Is the housing marketing slowing down in The Villages, FL ? Is it the time to purchase?
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- Опубликовано: 18 сен 2024
- Let's discover the current state of the housing market here in The Villages, FL. Prices are coming down and homes are sitting on the market.
Robyn Cavallaro
Florida Realty Investments
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It’s the overinflated prices of the homes, you’re right on the money … people want to make $100,000 profit on their homes that they bought really high 1-2 years ago … don’t think so, not realistic
We bought a new home in Dabney with the understanding the market could go up or down. We didn’t care cause we wanted to be here now and don’t plan on moving for a long time!!
Congratulations!
And now your maintenance fees have gone up 20% but the developers wanted it to be 56%. What do you honestly think is going to happen next year, especially with Don Wiley in office? You know the developers had all their subcontractors make donations to his campaign. Whose side do you think he will choose, yours or theirs?
And watch the rentals on your street. Love the airbnb .... NOT. Now you are screwed.
This is actually looking like a great time to buy. Best time in years. The fed was crazy to raise rates as much as they did as fast as they did. Now that they have announced a cycle of rate cutting that will begin in a couple weeks and is predicted to continue on for another year, I wouldn’t be surprised with the amount of buyers waiting on the sideline if we don’t see rates in the 4.5-5. % range by the end of next year and we see an explosion in demand again. And ppl will wish they bought at todays prices. We will see.
Thanks for this information… I appreciate your insight and videos 😊
You are so welcome!
Even in charlotte nc where homes sold in days now it seems like everything just stopped. My guess is since the fed is planning 3 rate reductions by 12/31 anyone not playing cash will now wait till the end of the year to buy.
@@991carreras3 agreed. Thanks for sharing
Many don't seem to understand that the 10 year treasury rate is what mortgage rates follow. Basically, buyers and sellers determine the mortgage rate every single trading day on the open market for U.S. treasury bills and bonds. If the Fed does cut while the stock market and home prices are trading at multi-year highs it will be sending a message that it approves of an even larger divide between the haves and have nots. The windup? I doubt the Fed lowers the funds rate in Sept unless the stock market takes a major tumble before the Fed decision. The good news for those who want to see the Fed lower is that there is a very good chance of a major stock selloff starting as early as this week. The bad news is that may well end up being the bad news. If stocks prices dump 20%+ across the board, the Fed will likely lower. But home buyers will definitely step to the sidelines to wait and see what happens next.
Haven't visited your channel in a while. I LOVE your hair color!
@@mavisrobin thanks
Thank you for being honest. Markets go up, and they go down. This is my 3rd Bubble/Crash I've experienced. I'm just surprised it didn't happen a year ago. BTW: I always enjoy your videos.
Thanks for sharing
I liked that. short and sweet and to the point with #'s, I think you do it right !!!
I bought in TV. It's a lifestyle purchase. Not a money maker - a place to enjoy! Life is a risk... might as well enjoy TV!
Well said! Thanks for watching and sharing
Love the Blonde Robyn , you wear it well👍 For us, the hesitation is pending election. One candidate will instill confidence in economy the other will continue current trend.
I’m glad you like the blonde covers up the gray. Thanks for watching.
People forget that it costs a lot to sell. Commissions, fees etc.
It does. But sellers factor that in when coming up with a selling price with their realtor
@@Robyncavallaro and you get a bigger commission.
We’re in Southwest Ohio and right now homes are still selling in a few days but occasionally you’ll see a slight price reduction but homes have gone up a $100,000.00 since 2020. Supply and demand.
Thank you for sharing
It's the prices! I think lots of older people, 60 plus don't want to pay the higher real estate prices. The past couple years home prices have gone too high. I'm in that age group and can't buy that high either. But like looking....and like your videos!
Thank you for watching and sharing your opinion
Great info, as always!! 🎉😊
Thanks!
I think most folks think they’re homes are great. Not updated. Dull tile. Black or white appliances in the kitchen. No granite countertops. Dull, dull, dull. Look at the homes developers are putting up in Eastport. You have competition. Get with it. Things are way overpriced in the Villages. Sorry, not sorry.
Thanks for sharing and watching!
Perfect timing for me, I plan to buy in early 2025 and I plan on using you.
Sweet! Let me know how I can help
I have been touring over 55 developments and when it comes to the Villages the whole development is overpriced in terms of square footage and lot size... The traffic outside the villages is very heavy.. Do not settle for one area without shopping around.
Agreed you will spend 30-40% more to live this lifestyle.
I am thinking of buying a house in The Villages at 48 years old. Have you seen someone that age buy a house in the Villages before? Thanks
Yes I know several people under 55 that own homes here. Call me to discuss
A few years ago, I rented a patio villa for a couple of weeks from a couple in their early 50's. They had owned the patio villa for a couple of years before that. They lived just down the street from their rental property.
@@Robyncavallaroof course you can. The Villages is not a 55+ community anymore, if it ever was. Buyers should understand that.
Is there a place for rent for about 1 week? Also looking for a gas range and not eclectic. Is that possible?
Can you do a video on "Selling by Owner" ⁉ In the Villages...
Hmmm. Not to be sarcastic but my business is selling homes and you want me to teach you how to sell yours without a Realtor® assistance?
@@Robyncavallaro YES ! Absolutely.. I would presume you are "confident" enough to appreciate your YT clientele and viewership extends well BEYOND your personal-for-profit (albeit legitimate) realtor motivations and ARE interested in such a relevant topic... 😊
it slowed down year ago
Thanks for the update, good information. I will be visiting TV in October for a week and would like to connect with you while I am there. Will reach out to you via email soon, thanks!
Sounds great!
Ummm, why would I buy now when in 6 months the home will be worth 15% less
@@steveg6978 I would love to see your crystal wall
In CT where my main
home is selling over listing price by $50,000. Shortages creat large returns
@frankleel8410. Not all places Frank, I've lived in CT my whole life only certain properties are
@danacaro-herman3530 Glastonbury no new building,homes are scarce and around I some are 100,000 over listing price .compared to the villages quality there is no comparison. That is the main reason I still live here as my primary home.
@@frankkeel8410 I understand that Frank but not everyone lives in Glastonbury #1, #2 in the The Villages one is buying a lifestyle. Some of the homes are beautiful there also, #3 most importantly, not everyone has the luxury of having 2 homes, get it?
Not if your buying another property which would also be over priced.
Those waiting to commit are holding for this Florida market to crash and don't wanna get hung with the evaporating value.
It’s just starting Hon! Wait until 2025. Ya’ll think real estate goes up 30% every year. Of course you only make money when someone buys OR sells! If I can talk my wife into moving up there- I’ve got your number! 😂
Let me know how I can help
We love it here, go for it!!
The Villages = Too Expensive, Too Many Fees, Too Crowded.
It’s not the community for everyone. Thank you for sharing and watching.
I was told recently that homes in the villages are going for about $220/sq. feet . That is down significantly from 2 years ago. A house on my steet got $280 /sq. feet only 2 years ago with no view or pool.
We cannot determine an "average" price per sq ft here due to we have homes from $150,000 to $2.3 million.
The villages is all a show. I was there last week. Looking at putting a business in villages. Geno Jarquin for commercial is a joke. I was thinking of buying a home is I opened a business there…the villages is just like McDonald’s and into real estate. Soon the villages will be like McDonald’s fighting to get customers in
Thank you for sharing
Big mistake to buy in the Villages. You could have 2 ,5 or more rentals on your new street. The building around the villages the rental apartments, the place is nothing special. The developer wants daily rentals. That ruins neighborhoods.
Thank you for sharing