A roundup of residential real estate news in Northeast Florida.

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Northeast Florida received good news about the residential real estate industry in March as the Northeast Florida Association of Realtors reported both home sales and prices rose in February, according to the Jacksonville Business Journal and The Florida Times-Union.…

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All around the country, real estate sales are on the rise. This is coming from the back end of a recession from many people who haven’t had the money to spend the last few years. In the Jacksonville area, media prices for homes have risen to as high as 25 percent more than what they were worth a year ago, and sales have increased more than 27 percent during the same period. Could this be a sign that the after-effects of the recession are receding?

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