ocala real estate: What Will Cause the Housing Market To Recover (And it will)
- 02/27/10 12:01 AM
We all know where we are today in terms of equity losses and real estate values being in the tank. Each state has it's own issues and every county is a micro economy with its own economic situation. As the saying goes, its a local business. Although we will all recover eventually, some are recovering and growing now. Others, due to natural and other resources will recover quicker and some will lag behind for quite some time. We will recover as a nation, and hopefully we will emerge stronger and with a cleaner environment for our children. Below are a couple of … (14 comments)
ocala real estate: Ocala Real Estate Activity
- 11/01/09 09:07 PM
The latest sales activity shows that although the Ocala real estate activity has increased substantially since the same time in 2008, the prices of homes selling is down and not surprisingly, the number of foreclosures selling has drastically increased. In through October of 2008, the number of homes sold is 2279. The number of homes sold through October of 2009 is 2739, an increase of 460 homes sold. However, last year only 661 of the homes sold in the Ocala/Marion County MLS system were under $100,000. This year, the number of homes sold under $100,000 increased to 1313 homes. That's an increase of almost 100% … (5 comments)
ocala real estate: A Realtor's Poem For the Future
- 10/27/09 10:35 PM
Do you think we're finally going to make it now? Or should we be continuing to follow the dow? Are the housing prices going to still be low? Or can we start making some real dough? Who's going to be telling us what to do? Is it still going to be like living in a zoo? Or will we be living in more of a jungle? Will our short sales begin to no longer bungle? Will our new careers be selling cars? Or will we be investing in those little gold bars? Will we let the economy keep us in really … (15 comments)
ocala real estate: Short Sales And Modification Improvements
- 10/23/09 09:54 PM
It could be possible that things are starting to change for the better in short sales and modifications for distressed homeonwers. Yesterday I received a couple of phone calls that indicated promise on the horizon for borrowers from Bank of America. The first call was from a past client that lives in California and has an investment property in Ocala, FLorida. He had his home on the market as a short sale, but Bank of America just offered him a modification that cut his payment in half. PERMANTLY. His rental home in Ocala now positve cash flows and it is one … (34 comments)
We all know where we are today in terms of equity losses and real estate values being in the tank. Each state has it's own issues and every county is a micro economy with its own economic situation. As the saying goes, its a local business.
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