Will Mortgage Rates Go Back To 3 Percent?
Will Mortgage Rates go back down to 3%? Here’s What Buyers Need to Know in 2025 During the COVID-19 pandemic, mortgage rates dipped below 3%, creating an unprecedented opportunity for homebuyers. However, experts agree that such low rates were an anomaly, unlikely to return in the foreseeable future. Currently, mortgage rates are hovering around 6.3% and are expected to remain in the 6-7% range through 2025. Will Mortgage Rates Ever Return to 3%? Here’s What Buyers Need to Know in 2025 During the COVID-19 pandemic, mortgage rates dipped below 3%, creating an unprecedented opportunity for homebuyers. However, experts agree that such low rates were an anomaly, unlikely to return in…
Real Estate Market Update: Buyers Take Lead
Buying a Home in Ocala with High Interest Rates
Top 5 Golf Communities in and Around Ocala, FL
If you’re searching for the ultimate golfing lifestyle, Ocala and its surrounding areas boast some of the finest golf communities in Florida. Whether you’re looking for a challenging championship course, resort-style amenities, or a vibrant social scene, these five communities stand out. In this guide, we’ll explore the top 5 golf communities in and around Ocala, FL, detailing their golf offerings, membership fees, HOA costs, additional amenities, and the newest homes for sale. Black Diamond Ranch – Lecanto, FL Black Diamond Ranch is a premier gated golf community known for its breathtaking Tom Fazio-designed courses, including the world-famous Quarry Course. This private golf club features three courses, offering a…
How To Avoid Stale Listings
Avoiding Stale Listings: A Look at Ocala Real Estate and Nearby Markets In today’s ever-changing real estate landscape, pricing your home accurately is more important than ever. Overpricing not only reduces buyer interest but can also result in your property becoming a “stale” listing. Let’s explore current trends in Ocala real estate, as well as in Dunnellon and Citrus County, to understand how to avoid this common pitfall. Ocala Real Estate Market The Ocala real estate market continues to show resilience. As of December 2024, the median sale price in Ocala has reached $267,275, reflecting a 17% year-over-year increase. However, homes typically take 53 days to sell, signaling a moderately…
Florida Homestead Exemption: Key Filing Deadline for 2024 Homebuyers
If you purchased a home in 2024 as your primary residence and occupied it on or before January 1, 2025, it’s time to take advantage of Florida’s Homestead Exemption. This essential property tax benefit can significantly reduce your annual costs and provide additional protections. Here’s everything you need to know to meet the filing deadline and maximize your savings. What is the Florida Homestead Exemption? The Florida Homestead Exemption allows homeowners to reduce the assessed value of their primary residence by up to $50,000 for property tax purposes. The first $25,000 applies to all property taxes, while the second $25,000 applies to non-school taxes. In addition to the tax reduction,…