Reported this morning on a national news channel, only 5% of Americans are either in the market or about to be in the market to buy a home.
This number is very low, but not surprising considering the current economy. The really good info was the demographic as they reported the MAJORITY of that 5% were under the age of 35. The "under 35" category is made up of Gen-X and Y, and they believe the market has bottomed out and now is a great time to pick up good values.
Jacksonville home buyers support the national news report
The majority of homes that I have sold in the past few months were purchased by first time home buyers which supports the national trend as well. Not surprisingly, the homes that were neutral in color, very clean, with well manicured yards sell the fastest!
If you are a first time home buyer in Jacksonville Florida, contact us and we can help you find a great deal.
Need to sell? It's time to get your home on the market and get it sold! Contact us and we can walk you through the process to price it right and attract today's buyer.
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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 22nd, 2019 at 7:23pm EDT.