
More great news for the Northeast Florida real estate market, heading into 2017. The Realtor.com economic team set out to discover which of the nation's metro areas are expected to be blazing hot in the new year. And while most of the Top 10 winners were situated out West, Jacksonville came in with some very impressive and promising results.
This year, Jacksonville beat out it's other Florida rival, Orlando, to take the #6 most promising metro real estate market in the United States. The forecast measures two variables, price growth and sales growth. Jacksonville's price growth was 4.8% (versus Orlando's #7 performance of 5.7%) and the region's sales growth was 7.0% (versus Orlando's 6.1%)
Two factors that really impacted our top performance was a strong representation in two important categories: an influx of retiring Boomers as well as a strong Veteran presence.
To check out the full report and the awesome infographic that goes along with it, click here to read the full article on Realtor.com.