Marion County, Florida Real Estate on the Rise
One of the fastest growing counties in the nation, Marion County Florida is quickly becoming a viable investment option for those looking for an alternative to costly, crowded major Florida cities. With less than 70,000 residents, the county has nearly quadrupled to a population of 250,000. For the past few years the county has consistently ranked as one of the three fastest growing areas in the nation while still maintaining a diverse community where country life still dominates some areas. Comprised of five different vastly different cities, Marion County boasts a well-preserved history coupled with the vitality of a major metropolis.
Even with its continuous growth, Marion County remains affordable. Modern single-family new homes are priced from $120,000 up, while brand new apartment complexes offer monthly rates starting at just $570/ month. Local developers have caught onto the recent trend of building gated communities, but, like other Marion County real estate, home prices in these luxury communities remain affordable. In fact, in 2000 the National Association of Realtors named Marion County's Ocala as having the third most affordable housing in the nation.
Ocala, the seat of county government, is by far the largest city within the county and was recently named one of the top 50 small metropolitan areas in the country by Inc. Magazine. Ocala also boasts the second highest real estate appreciation rate in the nation at 25.9%, just behind the recovering Baton Rouge, Louisiana. But the region is not shaping up to be an industrial, urban smog kingdom; the air quality (91.2%) is 20 percentage points higher than the average of CNN's top ten places to live. And the city is surrounded by historic districts, a national forest, and Florida's second largest artesian spring.
Among the many nature-based attractions is Marion County's equestrian industry. In 1999 the U.S. Department of Agriculture named Marion County the "Horse Capital of the World" due to its number of horses in residence exceeding everywhere else in the country and praised its near 50 different breeds. Equestrian enthusiasts can seek employment in the county's massive thoroughbred industry that employs 29,000 Marion County residents. However, if you keep you with the times and modern culture interests you, the technology industry is also thriving. And the construction industry is one of the quickest in the state, issuing over 200 building permits each month. The new industries mark significant progress from an economy based solely on agriculture just thirty years ago.
Related Tags: investment, real estate, florida, low cost, preconstruction, hernando
YAERD offers real estate investing advice, Hernando Preconstruction information, and tips to new and veterans in the real estate industry. You will also find information on Jroberts New Construction Homes, and Florida Spec Homes.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- The Importance of Your Garden When Selling Your Home
Over 80% of buyers have reported that having an outside area or garden is the most important feature - Living in San Anselmo, California
If you are looking at real estate in the San Anselmo California area, you may be in for an experien - Business, The Advantages Of Purchasing A Home In Miami Through A Realtor
There are plenty of homes to purchase in Miami real estate, and having one in the city is sure t - Huntsville Alabama Real Estate Historic Points
Historic Five Points is one of the coolest neighborhoods in Huntsville Alabama real estate. Located - Things To Consider Before Buying A Plymouth Real Estate Property
Buying a Plymouth real estate propertyAn important aspect in buying a house is the location. If your - Purchasing a House - What You Will Need
You have finally decided to own a house. However, you can be unsure of what to do. The scariest thi - Craigslist Rental Real Estate a Target for Scam Artists
If you've bought a rental property and are advertising it on Craigslist or other online classifieds - Stop Mortgage Foreclosure - Improve Your Chances With These Simple Strategies
Your property will be subjected to mortgage foreclosure if you failed on the monthly payments of you - Stop Home Foreclosure - Follow These Simple Steps
Mortgage foreclosure issues are nightmares. Getting a barrage of notices from the legal department o - What Is A Trustee's Sale?
Previously, the steps that a lender can undertake the moment mortgage foreclosure has started were e
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv
