The Villages, Florida Real Estate Market

[@bobrebera494]

Nice job-great info

[@noreenn6976]

Hi David, always enjoy your updates!

[@davidisinflorida]

Hello Noreen!! Happy to see you still watching!

[@weareallamericans7358]

David, there is absolutely no distress, when you consider days to sale to 2 years ago, when everything was totally abnormal. Less than 60 days to sell a home is a perfectly healthy market 😁

[@davidisinflorida]

Hello! I agree that the real estate market in the Villages seems healthy today. I worry that our bubble will not be able to withstand nation-wide market pressures.

[@rhhornbeck]

Hey David, as always, I appreciate your analytics!

[@davidisinflorida]

Hello! Thank you for the encouragement!

[@davidisinflorida]

Hi Rick!!

[@weareallamericans7358]

Obviously there's plenty of vacancy on the commercial side, so pricing will be reflective of high rates in combination with those vacancies. This is not the case on the residential side, so we can't expect the same type of market 🤑

[@michaelsd284]

Hi David, thanks the video. Question for you, do you and how do you account for home that went pending and subsequently fall out of contract? I'm starting to notice more an more homes falling out contract. Wondering if we are seeing cold feet from buyers or if lenders are not accepting the home valuation.

[@davidisinflorida]

Hello Michael! You raise an interesting thought, I will take a look at this.

[@billknudson2236]

Any thoughts on Altos Research? MLS data at zip level.

[@davidisinflorida]

Hello Bill! I looked at Altos. It does seem to fill a need, although, as you point out, at the ZIP code level. It seems to not allow a city filter (i.e. The Villages.) My data is geolocated to each property individually, this enables much more exact searching for specific features. We also process the data to analyze and visualize (i.e. $/square foot) more effectively.