Thunderstorms in Ocala Florida

I heard in the past that central Florida is the lightning capital of the world. I just read that it is actually in Africa. There is a area that stretches from Tampa to the Space Coast that has more lightning strikes than any where in the US. Although Ocala is a little north of that area we get serious thunderstorms and lightning is a real problem.

My personal experience with lightning was 3 or 4 years ago. A huge blast shook my house so much so that I went outside in the pouring rain to look for a hole in the roof. Seeing nothing I went back inside. A short while later I went to the garage and saw the clock for the irrigation system in the middle of the floor. A bolt of lightning hit the ground in the back yard. It got into the wires that lead from the sprinkler clock to the control valves. The electricity followed the wires inside and blew the clock off the wall. Then it traveled into the house wiring and blew up my desktop computer in my home office on the opposite side of the wall. I learned my lesson and now have every electronic device in my house plugged into a high quality surge protector. I also have a surge protector on the electric meter to protect the major appliances.

 

Ocala Florida Real Estate Market Report for May 2015

$10,000 to $100,000 303
$100,001 to $200,000 200
$200,001 to $300,000 48
$300,001 to $500,000 21
$500,000 plus 12
Total residential sales 588
Median Days on Market 105
Average % of Original list vs Sold Price 92.7%
Active Listings 3370

Sales in May were down a little from the 631 closings we had in April but it was still a good month. May is probably the last month where sales can be attributed to snowbird contracts. At least until we get going again in the late fall.

I know I’ve said this before but I may not have said it recently so here it goes. I think the Ocala area is going to have a housing shortage and a sellers market. Building almost stopped after the crash in 07. No one has started a significant new development until this year. That’s 8 years without new homes adding to the inventory in an area that attracts buyers from outside the area.

Statistics used for this blog post are from the Ocala Marion County MLS and are deemed to be accurate at the time this blog was written but are not guaranteed. All information is time sensitive and subject to change without notice. Home sales are for Marion County only and do not include FSBO, homes sold by builders or by auction that were not  listed on the MLS, commercial properties or vacant land. Residential sales do include farms, mobile homes and condo’s.

Buying a Home in Ocala contingent on Selling an Existing Home

Sellers here in the Ocala area will often accept an offer contingent on the successful closing of a buyer’s existing home. The buyers home must be under contract with a reasonable closing time of say 30-60 days. 

Florida real estate contracts have firm performance dead lines. When negotiating a contract the buyer and seller agree on a closing date. In general we expect to close on the agreed on date.

A problem can result if the buyer is from a state without a firm closing date such as New York. In NY for example they close on or about a given date. I have no idea how people can plan their next move or schedule movers or anything that way. On 3 separate occasions I have had buyers from NY who were not able to close on time here in Florida due to some delay with their existing home sale.  

Ocala Florida weather report for June 2015

It has been an unusually warm dry spring at least where I live in SW Ocala. However June is the start of our wet season. There is a little humidity in the air and we’ve had afternoon thunderstorms the last couple of days.

June is also the beginning of hurricane season. Every year I say the same thing. Ocala is one of the safest places in Florida for hurricanes. That’s one of the biggest reasons that I moved here myself. As far as I can determine Ocala has never been hit by a hurricane. In 1968 Gladys passed close to Ocala knocking down a lot of trees. I moved here in 2004 when the remnants of 4 hurricanes with tropical storm winds hit Ocala. There was a huge amount of rain and a lot of downed trees but that was about it. Here in SW Ocala near the 55+ communities I didn’t even lose my power. 

Ocala Real Estate Market Report April 2015

$10,000 to $100,000 318
$100,001 to $200,000 215
$200,001 to $300,000 63
$300,001 to $500,000 25
$500,000 plus 10
Total residential sales 631
Median Days on Market 105
Average % of Original list vs Sold Price 92.3%
Active Listings 3376

It was an excellent month for home sales in Ocala. As I keep saying the buyers market is coming to an end here in Marion County. Inventory has been going down. The median price of homes being sold is going up. 

As a buyers agent I don’t see the same selection as a couple of years ago especially in the lower priced homes. List prices are going up and selection is beginning to go down. Houses in pristine move in condition are in demand. 

Statistics used for this blog post are from the Ocala Marion County MLS and are deemed to be accurate at the time this blog was written but are not guaranteed. All information is time sensitive and subject to change without notice. Home sales are for Marion County only and do not include FSBO, homes sold by builders or by auction that were not  listed on the MLS, commercial properties or vacant land. Residential sales do include farms, mobile homes and condo’s.

When buying a home there are things you can’t change

When I’m showing homes to buyers I like to say there are things you can change and things you can’t change. You can change the paint colors, you can replace the carpet with some other type of flooring and you can even do a kitchen remodel. You can’t change the lot the house is on. A lot of people want a private lot or a home with a view. It’s hard to change the floor plan in a home in Florida. A block home on a concrete slab is harder to expend and some things like plumbing are beneath the concrete. In 55+ communities the homes are too close together to expend the size other than maybe the Lanai in the back. As a buyer you need to set priorities. Get the things that can’t be changed like a great floor plan or a nice view. Don’t get bogged down on paint or carpet they can be changed.

Ocala Florida weather report for May 2015

It’s been a crazy spring weather wise here in Ocala. March and April were exceedingly warm. Many days being a good 10 degrees above normal. The first few days of May have actually been cooler than many days in the two previous months. We have also had quite a bit of rain for the dry season and a little humidity as well.

In a normal year May is a transition month. We move from the dry season into the wet season. The temperatures heat up to the high 80′s and low 90′s and the humidity returns.

Ocala real estate market report for March 2015

$10,000 to $100,000 313
$100,001 to $200,000 202
$200,001 to $300,000 62
$300,001 to $500,000 19
$500,000 plus 11
Total residential sales 607
Median Days on Market 112
Average % of Original list vs Sold Price 91.8%
Active Listings 3497

March was a huge month for home sales here in Ocala and surrounding Marion County Florida. It shouldn’t be surprising March is always a good month as a result of sales to snowbirds.

As I’ve been saying for a while now from my personal observations the market is changing. Just like several years ago sellers didn’t realize that the market had changed now buyers are going through the same thing. I recently had a buyer who thought making an offer 30% below list price was reasonable. He was disappointed that the seller didn’t take him seriously. The days of low ball offers are over. Nice homes in good condition are selling and the best actually get multiple offers.

Statistics used for this blog post are from the Ocala Marion County MLS and are deemed to be accurate at the time this blog was written but are not guaranteed. All information is time sensitive and subject to change without notice. Home sales are for Marion County only and do not include FSBO, homes sold by builders or by auction that were not  listed on the MLS, commercial properties or vacant land. Residential sales do include farms, mobile homes and condo’s.

Fishing near Ocala

The above video is by someone I sold a 55+ home to a couple of years ago. He is a kayak fisherman and fishes in the Gulf off of Yankeetown. He has a You Tube channel full of kayak fishing videos be sure to check them out.

You can also fish from shore in the Gulf not far from Ocala. Yankeetown and Crystal River are about a 45 minute drive from SW 55+ communities. The state has fishing docks all along the coast. I like fishing in the Barge Canal. At different times of year you can catch different species of fish including redfish, sea trout (not a real trout), Amber Jack, Sheepshead and Sharks among others.

Just another reason to move to Ocala.

Fishing dock florida barge canal

View from fishing dock

 

Ocala Florida weather report for April 2015

March Azalea in bloom

It has been an unusually warm spring here in Ocala. As soon as March began we had temp’s in the 80′s. That is unusual as March begins kind of cool in the low 70′s normally. As the month went on we had numerous days in the high 80′s which is about 10 degrees above normal. If you follow my weather blogs you know I’m not happy with these warm temperatures. There is nothing I hate more than using the AC in March ! The warm weather has continued into April with more 10 degree above normal temperatures. At least it’s not humid yet. The humidity usually holds off until mid to late May.

I realize you folks that still have snow on the ground have little sympathy for my complaining about the warm weather. If you can’t take another snowy winter then call me, email me or use my Dream Home Finder. Remember my unconditional guarantee. If it ever snows at your new Ocala home I’ll come over and shovel your driveway for free.

 

Joe Dallorso
Fontana Realty
7668 SW 60th Avenue #200
Ocala FL 34476
352-598-4340

EMAIL JOE
Ocala FL Weather
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