Ocala Marion County Florida Foreclosure Report Feb 2010
This is my first Ocala Marion County foreclosure report. It is intended to give buyers an idea of what the Ocala foreclosure market looks like.
The total number of foreclosures sold in Marion County during February 2008 was 116.
Homes built between 2004 and 2008 accounted for 56 out of the total or 47%. These were homes built during the real estate boom years and are selling for about half of their original price.
The huge Silver Springs Shores area which is divided into the North, South and East accounted for 49 foreclosures. Of these 49 sales 28 were built in that 2004-08 period.
Marion Oaks had the next largest number of foreclosures at 19. Marion Oaks had 13 of 19 sales built from 2004-08.
The 55+ communities accounted for only 3 sales. Ocala area 55+ foreclosures are hard to find. I sold 2 55+ foreclosures in 2009. One was almost never lived in and the other needed work but had a golf view. So they are available. An alternative that gives a much larger selection is 55+ estate sales.
Two Marion County farm foreclosures were sold in February. There are farms available as foreclosures in the Ocala area. As of the writing of this blog post there are 8 farms for sale as foreclosures ranging from $279,500- to 1.7 million.
If you’d like a list of Ocala foreclosures send me an email, give me a call or use my Dream Home Finder. Be specific in what you’d like to see. There are 316 foreclosures for sale as of today!! I can’t send you every one. I need to know the sq ft of lining area, beds & baths, age range and price range at a minimum.
Check out my Ocala Foreclosure Guide for more about buying a foreclosure.
