COVID-19’s Impact on SFR Prices in Jacksonville, FL

[Nathan Harding]

When do you speculate Single Family Residential seller's asking prices will bottom out in Jacksonville, FL from COVID-19’s economic impact on their local real estate market?

[Austin M Margarida]

This is all just starting. We have no certainty of the future. What I do know, is that companies are getting absolutely hammered with very little revenue coming in, coming to job losses...people can't afford payments which will mean foreclosures- and with a high supply and low demand. Homes won't be selling anywhere as near as high as they have for the past 2 years- in my opinion.