In today's market, the demand for waterfront homes is still strong. At only 155 days as the median for 2009, Jacksonville waterfront homes are still selling. Read the full blog "selling a waterfront home in Jacksonville".
The natural attraction to living on the water obviously creates demand for these homes, however I also believe there is a "flight to quality" helping out.
As any home buyer is looking for 3 things right now: #1 A DEAL, #2 Location, #3 A well built home. With these three items in check - a house purchase investment is secure.