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In light of the present crunch in the US housing and credit markets, most property investors and home buyers may feel a little uneasy when it comes to buying new properties.
That jittery feeling is fairly understandable. Although today there seems to become a slight cooling of the housing boom in Florida, there still is significant building going on in Marion County, where the city of Ocala is located. The U.S. Census Bureau, as of August 2006, has recorded requests for 5,381 new privately owned, single-family residential building permits.
Some districts and areas in the county, like the growing State Road 200 corridor, have manifested consistent growth rates for all years. New subdivisions and commercial developments are needs to pop up in rural areas, like the development project at the former Irish Acres horse farm in the northwest quadrant.
Marion County, As Well As Ocala, Is Rapidly Growing
Ocala and Marion County's business community may be described in one word: growing. New business are sprouting,and the present ones are expanding further. A new glass production facility moved to the region in 2006 to higher serve an integral customer. A major regional food service distributor is moving in, the 2nd to locate here.
"The national economy appears to be fundamentally sound, and that creates a great platform for people and it is also a great predictor of economic development," notes the Ocala/Marion County Economic Development Corp. Shoppers aren't left out of the boom either, as construction recently began on a downtown retail and restaurant center called the Ocala City Shops and Walk.
The project, that will be area of the redevelopment of downtown Ocala, and is expected to be completed in 18 months. Marion County is now the 16th most populous county in Florida, and has a population of around 300,000 people. With the rapid population growth, the county has seen an unparalleled rise in new house permits and plan submissions for commercial development. villages golf
Ocala Is A Good Investment And Retirement Haven
The city of Ocala is home to lovely historic districts, where many of the beautifully restored older homes have fascinating backgrounds. The Ocala National Forest area, which is a mecca for outdoor activity enthusiasts, is also home to many residents, wherein homes vary from elegant modern facilities to historic Cracker houses, to manufactured homes in myriad styles.
In The Villages, including parts of Marion, Lake and Sumter counties, housing options run the gamut from patio homes to mansions. The amenities, such as for example numerous golf courses, recreational centers and the popular town squares, make the region attractive to a alrge quantity of retirees in search of an energetic lifestyle..