If you are relocating to Florida, check out the hottest area in Florida and I'm not talking about the heat.
With a cost of living below the national average, wonderful climate and business-friendly environment and real estate prices very affordable, I believe Jacksonville Florida is one of the best real estate markets in the country.
Jacksonville Florida homes prices are among the most affordable in Florida and According to a report by Realtor.com, Jacksonville houses for sale are projected to increase in price by 4.3 percent, which is roughly double the national average.If you are thinking or buying a home in Jacksonville, Buyers should definitely consider purchasing Jacksonville properties soon.
Jacksonville has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 44.4%, which is higher than the US average of 33.5%. Jacksonville is the only Florida city that is home to four Fortune 500 companies. The region also has a world-class health care system, with more than 20 hospitals and a growing bioscience community. Additionally, 13 of Forbes Global 500 have operations in Jacksonville.
Florida is the 4th largest economy in the US, after California, Texas, and New York. It is also one of the strongest and fastest growing. As you’d expect, the state’s housing market predictions 2019 are significantly influenced by this strong economy. This has certainly been the case with Jacksonville real estate market trends. The city, for instance, has been ranked by Forbes as the 7th best city for future job growth and the 8th biggest city with the fastest growing economy.
Jacksonville is expected to continue its high employment growth in 2019. This rate, according to the report, is more than the national rate, which is a common trend seen in Florida markets. This employment growth will likely increase the population growth rate, which will ultimately increase the tenant pool and tenant stability. It is projected that future job growth in Jacksonville will be about 40 percent until 2027. These two Jacksonville real estate market trends– a strong economy, and employment growth- are arguably the most important for the Jacksonville housing market predictions 2019.
If you are thinking of retiring in Florida, Jacksonville Florida is ranked # 68 in the USA by Niche with an overall ranking of B+ https://www.niche.com/places-to-live/jacksonville-duval-fl/rankings/
Relocating to Jacksonville Florida is worth taking a look at. If you are thinking of moving to Florida contact me and I will refer you to a Local Real Estate Expert that can answer your questions and help guide you along the home searching process.
Visit my website today @ www.CheckHomeLoans.com or feel free to reach out to me @904-712-1500 for a nobligation chat.
Get the latest real homes for sale listings before anyone contact me today to get set up Instantly, just send me an email with subject line " Home Search" as the subject line and I will get you set up. LeoLends@yahoo.com