Talk of The Villages Florida - Villages Slashing New Home Prices 6%

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- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Villages Slashing New Home Prices 6% (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/villages-slashing-new-home-prices-6-344726/)

Quote:

Originally Posted by OhioBuckeye (Post 2265286)

But at the time it was good, the Feds have to much control & the American people have no say so what’s going with the economy.

Judging by some of the quotes, questions, answers and math in general just on TOTV, I reckon the Feds made a wise decision!

Quote:

Originally Posted by BrianL99 (Post 2265258)

I hate to throw shade on people's dreams, but Sawgrass & Eastport are never going to be the "Center of The Villages", they're merely way stations on way to more semi-urban sprawl.

In case you've been sleeping or just not paying attention, the Developer keeps refining his development model and the "Town Square" concept is gone. Gone are the days, when the amenities are built before new homes. It's a different world out there.

Gary Morse was a visionary and creator. His progeny are simply riding his coattails, living off his reputation and milking the cow for as long as they can. The "Developer" is no longer a creator, they're just land developers and home building coordinators. Slapping up subdivisions as fast as the market can absorb them.

Conflicting complaints. Love it.

They keep selling those houses

Quote:

Originally Posted by Papa_lecki (Post 2265174)

I will predict those new places going in across from Richmond will NOT be discounted and will sell out in about 5 minutes.

I think that they've been waiting to put those homes up until after they dump all those wilderness homes in Lake Denham.

There is no bargaining with the design folks. Prices are what they are and you have the choice to upgrade options with them or do make changes later after you settle.

Quote:

Originally Posted by CoachKandSportsguy (Post 2265293)

Are you advocating market timing to buy a house? Selling one house and buying to live in another is a net neutral to net positive financial decision. . . which most of TV home buying is built upon.

Confusing a first time buyer, requiring furniture, etc, is not the same most buyers in TV, where they are selling one, can bring their own furniture, and buying another of lesser or equal value, without a mortgage.

Market timing buying a house in which to live, if done right, requires selling the top and renting from market top to market bottom which means that you are reducing your capital to buy, assuming retired and not working, through rent, and if long slow enough decline, you won't have enough capital to rebuy. . .

so the whole discussion is better for the people looking to buy AS LONG AS the house they want is part of the price reduced, or is a price only decision. Housing purchases are more emotional than a commodity price only purchase, so not sure the price discount is anything but a spare time filler, or convenient for a few current buyers.

meaningless here in TV

With all due respect, I find it difficult sometimes to follow your logic. Why is "Selling one house and buying to live in another a net neutral to net positive financial decision" when "most buyers in TV" are "buying another of lesser or equal value"? Are you suggesting, most TV homeowners downsize?

You market timing paragraph is spot on if someone is actually crazy enough to try and time ANY market, especially one that deals with the displacement of where you lay your head at night.

I think market timing comes more into play with the TV homeowners that are possibly looking to upsize. If you are perfectly fine with the house you're living in but would consider something better, maybe waiting 6-12 months in a market that is trending down, could prove beneficial.

Not a real Slashing...

July 2010. 15% off. Closed October 2010

Things could be worse.

Housing sales slow every summer, it will pick back up. It actually is that way across Florida in retirement areas. Been selling in Florida for 27 years and it has always worked that way. Cities with families are different, they sell best in the summer months.

Be careful buying houses from Property of the Villages agents. They are not realtors and do not hold themselves to the same standards. They don't tell buyers if there are any violations on the property. A perfect example is the stone issue.

I'm in Lake Denham. I have a view lot so I doubt I could have saved money if I waited. But a realtor at an open house last week said the Eastport area, starting in Moultrie Creek houses will have price increase of 5-10%.

Quote:

Originally Posted by frayedends (Post 2265447)

From a sales agent, that carries as much weight as "No more building past 466."

Quote:

Originally Posted by Two Bills (Post 2265451)

From a sales agent, that carries as much weight as "No more building past 466."

“The The Villages housing market is somewhat competitive. The median sale price of a home in The Villages was $375K last month, down 3.7% since last year. The median sale price per square foot in The Villages is $244, down 6.0% since last year.”- The Villages Housing Market: House Prices & Trends | Redfin

The Developers price cuts are in line with Redfin. The stagnant market may get revitalized with the breakup of the NAR and its suits though?

None of this recent local home price information seems to be very different from trends of the national median home price.

Quote:

Originally Posted by Ldogg21 (Post 2265443)

Sounds like someone did not do their due diligence.

Time to remove your stone and install grass.

:1rotfl::1rotfl: