Because Jacksonville and northeast Florida never went through the crazy real estate speculation boom that affected other U.S. regions, things are looking up for property owners in our area. In fact, Jacksonville was named number 8 in a list of Ten Best Cities for Bargain House Hunters compiled by Forbes magazine.
A recent report by the Florida Office of Economic and Demographic research estimates that real estate value in Duval County will climb by 3% in 2008, making it one of only two counties in the state (the other is Leon) that will sustain an increase in the housing market. More good news for Jacksonville house hunters—the city ranked 19th out of 100 markets in private sector job growth. Add to this the fact that Jacksonville’s inflation rate was below the nation’s average and we can consider ourselves fortunate to live in this lovely and stable community. (Plus, there’s that fabulous weather).
If you’ve been waiting to look for a home, now would be a great time to start looking. Ditto if you’ve been thinking of moving up or downsizing. In my many years as a real estate agent in Jacksonville, I can honestly say that there has never been a better time to buy…or sell. Let me help you turn your real estate dreams into reality.
Gina
Tuesday, May 13, 2008
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2 comments:
a crack head. Jacksonville received an F- from toll brothers. And we are ranked 8th in the us for foreclosures. Stop smoking that crack pipe.
WOW. This comment really looks stupid two months later. The Jacksonville RE market is terrible and is showing no signs of recovery. Things are getting worse with each passing month. WOW...
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