JACKSONVILLE, Fla. — New data shows Jacksonville continues to be one of the hottest real estate markets in the U.S.
According to Bankrate, Jacksonville ranks 15th overall in the “housing heat index” out of 212 metros in the country.
That’s based on the value of homes remaining high, job growth, and low unemployment.
But now, homes are sitting on the market a bit longer, meaning the days of bidding wars could be over if you’re looking to buy.
“That’s a place where if you’re a buyer, you can sort of take advantage of this, this job growth and this economic boom,” said Jeff Ostrowski with Bankrate.
Other metro areas that ranked ahead of Jacksonville overall include Cape Coral-Fort Myers at No. 3, North Port-Sarasota-Bradenton at No. 4, Tampa-St. Petersburg-Clearwater at No. 9 and Orlando-Kissimmee-Sanford at No. 12.
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