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Post by helenabear on Jun 8, 2024 19:34:18 GMT -5
Congrats!
Not sure if you read their blog on monthly resale prices. The numbers don't lie and you can get a good feel of the market and pricing.
Interesting while everything is creeping downward, Poly and grand floridian is going upward. PVB suffered high ROFR. Saw as high as $160 taken. Plus FOMO. Also location location location. VGF seems stable. Due to location it's always been a higher sale.
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Post by brp on Jun 8, 2024 19:51:59 GMT -5
Interesting while everything is creeping downward, Poly and grand floridian is going upward. PVB suffered high ROFR. Saw as high as $160 taken. Plus FOMO. Also location location location. VGF seems stable. Due to location it's always been a higher sale. Surprised to see the decline in BCV and BWV due to their arguably superior location (I say "arguably" as a case can be made for them since they are walking distance to two parks, but folks can certainly disagree about the superiority of location). I see why VGF goes for me - it is just nicer, location aside. But surprised that, even with a premium, it is holding more stable than the Boardwalk properties.
It will be interesting to see what BCV and BWV finally drop down to where we bought them in 2008 or 9
Cheers.
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Post by helenabear on Jun 8, 2024 20:58:19 GMT -5
PVB suffered high ROFR. Saw as high as $160 taken. Plus FOMO. Also location location location. VGF seems stable. Due to location it's always been a higher sale. Surprised to see the decline in BCV and BWV due to their arguably superior location (I say "arguably" as a case can be made for them since they are walking distance to two parks, but folks can certainly disagree about the superiority of location). I see why VGF goes for me - it is just nicer, location aside. But surprised that, even with a premium, it is holding more stable than the Boardwalk properties. It will be interesting to see what BCV and BWV finally drop down to where we bought them in 2008 or 9 Cheers. I think it is really and truly more of an end of life issue like with BRV and OKW quitclaimed deeds. VGF is a longer contract by 22 years. There are only 18 years remaining on BCV and BWV. Using the averages from the article... mathing out points per year with the average BCV is $7.33 per point per year. BWV is $6.33 per point per year. VGF is $4.05 per point per year. Even with the jump PVB is $4.38 per point per year. BCV is a much smaller resort and has been higher in resale for that reason alone. Location is great for both sets of resorts. MK fans will want that area. Or those who dislike DHS as much as I do might flip a coin. So I think location of both might be equally as good just depending on the person. It truly comes down to number of years left.
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Post by brp on Jun 9, 2024 8:32:02 GMT -5
Surprised to see the decline in BCV and BWV due to their arguably superior location (I say "arguably" as a case can be made for them since they are walking distance to two parks, but folks can certainly disagree about the superiority of location). I see why VGF goes for me - it is just nicer, location aside. But surprised that, even with a premium, it is holding more stable than the Boardwalk properties. It will be interesting to see what BCV and BWV finally drop down to where we bought them in 2008 or 9 Cheers. I think it is really and truly more of an end of life issue like with BRV and OKW quitclaimed deeds. VGF is a longer contract by 22 years. There are only 18 years remaining on BCV and BWV. I knew about BCV and BWV, but hadn't realized about BGF. It was created/sold a lot later, so that should have occurred to me. But, having stayed, I definitely see the VGF appeal even if it is second to the Boardwalk for us. That's really the only place that has appeal, although we've not stayed at many. Since the others are not walkable to a park, the lose right off the bat for us.
Cheers.
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Post by helenabear on Jun 9, 2024 19:09:08 GMT -5
I think it is really and truly more of an end of life issue like with BRV and OKW quitclaimed deeds. VGF is a longer contract by 22 years. There are only 18 years remaining on BCV and BWV. I knew about BCV and BWV, but hadn't realized about BGF. It was created/sold a lot later, so that should have occurred to me. But, having stayed, I definitely see the VGF appeal even if it is second to the Boardwalk for us. That's really the only place that has appeal, although we've not stayed at many. Since the others are not walkable to a park, the lose right off the bat for us. Cheers. Admittedly this year we avoided PVB because the pathway is down. But I agree walkability is a huge thing for us. Next up is boats and then monorail. I want it easy and nice for me. But yes VGF has 40 years left. PVB 42. That's really significant. I'd say both are holding up well!
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Post by BWV Dreamin on Jun 14, 2024 17:12:51 GMT -5
Interesting text today. It was from one of the resales companies I put a bid in on for Polynesian. It was a new listing. They still had other Polys listed but this price was for $168/pt for 150 pt contract with 2024 and 2025 points.
It is the first contract to be listed under $180/pt. There are several Poly listings amongst several resellers. I wonder if this is the start of a new trend to back down from the hyper inflated pricing that happened over the last month and a half?
Or could there be some inside knowledge of lower opening direct pricing for the Poly Tower?
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Post by helenabear on Jun 14, 2024 21:10:16 GMT -5
Interesting text today. It was from one of the resales companies I put a bid in on for Polynesian. It was a new listing. They still had other Polys listed but this price was for $168/pt for 150 pt contract with 2024 and 2025 points. It is the first contract to be listed under $180/pt. There are several Poly listings amongst several resellers. I wonder if this is the start of a new trend to back down from the hyper inflated pricing that happened over the last month and a half? Or could there be some inside knowledge of lower opening direct pricing for the Poly Tower? My guess is that people are not willing to do the $200 until we know prices. Some are convinced PVB will sell for about that direct (I'm not knowing they took $160/point) but they'd rather see direct prices before plunking down the amounts they are asking for. I think $168 would pass. I would not offer below $165. Too many were taken.
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