Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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TV current buildout rate
I was talking to one of the employees at a local hardware store and he claimed that there are currently 5 different builders working on TV buildout. Each are committed to 100 new houses per month which according to my awesome math abilities sounds like 500 new houses here every month!
Does this sound plausible or even possible? If so, that's a rather stunning figure (to me anyway...) |
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#2
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You should confirm this with at least three bartenders and three golf course ambassadors before speculating on social media.
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#3
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Watching the construction progress in the areas south of SR44 the numbers appear to be very possible but a little on the high side as that would be 6000 home per year or nearly twice what the sales data that been released would indicate. The rate of building obviously varies from month to month based on a number of factors.
The developer does appear to build up inventory during the summer months to have adequate for the winter/spring buying season that happens here when seasonal residents and renters are at their peak. I would consider the source of the information, not exactly a member of the inner circle that is in the know. I doubt the rate of building is slowing or will anytime in the foreseeable future.
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Don Wiley GoldWingNut (a motorcycle enthusiast not a gilded fastener) Village of Hillsborough www.goldwingnut.com YouTube –YouTube.com/GoldWingnut and YouTube.com/GoldWingnutProductions Carpe diem quam minimum credula postero Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. - Thomas Paine, 1/10/1776 |
#4
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#5
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Please note the terminology "build out" is a meaningless designation.
I have been listening to the build out urban legend for 15 years.....during the build out TV has gone from 35,000 to 115,000!!!!!! That 115,000 is destined to double based on current planning. During 2004/2005 TV was selling/building/closing at a rate in excess of 400 per month. The demand was such there were quotas and lotteries to obtain a newly built home. In my opinion TV will continue as long as the market and land availability supports the planning. |
#6
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No-one who is currently living in TV will ever live long enough to see final build out--I believe the last rec cents will be outside of St.Pete
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#7
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Quote:
IF you ever go to "An Evening With The Developer"---he will say "it's not true unless you hear it from my lips OR read it in The Daily Sun"!!! I've found THAT it what has been true!! Five builders however probably is the "grain of truth" to the comment. |
#8
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That's funny!
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It's harder to hate close up. |
#9
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Anyone can make/take a guess from this data ->
Historical annual home closings and historical annual average sales prices (home and lot) in The Villages are as follows: Year Homes Sold (Home and Lot) Average Sale Price 1986 511 * 1987 543 * 1988 517 * 1989 542 $ 74,000 1990 502 79,000 1991 430 81,000 1992 562 87,000 1993 567 93,000 1994 686 98,000 1995 700 106,000 1996 753 115,000 1997 1,054 119,000 1998 1,321 129,000 1999 1,544 139,000 2000 1,776 151,000 2001 2,074 156,000 2002 2,260 163,000 2003 3,329 168,000 2004 3,955 204,000 2005 4,263 232,000 2006 3,935 257,000 2007 2,403 251,000 2008 2,236 231,000 2009 2,115 229,000 2010 2,208 231,000 2011 2,307 241,000 2012 2,850 244,000 2013 3,419 271,000 2014 2,601 304,000 2015 2,294 2016 1,966 2017 2,231 Every new year leads to an increase of pre-owned homes competing against new homes for sales . Last edited by twoplanekid; 10-10-2018 at 12:02 PM. |
#10
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I no longer believe there will be a 'buildout'.
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West Virginia North Carolina |
#11
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I cannot vouch for the accuracy of this info, but last year when we closed on our house in April 2017, the builder told my husband that he was one of 20 builders in TV building homes and that he had built 100 homes in a year. SO that would amount to 2000 homes in one year. Also this builder said he expected to be in business in TV for at least 20 more years.
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#12
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Quote:
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Oldcoach Ed "You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken" |
#13
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Used homes sell fast too, unless they are priced unreasonably or poorly kept.
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It is better to laugh than to cry. |
#14
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Quote:
Sent from my SM-N920R4 using Tapatalk |
#15
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I plan on seeing the last house built, I'm just a youngin.
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Closed Thread |
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