Hope for California Home Prices could Help Jacksonville in the near future

We hear a lot "Watch what happens in California, and the rest of the Country will see the same soon."
Here is an article I came across this morning in the Wall Street Journal, showing an up-tick in homes sold and the number of buyers out there, but still a realistic idea of what's soon to come in real estate markets. We are seeing some of the same here in Jacksonville, recently our Remax Team had multiple offers on a non-distress property, 10+ offers on a REO in Jacksonville. These are good indicators that our housing market is nearing bottom... Hopefully.
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New Foreclosure Jacksonville's SOuthside

Just put this one on the market yesterday!
3/2 almost 1600sqft in great location close to the beaches,
Bank owned and asking $145,000 quick close and answer to offers available.
Located in the Cross Creek Neighborhood off of Kernan Blvd.
Contact us at 904-260-3787 with any questions or to schedule an appointment you can also go to our foreclosure website foreclosures-jacksonville.com