From traditional quarters, closed units to scattered retirement communities, those who are looking for a home, I hope, can find it all in Ocala, as well as in Marion County.
Distributions, such as Silver Springs Shores and Marion Oaks, are older, more developed residential communities and are still experiencing steady growth. Other areas, such as Fore Ranch and Heath Brook, are newer units. The southern part of Marion County is also home to many massive retirement villages, as well as other closed communities and villages.
The Ocala / Marion County Construction Department noted that housing growth in the city and district also remains strong, and, like most of the central and southern states of Florida, there is a flow of new families and retirees who are moving from a harsher and colder northern climate, as well as growing employment opportunities in the area.
Indicators for robust growth in Ocala
According to local housing experts, most indicators that would create a healthy local market for new home sales are reflected in Ocala. These factors, such as low interest rates, lower cost of construction goods and services, strong commercial construction activities and baby boomers reach retirement age. Overall, the housing sector is optimistic that the new housing market in Marion County will be healthy for the next 12-24 months.
Ten reasons why you should invest in Ocala real estate
- Affordable housing
Ocala, as well as Marion County offers many affordable housing programs for families eligible for income, and this includes the State Housing Partnership or SHIP, as well as a community development grant or CDBG to buy or rehabilitate a home outside of Ocala . In Ocala, the CDBG Housing Rehabilitation Program, which uses federal funds, is among the programs offered to residents eligible for income within the city.
- A wide range of employment opportunities
The slowdown in the housing, credit and construction sectors has led to an increase in unemployment in recent months, with the unemployment rate rising to 4.8 percent. However, employment in the manufacturing and services sector has increased, and as a result, the possibility of choosing vacancies has appeared.
- The retail sector is booming in the city
Further development of the Ocala retail sector is expected. A new shopping street at the Heath Brook shopping and entertainment center is scheduled to open early next year, offering customers new opportunities, including Dillards and Talbots. Paddock Mall, the first district shopping center, is scheduled for renovation and expansion in 2008, and new centers are being developed next to it. The new Berkshire Oaks shopping center will add to the retail sales of large retailers Kohl and HH Gregg.
- Easy access to modern Medcal products.
Of the largest employers in the district’s private sector, two are in the health sector, three in retail, three in manufacturing, one in finance, and one in support services. Munro Regional Medical Center is the largest single-person employer in the county, with 2,427 employees, followed by Wal-Mart since 2385. The welfare of county-level medical facilities in the city offers residents better and convenient access to medical care.
- Availability of high-tech industries
The high-tech industries of Ocala are also developing. Lockheed Martin, an aviation and technology firm, continues to build missile control systems at its Ocala facility, while Intellon is expanding its line of integrated circuits into new products.
- Emerging tourism market
As tourism continues to grow, recently a visitor and the congress bureau of Ocala / Marion County were allowed to conduct a feasibility study to determine if the area could support the establishment of a convention / meeting. Recently opened new hotels in the east and west of Ocala. The new Holiday Inn Express opened just outside the Silver Springs attraction, which was joined by a hotel with extended Value Place stay.
- A number of housing construction events are held annually in the city
Every year, several home events are hosted to showcase potential home buyers for district builders. The two biggest events in this area are the annual spring parade of houses and the autumn showcase of houses. The Marion County Building Industry Association sponsors both events.
- It is the equestrian capital of the world
Karl Rose, who made millions in the limestone industry, opened his Roosemer farm east of Ocala in the 1930s. However, it was people like Bonnie Heath and Jack Dudley who began to produce Triple Crown champions in Marion back in the 1940s and 1950s. Today, Marion and Ocala proudly call themselves the “Capital of Horses of the World” because of the hundreds of farms that grow dozens of horses.
- The city offers many opportunities for learning
There are many learning opportunities in Marion County, and they range from public and private primary schools to colleges and university opportunities. Among them, Florida's Central Municipal College, and its main camp on state road not only offers associate degrees, but also has a university center where students can receive bachelor's and master's degrees through online classes at seven universities.
- He has a vibrant nightlife
The city has a healthy range of entertainment, canteens and entertainment venues. No matter what you want to dance all night long, go out with friends or just relax, there are several nightclubs for those who want to have fun.
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