Based on May data I have collected so far, it's looking like the current environment is not conducive towards sales. Much of the data for May deeds on the county website may have been contracts prior to consumer sentiment picking up (as reported yesterday in markets).
Through May 27th data, PVB is on pace for it's worst sales month since Island Tower sales started. CFW is looking like it's 3rd or 4th worst, possibly not breaking 4000 points. I don't track Riviera but think it's also been a slow month.
I know some people reported guides love the 15 year mortgages and have indicated it helped them with sales. If this is true, without the 15 year mortgage, sales would be even worse.
Still, I'm wondering if Disney may decide to do something because of sales. Things can change rapidly and I always caution county data is a lagging indicator. Entirely possible Disney doesn't care or sees this as a short term blip.
July-September is Disney's 4Q. Will DVD be happy knowing Island Tower boosted sales over 2024 year? Or are they concerned that sales direction is trending down heading into 4Q? So many variables weigh into their decisions that we have no clue about.