Tagged : jacksonville housing market

Found 1 blog entry tagged as "jacksonville housing market".

Florida Housing Market on the Rise

The market will continue its upward trend into 2013, said Dr. John Tuccillo, chief economist for Florida Realtors, which is holding their Florida Realtors® 2013 Real Estate and Economic Forecast Conference in Orlando this week.

Other experts at the conference we just as upbeat, one reporting that distressed properties are winding down from about 5 million at the height, to about 3 million today.

The median sales prices are rising for single-family homes and condo-townhomes. Other signs of steady improvement includes the fact that 44 percent of sales were cash transactions, from January to October of this year. A good sign that investors are coming back to the table. As for sellers, the experts are predicting rising prices will bring more of them back

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