Where do you think DVC resale prices are headed?

[glamdring269]

I’m going to have to track down this latest DVC show episode. Not wanting to show up on my podcast list this week for some reason.

 

[becauseimnew]

I’m going to have to track down this latest DVC show episode. Not wanting to show up on my podcast list this week for some reason.

Sticky on the board

 

[glamdring269]

Sticky on the board

Thanks I’ve never looked for the video version. Usually get it via my podcast app but must be behind on posting this week.

 

[RhodyKP]

Thanks I’ve never looked for the video version. Usually get it via my podcast app but must be behind on posting this week.

I’m fairly certain the DVC Show is YouTube only and not available as a podcast. Could be wrong though.

 

[meanwoodwhite]

I’m fairly certain the DVC Show is YouTube only and not available as a podcast. Could be wrong though.

No it is on Spotify at least.

 

[BruinEd03]

I’m fairly certain the DVC Show is YouTube only and not available as a podcast. Could be wrong though.

If you have an iphone, it is in the standard podcast app.

 

[bookwormde]

7/14 update

number of newly posted resale contracts at about 300-320% of average*


* Aggregating site is not updating so lower level is directly observed, upper level includes what is would typically only observed through the aggregating site.

 

[jade1]

I wonder what effect rental homes have on DVC. Ex these condos are closer to AK than AKL. They look very nice and only a few years old. But for example this sold for $413,490 in 2016. Asking $299,900.
4 ensuite BR and 5 bath.

 

[hlhlaw07]

I wonder what effect rental homes have on DVC. Ex these condos are closer to AK than AKL. They look very nice and only a few years old. But for example this sold for $413,490 in 2016. Asking $299,900.
4 ensuite BR and 5 bath.

View attachment 510369

I would venture to guess they have no effect on DVC.

 

[jade1]

I would venture to guess they have no effect on DVC.

Yea and the other thing on these, sure the "Sale price" might be down, but is the "rental price" down any.

I have no idea what WDW rental home prices are doing, or ever have done actually.

 

[lovethesun12]

I wonder what effect rental homes have on DVC. Ex these condos are closer to AK than AKL. They look very nice and only a few years old. But for example this sold for $413,490 in 2016. Asking $299,900.
4 ensuite BR and 5 bath.

View attachment 510369

Personally I just think covid is nuts, everyone is confused by it and has a different opinion of where this is going to go, some people owe money, some don't, some have kept their jobs, some haven't and it is all factoring into the ups and downs of tourism industry pricing right now.

 

[Brian Noble]

Liens are pretty common right now, for reasons @CastAStone mentioned. Sea World has some notable ones too. As I understand it, the contractors must file a lien if payment is later than <whatever> to preserve some legal protections.

I wouldn't read much into it other than the various units are trying to manage cash flow.

 

[iflyjetzzz]

Yea and the other thing on these, sure the "Sale price" might be down, but is the "rental price" down any.

I have no idea what WDW rental home prices are doing, or ever have done actually.

I can tell you that the Doubletree Disney Springs (a good neighbor hotel) has noticably lower prices later this year than they did same time last year. I imagine that all of the nearby hotel prices are lower which will in turn put downward pressure on Disney cash prices.

 

[sethschroeder]

Dear sites: Show me current, prior, and upcoming UY. Anything else makes it harder for me to buy from you, not easier.

Just to clear something up though.

You could have points all the way from 2019 to 2022 messed up since for a June 2021 booking you could have borrow from a '22 UY.

 

[CastAStone]

Just to clear something up though.

You could have points all the way from 2019 to 2022 messed up since for a June 2021 booking you could have borrow from a '22 UY.

I guess I didn’t consider that because that contract would have an outrageously delayed closing. But yeah I suppose that’s true.

 

[sethschroeder]

I guess I didn’t consider that because that contract would have an outrageously delayed closing. But yeah I suppose that’s true.

Not really they could have cancelled planed vacations and looking to sell.

Lots of contracts are going to come up by people who 6 months ago didn't think of selling.

 

[DougEMG]

I wonder what effect rental homes have on DVC. Ex these condos are closer to AK than AKL. They look very nice and only a few years old. But for example this sold for $413,490 in 2016. Asking $299,900.
4 ensuite BR and 5 bath.

View attachment 510369

That is some expensive property tax on that place.

 

[bookwormde]

7/15 update

number of newly posted resale contracts at about 300-310% of average*


* Aggregating site is not updating so lower level is directly observed, upper level includes what is would typically only observed through the aggregating site.

 

[chunks]

Any thoughts on the # of overall contracts available now vs February or March? Seems like these 300% days can’t continue into perpetuity unless there are 300% the buyers

 

[Hopfather28]

That is some expensive property tax on that place.

If you think those are high taxes you should see what that assessment would cost in New York State.