Savvy Ocala real estate mojo

The housing data released last week had some very good stuff in it.  Cash purchases represented 24% of all deals last year (from 32% the year before) Investor purchases were 14% of all deals last year (from 16%) First-time purchases were up to 32% (from 27%) The historic average of first-time buy...

Not too long ago, the idea that an area of Ocala would have fewer than 3 months inventory would have been unthinkable.  And yet...Timberwood is in southwest Ocala, with homes in the $250k range, and demand is greatly outpacing supply right now.  Typically 1 or 2 homes in Timberwood sell every mon...

One thing we love doing at Savvy + Company is playing with calculators.  Because we were frustrated with some of Zillow's, um, less-than-accurate valuations, we decided to write our own system to value properties.When properties hit the market here, our system "churns" through them and if it appe...

Ocala is 1 of the thoroughbreed breeding capitals of the world.  The first horse farm in Ocala started in the 1940s and today there are over 450 of them, employing over 10,000 people.We have a page on our site dedicated to Ocala horse farms for sale -- right now there are over 300 farms (mostly h...

I was glancing over some data today in our Neighborhood Analyzer and I stumbled on a couple major areas that are in a full-blown seller's market right now.One of them that stood out was Ocala Waterway, where, on average, about 5 homes per month sell.  Right now there are just over 20 homes on the...

Let's check in with Fore Ranch, a popular master-planned community in SW Ocala.Over the past year, just about 4 homes a month have sold in Fore Ranch:Activity has dropped a bit over the winter/spring, but prices have gone up:Sellers aren't coming off their prices by more about 4% during that span...