Prices have gone up a lot since the great real estate crash of 2008 but there is no bubble like back then. There is not an over supply of homes. In fact there is an under supply and we are in a sellers market. There are not enough new homes being built. We need more builders to step up and start new major projects. Right now builders outside of 55+ are just buying lots in established subdivisions instead of breaking ground on new communities. On Top of the World is planning a huge new community that will be both 55+ and Not 55+ later this year. Another reason there is no bubble is that we don’t have the crazy types of loans that are almost guaranteed to fail like we did back in the great recession. Even though prices have gone up Ocala is still lower priced than most of Florida and a lot less than the rest of the country. A bonus is that it never snows here !
https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg 0 0 Valerie Ostrom https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg Valerie Ostrom2019-03-01 17:09:502019-03-01 17:09:50Is it a good time to buy a home in Ocala ?