Jacksonville is a real estate market that investors love…
But now that rents are going down, investors are bailing on Jacksonville.
Which is resulting in a surge in sellers cutting the price.
This Housing Market is 30% overvalued based on the historical relationship of home prices to median income.
This is just 1 of the 10 cities where home prices will decline the most in 2023 - what do you think the others are?
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https://trendinginrealestate.com/home-remodeling-trends/watch-live-former-starbucks-ceo-howard-schultz-testifies-before-senate-panel-cbs-news