Ocala Real Estate - Buying Homes In A Healthy & Lush Country Setting

The city of Ocala prides itself with being in theslight increase from the recorded price of $169,500 for
crossroads of Florida. The city is known for its lushthe same period last year. The National Association of
rolling green fields, and the large concentration ofRealtors also noted a U.S. median home price of
equine horse arms, which gives it the title of being the$223,800 for the second quarter of 2007, as
"Thoroughbred Capital of The world."compared to $227,100 for he same period last year.
Aside from having a lush green natural setting, theFor the state of Florida, the median price for the period
area is also famous for offering residents andwas $221,200, which was down from $243,300 for the
newcomers a healthy array of real estate choices tosame period last year. According to some local
choose from, ranging from affordable bungalows,property observers, the area's housing market is still
single-family homes, apartments, town homes, condosbeing relatively seen as a buyers market. Sales are
and even sprawling estates. The city as well as Marionoff quite a lot when compared to the figures in March
County also offers residents and visitors many2006, when 614 homes were sold.
outdoor recreational activities and amenities, with itsThere is still a a glut of newly-completed but vacant
wide array of parks and recreational facilities.homes, as these were bought by investors who
The County Has A Large Number of Parks Andintended to flip them but have now been caught with
Recreational Centershouses they can't sell. According to industry watchers
Marion County's parks and recreation system hasthere are around 6,869 homes listed on the Ocala
around 45 facilities to offer tourists and outdoorMarion County MLS as of the last quarter of 2007.
enthusiasts, ranging from boat ramps to softball fields,Homes here that are selling, are at present priced and
beaches, nature and conservation areas and even dogin the mid to lower price range, and well-priced
parks.residences are selling close to their asking prices.
Some of the county's recreational facilities offer freeSo would this be a great time to buy a home here?
entrance, while some charge a small entrance fee, andSome say yes, while some say that it's still too
many offer annual passes. The Rainbow Springscautious to say yes. It would all depend on you to
State Park in Dunnellon has the state's fourth largestdecide, however be on the lookout for some excellent
spring, and is headwaters are popular destinations forand wonderful deals out there, since at the moment,
canoing, swimming, snorkeling and kayaking on theinterest rates are near historical lows.
Rainbow River.Currently, the median price for homes in his city and
Is It A Buyer's Market Here Today?county are already the 2nd lowest in Florida, therefore
According to real estate industry observers, thethere's tremendous potential for home value
median price of homes for the second quarter ofappreciation over the next several years.
2007 was pegged at $170,900, and this represents a