The year 2010 started out well for Northeast Florida Home Buyers and Sellers as Jacksonville continues to offer some of the best opportunities for real estate purchases in the entire state of Florida. As with other regions, Jacksonville real estate values have declined over the past few years but not nearly as much as most.
According to Florida Realtors and the University of Florida Bergstrom Center for Real Estate Studies, Jacksonville real estate prices only decline 16% from 2008 to 2009. By comparison, Tampa saw a decline of 19%, Orlando values dropped 28% and Miami had a 29% reduction. The statewide average was a whopping 24% decline. So you can see that Jacksonville continues to be a strong economic leader in the state.
Jacksonville, FL - It's a Beautiful Life!
With a low cost of living and high quality of life, this is a fabulous time for buyers to move forward in purchasing Jacksonville Florida real estate and making Jacksonville their permanent home or their "fun in the sun" vacation destination.
Prices seem to have hit bottom and interest rates are still low... but that won't last forever. Already there is talk of increased interest rates over the coming months. Now is the time for savvy buyers to make their move. Buy Low - Sell High!
Visit our website or come on in and talk with us face to face at:
Hometown Realty of Duval
10110 San Jose Boulevard
Jacksonville, FL 32257
904-288-9293 Ext. 232
ABOUT THE BLOG OWNER
TIMOTHY H. FENNELL, PA
Tim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.
His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist.
Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.
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Tim - I feel a little better knowing Jacksonville property values declined less than others in the state. ..I agree we have a great quality of live here.