Study: Jacksonville houses overvalued by almost 40%
File - Real estate signs are posted outside homes for sale, Tuesday, Feb. 21, 2023, in Valrico, Fla. On Thursday, the National Association of Realt...
August 8, 2023
5:00 AM
File - Real estate signs are posted outside homes for sale, Tuesday, Feb. 21, 2023, in Valrico, Fla. On Thursday, the National Association of Realtors reports on sales of existing homes in March. (AP Photo/Phelan M. Ebenhack, File) JACKSONVILLE, Fla. – Limited supply and a strong demand are contributing to a major price surge for homes in Florida. A new report from Florida Atlantic University and Florida International University shows home prices in the Jacksonville area are overvalued by almost 40%.
Tiffany Salameh