In an effort to provide consumers with the most updated information on North Florida’s housing market, the Northeast Florida Association of Realtors has adopted a campaign. The campaign titled “Put Your Money Where Your Life Is,” aims to provide a realistic residential real estate outlook, backed by expert analysis.
The association has free online resources for consumers on its Website, www.nefar.com, including a white paper on the state of the Northeast Florida real estate market, homeownership survey results, housing study recaps and other articles.
“We’ve heard so many ominous national reports that have predicted doom and gloom for our industry, so we set out to check the pulse in North Florida in order to report the facts,” said Bonnie Siecker, 2008 NEFAR president. “Admittedly, the last couple of years have been tough, but Northeast Florida is already showing signs of improvement and buying a house for the right reasons is always a good idea.”
Chris McCarty, director of the University of Florida’s Research, Center at the Bureau of Economic and Business Research recently indicated that home prices in parts of Florida are returning to reasonable levels back to where they would have been without the escalation over the past few years.
NEFAR’s campaign research concluded that the housing outlook is positive and that recovery is underway.
“The Northeast Florida real estate market is improving, there’s no doubt about it, and our market continues to be much less volatile than the rest of Florida and the U.S.,” said Siecker. “When you look at the new jobs that will be created by the Asian shipping companies coming to town and Cecil Field, when you consider that our economy is more stable and our prices are more competitive than other parts of the state, it’s clear that the future is bright.”
For more information on the “Put Your Money Where Your Life Is” campaign, visit www.NEFAR.com.