Is it possible that the end of the record price plunge in the Northeast Florida real estate market is approaching its end? It seems this lingering question finally has some telltale signs that could make it true. For the third consecutive month, home prices fell at a considerably lower pace. Could be this be a sign of positive things to come?
As welcoming as this news is, there are a few roadblocks that could lead to additional troubles. Northeast Florida real estate foreclosures are still a prevalent problem as employers cut positions and loan refinancing takes longer than expected.
Thus this news should probably be taken with a bit of cautious optimism. The Northeast Florida real estate market is slowly improving but prices are still coming down, just not as radically which, at the end of the day, is still something to smile about.
Filed under: Uncategorized | Tagged: Jacksonville real estate, Jacksonvillle real estate, Northeast Florida real estate
