Understanding the current real estate market trends is a huge part of a real estate agent's job. Sharing this market knowledge is an important service we offer our clients. We study market indicators, read reputable housing reports, and utilize our relationships with mortgage lenders and other industry thought leaders to truly understand what’s happening right now.
For example, home values across the nation have seen dramatic growth during the last 20 years. Since 2000, home values in the state of Florida have increased by 156%. During that same period of time, home values in Jacksonville have increased by 175%.
Our team has more than 15 years of local market experience and we are intimately familiar with each Northeast Florida community. Each neighborhood has its own story in terms of pricing. Having an agent that knows the local area, including the history of a specific neighborhood, is extremely important when understanding the market value of a particular property.