Buying on Florida’s First Coast: Is Now the Right Time?
Friday, August 15th, 2008There are always going to be people who find themselves wondering whether or not the time is right to invest in a home or condo on Florida’s First Coast. While there are always going to be times that are better than others, some analysts are suggesting that the market is recovering:
(source)Wayne Archer, director of the University of Florida’s Bergstrom Center for Real Estate Studies, said spring 2009 could see an upward trend in the state’s real estate market.
“I would expect that Jacksonville might quietly lead the recovery,” he said. “Jacksonville did not have the same price run-up that South and Central Florida did and as a result did not get caught up in the hysteria.”
In other words, if you’ve been thinking about buying a home on Florida’s First Coast, one of the things that you’re going to want to consider is the fact that once the housing market begins taking an upswing, buying in Florida (and, therefore, living in Florida) is going to become a bit more expensive.
With Jacksonville and other First Coast areas leading the way toward a housing market recovery, those who are wondering whether or not now is the right time to buy just might want to take a closer look at what’s available.


