In addition, most experts believe that our sales of housing will be up next year!
Finally confirmation on what your local Jacksonville and Ponte Vedra Beach Realtors, the Phyllis Frankel Realty Group, inc., have been saying all along. It is exciting to find real expert opinion in the Media just about Jacksonville and North Florida instead of all the doom and gloom reports that focus on the real estate markets that were "over heated" in South Florida.
With all the media reports covering the national housing market it is hard to find another expert's opinion on our area. After all, the keywords in real estate has always been "location, location, location". So it doesn't matter what is happening in other parts of the country or state in the real estate market.
People in the Jacksonville and Ponte Vedra metro area of Florida should only be concerned with the Jacksonville and Ponte Vedra beach metro area of Florida. What happens in the local job market and the local economy is more important then anything you hear about other areas. You shouldn't care about home prices that are declining in Sarasota and Tampa Florida.
339 professional real estate analysis made up of appraisers, real estate consultants and real estate brokers answered that North Florida and Central Florida had the healthiest single family housing market in Florida.
In the past couple years we had many clients who were "cashing-out" in South Florida and moving to the less crowded and more affordable North Florida area. It will be interesting to see if this trend continues.
In addition, in Jacksonville fifty percent of the respondents expect an increase sales over the next year of single family homes.
Smart investors should follow the Warren Buffet way and buy when prices are low. We provide a list of bargain properties here in North Florida that include short sales, foreclosure properties, coporate relocation properties and properties that have been on the market for an extended period of time. Now maybe the time to lock in your price before the crowd comes back into the market and normalizes prices.
The real estate market is not as good as it was the past couple years. Like the stock market the real estate market does have it's ups and downs. And while we are in a current down period for selling homes, it is still a good time to buy a Jacksonville Florida or Ponte Vedra Beach home. And if you take a bigger hit when selling your home this year then you thought; you should be comforted that you will make it up when buying your next home.
Date: 2007-12-07 09:17:00