Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Villages Nearing Build-out (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/villages-nearing-build-out-99625/)

CFrance 04-11-2014 11:48 AM

Also, they are not building anymore custom homes--only specs. So they no longer have to deal with the constant changes and complaints.

GaryW 04-11-2014 11:48 AM

They have actually slowed way down on building,,, while they have inventory homes,,, not building real fast,,, about 175 a month,,,, And alot of that is due to Antrim Dells Unit 966. that is accounting for about 100 inventory homes...

MikeV 04-11-2014 12:42 PM

Quote:

Originally Posted by Dr Winston O Boogie jr (Post 859750)
Build Out is a myth.

:agree::bigbow:

Dr Winston O Boogie jr 04-11-2014 12:44 PM

Dot's point about the location of Brownwood speaks volumes. It makes absolutely no sense to locate that town square on the edge of the Villages. Town Squares by their very nature are meant to be centrally located.

Spanish Spring to LSL = 3 Miles

LSL to Brownwood = 8 Miles.

slipcovers 04-11-2014 01:01 PM

[quote=Birdie Dreamer;860364][QUOTE=slipcovers;860349]
What also baffles me is that today on thevillages.com realestate there are 450 new designer homes and 208 pre-owned. Total 658 designer homes for sale, NOT counting those listed with MLS. Why build more?
Quote:


Probably because they are selling over 300 new homes a month. A month and a half of inventory is not very much.
I was referring to DESIGNER homes only, they are not selling fast. Many new ones have been on the market for over a year. The villas seem more desirable to snowbirds and sell faster. So why not build more villas instead of more designer? Doesn't that make more cense?

Cedwards38 04-11-2014 06:01 PM

I just attended the Villages Community Development District's Resident Academy this month. One of our featured speakers was Janet Tutt, an impressive person who obviously loves The Villages. One of the first questions to her was, "What happens when the Developer is no longer involved with The Villages"? Her response was, (paraphrased) Take a look at everything north of 466. The Developer has not been involved there for years. It's all managed by the VCDD. That's what the rest of The Villages will be when the Developer is gone. Maybe I'm naive, but I found that very reassuring.

I still believe the Developer (Morse Family) will continue to develop for as long as land and retirees are available, but I plan to attend the VHA meeting on May 14, ("An Evening With The Developer"), to hear it myself. I'm guessing that topic will be addressed. Horse's Mouth. It's free, but you have to get a ticket from The Villages Box Office.

billethkid 04-11-2014 06:23 PM

Some things to keep in perspective or try.
Whether TV is building/selling/closing 300 per month or has "slowed down" to 175 per month have no bearing. Most developers would love to have TV slow season.

Homes in inventory is not a negative thing....they will sell. Building with no buyers gives TV the option to build now with materials at today's prices and sell later when materials are higher and home prices much higher. TV cannot lose by building into inventory.

I also once upon a time stated the term prospect home is really not accurate for what TV is doing. After all the experience in working with design criteria for years, TV has a good notion of what features to include in building houses. They build complete neighborhoods in the most efficient manner possible and then when everything is complete release the neighborhood for sale. TV cost to build a home is improved by doing business this way.
I think a more appropriate terminology is planned building, because that is what they are doing.

The other issue TV is dealing with is to maintain an offering price range that still is attractive to a large cross section of prospective buyers. Designer homes pricing for example is approaching $400-$500,000. Much different than 2-4 years ago.

For current residents the news is the best. The value of our homes continues to rise. And we haven't even had the benefit of the boomer bubble that is evolving.

All of the above are my conclusions and opinions.

Nothing but sunshine and good news here!

buzzy 04-11-2014 06:46 PM

Quote:

Originally Posted by Dr Winston O Boogie jr (Post 860402)
Dot's point about the location of Brownwood speaks volumes. It makes absolutely no sense to locate that town square on the edge of the Villages. Town Squares by their very nature are meant to be centrally located.

Spanish Spring to LSL = 3 Miles

LSL to Brownwood = 8 Miles.

I think he wanted it adjacent to rte 44, to bring in more customers for the Brownwood businesses & restaurants. That might level off the seasonal changes within The Villages.


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