Archive for March, 2010
Rainbow Springs Woodlands is very nice sub division just north of Dunnellon. Building began in the Woodlands in 1976 and there are vacant lots still available today. All the roads are paved and all homes are on lots 1 acre or larger. Most lots are wooded with plenty of shade trees unlike a lot of other Marion County communities. Most homes are concrete block and stucco but there are a few frame homes mixed in. Deed restrictions prohibit mobile and manufactured homes. There is an HOA with a minimal $8.00 per month fee. Deed restrictions are minimal. If you’re looking online and see the A1 zoning be aware that the deed restrictions over ride the zoning and this is not a community for horses. To see the location of Rainbow Springs Woodlands in relation to Dunnellon and Ocala check out my Dunnellon sub division map.
If you’re looking for a quiet, peaceful area with a house on an acre or larger lot then you should put the Rainbow Springs Woodlands on your short list.
To get a list of homes in Rainbow Springs Woodlands that are for sale just call me, email me or use my Dream Home Finder. I’ll set you up a Listing Cart on the Ocala Marion County MLS for Rainbow Springs Woodlands or any of the other Rainbows.
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.
|$100.00 to $100,000.00||182|
|$100,001.00 to $200,000.00||76|
|$200,001.00 to $300,000.00||19|
|$300,001.00 to $500,000.00||5|
|Farm properties all price ranges||10|
|TOTAL ACTIVE LISTINGS FOR MONTH||5,389|
There were 283 sales of residential homes in Marion County during February. That’s pretty good considering some contracts were probably written over the holidays. What’s selling is still pretty cheap. A whopping 64% of sales were below $100,000-.
Foreclosures and Short Sales combined for a total of 137 sales and 48% of all sales in the month. Just 2 huge sub divisions, Marion Oaks and Silver Springs Shores, accounted for 60 of the 137 short sales and foreclosures. Both of these communities were areas of intense speculative building during 2004-2008. New homes built by investors and house flippers were never sold and have been taken by the banks.
It’s a great time to buy. Interest rates are around 5% for people with good credit. The First Time Buyers Tax Credit and Existing Home Owner Tax Credit are still available but you need to get your house under contract by April 30th. Houses in The Shores and Marion Oaks that are just a few years old are selling for under $100,000-. What are you waiting for?
Email me or use my Dream Home Finder to get a list of homes for sale in areas that interest you.
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 not listed on the MLS, commercial properties or vacant land.
Its termite swarm season again here in Ocala. As the weather warms up termites go out and look for a new home. You do not want that new home to be yours.
Termites cause $700,000,000.00 in damage each year here in Florida. Despite this scary statistic about half the homes in Florida have no form of protection.
There are 2 types of termites, subterranean and dry wood. The subterranean variety is considered the worst because they have much larger colonies and thus eat more wood. Obvious from the name they live in the ground and prefer moist conditions and wood. The subterranean termites enter your house through a sort of tube that connects their colony to the food source. Dry wood termites like dry wood, like the rafters in your attic. They have much smaller colonies and are harder to detect.
The University of Florida has a great web site dedicated to termites with loads of information and great color images. Take a good look at the pictures and so you can identify the little buggers if you see one.
The winter of 09/10 will be one of the coldest on record here in Ocala. The weather guy on the TV station I watch says it is one of the 5 coldest since they started keeping records in the 1800′s. It seems every day has been 10 to 15 degrees below normal. Winters in Ocala are usually a great time of year with temperatures in the low 70′s. This year the low 60′s were the norm.
March is the beginning of spring here in Ocala, although this year is off to a slow start. Temperatures in March should be in the mid to high 70′s, the grass should green up and the azaleas should start to bloom.
Check out my Ocala Weather page on my web site to see weather information for each month of the year here in Ocala