[tom-kat0]

Does anyone have an idea as to what housing values are like in the villages? Has the bubble burst in this area compared to the rest of florida or is it coming to this area? I am thinking of buying a place. thanks

[Lilybeans]

They are still building. check zillow.com and you can get a pretty good idea.

[doggiebus]

My parents are looking at the Villages, and said the home prices there haven't fallen at all. My mom thinks its because people are not selling or are keeping their home prices high, as these are usually 2nd/3rd homes for many, and so they don't need to sell or lower the price.

[seeriously]

The prices in the Villages were never really high to begin with. I wouldn't expect much of a drop. All Florida is not created equally.

[OneSweetWorld]

The Villages are about 20 miles south of where I live and can tell you that they are still building and the niche market they cater to has not lost much of its edge. I review the development applications for the Villages and can tell you they are planning on building a new 3 million square foot commmercial/retail area called the Brownwood Center.

[Bette]

I just had an appraisal done in The Villages - it is down about 15% from 2006 from when this couple bought the home.

However, there is still demand and when there is demand....

[faithfulFrank]

I own a home in another gated 55+ golf community about 13 miles south of The Villages. home prices around us have fallen about 10% from around 3 years ago.

There are many nice communities in the area.....

Frank D.

[stars99]

Having a little bit of a problem lately--I don't know if this will affect new buyers there:
The Villages: Central Florida retirement community, The Villages, locked in multi-million-dollar battle with IRS -- OrlandoSentinel.com

[Colorado Belle]

I wonder if the IRS Iien can be passed onto the homeowners? I suspect the deveIopers couId issue more bonds to pay the IRS.

I'm interested in the ViIIages but might reconsider and onIy rent there untiI this is over.

[Honeycrisp]

Not sure about the liens but a lot of people rent there before buying (or not buying) to get acquainted w/ the area and lifestyle, that's not a bad idea. LIke f.Frank said, there are many 55+ communities in the area although The Villages are prob. the best known and largest, they offer a lot (tons of clubs and activities) but some of the smaller ones may be a better fit, it all depends what one is looking for and most comfortable with.