housing market updates

7 Tips to Maximize Your Home’s Sale Price

7 Tips to Maximize Your Home’s Sale Price Over the past few years, a Jacksonville area real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations. Even though Jacksonville, Orange Park and St Johns County are still some of the most...

A Return to ‘Normal’? The State of Real Estate in 2022

  Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of...