Jacksonville Economic Growth
Northeast Florida has a very diverse economy and this is driving our Real Estate market. Prices continue to increase and sales are going strong, while other communities are facing a flat market. Major companies like Amazon, FedEx and UPS are currently hiring 100’s of people. Just last week Deutsche Bank announced 2000 new jobs coming to Jacksonville in 2021. These new jobs will take the place of the jobs lost during the pandemic this summer. Even with the continued closing of some retailers, those employees should be able to find new jobs with one of the mentioned employers.
I spoke to one Real Estate agent that said she was selling her listings before they ever hit the market because demand is so high. A mortgage underwriter that said she is working 7 days a week to keep up with the demand. Several others in the mortgage industry gave similar statements. Just more evidence that the Real Estate Market in Jacksonville is booming and has no sign of decline in the near future. Jacksonville historically has always been a booming market, even when we are down we tend to be down less than the rest of the country. We can attribute our continued success to the diversity of our economy.
If you aren’t in the Real Estate market currently, now is a great time to get into it. Flipping houses is a great way to invest in the market. A non traditional company like Solid Capital Growth Inc is a great financial partner for first time flippers, as well as seasoned flippers. We offer a simple, quick and easy process. We offer great rates and have the ability to handle any size project. We hope to be your Financial partner in your next investment.
Written by: Tim Locke, President
Solid Capital Growth Inc