July Newsletter

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

In the July issue of our newsletter you will find events this month, featured listings, market predictions for 2023, and how to follow us on social media.

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

July Newsletter

Summer Activities

Summer is here and we’re bringing you a list of the best activities for your kids!

  • Kid’s Film Series

Whether the day is a rainy one or you are looking for fun out of the sun, a movie at the Marion Theatre in downtown Ocala is a great way to unwind with the kids. The Summer Kids Film series offers select shows at just $3 for children 12 and under! Adults are only $5. The $3 includes juice, popcorn and fruit snacks.

  • The Equestrian Center

Here’s an event for horse lovers! The horse show season is no longer limited to the cooler months. With multiple large, climate-controlled, indoor arenas, the World Equestrian Center – Ocala is changing the game and hosting equestrian events year-round, rain or shine. The Ocala Summer Series features 9 weeks of elite hunter/jumper competition.

Make the most of your visit to a horse show by dining at a local restaurant, shopping, renting a golf cart to explore the property, and getting a treat at the candy shop!

  • Citizens’ Circle Splash Pad

The splash pad, located at 151 SE Osceola Avenue, is free for the public to use and is open daily from sunrise to sunset (seasonally). Benches and picnic tables are available for parents to sit and enjoy watching their children.

  • Discovery Center

The Discovery Center is Ocala’s local children’s museum, and we’re here to help you make the most of your visit. We believe that kids should be able to learn in a fun, hands-on way—and that knowledge can be gained through exploration and discovery. Our goal is to provide you with the tools you need to instill a passion for learning in your child, so they can grow up as curious and inquisitive adults who are always up for a challenge.

Our rotating exhibits change every few months and feature different themes, from dinosaurs to space travel. Our STEAM-centered classes are designed for kids of all ages, and there are also adult events like book clubs and lectures. There’s plenty of reasons to check out what’s new at Discovery Center!

  • Florida’s Springs

Enjoy your summer outside by splashing into one of our beautiful springs! Silver Glen Springs, Juniper Springs, Salt Springs and Rainbow Springs all make for great spots for enjoy the Florida sunshine while keeping cool in the natural springs.

Hope everyone has a great summer!

June Newsletter

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

In the June issue of our newsletter you will find events this month, featured listings, market predictions for 2023, and how to follow us on social media.

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

June Newsletter

May Newsletter

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

In the May issue of our newsletter you will find events this month, featured listings, market predictions for 2023, and how to follow us on social media.

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

May Newsletter

A Decrease in Mortgage Interest Rates

A mortgage rate is the rate of interest charged on a mortgage. Mortgage rates are determined by the lender and can be either fixed, staying the same for the term of the mortgage, or variable, fluctuating with a benchmark interest rate. Mortgage rates vary for borrowers based on their credit profile. Mortgage rate averages also rise and fall with interest rate cycles and can drastically affect the homebuyers’ market.

The average long-term U.S. mortgage rate inched down for the fifth straight week, positive news for potential homebuyers and the real estate market. The average on the benchmark 30-year rate ticked down to 6.27% from 6.28% the previous week. The average rate last year at this time was 5%. The recent decline in mortgage rates is good news for prospective homebuyers, many of whom were pushed to the sidelines during the past year as the Federal Reserve raised its main lending rate nine straight times in a bid to beat back stubborn, four-decade high inflation. Though supply remains low, home prices are retreating slightly, another development that could lure buyers back into the market.

The Federal Reserve will likely have to cut its benchmark lending rate before summer,  as the fallout from the U.S. banking crisis triggers a potential credit crunch that could threaten broader economic growth. A full 25 basis point rate cut is expected in July, with the odds of a larger 50 basis point reduction rising to 53.2%. 

This could be great news for prospective homebuyers!

For more information, go to the links below:

https://www.floridarealtors.org/news-media/news-articles/2023/04/mortgage-rates-down-5th-week-row

https://www.floridarealtors.org/news-media/news-articles/2023/03/fed-interest-rate-decrease-summer

April Newsletter

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

In the April issue of our newsletter you will find events this month, featured listings, market predictions for 2023, and how to follow us on social media.

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

April Newsletter

21380 E Hwy 316, Fort McCoy – $275,000

Wow, beautiful 1.1 Acre homesite with paved road frontage and over 1100’+/- of marsh waterfront with views of Lake Kerr. Own an airboat or mud boat and lake access is no issue at all. This lovely manufactured home was originally built in 2003 and is very well kept. Home is 1563 living square feet with 3 bedrooms, 2 bathroom with great open floor plan. Front covered deck is 8’x25′ and perfect for relaxing under the shade trees and watching the birds and wildlife with the Ocala National Forest across the street. Kitchen is spacious with lots of countertop space, loads of cabinets, wall oven, microwave, dishwasher, fridge and includes large island with seating and cooktop. Living room includes wood burning fireplace, sliding glass door leading to 12’x25′ screen room. Main bedroom is spacious with full length closet and bathroom has double sink, shower, garden tub and linen storage as well. Both additional bedrooms are nicely sized and guest bath has shower/tub combo. There is also an inside laundry room with additional storage. New roof was just installed as well. Outside is a 20’x20′ detached garage, also 8×10 and 9×10 storage buildings. Don’t miss this one of a kind home on a hard find acre+ in Salt Springs. Lake Kerr is approximately 2800+/- acre spring feed lake with some of the best boating, water sports, fishing and paddling you can find in Central Florida. 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 $ 275,000



 

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 2023, and how to follow us on social media.

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

March Newsletter

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, featured listings, market predictions for 2023, and how to follow us on social media.

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

February Newsletter

Real Estate Market Predictions for 2023

We have officially made it to the first month of 2023. First and foremost, all real estate is “local” in nature and my predictions are based on our area. One important factor to keep an eye on…what will happen in the broader economy. Will inflation slow? Will there be a recession? Or will the Federal Reserve deliver a so-called “soft landing”? All of these factors can have a major effect on the real estate market nationally and locally. Here are my predictions:

  1. Interest rates will decrease some
  2. Cash offers will remain strong 
  3. Foreclosures will be historically low
  4. Inventory will increase at a slow pace
  5. Demand for housing will continue to outpace supply

If you ever have any real estate needs please don’t hesitate to reach out. I’m always happy to help you through the process. Can’t wait to see what the next year brings for real estate!