Jacksonville FL Real Estate Update

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Jacksonville Real Estate Market Ups and Downs

Life is full of ups and downs and how we perceive those fluctuations determines, to a large extent, how we progress through life.  People who tend to focus on the down cycles tend to be less productive than those who focus on the up cycles.  It is all about perspective.

How we view what is happening around us has far more influence on our behaviors and decisions than most of us realize.  This is why motivational experts encourage us to surround ourselves with positive thinking, positive talking and positive acting people.  It is in maintaining a positive outlook and perspective that we enable ourselves to move forward even in the face of adverse conditions around us.

Unfortunately it is common for news reports to focus on the negative.  It seems that even the most positive news, when reported at all, is buried deep inside the story.  The HEADLINES are designed to capture attention and for some odd reason negative headlines grab more attention than positive - or at least that is what editors seem to believe.

One such HEADLINE I saw recently said "Home sales fall 37%, median prices down 6%".   The headline was comparing March 2008 with March 2007.  What the headline DID NOT tell us is the fact that Home Sales INCREASED 20% in March 2008 over February 2008 and that the median price INCREASED 5% for the same period.  To the writer's credit, he did include this information within the body of the story but it was not the emphasis.

What the article also did not tell the reader is that the average sales price for a single family home in Jacksonville INCREASED more than 44% during the first quarter of 2008 compared to the first quarter of 2003 - not bad over a short 5 year stretch!  Real estate... it has ups and downs like everything else but over the long haul it just keeps getting better.

 

Hometown Realty Logo

Timothy H. Fennell, P.A.
Susan A. Fennell, P.A.
Broker Associates / REALTORS
www.BestHomesInJacksonville.com

3 commentsTim and Susan Fennell • April 22 2008 03:05PM

Comments

In the North Georgia mountains, We also have our ups and downs. Latley more ups than downs,but Wish ya'll luck.
Posted by Greg Hampton North Georgia Mountain Property,Blue Rid (Re/Max Around The Mountains) over 2 years ago

Tim...

Emphasize positive news? Are you crazy? Why would they eant to do that?

Good news doesn't sell newspapers, it the "Titanic Sinks" headlines that move the newsprint! Can't fool us though, the phone is ringing off the hook!

Posted by Richard Weisser Coweta Fayette Real Estate over 2 years ago

Hang in there, us Realtors know real estate is just a big cycle!

Tom Davis Real Estate Agent - Delaware

Posted by FREE Delaware Homes Search!, $$ Save $$ Find Homes! Delaware Realtor Tom Davis (Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !) over 2 years ago

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