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Old 04-01-2007, 12:31 PM
 
Location: Jax
8,200 posts, read 35,453,643 times
Reputation: 3442

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Hi Jammie,

I agree with what has been said, real estate has definitely levelled off in Jacksonville. The big national builders played a major role in driving the prices up and now I see many of them underpricing their spec homes just so they can dump them and this will drive down the comps. Exisiting homes will have to follow suit and lower their asking prices as well.

I think (I hope!) it will be a quick correction period and then we'll be back to business as usual.

Jax is still a bargain compared to South Florida, but not the bargain it was for so many decades, those days are over.

Orlando definitely feels more populated to me. Jax shows no sign of slowing down though. I read somewhere that the expected population of Jax in 2025 will be 6 million people.
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Old 04-01-2007, 01:47 PM
 
Location: So. Dak.
13,495 posts, read 37,439,639 times
Reputation: 15205
6 Million People???? Oh my, the STATE I live in has a population of 750,000 and that's up from 600,000 that it was 40 years ago when I learned it in school. And really~I have all the zeros there.

Daisies, where are you moving to and what made you decide to move?
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Old 04-01-2007, 10:53 PM
 
Location: San Francisco
2,079 posts, read 6,114,098 times
Reputation: 934
wow jax will not reach 6 mil for a century (I hope). Right now it is about 1.3 mil, and to jump 5 mil in less than 2 decades would be world record growth for a city i bet. I bet we will be closer to 2-3 million by 2025. Orlando's already at 2 mil and so florida at 5.5 mil, (ant tampa at 2.8 mil) so we are definitely less populated and for the most part less crowded, which is quickly changing.
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