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Jacksonville in Top 20 List of “Where to invest in housing in 2016” by Forbes

March 6th, 2016 · Leave a Comment

Jacksonville, Florida was included in the list of Top 20 Best Buy Cities by Forbes Magazine in a recent article titled, “Where to Invest in Housing in Housing in 2016.” To see the full article, click here.

Seven cities in Florida placed in the list due, per the article, to the state’s attractiveness to retirees and second-home buyers. Per Forbes, all of the Top 20 cities contained these three attributes:

  • Healthy job growth
  • Strong population growth
  • Anticipated home price appreciation

Forbes teamed with Local Market Monitor, a firm that tracks homes prices and economic factors to compile the list. Jacksonville ranked 18th on the list. The article cites the average home price in Jacksonville as $207,630.

For more information about the real estate industry in Jacksonville, visit the Northeast Florida Association of Realtors here.

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