The Ocala area real estate market is improving. Everyone I talk to thinks so. Here is a link to the local paper, the Ocala Star Banner, with a real estate article. If you read the article there are a few things I think are misleading. The median home price of $99,900- is low because there are a lot of small 2 bedroom homes many in 55+ communities that sell for low prices as well as similar small homes in other areas. There is also a comment about cash sales showing there are a lot of investor purchases. A huge number of retirement homes are also cash deals. In my case 75% of 55+ sales are cash. The article does show how sales have improved over the past and the number of Pending sales is a good predictor of the months to come. I think in the long run there will be a housing shortage here in Ocala. That’s because there has been almost no new construction here since the crash of 2007. Buy now prices have no where to go now but up.