Ocala Florida Real Estate Market Report for May 2015
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.
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