Posted On: May 9, 2011
Will North Florida Home Prices Continue to Drop?
A recent statement released by Zillow.com (an online real estate appraisal system) notes that Jacksonville home prices have decreased by another 12% since last year. The current average price for a home in Jacksonville is less than $125,000. According to Zillow's Chief Economist, Dr. Stan Humphries, the market will not hit bottom until 2012 at the earliest.
To learn more about this article, visit Local home price drop 12 percent.
If you have questions concerning your mortgage, or the purchase and sale of a home, please contact an attorney at Wood, Atter & Wolf, P.A., with offices in Jacksonville and Ponte Vedra Beach, Florida.
