Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
|
||
|
||
Quote:
__________________
ARE VILLAGERS OLD OR ARE THEY RECYCLED TEENAGERS At my age rolling out of bed in the morning is easy. Getting up off the floor is another story. "SMILE... TOMORROW MAY BE EVEN WORSE!"
|
|
#17
|
||
|
||
Quote:
We've all seen people cheap out on a tip in a restaurant or use a calculator to divide a dinner check. I'm doubtful that these same people would choose to pay for the magnificent flowers and landscaping that most of us love.
__________________
New York State, Alabama, South Carolina, Texas, Italy. |
#18
|
||
|
||
I believe with the cost of fuel this may be the best place to live, being so golf cart friendly. Access to stores and medical facilities is a big plus. The best possible thing they should do now is connect the neighboring cities with cart access and property here would be a Bonanza. I know a lot would dislike this but even an airport nearby. So close to being a MEGA CITY now .
|
#19
|
||
|
||
Quote:
|
#20
|
||
|
||
Quote:
If this does not happen, I think (putting on my Finance hat for a minute and JMO) that we will see some price increases. As baby boomers age, more and more will want to move to warm-weather locations. I also expect that there will be some "flips" in the historical section. However, I think our gains will be steady and sustainable - mainly because no more than 20% can be owned by persons less than 55 years old. k
__________________
Holyoke, Mass; East Granby, Monroe, Madison and Branford, Conn; Port Clyde, Maine; North Myrtle Beach, SC; The Village of Bonita (April 2009 - ) |
#21
|
||
|
||
LOL, then there is the alternate IMNSHO, In My NOT so humble Opinion.
__________________
Dallas Cowboys Football! It's why I drink. A lot. |
#22
|
||
|
||
As the resale homes in TV are very inflated compared to other areas of Florida, as to price because they are riding on the proposed prices of the new homes, once TV goes into buildout, I would think the prices would revert to closer what they are in other areas of Florida at that time.
Case in point, a house the size of mine (1780 square feet), without a pool, sells for 239-259 in the Villages, and in the Tampa area, with a nice pool, large birdcage and spa, that same square footage, because of the foreclosures and they way property is being appraised using those foreclosures as comparables, estimated value to sell is $160,000. Not really a reason for that difference. You buy the lifestyle by paying your amenities fee every month, taxes and bond payments for building those amenities, it shouldn't effect the price of the house as well. I think when you go to all resale, you will see a downturn. I could be wrong, we will see . . . Hopefully in four years prices will be better all around. I have been told by to expect at least four years to bring the market back to 1/2 of what it normally would be. Richard and Lee in Tampa, for now. |
#23
|
||
|
||
IMNSHO, IMNSHO will not be widely used!
__________________
ARE VILLAGERS OLD OR ARE THEY RECYCLED TEENAGERS At my age rolling out of bed in the morning is easy. Getting up off the floor is another story. "SMILE... TOMORROW MAY BE EVEN WORSE!"
|
#24
|
||
|
||
Quote:
BTW the main reason for the final buildout to have been extended is due to the economy. The number of new houses being sold is less than half of what it was 3-5 years ago. No additional land has been purchased by the developer during this time period, (at least that is what has been reported on TOTV in the past). |
#25
|
||
|
||
It is still a function of supply and demand. Yes people pay for the maintenance of the life style with the amenity fee. They buy into the life style when they buy a home. So far the demand for that life style has created a market that can support higher then normal Florida home prices. The new homes do not cause home prices to be higher. It is The Villages life style that is the root cause for that. If it was just new homes, why are new homes in the other Florida locations not higher then resale? As long as people like this way of living the price premium will continue regardless of new or resale.
__________________
Life is to short to drink cheap wine. |
#26
|
||
|
||
Quote:
__________________
Maine, 61.5 years. The Village of Liberty Park. "Live life while you're alive, because when you're dead, you're dead a long time".- Roland Michael Curtis |
#27
|
||
|
||
As others have stated, it is a supply and demand situation:
If there are x number of homes in a concentrated area of a particular part of FL where there are "currently normal" numbers of foreclosure, short sales, etc. and demand for all the homes is low, the prices will reflect that scenario. On the other hand, mirror that same thing with lower-than-standard numbers of foreclosures and short sales and throw in high demand (regardless of the reasons for the high demand), prices will be higher. So far in TV, the demand is generally ahead of the supply. Bill |
#28
|
||
|
||
One big factor after the build out will be what will happen to the amenity fee. Since, the developer is not making $$$$ on new homes will he look for a higher return in owned assets in TV increasing costs to the residents. This will affect the supply and demand for homes. Paying more for the lifestyle in fees will reduce property values. If fees remain constant the premium for lifestyle will continue to be in the property value. What will be will be so I will continue to enjoy the lifestyle in TV and all it has to offer.
|
#29
|
||
|
||
Quote:
__________________
Holyoke, Mass; East Granby, Monroe, Madison and Branford, Conn; Port Clyde, Maine; North Myrtle Beach, SC; The Village of Bonita (April 2009 - ) |
#30
|
||
|
||
Quote:
__________________
Holyoke, Mass; East Granby, Monroe, Madison and Branford, Conn; Port Clyde, Maine; North Myrtle Beach, SC; The Village of Bonita (April 2009 - ) |
Closed Thread |
|
|