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2019 #Jax Market Trends

Q.  What can we expect for our local market in 2019?


A.  If you're planning to sell your home there is definitely a market shift coming.  We're already seeing signs of it here locally with an increase in price reductions and expired listings.  Affordability will continue to be an issue with interest rates and prices on the rise.  On average it will cost buyers 5-8% more to buy a home in 2019 than in 2018.  And pay attention to the i-buyer.  We're seeing an influx of this new business model which I believe will one of the biggest changes to our industry. Our January numbers just came out so if you want to see how your area is performing, please contact me. 



Have a real estate question or need some sound advice?  Call or text Phyllis Staines at (904) 476-7653 or email pstaines@aol.com. Every question will receive a response and may be chosen to appear in Saturday's Times Union newspaper.

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Phyllis Staines, RE/MAX Coastal Real Estate License #BK660013

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