RETURNING TO NORMAL THE MARKET IS
Through the last few years, the real estate market has been highly unpredictable. 2020 saw the market flatline briefly before a slow build-up. 2021 was the first year of explosive growth, which led to a volatile start to 2022. By the middle of the year, interest rates catapulted and homes were sitting on the market much longer, overall the market slowed greatly. However, experts are predicting good signs for the market ahead!
Homeowners,
There’s plenty of opportunity to make a great profit in selling your home. If you’ve thought about selling this year, give me a call at 904.403.7941, and let me provide you with a thorough comparative analysis to get the best response from the market.
The Future Looks Promising for Mortgage Rates
January recorded a fourmonth low, with the average 30-year fixed rate dropping to 6.15%. Rates are almost a full percentage point lower than the peak last October.
Rates are Predicted to Fall in the First Quarter
Experts are predicting further mortgage rate decreases, with another potential 0.5% drop by the end of March. This is great news for both sellers and buyers!
House Flipping is Dwindling
As the cost-to-benefit ratio dries up, house flipping is becoming less common. With the loss in profitability, more buyers have a better chance at their dream home.
Supply is Still Historically Low
Demand is still outpacing supply, which indicates a healthy market. Buyers are still buying homes, albeit at a slightly slower pace.
2490 Monument Road Jacksonville, FL 32225 & Neighbor WATSON REALTY 904.403.7941
www.LauraRosener.com PRESENTED BY Laura Rosener Your Neighbor and Amelia View Real Estate Specialist REAL ESTATE MARKET REPORT MARCH 2023 www.AmeliaViewLiving.com AMELIA VIEW Get Current Listings, Market Activity, Home Assessments, and more instantly at www.AmeliaViewLiving.com
LauraRosener@WatsonRealtyCorp.com
PREPARED ESPECIALLY FOR Homeowners
Prior to implementing any marketing strategies, it is critical to go through a process of discovery, determining the fair market value, understanding current market conditions, and reviewing the variety of factors that will help us prepare your home for sale.
Demand is high, and I have motivated, well-qualified buyers looking for their next dream home in Amelia View! With my extensive Amelia View experience, I can deliver strong results and the perfect buyer. Call me today at 904.403.7941 to get the conversation started, or visit www.AmeliaViewLiving.com, for a free market analysis of your home.
Laura Rosener and Watson Realty Group are not in any way affiliated with Amelia View Home Owners Association, nor is this in any way an official advertisement or publication of Amelia View. ©2023 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NEFMLS from March 15th, 2022 through February 22nd, 2023 for homes valued under $1M Listings and sales may not be those of Watson Realty Group. The NEFMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause breach of an existing agency relationship. STATUS ADDRESS BEDS TOTAL BATHS EST. SQ. FT. LIST PRICE SOLD PRICE SOLD DATE Sold** 14532 Amelia Cove Drive 4 4 3,379 $549,000 $500,550 10/05/22 Sold** 14676 Amelia View Drive 5 4 3,546 $650,000 $649,000 08/31/22 Sold 14525 Amelia Cove Drive 5 4 3,386 $625,000 $625,000 06/24/22 Sold** 3009 Egret Walk Terrace S 5 4 3,030 $585,000 $600,000 06/21/22 Sold** 2941 Amelia Bluff Drive 4 3 2,873 $550,000 $550,000 04/25/22 Sold 14494 Tranquility Creek Drive 4 4 3,446 $520,000 $500,000 03/15/22 HOMES SOLD IN THE LAST 12 MONTHS HOME FOR SALE 1 HOMES CURRENTLY UNDER CONTRACT 2 HOMES SOLD IN THE LAST 12 MONTHS 6 AMELIA VIEW CURRENT MARKET ACTIVITY Dedicated to being the best for you . & Neighbor 904.403.7941 LauraRosener@WatsonRealtyCorp.com www.LauraRosener.com Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2023
**Bold properties sold by Watson Realty ONLY 1 ACTIVE HOME! YOUR PROPERTY IS IN HIGH DEMAND!
in the shortest amount of time with the least amount of inconvenience Our Mutual Objective is to Sell Your House Call Today For A Free, No-Obligation Home Assessment LAURA ROSENER | 904.403.7941 for the highest possible price Homeowners, Homeowners,
