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So in a sellers market you sell your home fast and you get top dollar. So what, unless you're going to live in your car from now on you'll need to buy another house. In a sellers market you will pay top dollar and have a poor selection.
In a buyers market you will have to sell low or not at all. However you can then go off into a buyers market with a ton of inventory and get a steal of a deal.
The best of all scenarios is reserved for the first time buyers. They are the ones who can buy low without having to sell low. This combined with the first time buyers tax credit, income tax deductions and record low interest rates makes owning cheaper than renting.
Looking for a house in Ocala? Check out my Free Ocala MLS Search
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Yes now is the time to buy that Ocala retirement home even if you're not ready to retire. If you think about it we are near or at the bottom of the market. Interest rates are at historical lows. Thanks to our politicians higher interest rates are inevitable. If you can afford to keep your present home until the market starts back up and sell it at a better price several years from now, then you could have the best of both worlds. Buy low and sell high. I didn't actually think of this idea myself. Several people from up north have contacted me recently about pursuing this very idea. It makes a lot of sense in you can pull it off.
For more about Ocala Real Estate visit my other blog.
See my Free Ocala MLS search too.
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| $100.00 to $100,000.00 | 106 |
| $100,001.00 to $200,000.00 | 97 |
| $200,001.00 to $300,000.00 | 17 |
| $300,001.00 to $500,000.00 | 5 |
| $500,000.00 plus | 4 |
| TOTAL SALES FOR THE MONTH | 229 |
| TOTAL ACTIVE LISTINGS FOR MONTH | 5,940 |
Sales in April were 229 homes in Marion County. That's a large increase over January at 142, February at 188 and about the same as March which was 220. Total listings also dropped below 6,000 which is great news.
See my other Ocala real estate blog for analyisis of this report and more blogging.
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It's only May 4th and the I can feel the humidity coming back. The temperature hit 90 over the week end, which is hot for this time of year. I hate to turn on the AC so early.
I like to finish any outdoor projects by the end of May. Summer in Ocala is for laying by the pool and not doing yard chores except for driving around on the riding lawn mower.
All my 2009 Ocala weather reports are now on my other blog at OcalaRealEstateTalk.com
Date Palm Flower Ocala Florida May 09
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The weather in Ocala during April is great. No humidity, warm temps in the 80's, cool nights in the 60's. No need for the AC so you save on the electric bill. Just a great time of the year.
If you interested in Ocala weather you can find all my weather reports for 2009 at OcalaRealEstateTalk.com
Flowering Jasmine Vine SW Ocala FL
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