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Record-Setting Years for Master Planned Communities
by Kelly Godbey
Ideal-LIVING
wishes to congratulate our readers and advertisers on record-setting years in 2020 and 2021. The last two years have been a wild ride in real estate with record-breaking sales volume and sales prices. After the initial shock of the pandemic wore off, thousands of homebuyers fled highly populated areas with high taxes for warmer destinations with more space and ample opportunities for outdoor living and socializing.
Almost 55,000 of Ideal-LIVING’s subscribers chose to relocate during this time. The top states they relocated to were Florida, North Carolina, South Carolina, Tennessee, Georgia, Arizona, Virginia, Delaware, Pennsylvania, and Texas.
With so much demand for homes, prices increased at least 20% year over year. Builders and developers are struggling to meet the demand. They genuinely want to build homes and a life that works for you, so please have patience with the process. Chances are your home value has dramatically increased as well, so expect the desirable locations to have increased at least as much or more. Do your homework before you visit, and be prepared to make an offer when you find your ideal home. You will find your ideal home and life; it just takes some preparation.
With demand remaining at all-time highs, it’s hard to see an end in 2022. So, we reached out to builders and developers in our top markets for their input. Though we could not include everyone's story in this issue, all master-planned communities across the country have seen an influx of new buyers. On the following pages, you’ll find their record-breaking sales, what’s happening in their communities, and thoughts for the future. Start by choosing the area that best suits you.