It is already November and the start to a new month!
In the November issue of our newsletter you will find events this month, featured listings, how accurate our market predictions for 2022 turned out to be, and learn how to follow us on social media.
There has been a lot of talk lately about the real estate market. Is it crashing? Is it booming? Is it a buyers or sellers market? Are prices going up or down? National news keeps giving their opinions to these questions. Well here is mine!
Don’t listen to or believe the national news! Every market is different. Real estate is local to each market and Florida is unique from all other states. Local real estate is still strong for our area!
I just closed on three deals last week and their list to sell ratios were 93.3%, 98.3% and 100%. Price it right and it will sell.
No two parts of Florida are the same (let alone different states) and neither are their real estate markets. Having a realtor that understands the local market is so important. If you ever have any questions I would be more than happy to help!
Go to https://www.floridarealtors.org/news-media/news-articles/2022/09/using-sunstats-changing-market to see more statistics for Florida.
Located approx 1 mile from Citra intersection of 318/US Hwy 301. 5.51 Acres of Manufactured Zoning. 329′ highway road frontage. Short drive to I-75 via 318 or Hawthorne and quick route to Gainesville. 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.
It is officially October and the start to a new month!
In the October issue of our newsletter you will find events this month, featured listings, market predictions for 2022, and how to follow us on social media.
Hurricane Ian is heading our way… Are you prepared? Let’s go over a few tips that can make a huge difference!
A good rule to remember: if you can easily pick it up, put it away. Items that can be easily lifted should either be secured down or picked up and safely put away. This would include outside furniture, children’s toys, potted plants, and yard signs. By doing this you’ll be making sure that these items won’t potentially be picked up by the wind and possibly cause damage.
Go outside and take a look at your trees. Do any of them have branches that could be trimmed? Are some branches growing over your house? Clean them up to make sure they don’t end up coming through a window or falling onto your house.
If your home ends up withstanding damage, you’ll have to file a claim with your insurance. Having photos of your home (pre-storm) will help cover your bases in case your insurance company tries to question how/when the damage happened.
In case your power goes out or you end up stuck in your home for whatever reason possible think of what you would really need to get by. You should have food that doesn’t need electricity to be made, water, batteries, charcoal/gas to grill out, medications and medical supplies on hand. Have gas in your car in case an evacuation is necessary. Charge your phone, so you’re able to keep in touch with loved ones and get updates on the storm. Only worry about gathering things you really need.
Call your friends and family to make sure they are prepared. Lend a helping hand to your neighbor who is outside prepping their house for potential damage. Take supplies over to the person you know wasn’t able to get out on their own to get some before it was all gone. Be a good person in someone else’s life during these stressful times.
It is officially August and the start to a new month!
In the August issue of our newsletter you will find events this month, featured listings, market predictions for 2022, and how to follow us on social media.
Location, location, location…this one has it! Excellent development potential! Located only few
blocks from I-75 and just off Hwy 27 this location is growing daily. The total lot size for this parcel is
1.16 acres w 360' of Highway frontage. Located just around the corner from Chewy, Advanced Auto,
Fed Ex and more, and directly across the street from the planned addition of Shands Hospital. As
currently Zoned R-2 (2 family residential), this location would be great for new multi family dwelling,
but it has excellent potential for zoning for commercial or industrial development as was successfully
done in the surrounding parcels. Don’t miss this opportunity to buy before the area grows even more
and values increase.
I am getting a lot of people asking when the next foreclosure crash is going to happen.
Attom’s Midyear 2022 U.S. Foreclosure Market Report found that 164,581 U.S. properties had foreclosure filings, which includes default notices, scheduled auctions or bank repossessions.
The number includes the first six months of 2022 and is 153% higher year-to-year, but the figures are skewed by numbers generated during the pandemic when government orders slowed the process.
Foreclosure activity across the United States continued its slow, steady climb back to pre-pandemic levels in the first half of 2022,” said Rick Sharga, executive vice president of market intelligence at ATTOM. “While overall foreclosure activity is still running significantly below historic averages, the dramatic increase in foreclosure starts suggests that we may be back to normal levels by sometime in early 2023.”
I really do not think we are going to see a spike in foreclosures anytime soon, especially in Florida. There is definitely an evening out after the pandemic, yet it won’t be anything drastic. We are seeing a market adjustment, but with the past super low interest rates being 3-4%, I do not think people will stop paying for their mortgages. The asterisk with this is the economy, inflation and the potential for recession. Those are factors that could affect the housing market. With strong jobs and cheaper mortgages, I do not see the foreclosure market changing anytime soon in our beautiful state of Florida.
For more information, go to this article: https://www.floridarealtors.org/news-media/news-articles/2022/07/foreclosures-closing-pre-pandemic-normal
It is officially July and the start to a new month!
In the July 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.
3.79 Acres Lakefront Property on Saddlebag Lake
ASKING PRICE $139,000
