Ocean Ridge

Home Loans

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Ocean Ridge Home Loans.

Whether you are a first time home buyer or trading up to a larger home in Ocean Ridge, we work to find the best home loan solution in ocean ridge for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Ocean Ridge Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Ocean Ridge, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is your local credit union. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

Ocean Ridge Florida Overview & Statistics

Ocean Ridge Overview

As of 2007, Ocean Ridge's population is 1,673 people. Since 2000, it has had a population growth of 2.26 percent.

The median home cost in Ocean Ridge is $338,000. Home appreciation the last year has been -4.04 percent.

Compared to the rest of the country, Ocean Ridge's cost of living is 6.81% Higher than the U.S. average.

Ocean Ridge public schools spend $5,441 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Ocean Ridge.

The unemployment rate in Ocean Ridge is 3.30 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Ocean Ridge jobs have Increased by 2.61 percent.

Ocean Ridge Climate

Ocean Ridge, FL, gets 58 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 99.

On average, there are 233 sunny days per year in Ocean Ridge, FL. The July high is around 89 degrees. The January low is 59. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Ocean Ridge Housing

The median home value in Ocean Ridge, FL, is $338,000. Home appreciation is -4.04% over the last year. The median age of Ocean Ridge, FL, real estate is 34 years.

Ocean Ridge, FL Apartments and Rentals

Renters make up 9.17% of the Ocean Ridge, FL, population. 39.74% of houses and apartments in Ocean Ridge, FL, are unoccupied (vacancy rate).

Ocean Ridge Crime

Ocean Ridge, FL, violent crime, on a scale from 1 (low crime) to 10, is 2. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Ocean Ridge, FL, property crime, on a scale from 1 (low) to 10, is 2. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.oceanridgeflorida.com

Ocean Ridge Real Estate Agents

Florida First Time Home Buyers Grants

Florida First Time Home Buyer Programs

Florida Home Loan