Lake George 100′ of Sparkling Waterfront -Salt Springs, FL 32134

100′ of Lake George waterfront. Located on 2nd largest lake in Florida and St Johns River with navigation to so many natural springs  including Silver Glen, Salt Springs, Juniper Run and hiking, ATV, horseback riding and so many more opportunities. Minutes by car or boat to Silver Glen, Juniper and Salt Springs Run. Magnificent sunrises on this beautifully treed lot with oaks, palm trees and more. Fronts on paved road and short drive to Salt Springs with restaurants, gas, food, shopping and in the Heart of Ocala National Forest. This unique area is home to largemouth & striped bass & manatees. Cruise the St. Johns River and experience Old Florida from Atlantic Ocean to Chain of Lakes. True one of a kind property ready for new home.

Lake George or Lake Welaka is a broad and shallow brackish lake on the St. Johns River in the U.S. state of Florida.Wikipedia
  • Inflow source:
    • Juniper Springs
    • St. Johns River
  • Mean depth:
    • 8′ 0″
  • Outflow location:
    • St. Johns River

ASKING PRICE: $ 114,900

MLS# 44105

LOT SIZE: 100 X 349 OR .80 ACRES

ZONING: R-1 SINGLE FAMILY DWELLING

PAVED STREET


NOTE: Location of lot is South of Pin on Google Map

3 Reasons Why… It’s Great Time for Sellers Aug 2015

2015 is turning into an excellent year for sellers because of rising home prices, increased demand from home buyers and happy houseless overall seller competition for most U.S. and Ocala Marion County Homeowners

 

1. Stronger demand from buyers… Demand from buyers has remained high and less competition(homes for sale), is making 2015 a fantastic year for many Marion County home owners. There is currently a larger pool of buyers, including first time buyers, boomerang buyers)previous owners who lost their home to foreclosure or short sale), and traditional owner-occupant buyers.

2. Home prices on the rise…Across the nation home and condo sellers in the first half of the year sold for an average of 13% above original asking price. Homes in the median price range have increased 6.4% since 2014 based on the June – Monthly Market Reports from Florida Association of Realtors for the Ocala/Marion County area. “So far in 2015, [sellers] are realizing the biggest gains in home price appreciation since 2007,” Blomquist says. “In June, sellers sold for above estimated market value on average for the first time in nearly two years.” Median sales prices of existing-homes pushed above the previous 2006 peak to a record high in June, the National Association of REALTORS® reported this week. The median existing-home price for all housing types was $236,400 in June – surpassing the peak median sales price set in July 2006 at $230,400.

3. Less Seller competition… New listings have decreased year over year by -2.6% and pending homes sales have increased 7%. Ocala/Marion County inventory has also decreased -8% and currently there is only a 6 month supply of inventory. This means if no other homes were placed on the market in the coming months it would take 6 months for ALL homes to be sold. Also the decrease in the number of distressed properties has fallen -11.8% and these sales accounts for less than 10% of all closed sales.

It is important to remember that location is the biggest factors in considering all of the numbers and statistics. It is important to find a trusted real estate professional that is knowledgable about your local market to discuss in further detail. Want to know the value of your home…Contact me today for a “free, no obligation” market analysis of your home and property.

 

Source: Realtormag.realtor.org – DAILY REAL ESTATE NEWS | FRIDAY, JULY 24, 2015″2015 Great Year to Sell,” RealtyTrac (July 22, 2015)

Florida Home Buyer Programs for 2015

Florida currently has 3 home buyer programs available;

  1. FIRST-TIME HOMEBUYER Program -Florida’s First-Time Homebuyer Program offers 30-year fixed rate loans through participating lenders and lending institutions. As with most first-time homebuyer programs, income and purchase price limits do apply. A borrower must have a minimum FICO credit score of 640 to qualify.
  2. Local SHIP Program – Low-to-moderate income borrowers across the state can inquire with their local county as to what down payment and closing cost assistance is available in their given area.
  3. Florida Housing Mortgage Credit Program – The Florida Housing Mortgage Credit Certificate (MCC) Program allows first-time homeowners to claim up to $2,000 each year as a tax credit on the mortgage interest paid. The MCC program cannot be combined with the first-time homebuyer program. Similarly to the first-time homebuyer program, income and purchase price limits will apply.
For more details on Florida Housing Finance Corporation details >>>>> CLICK HERE
 Check out this FIRST TIME HOME BUYER WIZARD TOO! >>>>>>> CLICK HERE FOR WIZARD

Monthly Market Detail Report – June 2015

In the Ocala/Marion real estate market, conditions continue to be even as fewer houses become available compared to his time last year. June 2015 found an decrease in the number of new listings, active listings and pending sales were up for single-family homes, according to information from Ocala Marion County Association or Realtors®.

The 877 new listings in June 2015 represented a -2.6 percent decrease over previous year. Active listings decreased 8 percent to 3,083 over the same period. Pending sales had a high jump in June, with the 656 pending listings in for the month, indicating a 7 percent increase over June 2014. Actual sales of single-family homes also increased over the same period.

The Ocala Marion County Association or Realtors® reports that in June, a total of 606 single homes were sold in the Ocala/Marion County area. This represents a 12.8% percent increase over sales in previous yearPrices in the Ocala/Marion County real estate market continue to climb during that year-long period. The median price of a single-family home in the Ocala/Marion County area increased 6.4 percent between June/2014 and June/2015, to $116,000.

Average home prices declined -3.7 percent during that period to $145,862. The closed sales by sales price during the year

increased in all price categories except for “less than $50k and over $1,ooo,ooo. Homes spend an average of 73 days on the market in Ocala/Marion County, which is decrease from June/2014 of 38.1 percent year-over-year. Generally higher prices, limited availability, and quicker sales of those homes that come up for sale make the Marion County real estate market a favorable environment for sellers, and because of the great value in our area buyers can find quality homes far cheaper than average rent prices for the area.

Rountree Realty provides expert real estate services to residential buyers and sellers in Marion County including Ocala, Fort McCoy, Anthony, Sparr, Citra, Salt Springs, Orange Springs and and surrounding communities. Contact us today for more information on local real estate and for professional assistance navigating this sometimes complex home market.

This report describes member activity for the association and is not confined to any specific geographic area. Statistics for each month compiled from MLS feeds on the 15th day of following month. Data released July 22, 2015, produced by the Florida REALTORS®

SOLD!!! But we can help you find similar properties!

Are you hunter, fisherman or just love outdoors. This 3 acre partially fenced tract is located down rough country road but provides great privacy, peace and quiet. Borders Florida Power and Light acreage and affords plenty of hunting, off roading and some of the greatest fishing in Florida is only minutes away at Rodman Reservoir. Come see this 2001 doublewide manufactured with 3 bedrooms, 2 baths manufactured home with 1104 living square feet. Kitchen has newer cabinets and lots of counter space with eat-in-dining area. Approx 90% complete upgrade inside home includes new carpet, vinyl flooring, paint, wood wainscoating, light fixtures and more with only a few things left to finish it up. Pole barn is started and just needs completed. Plus additional storage shed. Seller states well is free flowing too, now that’s hard to find! 

MLS#418632

Asking Price: $37,000

Bedrooms: 3

Baths: 2

Living Square Feet: 1104

Lot Size: 3 Acres 372-287-20-1084

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Existing Home Sales Continue to Rise In October 2014

Existing-home sales continued to rise in October and are now up year-over-year for the first time in 2014, NAR Chief Economist Lawrence Yun says during a Nov. 20 press conference in Washington. This is good news for our local Ocala/ Marion County market because the inventory is moving closer to a balanced market. The largest issue facing the future is a lack of inventory in many price ranges. If you are a seller and thinking your home might not be worth what you owe, you could be be mistaken. There are still great deals to be found for buyers too. Want to chat more about real estate or discuss your homes value, please contact me today.

 

https://www.homesforsaleocalamarion.com/wp-content/uploads/2015/01/Ocala_MSA_Single_Family_Homes_2014-10_Summary-2.pdf

 

How Important Is a 3rd Bedroom or 2nd Bathroom in Ocala Marion County?

How Important Is a 3rd Bedroom or 2nd Bathroom in Ocala Marion County?

In my over 13 years of experience selling real estate in Ocala Marion County area this conversation comes up several times a year, if not more. Many buyers do not need or require a 3rd bedroom or 2nd bathroom at the time of their purchase. But as a Realtor, I make sure we discuss all aspects of the home purchase including the potential future resale value and more importantly the future marketability of the property. As you can see below the extra third bedroom home sales are considerably higher and some months even double the number of closed sales. The additional second bathroom shows an even larger increase in number compared to home with only one bathroom.

In my opinion, if at all possible and within budget. always opt for the home with a third bedroom. Most importantly, demand that second bathroom in your new home, condo, townhouse or manufactured home. Humans are nomadic(person who does not stay long in one place, always on the move) and there are few of us who live in a home for more than seven years based on recent statistics. The small additional upfront cost could equal an important boost in future marketability and demand of your investment.

What Are Benefits of Working with REALTOR® & Rountree Realty

What Are Benefits of Working with REALTOR®rlogo

 

Experience: The typical REALTOR® has 11 years of experience 80% of REALTORS®  have over 6 years. With an average of 8 transaction sides closed per year, the knowledge your REALTOR®  possesses is invaluable in the success of residential and commercial advertising, appraising, renting, leasing, buying, selling, auctions or exchanges.

Education: Real Estate Associates must complete 63 initial hours of education before licensure and an additional 45 hours before 2 year anniversary. Brokers must have 2 years experience in real estate field and complete 72 hours of coursework to obtain Broker license with an additional 60 hours to completed within 2 years. Also, 30% of REALTORS have a Bachelors or some college experience.

Local Expert: A Realtor that specializes in a local market will know things that are not appearing on the listing information online; they’ll know more about the neighborhood. Letting a Realtor take what is a very emotional decision and apply objective criteria is one of the largest benefits.And when it’s time to write an offer, they’ll know what other properties have sold for and the intricacies of those properties, the differentiating features, so then you can get the best deal for your money.

So I would say it’s ok to shop on your own, but absolutely retain a trained professional REALTOR® for one of the most important purchases that you’ll make in your entire lifetime.Only real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® (NAR) can call themselves REALTORS®. All REALTORS® adhere to NAR’s strict Code of Ethics, which is based on professionalism and protection of the public. That’s why all real estate licensees are NOT the same. “Dedicated to serving America’s property owners at local, state, and national levels, the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, is the largest professional association at 1 million members strong. So, whether you’re buying or selling a home – it pays to work with a REALTOR®. Look for the REALTOR® logo when choosing your real estate agent. -Courtesy of NATIONAL ASSOCIATION OF REALTORS®”

“Perform at your best when you best is required. Your best is required each day.” John Wooden

HOT Sales Activity in Ocala

Today I am going to be talking about a few areas of Ocala experiencing a little heatwave on our “Trend Maps.” Something we have not been experiencing for the last couple weeks here in the Horse Capital of the World, Ocala, Florida. What are trend maps? A trend is a general direction something is going and combined with a map provides a look at “Sales Activity” based on zip codes. The statistical data is overlaid onto a map and provides a more visually geographical representation compared to simple data chart. The trend map included here shows the “HOT” areas for “Sales Activity” right now are 34472(Silver Springs Shores), 34476(Shady Hill area, Ocala), 34481(Leroy area, Ocala) and 34491(Summerfield.)

34472,34476,34481,34491,
Sales Activity Map Trend for Ocala, FL

I also thought it would be interesting to look at the median DOM(Days on Market) to contract, for these same zip codes. Notice the trend for most of the zip codes have gone down from the same time last year. The only zip code experiencing a longer days on market is Silver Springs Shores area due to the higher foreclosure rate and over supply. So we are seeing these areas experience higher sales activity and less days on the market to contract. If your a seller it is a great time to “SELL.” If your on the fence about selling it might be time to talk to a great local REALTOR, me, and find out if the time is right for you. If your a buyer and you want to buy in one of these zip codes, It’s time to get with your preferred lender, get on the phone, text or email me.

Days On Market To Contract
 

 

CHOOSE A SEASONED REALTOR PROFESSIONAL TO SELL YOUR HOME

MLS_Clear

WHY CHOOSE A SEASONED PROFESSIONAL? WE HELP YOU SELL YOUR HOME FAST AND FOR TOP DOLLAR….

There’s nothing wrong with saving a few cents here or there, but when it comes to seeking medical help, building a decent stock portfolio, or dealing with something as ugly as an IRS audit, it’s better to seek out a professional’s advice.

Buying or selling real estate also fits in that category. Remember, you’re dealing with one of the largest assets you’ll ever own! Don’t waste time doing it the “self-service way.” This is an important and life-affecting decision! To insure a fast sale for top dollar or to find a home that matches your criteria for a reasonable price, work with a seasoned professional.

I have nearly 13 years of experience working with buyers and sellers right here in Marion County, and I’ve earned several of advanced learning designations including Graduate REALTOR Institute, At Home With Diversity, GREEN  available to real estate agents. In fact, I’m one of just a few agents in the area with a broker’s license. What does that mean for you? My advanced education and experience helps me zero in on your highest priorities, create innovative and effective marketing programs guaranteed to attract attention to your home, and put transactions together for a worry-free closing day.

I have lived in the Marion County area since 1986, and my family has owned property on Lake Kerr & we vacationed here since the early 70’s. I have a passion and desire to be the TOP RESIDENTIAL REALTOR® in the area.

Over the years, I have helped hundreds of families buy and sell real estate. I will be happy to provide you with a long list of satisfied clients who attest to my professionalism, my expertise, and my attention to every detail.

 Call me today at 352-572-1739 for a FREE, no-obligation report on “How to Prepare Your Home for Sale.” No hard sale, just solid ideas to put more money in your pocket.

 John Wayne “DUKE” Rountree / GRI, TRC, AHWD, GREEN