Saturday, March 21, 2009

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.
Click here to read the story

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