The Villages Q2 Real Estate Update

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  #1  
Old 07-31-2022, 01:02 PM
Altavia Altavia is offline
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Default The Villages Q2 Real Estate Update

For those not on the email list, Q2 Real Estate Update from The Villages.
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  #2  
Old 07-31-2022, 01:08 PM
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Spanish Springs
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  #3  
Old 07-31-2022, 01:09 PM
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Lake Sumter
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Old 07-31-2022, 01:11 PM
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Brownwood
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  #5  
Old 07-31-2022, 01:12 PM
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Link to the full document.

Q2 Market Update 2022
  #6  
Old 07-31-2022, 01:12 PM
Altavia Altavia is offline
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Deleted duplicate post...
  #7  
Old 08-01-2022, 07:44 AM
larcha larcha is offline
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How do you get on the mailing list for these updates?
  #8  
Old 08-01-2022, 08:05 AM
Stu from NYC Stu from NYC is offline
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With rising interest rates wonder how much price of homes will come down?
  #9  
Old 08-01-2022, 09:08 AM
flower7330@gmail.com flower7330@gmail.com is offline
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We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?
  #10  
Old 08-01-2022, 10:29 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by flower7330@gmail.com View Post
We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?
For one thing established landscaping. Also closing to shopping.
  #11  
Old 08-01-2022, 10:48 AM
Altavia Altavia is offline
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Quote:
Originally Posted by larcha View Post
How do you get on the mailing list for these updates?
Ask a Villages Rep to add you to the mailing list. They don't send a lot of spam.
  #12  
Old 08-01-2022, 10:50 AM
Altavia Altavia is offline
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Quote:
Originally Posted by Stu from NYC View Post
With rising interest rates wonder how much price of homes will come down?
It's been reported up to 80% of home sales here are cash.
  #13  
Old 08-01-2022, 10:51 AM
coconutmama coconutmama is offline
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Quote:
Originally Posted by flower7330@gmail.com View Post
We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?
We have added thousands into our home since we had it built. We expect to add a few more eventually. If you purchase a pre owned home you will most likely change a few things, but overall most of the usual upgrades will be done, which will save you time, aggregator & money. A lot of upgrades have gone up in price due to labor & material increases.

For examples, we have upgraded our floors, put sliding glass, electric shades & a/c in our lanai, as well as many other items.

Also our location is super. A stone’s throw to multiple pools, rec centers, dr offices and shopping.
  #14  
Old 08-01-2022, 10:54 AM
Altavia Altavia is offline
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Quote:
Originally Posted by flower7330@gmail.com View Post
We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?
The better locations sell fast, remaining inventory homes tend to have something less desirable about the home or location. They may be discounted as the areas is closed out
  #15  
Old 08-01-2022, 12:06 PM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Altavia View Post
It's been reported up to 80% of home sales here are cash.
I have heard that but for the other 20% who need a mortgage costs will go up and supply of buyers who can afford this place will go down.
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