Resale Prices Declining Overall


They don't really seem to be all that much lower, and the volume of contracts available is lower now, too. That said, I think we are potentially in for a rough economy in a few months.

When I looked at the last month or so of direct Riv purchases, it appeared that about 2/3 of people are financing, at least at first. We may see more deed-in-lieu-of foreclosures (aka, returning your contract to Disney) and more contracts for sale in addition to lower prices if the economy does get rough. It appears (based on occompt) like a lot of direct buyers in the last five years may have significant outstanding loans against their contracts, so many of those contracts may go back to Disney if they can't afford to keep paying and don't have the equity to sell on the private market.
 
I had a small contract I was planning to sell in a couple years, but I listed it a couple months ago and recently closed on it. I'm glad I did that b/c now I'm at the number of points and locations that I'd like to have going forward, and I wasn't sure how the market would be for selling it in the future.
 
Honestly I would like to see the math without RIV and VGC.

RIV seemingly is settling in while VGC now has a sister resort that is actively being sold so its not the only option for west coast Disney fans.

I would also personally throw out Vero, Hilton, Aulani as those resorts are fairly meaningless to the value of Disney Park DVC and more specifically WDW resorts.

Its actually not doing to bad honestly compared to where I thought it might drop based on current events. Possibly won't see the drop like I was thinking.
 
Some of my thinking on all this is changing as I look at current reports on the economy. So, aside from government jobs, there aren't massive layoffs. So most people still have the same jobs, same level of income. I think we're likely looking at the cost of some consumer goods to go up. I just got a list of price changes from Withings (consumer medical device company) with their projected mid-May increases due to tariffs. Some items shifted from $129 to $199. That's huge. My sense is that consumers--and I mean consumers in the top 25% of household income, which is the center of the DVC market--aren't going down this path for optional purchases very often, but they will still have the same level of income. Some of this will be directed at more expensive necessities, like groceries. Hopefully some of it goes to savings. But I think that the level of larger purchases, such as new cars, big toys (like jet skis) are just going to crater out in the coming months, as consumers wait for policies to change on large ticket non-essentials, even if that means three years. So people might be more open to buying non-tariff purchases like DVC (both direct and resale) with whatever disposable income they have left. So maybe there's actually some small upward pressure here on prices, assuming the current level of employment holds--which is a huge "if." Strange times. And if layoffs really start to kick in, particularly for highly-skilled, high salary employees, we'll see lower DVC prices, but oddly lower employment in those groups isn't really happening yet.
 
Some of my thinking on all this is changing as I look at current reports on the economy. So, aside from government jobs, there aren't massive layoffs. So most people still have the same jobs, same level of income. I think we're likely looking at the cost of some consumer goods to go up. I just got a list of price changes from Withings (consumer medical device company) with their projected mid-May increases due to tariffs. Some items shifted from $129 to $199. That's huge. My sense is that consumers--and I mean consumers in the top 25% of household income, which is the center of the DVC market--aren't going down this path for optional purchases very often, but they will still have the same level of income. Some of this will be directed at more expensive necessities, like groceries. Hopefully some of it goes to savings. But I think that the level of larger purchases, such as new cars, big toys (like jet skis) are just going to crater out in the coming months, as consumers wait for policies to change on large ticket non-essentials, even if that means three years. So people might be more open to buying non-tariff purchases like DVC (both direct and resale) with whatever disposable income they have left. So maybe there's actually some small upward pressure here on prices, assuming the current level of employment holds--which is a huge "if." Strange times. And if layoffs really start to kick in, particularly for highly-skilled, high salary employees, we'll see lower DVC prices, but oddly lower employment in those groups isn't really happening yet.
I agree with this because i haven't felt any price changes tbh yet, all our bills are the same and groceries were sky high before and they're the same now, same with gas in California so why would i do anything different 🤣🤣
 



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