Did you know that a review of our nation's history shows that eight of the last 10 recessions have ended as a result of robust housing markets? Yeah... bring on that recovery!!!
Our country has found itself in the midst of a lasting recession, mounting debt, wide-spread unemployment and a fragile housing market. in an article "Ensuring Home Ownership for Future Generations" Ronald Phipps, the 2011 President of the National Association of Realtors (NAR) believes that to restore the nation's economy, we must look toward home ownership.
Locally, the St. Augustine and St. Johns County market seems to have stabilized.
Year to date:
We have had 1,665 Sales compared to 1,487 during the same period last year
The median Sales Price year to date is $165,000 up from last years $163,200.
All signs that now is a great time to buy or sell a home in St. Augustine!