March Newsletter

It is officially March and the start to a new month!

In the March issue of our newsletter you will find events this month, featured listings, market predictions for 2022, and how to follow us on social media.

Click the attachment to check it out!

Please don’t hesitate to reach out with any of your real estate needs.

March Newsletter

12.93 Acres B-4 & R-4 Zoning

11.93 total acres on this parcel. B-4 Zoning with 230′ and approx. 1 acre(could be larger tract if needed)on HWY 40 located between Advanced Auto parts and Dollar General. Additional 10.93 acres is zoned R-4 high density zoning. Currently in place on the 10.93 acres is water services and sewage collection/disposal services for Forest Green Community located on CR 314-A. Lots of possibilities with this parcel of land located in great location with lots of growth in the area.

Silver Springs, Florida is most known for the beautiful Silver Springs and river that flows approx 5 miles before reaching the Ocklawaha River. Silver Springs State Park is one of Florida’s first tourist attractions, the springs drew visitors even before the U.S Civil war, Glass Bottom boat tours have been a popular way to see the 242-acre (98 ha) complex. Relax and explore the real Florida paddling in Silver Springs State Park. Spend a couple of hours paddling along the tree-shaded Fort King Waterway and discovering the springs on the Silver River. Or journey five miles from Silver Springs to Ray Wayside Park. Silver Springs community is part of the Ocala Metropolitan area. Silver Springs includes many restaurants with variety of flavors for all, shopping opportunities from big box stores to local merchants and many outdoor activities including trails, biking and more.

Asking Price $295,000

 

.80 Acre Lot Sparr, FL

Hard to find almost one acre lot zoned Agricultural, for sale in Meadowbrook Ranches. This .80 acre lot is 150’x233′ and located in subdivision with manufactured and site built homes. Wooded with large oak trees, some cleared and ready for new home.

Sparr is an unincorporated community in Marion CountyFlorida, United States, located near the intersection of County Road 200A and County Road 329. The community is part of the Ocala Metropolitan Statistical Area. Located approx. 30 Minutes from Ocala, FL and 45 minutes from Gainesville, FL with easy access to Interstate -75.

Asking Price $38,900

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Post Pandemic Listings

Owners who postponed selling during the pandemic – perhaps waiting for a sign that price increases were slowing – appear ready to list their home within the next six months. Many, however, plan to overprice it – and they expect bidding wars to push the final price even higher.

A survey conducted by HarrisX for realtor.com, however, suggests that many of those people might be planning to list their home in 2022, with 65% of them planning to do so this winter and spring. Many sellers, however, want to set an asking price higher than they think their home is worth, and they expect buyer bidding wars. Early 2022 home listers may have an advantage, “As buyers race against the clock of rising mortgage rates, sellers who price their homes in line with today’s market and stick to their plans will likely see their expectations met.” says George Ratiu, manager of economic research for realtor.com.

When will sellers list?

  • 65% in the next 6 months
  • 19% have already listed
  • 36% are researching and preparing to list

Top reason for selling? More time at home during COVID

  • 33% want more home features
  • 37% need more space
  • 32% want to move closer to friends and family

Seller expectations

  • they want to make a profit
  • will ask for more than the value
  • want a quick close

Price range changes

  • Sellers with homes at the core of the market ($351,000-$750,000) remained the same over March (29%). However, more sellers plan to list in the $500,000-$750,000 price range.
  • More than three-quarters (77%) of prospective sellers would be willing to accept a lower offer to close quickly versus just over half in March (54%).
  • Compared to spring sellers, a higher number plan to take alternative routes to moving out, such as living with family initially (19%) or temporarily renting their home back from the buyer (29%).

If you have been holding off from listing because of the pandemic, now is the time to move forward.

3.3 Acres w/ 4 Bed, 2 Bath Home

UNDER CONTRACT

211 NE 190 Street Citra, FL 32113

Don’t let the age fool you on this well kept 1998 Skyline manufactured home. This beautiful home includes 2,280 living square feet with spacious kitchen including lots of cabinets and counter space and laundry room located just off the kitchen. There is formal dining room for large family gatherings and includes a large family and living room with cathedral ceilings throughout. Large wood deck (8’x34′) off living room is great for relaxing in the shade under the oak trees. Main bedroom is very spacious with walk in closet and bathroom with garden tub and separate shower. Guest bedrooms are all cozy in size and guest bath includes tub/shower combo. Outside there is a 12’x20′ storage shed with attached lean too for storing all yard equipment and toys. New roof was installed Jan 2022.  

Citra, Florida is known as the home of the pineapple orange, (originally called the Hickory orange) a name coined in 1883 for an orange (fruit) with an aroma reminiscent of the pineapple. Citra has two buildings on the National Register of Historic Places: The Citra Methodist Episcopal Church and the Armstrong House. It is home to a University of Florida Institute of Food and Agricultural Sciences plant research facility. Some funs things to do include visiting Animal Rescue Sanctuary or stop by The Orange Shop for fresh squeezed Florida Orange Juice or some cool merchandise. Skunkie Acres offers horse back riding and every local loves visiting Crones Cradle Conserve with great outdoor gardens and country store full of local homemade foods and stuff. Located just short drive to Ocala or Gainesville, don’t miss this great property surrounded by horse country.

ASKING PRICE $240,000 

February Newsletter

It is officially February and the start to a new month!

In the February issue of our newsletter you will find events this month, a featured listing, market predictions for 2022, and how to follow us on social media.

Click the attachment below to check it out!

Please don’t hesitate to reach out with any of your real estate needs.

February Newsletter

Purchasing Power

The fear of missing out on low mortgage rates could “supercharge” the housing market ahead of the spring homebuying season, but not necessarily in markets where inventory is scarce.

While rates are expected to increase steadily throughout 2022, many potential home buyers may try to jump into the market now before rates rise further. The fear of missing out on low rates, or ‘FOMO,’ and the potential loss of house-buying power may supercharge the housing market ahead of the spring home-buying season.

First American’s analysis of the potential impact of rising rates shows house buying power would fall by $36,000 from November if mortgage rates are at 3.7 percent when the spring home-buying season kicks off, and by $52,000 if they hit 4.0 percent.

While forecasters hadn’t expected to see rates at that level until later this year or next, rates have been headed up sharply as investors reconsider how aggressive the Federal Reserve will be in fighting inflation. But inflation is also boosting many families’ incomes, and rising household income could offset all or part of the impact rising mortgage rates have on housing affordability. If household income keeps increasing as rapidly as it did in November — approximately 0.6 percent — through the end of 2022, the decrease in homebuying power with mortgage rates at 3.7 percent would be $700, instead of $36,000, Fleming said.

Of course, if home prices keep going up, homebuyers could still find themselves being priced out of homes they could have afforded if they’d gotten off the fence.

Rising interest rates can affect how much home you’re able to buy. If you’ve been even slightly interested about jumping into this real estate market while you can, let’s talk about your options and what this all means for you.

Lake Kerr Access

UNDER CONTRACT

12630 NE 243 Avenue Salt Springs, FL 32134

Don’t miss this super well kept 2004 built concrete block home featuring 3 bedrooms, 2 1/2 bathrooms, 2 car garage with 2089 living square feet. This lovely home sits on .97 acres with small fenced area perfect for little furry family. Located on paved road in Los Haven Subdivision which includes a waterfront parcel on Lake Kerr, 2.44 acres with 24′ x 40′ covered pavilion and bathrooms only for residents who join the association with yearly fee is $150.  Main bedroom is spacious in size with carpet, walk-in closet and bathroom with tile floors and shower. Guest bedrooms are nicely sized and guest bathroom has tiled floors and tub/shower combo. Kitchen has real wood cabinets and lots of them with lots of counter space, nice sized island and huge pantry. Cathedral ceilings carry from kitchen to spacious living room including stacked stone gas fireplace, recessed lighting and ceiling fans. The home also 2 car garage(21′ x 25′) with 1/2 bath and side garage door as well perfect for golf cart or other toys , metal roof, front and rear covered porches and storage shed. Lot can be divided to include additional buildable site, or keep them together and build storage building.   

Lake Kerr is located in Salt Springs, Florida and is approx. 2800 acre freshwater lake with some spring feed spots. The lake is awesome for all water sports and well know for its fishing; large mouth bass, bream, crappie, catfish and more. Second largest lake in Marion County with only one public boat ramp and the ever famous Kaufman Island. 

Located in the heart of the Ocala National Forest w/ beautiful Salt Springs swim area, boat launch and short ride to Lake George and the St. Johns River. Salt Springs is also home to miles and miles of ATV/SxS, Horseback and hiking trails. Great fishing year round in the many lakes, rivers and forest ponds, and don’t forget about the excellent hunting too. Close to local shopping including grocery store, Dollar General, hardware, gas station, great restaurants, entertainment and more. Only short 30 minute drive to Ocala or Palatka for all your needs. 

Asking Price $290,000

 

 

Cute, Clean and Cozy

SOLD

14421 NE 192 Street Fort McCoy, FL 32134

Don’t let the age of this 1965 concrete block home fool you. Many upgrades and updates on this lovely 3 bedroom, 1 bathroom home with 1200 living square feet and 12′ x 12′ screen room, sitting on .82 acres. Tile floors are found throughout the home and bathroom. Bedrooms are nice and cozy in size. Kitchen is spacious with wood kitchen cabinets, lots of counter space, island and includes all appliances(less than 4 years old: stainless steel; gas stove, side-by-side fridge, stacked washer/dryer and dishwasher). Bathroom is tiled shower, double vanity, linen closet and tiled floors. Upgrades: Windows, Roof 2009, Generac Generator(2015), Drainfield 2019, , 4″ Well & HVAC in 2019

Located short drive to downtown Fort McCoy with grocery store, doctor office, pharmacy, hardware, gas station, pizza delivery and more. Close to Silver Springs which is great for kayaking, boating and outdoor activities. Ocala is just another 20 minutes away with Walmart, Lowes, Bealls, Outback and many more of your favorite shopping and  restaurants. Gainesville(Home of Florida Gators) is only 50 minutes to downtown. If you’re a fisherman, hunter or simply love hiking, canoeing or kayaking you are in luck! Minutes to Ocklawaha River, Rodman Reservoir boat ramp, Ocala National Forest and many natural springs(Salt Springs, Silver Glen Springs, Juniper Springs), horseback and walking trails, and off road vehicle trails awaits your explorations. One of a kind property and location! Ready for new owners! 

 

Lake George…Sunrise and Coffee

SOLD

9035 NE 310 Avenue Salt Springs, FL 32134

Stunning sunrises daily from this beautiful and peaceful 1.57 acre setting with 200′ on the shores of Lake George and the St Johns River. Yes, the river flows through Lake George and boaters can go to ocean if so desired. We have a 420′ dock w/ power, water and boat lift, to store the boat and proved access to this awesome waterway. Original house was built in 1975 with addition of family room, main bedroom and main bathroom completed in 2005 including metal roof.  This concrete block stucco home is 2540 living square feet including 4 bedrooms, 3 bathrooms, 6′ x 12′ utility room(includes washer/dryer and refrigerator). Covered front porch area invites you into the home. Living room is spacious with wood burning stone fireplace. 2 Main suites, the main bedroom(drapes do not convey) is 18′ x 19′ with beautiful views of lake, huge walk in closet and large bathroom with tiled shower, double sink vanity,  privacy toilet and jetted tub. Guest bedrooms are cozy in size with one bedroom including full bathroom. Kitchen is nicely sized with formica cabinets(custom made by Chariot cabinets, all wood) and counters and includes all appliances(Side-by-side fridge, glass stove top w/ double oven and dishwasher. Dining area located just off the kitchen and leads to huge 21′ x 24′ family room with lake views. Family room is bright with all windows, great for entertaining with wet bar and glass sliders lead 10′ x 24′ screen room overlooking the lake. Generac whole house generator for those time when power goes out and hurricane shutters for those pesky hurricanes. 2 HVAC units and all windows have been upgraded as well. Detached workshop includes 1 car space, electric and workbench. The home sits on .77 acre lot and the adjoining .80 acre lot has its own parcel ID# and is being included in the sale for total of 1.57 acres.  

Lake George is the 2nd largest lake in state of Florida with 46,000 acres of water and connected on North and South end by the St. Johns River. Short boat ride to Salt Springs Run(swimming and campground), Silver Glen Springs, Juniper run and many restaurants and entertainment nearby.

Located in the heart of the Ocala National Forest w/ beautiful Salt Springs swim area, boat launch and short ride to Lake George and the St. Johns River. Salt Springs is also home to miles and miles of ATV/SxS, Horseback and hiking trails. Great fishing year round in the many lakes, rivers and forest ponds, and don’t forget about the excellent hunting too. Close to local shopping including grocery store, Dollar General, hardware, gas station, great restaurants, entertainment and more. Only short 30 minute drive to Ocala or Palatka for all your needs.

Asking Price $675,000