Well it’s time to take a look at where we are and where we’re headed in the Jacksonville real estate market. Currently inventory levels aren’t looking pretty. However, Governor Crist halting foreclosures, government bail-outs, and never before seen affordability levels may make 2009 an interesting year for real estate. I’ve said it before and I’ll say it again. This is still an excellent market for two groups of people. First-time buyers and move-up buyers. If you have questions or comments about the direction of the market I would love to hear them. Merry Christmas!
Filed under: Sellers, buyers, jacksonville real estate, real estate market
Hi, Jeff-
It certainly is going to be an interesting year. There is another great group of people that will be looking to buy in Florida. People who live in the Northeast are still looking down in Florida. It’s a bargain now and people who have an extra few bucks laying around may be willing to buy a condo on the ocean now that they are affordable. Have you tried hooking up with someone in NYC? Maybe you can buy advertising on the subway line to motivate people to buy in Florida. To them, our real estate is cheap.
I remember when I was in NYC last time the trains were covered with ads to go vacation in Costa Rica. Some slick ads about Florida Real Estate could be successful.
Augie
Augie – I certainly agree with this statement and believe the same applies to Canadian’s interested in the Sunshine State as well… Haven’t thought about advertising there… Interesting idea though.
Are you located in Jacksonville??
Jeff