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Ep. #5 - The State of Jacksonville Real Estate 2018
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My thoughts on real estate in Jacksonville in 2018. There are so many things to celebrate in the real estate market, both nationally and on a local level. We've had a period of boom for the last eight or so years, maybe even longer, and the current inventory cannot sustain the number of buyers that we currently have. So what's the problem? For those of us who have been around long enough to see a couple cycles in their lifetime, we know that real estate has a cyclical cycle that lasts on average 8 to 10 years. Our traditional boom and bust cycles. Mind you, the one in 2008 was catastrophic and unlike anything that we've seen in our lifetime. That one knocked the legs out from under us. Legislation and alternative business practices have led to more transparency in the lending sector, mitigating the likelihood of another bust like we saw the last time around. learn more www.aaroninjax.com/episode5
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