Market Projections | by Dylan Rigdon
In 2024, Northeast Florida's real estate market is expected to maintain its upward trajectory, buoyed by several factors. The region's attractive climate, burgeoning job market, and relatively affordable housing compared to other coastal areas continue to draw both domestic and international buyers. Urban revitalization efforts in cities like Jacksonville and St. Augustine are likely to drive demand for residential properties. However, challenges such as rising construction costs and potential fluctuations in interest rates may introduce some moderation in the market's pace. Overall, Northeast Florida is poised for a resilient and dynamic real estate landscape in 2024.
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59
Single Family Home
4 beds
3 baths
1,694 SqFt
$700,000
$25K
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