Money Magazine: Buying now is cheaper!

Posted by Brad Officer on Tuesday, March 25th, 2014 at 12:59pm.

 

Take Note:  Money Magazine is yet another source saying buy now!  

Why buy real estate in Jacksonville now?

  1. Home prices are still low in Jacksonville.  Low from their highs in 2006.  
  2. Home prices are rising in Jacksonville.  I'm betting by as much as 5% in the next 12 months!  
  3. Mortgage rates are ridiculously low.  Mid to high 4's are historic lows and some estimates are this will be the last we see of these for several decades.  
  4. Mortgage rates are rising!  Most estimates state they will rise by a full 1% point this time next year.  Of course, it'll be a steady rise, so everyday you wait could cost you more money on a monthly basis. 
  5. BONUS:  Jacksonville is widely seen as an undervalued market.  If you are buying a home to live in with your family, and you intend to be there for 5+ years, you have the benefit of Jacksonville's coming upswing in home values!  It's happening.  

Ready to Search Homes in Jacksonville, search the MLS or Search best neighborhoods in Jacksonville.   

Thank you in advance for Sharing!

 

Give us a call at 904-234-5196 if we can help you buy or sell real estate in Jacksonville, FL.

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Listing information last updated on October 18th, 2019 at 5:23am EDT.