The local paper had a story last week about the strength of the real estate market for Riverside, Avondale and Ortega. Much of the interest is coming from first time home buyers eager to take advantage of teh $8000 tax incentive, out-of-town buyers moving to Jacksonville and beach residents looking to get closer to the city. Another good statistic is that people looking to move into the district are looking for their own personal homes instead of those looking to make a quick buck flipping.
“Most of the phone calls we receive are for the historic areas,” said Nabel Nunez, broker with Exit Southern Heritage Realty in Riverside. “The area has good appreciation, and a lot of people moving to Jacksonville from out of town are looking for a community like this.” We know the value of our historic properties, but it is nice to hear it from others from time to time.
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