Zillow Advice: Neighborhoods - Gated Communities? http://www.zillow.com/advice-thread/Gated-Communities/395934/ Zillow Advice | Zillow Real Estate Thanks Ricardo.&nbsp; I am ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ Thanks Ricardo.&nbsp; I am a Realtor, so I understand the supply all too well.&nbsp; I am looking for any way to help my neighborhood sell.&nbsp; The developer dropped the price point from the 900's, to $650's.&nbsp; He thought this would be a magic bullet. Um... not so much.&nbsp; I don't want to lose my investment, so I am reaching out to the Zillow community for ANY ideas on how to help it sell.&nbsp; Obviously, gates are a mixed bag!&nbsp; Some hate it -&nbsp;some love it.&nbsp; Back to the drawing board! Fri, 22 Apr 2011 16:23:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-22T16:23:00Z The one thing that hasn't ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ The one thing that hasn't been discussed in this thread is the underlying reason why there isn't any interest. There is by some estimates a 48 month supply of inventory in the 650M - 1MM in Raleigh.<br/><br/>Homes that once sold for 2MM are now selling for less than 1MM. This isn't&nbsp;anecdotal&nbsp;either, I have a contract on y desk today for $840M with $1.75MM in liens against it. The bank I work for holds the first note at $1.375MM that was originated in 2007. Thu, 21 Apr 2011 18:18:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T18:18:00Z Personally,&nbsp; I dislike ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ <p>Personally,&nbsp; I dislike elitism and that is what a gated community looks to be.</p> Thu, 21 Apr 2011 12:15:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T12:15:00Z Just teasing a bit Dana...It's ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ Just teasing a bit Dana...<br/><br/>It's hard to give more than an honest first reaction to the idea ...You're there and it's a Tough decision<br/><br/>I do sympathize with having to think about or make that type of decision, it ain't easy....but you are going about it the right way IMO...<br/>You're listening, asking for feedback/opinions and I'm hoping it works out whatever happens Thu, 21 Apr 2011 03:20:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T03:20:00Z Clients have varied preferences. ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ Clients have varied preferences. While some prefer non-gated communities, most would want to have the opposite for privacy and security reasons. The greater chunk of buyers are attracted to gated communities and are willing to pay for the price. Thu, 21 Apr 2011 02:43:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T02:43:00Z Hi Dunes.... I know I meant ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ Hi Dunes.... I know I meant it more as a question... to Gate or not to Gate.&nbsp; I just want to get this land sold and homes built that are equal size to mine or MORE.... I am not an advocate of either way, just trying to poll this audience. Thu, 21 Apr 2011 02:22:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T02:22:00Z My first question would be.."Why ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ My first question would be.."Why the Gates?"<br/><br/>You mean "Gated" like Pebble Beach in California where you charge the "Tourists" to drive through and case your home? <br/><br/> Thu, 21 Apr 2011 02:06:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-21T02:06:00Z My thought when I see them ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ My thought when I see them is "how often do I have to stand sentry duty?"&nbsp; Personally I would say no.&nbsp; Wed, 20 Apr 2011 23:25:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-20T23:25:00Z thanks all for letting me ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ thanks all for letting me know I'm not nuts (or, perhaps I'm nuts but not simply&nbsp; because I hate gates!)&nbsp;&nbsp; No comments on that subject please.&nbsp; Wed, 20 Apr 2011 23:17:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-20T23:17:00Z I am always confused by the ... http://www.zillow.com/advice-thread/Gated-Communities/395934/ I am always confused by the gates. Are they to keep all of the criminals on the outside out or to keep all of the criminals on the inside in?<br/><br/>Either way gates look to me like a huge warning about crime in that area. Wed, 20 Apr 2011 23:12:00 GMT http://www.zillow.com/advice-thread/Gated-Communities/395934/ 2011-04-20T23:12:00Z