinks you have a biased opinion with no facts. .

We rented a number of times, but it was to scope out different areas, before we BOUGHT
The wild parties we threw when we rented really brought down the value of the neighborhood.

villagerjack 01-21-2023 09:23 AM

Hardly in the “ middle of a rural area “

IndianaJones 01-21-2023 09:23 AM

Quote:

Originally Posted by Altavia (Post 2178011)
Have you met anyone who sold a home South of 44 to move "up north"?

Absolutely - at least 4 couples in my neighborhood alone. Met a few playing golf, as well. Primary reasons: "not enough amenities, golf courses, restaurants, shopping, etc. down there"; "We were on a street where 100% of the homes were rentals/snowbirds, so we were basically the only residents on our street for at least 6 months"; "Didn't want to wait on town squares, rec centers, etc. to be built - wanted access to them now"; "It was going to take too long to put in a pool, so we bought a house with a pool"; and so on. Most lived south less than 2 years, then moved north of 466A.
The point - everyone has a different look at it. I prefer new homes but that's the great thing about TV - something for everyone!

Vermilion Villager 01-21-2023 09:37 AM

Quote:

Originally Posted by CoachKandSportsguy (Post 2177887)
um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

Did you see what happened when the homes in the village of Richmond came on the market? All of the patio villas at the Northern section sold it within 30 minutes, and 90% of Richmond is now sold.:crap2:

CoachKandSportsguy 01-21-2023 09:41 AM

Quote:

Originally Posted by villagerjack (Post 2178079)
Hardly in the “ middle of a rural area “

ummm. . built by a cattle rancher on former ranch land, there is still ranch lands on all four sides. . the local town is 200 years old, hasn't changed much, and the main street of stores is about a mile long at best?

So the developer is buying up non rural land to continue building? farm land with cattle inhabitants isn't rural land?

Or are you thinking that TV is a suburb of Orlando?

Aces4 01-21-2023 09:43 AM

Quote:

Originally Posted by Vermilion Villager (Post 2178087)
Did you see what happened when the homes in the village of Richmond came on the market? All of the patio villas at the Northern section sold it within 30 minutes, and 90% of Richmond is now sold.:crap2:

That doesn’t make it a resort. It’s more like more people moving into heaven’s waiting room.:22yikes:

Vermilion Villager 01-21-2023 09:44 AM

Quote:

Originally Posted by altavia (Post 2178011)
have you met anyone who sold a home south of 44 to move "up north"?

nope!!!!

Vermilion Villager 01-21-2023 09:55 AM

Quote:

Originally Posted by Aces4 (Post 2178093)
That doesn’t make it a resort. It’s more like more people moving into heaven’s waiting room.:22yikes:

My reply was in reference to the topic at hand....lower priced homes. You seem to be focused on this hijacking of the thread to talk about resorts. To satisfy your craving I can say that I have been to hundreds of resorts in dozens of countries around the world and this community comes as close to resort living as any resort I have had the privilege to visit.

Aces4 01-21-2023 10:04 AM

Quote:

Originally Posted by Vermilion Villager (Post 2178105)
My reply was in reference to the topic at hand....lower priced homes. You seem to be focused on this hijacking of the thread to talk about resorts. To satisfy your craving I can say that I have been to hundreds of resorts in dozens of countries around the world and this community comes as close to resort living as any resort I have had the privilege to visit.

Aww, confused? I didn’t start the resort conversation. I just pointed out The Villages is heaven’s waiting room.

rogerk 01-21-2023 11:02 AM

Quote:

Originally Posted by Bogie Shooter (Post 2177886)
You mean less infrastructure means lower bond, right? No, than what do you mean?

Not less infrastructure just more lots to share the cost of the infrastructure.

CoachKandSportsguy 01-21-2023 11:12 AM

Quote:

Originally Posted by rogerk (Post 2178132)
Not less infrastructure just more lots to share the cost of the infrastructure.

but more lots means more infrastructure, more water drops, more sewer pumping stations, more electrical drops, etc. .

hmm, seems the that both sort of average out . .

Altavia 01-21-2023 11:21 AM

Quote:

Originally Posted by ColtsFan (Post 2178054)
I would look for a pre-owned patio villa North of 466-A listed as "Bond Paid". You CAN find them. Tell the agent to only show you the ones with the bond already paid.

Check how much homeowners insurance will be on that area.

Newer homes get close to $1,000 a year in discounts due to meeting the latest wind/hurricane codes.

meme5x 01-21-2023 11:39 AM

It’s to bad people don’t look for pre- owned houses as much as the newer ones to the south..homes toward the north have more amenities i.e shopping, restaurants, closer grocery stores and landscaping… close to highway noise, no thanks

Timeweaver1 01-21-2023 12:13 PM

Quote:

Originally Posted by Ptmckiou (Post 2178050)
We have met several people that were up on the North side (one within walking distance to Sumter landing) and moved south of 44. Why? Because everyone on her street were 80+ and never wanted to go and do anything, especially after 7pm the streets rolled up. She is very active and happy down here with a younger crowd and endless neighborhood parties and gatherings.

Moved to the northern area 3 years ago at 58. I love my mixed age neighborhood and the older neighbors have been so friendly and helpful. Spanish Springs is a great area with several places open after 9 pm. So happy here - not moving.

Aces4 01-21-2023 12:55 PM

Quote:

Originally Posted by Timeweaver1 (Post 2178161)
Moved to the northern area 3 years ago at 58. I love my mixed age neighborhood and the older neighbors have been so friendly and helpful. Spanish Springs is a great area with several places open after 9 pm. So happy here - not moving.

It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.

bark4me 01-21-2023 01:06 PM

Quote:

Originally Posted by billethkid (Post 2177829)
The Villages home pricing does not necessarily follow national trends in magnitude.

Very true

cjrjck 01-21-2023 01:51 PM

Likely prices will drop in TV but probably not by 30%. Not because of a lack of interest but because many potential buyers will have difficulty selling their current home or will have to take a hit as the market nationwide contracts. Because TV is bit insulated to market swings, it may take a while to be noticed.

CoachKandSportsguy 01-21-2023 02:49 PM

a very close friend of ours who works at a hospital about an hour away, just had a conversation with a hospital employee, (friend is in HR and does hiring) that she just bought a house in TV, and is moving in this sunday, dallas 49ers game day. . must be remote worker. . . but the migration continues from the north where cost of living and housing differentials allow leaving here and buying there in cash. . . when ready

ready is determined by "have enough and have had enough" snow and winter and other crap. .

Boomer 01-21-2023 02:57 PM

Quote:

Originally Posted by Aces4 (Post 2178181)
It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.



Yep. But (sigh) we will always have those who try to make themselves feel better by trying to make others feel worse.

Boomer

JMintzer 01-21-2023 03:39 PM

Quote:

Originally Posted by Sandy and Ed (Post 2178009)
Higher average age of resident than national norm: Higher mortality rate? Older citizen snowbirds giving up seasonal home? Older year round residents moving closer to family? Moving into assisted living? All of this would create more availability of pre-owned homes to sell. Then add the unrestrained building of new homes in new villages. Supply and demand.

None of that has changed. It's always been that way in TV...

Why should it change things now?

JMintzer 01-21-2023 03:39 PM

Quote:

Originally Posted by Altavia (Post 2178011)
Have you met anyone who sold a home South of 44 to move "up north"?

Yes...

Oh, and I also know someone who sold a house in Osceola Hills, only to buy the very same model, on a view lot, because she wanted to "watch the birds"...

People have their reasons to move wherever they want to move... Makes no difference to me...

joelfmi 01-21-2023 04:20 PM

In time seller will learn that if they are selling a home with very few upgrades
 
Quote:

Originally Posted by rh67p (Post 2177819)
Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

can and will learn the home they want to sell that buyers will pay only what it their worth and willing to pay. Munis the cost of upgrades which are very expensive to have completed.

Timeweaver1 01-21-2023 05:09 PM

Quote:

Originally Posted by Aces4 (Post 2178181)
It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.

wow if you think my comment is running down anyone's decision or that I am not happy for other's choices. did you even read my comment?

Aces4 01-21-2023 05:29 PM

Quote:

Originally Posted by Timeweaver1 (Post 2178297)
wow if you think my comment is running down anyone's decision or that I am not happy for other's choices. did you even read my comment?

I’m sorry, I absolutely did not mean to run down your comment. Looking back, I see it could be interpreted that way.

For the record, I think your comment is truly benign and not maligning anyone.

Aces4 01-21-2023 05:34 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 2178236)
a very close friend of ours who works at a hospital about an hour away, just had a conversation with a hospital employee, (friend is in HR and does hiring) that she just bought a house in TV, and is moving in this sunday, dallas 49ers game day. . must be remote worker. . . but the migration continues from the north where cost of living and housing differentials allow leaving here and buying there in cash. . . when ready

ready is determined by "have enough and have had enough" snow and winter and other crap. .

How about the people who have had enough with “palmetto bugs”, termites, dirty palm trees, grass fungus, hurricanes and other crap…:icon_wink:

westernrider75 01-21-2023 05:36 PM

Quote:

Originally Posted by Southwest737 (Post 2177993)
Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

Well, why buy a new house….

-new houses and the items in them come with a warranty (including major things like roofs and a/c)

- the new homes have things that some preowned do not, such as higher ceilings, larger garages, more updated floor plans.

-much less traffic in the newer areas because there aren’t the volume of stores and offices like further north areas

Just a few of the reasons the sales of new homes continue to be hot.

westernrider75 01-21-2023 05:44 PM

Quote:

Originally Posted by meme5x (Post 2178145)
It’s to bad people don’t look for pre- owned houses as much as the newer ones to the south..homes toward the north have more amenities i.e shopping, restaurants, closer grocery stores and landscaping… close to highway noise, no thanks

I guess everyone is different. I don’t want all that shopping and the traffic it brings, being on my doorstep. I can drive to any of that in less than 30 minutes and not have to fight it every day. Grocery store is 5 minutes away by golf cart.

CoachKandSportsguy 01-21-2023 06:39 PM

Quote:

Originally Posted by Aces4 (Post 2178307)
How about the people who have had enough with “palmetto bugs”, termites, dirty palm trees, grass fungus, hurricanes and other crap…:icon_wink:

winter, sleet, snow . . . . . . . . . . . . . . couple of bugs . . . .
snow, sleet, high fuel oil heating. . . some grass fungus . . . . .
snow , cold bomb cyclones . . . . . . . . rain, warm bomb hurricanes . . . . .

still think FL wins . . .

Laker14 01-21-2023 07:56 PM

Quote:

Originally Posted by joelfmi (Post 2178275)
can and will learn the home they want to sell that buyers will pay only what it their worth and willing to pay. Munis the cost of upgrades which are very expensive to have completed.

Congratulations! You have outdone even yourself with your latest incomprehensible post.

It lacks only the word "transparent".

Aces4 01-21-2023 08:10 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 2178334)
winter, sleet, snow . . . . . . . . . . . . . . couple of bugs . . . .
snow, sleet, high fuel oil heating. . . some grass fungus . . . . .
snow , cold bomb cyclones . . . . . . . . rain, warm bomb hurricanes . . . . .

still think FL wins . . .

No snow on the ground for month of January back home, natural gas bills low, no grass fungus, no roaches, no sinkholes, no hurricanes but there maybe a seldom tornado warning, no stinking hot summers and I could mention more.

Point being that each area has their share of “crap” in other people’s minds. Florida will never win in my mind but it’s good enough for you and others fulltime. I have no problem with that, live and let live.

Sorrento19 01-22-2023 05:08 PM

This is obviously not the community for you.
Best to look elsewhere.

npwalters 01-22-2023 06:47 PM

Quote:

Originally Posted by Altavia (Post 2178140)
Check how much homeowners insurance will be on that area.

Newer homes get close to $1,000 a year in discounts due to meeting the latest wind/hurricane codes.

Wow, $1K per year in discounts. How much are they paying? p.s. my 20 year old home gets a small discount after having my roof inspected to confirm compliance with wind/hurricane codes.

Aces4 01-22-2023 07:35 PM

Quote:

Originally Posted by Sorrento19 (Post 2178740)
This is obviously not the community for you.
Best to look elsewhere.

Is this post for anyone in particular? Use the quote button when referring to a post for clarity.


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