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Real Estate - Setting Up A Real Estate Presence In Ocala
| Title : "Setting Up A Real Estate Presence In Ocala".Real Estate,Business Situated in central Florida, The city of Ocala is known as the "Horse Capital of the World," for its large number of equine farms and breeders. The city is also ranked as one of best places for property investment deals in the United States. Ocala has futher risen in prominence as a center for tourism in the state. The area's famous attractions include the Silver Springs, Wild Waters water park, and the now-defunct Western-themed Six Gun Territory, all located in nearby Silver Springs. Much of the county's growth at present, may be attributed to the area's rising popularity as a preferred retirement haven, mainly in the areas southwest of Ocala, which are the SR 200 corridor and The Villages. A New Study Indicates This Is The Right Time For Home Buyers A recently released University of Florida study has indicated that hopeful homebuyers in the state should act now, as the say the timing is good for buying single-family residential housing units, as the market prices have bottomed out. The quarterly survey of experts in the real estate industry shows that the proportion of respondents observing a drop in single-family housing prices has dipped, while a growing number find prices staying even with inflation This is the first time in the University survey's five-quarter history that buyers’ investment outlook for residential development has livened up. It declined for the first three surveys and remained flat for the fourth survey at the end of October, starting to rise only in this latest survey. The National Association of realtors has also reported that Ocala's single family housing increased 41% and ranks Ocala/Marion County 4th in the country. According to the report,"Of 20 larger metro markets in Florida, the median sales price of a home in 12 markets dropped,and increased in only eight, with Ocala up by 14 percent. Facts To Guide real estate Investors In Ocala Here are some important facts that will help prospective property investors and buyers in better analyzing the economic and social conditions in Marion County. - Marion County as a whole is indicative of an area of strong demographic growth. The County is estimated to grow from its current population of 304,926 to 569,800 by 2020, and the that number is expected to further rise by 64 percent by 2030 - The area has a growing and diverse economy. The county, and Ocala as well, has burgeoning industries like Lockheed Martin, Wal-Mart and the addition of two new major medical centers. - A rising population of retirees. Baby boomers and even younger retires have disposable income and are making the state their #1 retirement destination. - Promising potential for real estate appreciation. Most housing analysts view that new construction appreciates more, is easier to rent and requires lesser maintenance. - Improved state of public infrastructure (roads, freeways, airports) The Milken Institute, an independent US economic think tank, has rated Ocala as one of 'America's Best Performing Cities and is also ranked 13th in the fastest growing job market. The city’s economic indicators are good, as the opportunity for investment in Ocala remains one of the strongest in the USA housing market. Vanessa Arellano Doctor from www.fountainsatgolfpark.com/fountains/index.htm/ |
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