Monday, October 17, 2016

Fewer homes are being listed in Jacksonville, and here's why

The number of homes listed for sale in Northeast Florida has stayed troublingly low throughout all of 2016, which partially is a reflection of low interest rates, according to the Northeast Florida Association of Realtors. As interest rates continue to hover near historical lows, homeowners have an incentive to refinance their mortgage and remodel instead of selling their property, despite the current housing market strongly favoring sellers. There's just 9,077 homes for sale in Northeast Florida,…

from DIYS http://ift.tt/2eKf2tE

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