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V Dr. :: Blog :: Ocala Real Estate: Living In One Of The Fastest-Growing Areas in The Nation

April 01, 2008

The city of Ocala in the central part of Florida is an area filled with many wonderful natural and historical landmarks, and combines natural and man-made diversity, which makes it a relaxing and exceptionally-delightful location for young families and professionals to call home. The city is located in Marion County, and is noted for successfully blending the past and the present.

Living Amid Horse Farms And Forests

Beyond the city, one sees a large area of crop lands, horse farms, and acres of national forest, and just close to these natural sights are the collage of masterfully-planned residential communities, where its residents enjoy all the comforts of modern living, and nearby these villages are the presence of shopping centers and malls, restaurants, cultural festivals, nature-based attractions, and top-notch educational facilities.

Many new residents are enticed to live in this area, attracted the region’s thriving economy, excellent quality of life, splendid recreational activities, lush green environments, and also a diverse array of shopping opportunities as well.

Marion County Is One Of The Fastest Growing Areas In The US

With thousands of new families and individuals coming here and calling it home, Marion County has been renowned for being among the three fastest-growing areas in the nation. The county's relaxing but welcoming atmosphere enables the easy transition f newcomers, and the wide offering and affordability of housing options here helps to ensure that there newcomers will have access to homes that will suit their budgets and lifestyles. Over the past 5 years, the county's population has grown by 17.8% , which is much faster than state or national averages.

The Construction And Technology Sector Are Alive And Booming Here

According to statistics, the construction industry in this city, and in the whole county as well, is one of the fastest-growing in Florida, as around 200 or more building permits are issued each month, and contractors are building everything from barns to office buildings. The county also has been recognized as n area which signifies an astounding growth in home and business construction.

The builders in this region are represented by the Marion County Builders Association as well as the local Chamber of Commerce. Aside from the construction industry, the high-technology industry sector is also growing in this county. Tech firms ranging from software and hardware development to fiber optic and satellite communications can be found in this area, and local Internet service providers and Web site development services and programs are readily available from an assortment of local venders and dealers.

Affordable Homes Are Aplenty Here Too

In this region, prospective home buyers will be able to see a wide array of modern, affordably priced, single-family homes, condominiums, villas and patio homes or large estates, as well. With more apartment complexes being built every day, these developments offer better rental opportunities for residents, with monthly rents ranging from $570 to $1,300 for more upscale units. Multi-family homes here are priced from around $120,000 for starter homes, to larger estates and horse farms that are priced from $450,000 above. The standard three-bedroom, two-bathroom unit here would cost between $200,000 to $240,000.

Situated in the north central part of the state, Ocala and the whole of Marion County is a substantial market, which is home to more than 305,000 residents, and nearly 121,000 households, Economist say that the county is expected to further grow by an additional 10% , to 335,000 residents by 2010.

Posted by V Dr.

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