THE VILLAGES - IS IT REALLY RECESSION PROOF?

By
Real Estate Agent with The Coven Team, Remax Realty Centre

Have you been to The Villages lately?  The traffic on Hwy 27/441 is amazing from Lady Lake to Belleview!  I was working with a buyer last week, navigating Buena Vista Boulevard and all of those round abouts, and noticed as many gold carts as cars!  The day was one of those Chamber of Commerce Days where it's not too hot, not too cool and no humidity.  All of the "snowbirds" were wearing shorts and t-shirts.  My buyer bought a bank owned home in the Village of Piedmont.  Now we need to sell his patio villa that is brand new and an end unit.  While I waited in the seller's real estate agent's office for the bank to respond, two more offers came and several more calls with other realtors wanting to show the same home!  I must admit it made me want to go to Starbucks at Sumter Landing and hand out my business cards!  Selling a bank owned property was so much easier than working a short sale.  I had the answer to my offer within eight hours and we can close in two weeks!  AND....while all the other developers are seeing very little traffic....The Villages is still building!!!!  Of course, not like two years ago.  What is it with The Villages?  Just travel the whole length of Buena Vista Boulevard and you will get a picture of just how large it is.  Alysa and I specialize in active adult communities from Lakes of Mount Dora to Legacy of Leesburg and as far north as Spruce Creek.  Pringle builds a very good quality home and so does Spruce Creek.  Both of them also have lots of amenities and low Home Owner's Association Fees.  Is it just too quite or what?  When I work with buyers in Pringle Communities, they react negatively to any home with a close back neighbor. BUT....talk about close neighbors!  The Villagers have mastered the art of landscaping for privacy!  When "it's all said and done"; how can you not like The Villages.  It's the retirement Disney World and has some of the same magic!! 

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Topic:
Home Buying
Location:
Florida Sumter County
Tags:
pringle
the villages
spruce creek
active adult
leesburg
legacy of leesburg
disney world
recession
starbucks
golf carts

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Ambassador
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Russ Ravary
Metro Detroit homes - Michigan Real estate & Mortgage info
Keller Williams Commerce

some people keep buying new homes when they can get an old one much cheaper

January 01, 2009 07:43 PM
Rainer
7,884
Peggy Coven
The Coven Team, Remax Realty Centre

Alysa and I represent The Villages on www.55places.com.  In the month of December we received 42 leads wanting information on the Villages.  You are so right - the deals are in the resales!!

January 01, 2009 08:08 PM
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Rainer
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Peggy Coven

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