Posts Tagged ‘Silver Springs Shores’
Silver Springs Shores is a huge community just east of Ocala. Silver Springs Shores isn’t really a town or sub division. It is technically called a census designated place. There are 3 areas of The Shores, Silver Springs Shores North, Silver Springs Shores South and Silver Springs Shores East. Additionally there are several sub divisions within The Shores. Lake Diamond is a gated golf course community that is not 55 plus. Crystal Lakes which is a deed restricted community. There are also several condominium communities in The Shores.
Homes in Silver Springs Shores date back to the late 1960′s but most date from the 1970′s through the real estate boom of 2003-08. There are still an almost endless number of vacant lots in this area too.
During the real estate boom years of 2003-08 builders saw that there were a lot of cheap lots on paved roads in The Shores. During this time a huge number of new homes were built and sold to investors hoping to buy at pre construction prices and flip the homes on completion. Most were never sold and went into foreclosure. Silver Springs Shores has more foreclosures than any where in Marion County.
Silver Springs Shores foreclosures are one of the hottest parts of our real estate market. Newer homes built during the boom years are selling as foreclosures for under $100,000-. There are also a lot of short sales in The Shores. As a result of so many foreclosures and short sales traditional sellers have had to lower their prices in order to compete and these traditional sales can be in better condition and a good value.
If you are interested in a list of homes for sale in Silver Springs Shores either call me, email me or use my Ocala Dream Home Finder. I can set you up a Listing Cart on the Ocala MLS for The Shores area. Be specific as to the sq ft of living area, age and price range. There are 100′s of homes for sale in this area.
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