From the Beach to Downtown, Property Sales are on the Rise!

By March 31, 2014Traditions Property Blog

For years we have heard a lot of talk about how great of a market it is right now for buyers. This is still true, but slowly and surely the market is making leaps and bounds. With every month that passes by we hear about how property sales in Jacksonville are getting more and more expensive.

A lot of people are unsure as to how fast prices will continue to rise over the next several months and even over the next couple of years. It is hard to predict what the future holds, but it is possible to watch trends closely and think about what may happen next. This is where real estate experts come into play. We know the market, and we watch the trends, and we do what we can to predict what will come next. That is why we can say with some authority that the market is getting healthy, and prices are going to go up.

There are a few reasons why a real estate expert might tell you that NOW is the best time to buy a home:

  1. Mortgage interest rates are at an all time low
  2. Competition for homes is still low as people are finding work and credit rates are recovering
  3. Property sale prices are still significantly lower than they were ten years ago

If you are interested in taking advantage of these low property sale prices, then contact us soon. Jacksonville is a great city for investment property, with houses going up on the foreclosure market almost every day! There are plenty of opportunities out there. Taking advantage of this one as it comes knocking could lead you to a new front door!