JAX MARKET IS ON FIRE!!

Dated: March 8 2022

Views: 30

How crazy are things in the Jacksonville real estate market right now? 

Homeowners are tapping into INCREDIBLE amounts of equity as the inventory remains low and demand for great housing is high! Most homeowners have $100,000 or more in equity that they can redeem by placing their home on the market AS IS!! A year or two ago, in order to get fair market value for one's home, it had to be pristinely renovated....new kitchen, new baths, new flooring, paint, light fixtures,etc. Now people are getting multiple offers and bidding wars on homes that have barely been touched in decades! The heavy-hitting items, such as roof, central HVAC systems, plumbing and electric, of course, still have to be up to code, and roofs have to now be at or under 10 years old in order for lenders to approve a mortgage on the home for the buyer!! Even with that, however, as a seller you can likely tap into the maximum value in a very painless sale, and use that money to upgrade to a bigger home, downsize and payoff debt, purchase other things you have been wanting, contribute to your retirement, and more....

CALL ME TODAY for a FREE CMA and see what you could expect to get from selling your home!!

Blog author image

Bernadette Harris

Coming from a broad background in guest service, from corporate hospitality management, to educational leadership, to real estate investing, I have a strong work ethic and service mindset! Having resi....

Latest Blog Posts

JAX MARKET IS ON FIRE!!

How crazy are things in the Jacksonville real estate market right now? Homeowners are tapping into INCREDIBLE amounts of equity as the inventory remains low and demand for great housing is!

Read More

The Jax Market Current Trends

Chronicles of a Jax Realtor:So what have we seen/ noticed in our home market in the past month or so? It is still 100% a seller's market with very low inventory of less than 4,000 homes on the

Read More