Ocala and Manatee County Ranked Among the Best Places for Homeownership

Posted: February 16, 2015 | Categories: Communities | News
By Highland Homes

Beautiful new home at Palmetto Estates in Manatee County Beautiful new home at Palmetto Estates in Manatee County

If you’re looking to become a Florida homeowner, you may want to consider new homes in Ocala or the North Port-Bradenton-Sarasota metropolitan area. Both were recently named two of the best regions in the nation to purchase real estate.

In a recent article, NerdWallet conducted an analysis to determine the best places for homeownership based on three main criteria. Researchers analyzed the 100 most populous metropolitan areas of the US for characteristics that would be appealing to homebuyers, namely availability, affordability and area growth. Availability was determined by home ownership rates, where a high rate of ownership rated a high score and low ownership rates signal a competitive market with expensive housing and more appeal to renters. Affordability was determined by examining median household income and monthly homeowner cost; areas with high income and low cost of living received high scores. Finally, area growth was determined by measuring population growth over a one year period, and indicates an area attractive to new residents and with a strong local economy. Lastly, the list was separated into small, medium and large-sized metro areas, to better compare cities that would appeal to everyone.

In the category of “best small metro areas for homeownership쳌, Ocala ranked No. 5 in the country. Boasting a 76.1 percent homeownership rate, the highest in this category, this north Central Florida location is incredibly popular for real estate. The area is known for its horse farms and serene location that offers a wealth of state parks, trails and outdoor activities, including Silver Springs State Park and the Ocala National Forest, the second largest national forest in Florida. Businesses are growing in the area, and Ocala’s strong health care system has helped to make it a popular retirement destination — as well as home for those who work in the healthcare industry.

Beautiful new homes in Ocala can be found at Meadow Glenn, a gated community with home prices starting in the $130,000’s. Located near some of the area’s top golf courses, parks, nature trails, and beautiful Florida natural springs, Meadow Glenn offers homeowners plenty of opportunities to enjoy living a laid-back Florida lifestyle and is indeed a wonderful place to call home.

Located along the west coast of Florida, the North Port-Bradenton-Sarasota area was ranked No. 9 for the “best medium-sized metro areas for homeownership.쳌 This metropolitan area consists of Manatee County and Sarasota County, with the five largest cities being North Port, Sarasota, Bradenton, Venice and Palmetto. Based on the NerdWallet report, this metropolitan area is growing at about 1.5 percent per year and boasts a homeownership rate of 72.6 percent.

Why do people love living in Manatee County and Sarasota County? The beautiful beaches, waterways, and outdoor recreation! This area includes Siesta Key and Anna Maria Island, continually ranked as the best beaches in Florida by both locals and tourists.

Within rapidly growing Manatee County, Palmetto Estates offers charming and affordable homes starting in the mid $100,000’s. Homeowners enjoy convenient access to the area’s parks, beaches, nature preserves, marinas, golf courses and recreational facilities, as well as retail opportunities at the Ellenton Premium Outlets and highly-rated schools. Additionally, ponds and open spaces within the community provide relaxing nature views.

If you are looking for new homes in Central Florida, we hope you take NerdWallet’s advice and take a look at these affordable and growing regions ranked as the best places to own a home in the entire US.

To learn more about new homes available in these top-ranked Florida regions, as well as our homes throughout the greater regions of Tampa, Lakeland, Winter Haven and Orlando, visit the Highland Homes website.

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