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,…
Celebrate the Magic of Christmas in Ocala & Dunnellon
The holiday season is upon us, and there’s no better time to enjoy the charm, lights, and festive spirit of Christmas in Ocala and Dunnellon. From spectacular parades to dazzling light displays, there’s something for everyone to experience and enjoy this season. If you’re looking for family-friendly activities or holiday events to attend, we’ve rounded up some of the best happenings you won’t want to miss. Winter Wonderland at the World Equestrian Center One of the most magical holiday attractions is the Winter Wonderland at the World Equestrian Center in Ocala. From November 29 to December 23, 2024, you can witness the center transform into a sparkling winter wonderland featuring…
Market Insights: Shifting Trends for Dunnellon Homes For Sale
Opportunities and Insights for Dunnellon Homes For Sale: As we move through the final quarter of 2024, the real estate market in Dunnellon, FL (zip code 34432) presents an intriguing story for buyers and sellers alike. The current market offers new opportunities for buyers and challenges for sellers. As the market transitions from a seller’s market to a more balanced one, rising inventory levels are creating greater flexibility for buyers while increasing competition for sellers. Understanding these trends is key to making the most of this dynamic market – let’s explore the latest insights to help guide your next move. Let’s analyze key trends, backed by the latest statistics, to…
Florida’s Rising Housing Inventory: Impact on Buyers & Sellers
Florida’s real estate market is experiencing a major transformation, with Florida’s rising housing inventory increasing by 35% between the first quarters of 2023 and 2024. This dramatic surge, the highest in the country, is reshaping opportunities for buyers while presenting challenges for sellers. Understanding the factors driving this shift and how to navigate it is essential for success in today’s market. The Numbers Behind Florida’s Rising Housing Inventory Key Stats on Inventory Growth: Statewide Increase: 35% more homes for sale between Q1 2023 and Q1 2024. Top Cities for Inventory Growth: Tampa, FL — 90% Orlando, FL — 76.9% Miami, FL — 72.2% Jacksonville, FL — 68.3% These increases highlight…
The Pros of Living in Florida Despite Hurricanes
Florida remains one of the top destinations for snowbirds and retirees, offering a warm climate, stunning scenery, and a laid-back lifestyle that’s hard to resist. While hurricanes may be a concern for some, the pros of living in Florida far outweigh the seasonal storms. This is especially true in areas like Ocala, Homosassa, and Dunnellon, where the beauty and benefits of living in Florida shine bright all year long. Why Hurricanes Don’t Deter Florida’s Resilience Areas like Ocala, Homosassa, and Dunnellon. These inland and Nature Coast regions often experience less severe impacts compared to more exposed coastal areas. Florida’s communities are well-prepared, and recovery efforts are swift, allowing life to…