Depends. I still think the best deals with features and price are the existing homes. Bonds are getting up there on the new homes. I like around 44 and love Fenney area.
@softballrz false. They are charging the sellers 5% commission and paying THEIR reps 2.5% each. They should stop misinforming people. Also, I haven’t written one offer where the seller still wasn’t paying the buyer commission. Lawsuit changed nothing.
@@gilborealty A buyer using the villages RE agent is not required to sign a buyer agreement for showing homes listed under them or pay at closing. However, a buyer using a MLS agent is required to sign a buyers agreement and pay accordingly at closing. Unsure why you said the original question was false
@@softballrz the only thing you said is true is the buyers agreement. Who cares about it?? It can be for a showing, a day or a week or an hour. Haven’t had any issue with that at all. And again, the sellers are still paying the commission of the buyers agent, just like the villages. At least with realtors you are getting separate representation. Use TV salesperson you are getting the builder ONLY who basically represents the seller, not you. Again, they are misrepresenting their relationship with you.
Builder near me in Ocala has a dozen homes under construction, all sold before lots are cleared. I'd like to sell and get into one. No HOA, large lots, well built CBS, water & sewer, unincorporated. So much inventory around I just don't think I could sell my house to move up.
@@clagueb3686 100%. They’ll be sitting on or abandoning many of those at some point. When the northern states inventory goes back up it will get worse down south. They are literally keeping the market going right now. It’s not Floridians buying homes.
If one desires to buy a home for the best value, why on earth would you consider buying now ?? Home prices continue to be well above normal home appreciation trends. With $0 annual prices increases, we will intersect the appreciation trend line in 2028. Home inventory levels are still more then 400k below normal nationwide levels. If you need to buy with a mortgage, rates are anticipated to drop by more than 1 full % by early 2025 which based on a $400k home purchase would be a monthly savings of ~$300. We are also entering a period of significant uncertainty, slow selling period, election, interest rate impact on home prices (could drive prices higher for short term), uncertainty of NAR settlement impacts to purchase price, as well as a slowing economy. Maybe the Spring of 2025 would be a better time to revisit as the dust may have settled by then, but buying now should be for other motivations and not for value.
It’s just an equity swap Michael. Get high dollar in my low inventory market and buy in a high inventory state like Florida, not necessarily The Villages. It’s working for now. Uncertainty is definitely a concern though. No one has a crystal ball.
There's no doubt inventory is up and closings are falling, but inventory SHOULD be at all time highs because the population and number of homes is larger than at anytime in the past. Housing increases over time as a natural consequence of growth. So you are very misleading by over-hyping the number of listings.
Not misleading at all. Inventory is up over precovid numbers in most markets for many reasons. Those saying we have a housing shortage are misleading everyone. They pick a few markets and make it seem the whole country is in a shortage. Completely untrue.
@@gilborealty Hello, why do you think the number of listings should be less than pre-covid, even though the population and number of housing units is larger than pre-covid. its illogical to expect the inventory number to be less than 5 years ago.
@@gilborealty Also, I totally agree with you that the housing shortage is being falsely hyped. The population hasn't increased to such an extent that housing could be in short supply across the vast majority of the Country.
@@bobjohnson2172 I don’t think that, that is what everyone is claiming besides me. Housing shortage for over 3 years they claim. There is no housing shortage, just overpriced housing and high rates pushing homes out of people’s budget. Inventory is plentiful in most places.
Most of the houses in the villages are glorified modular homes. Cheap windows, cheap appliances etc. Disagree all you want but you won't have any facts to back it up if you don't agree. I suppose the premiere homes may be more built to spec with higher finishes and upgrades but that's it.
Thanks for watching everyone! Please like and subscribe if you get a chance and have a rockin day!
Another great Video Thanks Mark God Bless
Looking at houses in TV. We sold today (house wasn't on the market yet) Where would you recommend, Shadybrooke, Deluna. Or new?
Depends. I still think the best deals with features and price are the existing homes. Bonds are getting up there on the new homes. I like around 44 and love Fenney area.
Love the FRED data. Just checked my state of CT. Inventory is trending up but still well below Covid levels. Crazy that it hasn’t bounced back.
@@trevorb5557 CT is one of those states with low inventory. People from NYC moving there.
30% price drop in 6 months
Could you tell me what is happening in the Panhandle of Florida - Panama City Beach in particular~
Speaking with someone at the Villagers agency. They are not charging a buyers fee on their listings. If true, my would someone buy off the MLS?
@softballrz false. They are charging the sellers 5% commission and paying THEIR reps 2.5% each. They should stop misinforming people. Also, I haven’t written one offer where the seller still wasn’t paying the buyer commission. Lawsuit changed nothing.
@@gilborealty A buyer using the villages RE agent is not required to sign a buyer agreement for showing homes listed under them or pay at closing. However, a buyer using a MLS agent is required to sign a buyers agreement and pay accordingly at closing. Unsure why you said the original question was false
@@softballrz the only thing you said is true is the buyers agreement. Who cares about it?? It can be for a showing, a day or a week or an hour. Haven’t had any issue with that at all. And again, the sellers are still paying the commission of the buyers agent, just like the villages. At least with realtors you are getting separate representation. Use TV salesperson you are getting the builder ONLY who basically represents the seller, not you.
Again, they are misrepresenting their relationship with you.
Builder near me in Ocala has a dozen homes under construction, all sold before lots are cleared. I'd like to sell and get into one. No HOA, large lots, well built CBS, water & sewer, unincorporated. So much inventory around I just don't think I could sell my house to move up.
@@clagueb3686 100%. They’ll be sitting on or abandoning many of those at some point. When the northern states inventory goes back up it will get worse down south. They are literally keeping the market going right now. It’s not Floridians buying homes.
If one desires to buy a home for the best value, why on earth would you consider buying now ?? Home prices continue to be well above normal home appreciation trends. With $0 annual prices increases, we will intersect the appreciation trend line in 2028. Home inventory levels are still more then 400k below normal nationwide levels. If you need to buy with a mortgage, rates are anticipated to drop by more than 1 full % by early 2025 which based on a $400k home purchase would be a monthly savings of ~$300. We are also entering a period of significant uncertainty, slow selling period, election, interest rate impact on home prices (could drive prices higher for short term), uncertainty of NAR settlement impacts to purchase price, as well as a slowing economy. Maybe the Spring of 2025 would be a better time to revisit as the dust may have settled by then, but buying now should be for other motivations and not for value.
It’s just an equity swap Michael. Get high dollar in my low inventory market and buy in a high inventory state like Florida, not necessarily The Villages. It’s working for now. Uncertainty is definitely a concern though. No one has a crystal ball.
There's no doubt inventory is up and closings are falling, but inventory SHOULD be at all time highs because the population and number of homes is larger than at anytime in the past. Housing increases over time as a natural consequence of growth. So you are very misleading by over-hyping the number of listings.
Not misleading at all. Inventory is up over precovid numbers in most markets for many reasons. Those saying we have a housing shortage are misleading everyone. They pick a few markets and make it seem the whole country is in a shortage. Completely untrue.
@@gilborealty Hello, why do you think the number of listings should be less than pre-covid, even though the population and number of housing units is larger than pre-covid. its illogical to expect the inventory number to be less than 5 years ago.
@@gilborealty Also, I totally agree with you that the housing shortage is being falsely hyped. The population hasn't increased to such an extent that housing could be in short supply across the vast majority of the Country.
@@bobjohnson2172 I don’t think that, that is what everyone is claiming besides me. Housing shortage for over 3 years they claim. There is no housing shortage, just overpriced housing and high rates pushing homes out of people’s budget. Inventory is plentiful in most places.
Most of the houses in the villages are glorified modular homes. Cheap windows, cheap appliances etc. Disagree all you want but you won't have any facts to back it up if you don't agree. I suppose the premiere homes may be more built to spec with higher finishes and upgrades but that's it.