I agree it is not Miami. This house is in RiverTown a master planned community where in the last month 22 homes sales closed priced from $407,000 to $1.1 million. Most are new construction that went under contract months ago but the buyers still went through with the sale. I can understand where a house in North Florida may not be worth $500K to you, but the difference between South Florida is still far apart. Here are some stats from rate.com: In the past week, single family homes in Miami sold on average for $720,000 and spent 85 days on the market. In Miami, the inventory of 1,611 experienced a 8% relisting. The average price per square foot was $342. In the past week, single family homes in Jacksonville sold on average for $349,275 and spent 71 days on the market. In Jacksonville, the inventory of 2,283 experienced a 6% relisting. The average price per square foot was $195. I have a weekly video about the market in North Florida where I pull the numbers from my MLS account. If you go to UA-cam search type in my name Tom Kerr and Bubble Watch you will find it. Thanks.
This is the best school district in the state of Florida, so many will flock to St. Johns because of its schools and country club-like community. People move to St. Johns because it's NOT like Miami.
Ok I'll see after another 6 months if these rates hold up. Pre-pandemic also st.johns school district is rated good, but the median prices are around $350k. It's only artificial demand that sellers are making for the desperate buyers. As for sellers they can keep it , I am not buying an inflated asset that only depreciates in just a couple months based on the current market. Good luck.
@@LessStormRiskFloridaHomes Funny cause $349K is exactly where I would price this home. And thats generous. The back yard needs work, the kitchen is small... For all your praise of North Florida home prices, Isn't Jacksonville one of the areas in florida with the highest purchase cancellations so far? At 6% the monthly payment on this place is insane for what you are getting. Especially heading into a recession and the prospect of even higher interest rates.
Ah, yes. ceramic tile with high ceilings. Going to need a TON of sound absorbing stuff in the house to reduce that reverberated living space you are hearing on this video! Or else, you will be living in an echo chamber much like a tunnel. Just an awareness alert.
When these homes are vacant the microphone makes it seem worse than it is. I've used different mics with the same result. I do notice that it is less when there is furniture, rugs and paintings or photos on the walls.
The masterplanned communities are still selling well, even in this current market. This house is in RiverTown. As of today in the last 30 days 14 homes sold in RiverTown with prices from $418,700 - $1.3 million.
You should be making vids regarding boomers cashing out 401ks.... economy tanking and the currupt stock market... hurry get locked in to a mortgage while housing crashes 🤦♂️🕳👨🦯
I actually have a weekly video series about the real MLS numbers here in North Florida's Jacksonville area. To find the videos just type in my name and Bubble Watch in the UA-cam search. I am on week 25 of the series. I started the video market watch back in May when so many people were saying that the housing market was going to crash by summer and this is worse than 2008. You can watch them but I don't think you will like the video series because I don't see the same things happening now that happened in the housing market in 2008. Right now we are in a correction. Can the market crash? Yes. In my videos I have asked several times for those that are predicting a 1929 or 2008 crash to please tell all of us the month and year it will hit bottom. So far no dates. I show the numbers and let the viewers decide whether to buy or sell. As a side note I bought my first house in 1982 and the interest rates were 18%. At the time I wasn't the only person buying either. I refinanced later and sold the house for more than I paid.
![Jacksonville Florida NEW Model Home For Sale [Sold $330,000]](http://i.ytimg.com/vi/eRgubbri5hc/mqdefault.jpg)
Beautiful house, I love the grey tones, but it's nice that the warmer earth tones are coming back
This house really does have a nice color.
J'adore énormément cette maison 🏠
This is my fav one luv it xoxo
House is ok, but not worth $500k . Jacksonville or st.Johns is not Miami or southwest fl. Not much happening in this area for such a hefty price tag.
I agree it is not Miami. This house is in RiverTown a master planned community where in the last month 22 homes sales closed priced from $407,000 to $1.1 million. Most are new construction that went under contract months ago but the buyers still went through with the sale. I can understand where a house in North Florida may not be worth $500K to you, but the difference between South Florida is still far apart. Here are some stats from rate.com: In the past week, single family homes in Miami sold on average for $720,000 and spent 85 days on the market. In Miami, the inventory of 1,611 experienced a 8% relisting. The average price per square foot was $342. In the past week, single family homes in Jacksonville sold on average for $349,275 and spent 71 days on the market. In Jacksonville, the inventory of 2,283 experienced a 6% relisting. The average price per square foot was $195. I have a weekly video about the market in North Florida where I pull the numbers from my MLS account. If you go to UA-cam search type in my name Tom Kerr and Bubble Watch you will find it. Thanks.
This is the best school district in the state of Florida, so many will flock to St. Johns because of its schools and country club-like community. People move to St. Johns because it's NOT like Miami.
@@missy217 "People move to St. Johns because it's NOT like Miami." Beautifully said.
Ok I'll see after another 6 months if these rates hold up. Pre-pandemic also st.johns school district is rated good, but the median prices are around $350k. It's only artificial demand that sellers are making for the desperate buyers. As for sellers they can keep it , I am not buying an inflated asset that only depreciates in just a couple months based on the current market. Good luck.
@@LessStormRiskFloridaHomes Funny cause $349K is exactly where I would price this home. And thats generous. The back yard needs work, the kitchen is small... For all your praise of North Florida home prices, Isn't Jacksonville one of the areas in florida with the highest purchase cancellations so far? At 6% the monthly payment on this place is insane for what you are getting. Especially heading into a recession and the prospect of even higher interest rates.
It’s a beautiful home, thanks for showing it.😊
Thank you.
Superbe maison 🏠
Ah, yes. ceramic tile with high ceilings. Going to need a TON of sound absorbing stuff in the house to reduce that reverberated living space you are hearing on this video! Or else, you will be living in an echo chamber much like a tunnel. Just an awareness alert.
When these homes are vacant the microphone makes it seem worse than it is. I've used different mics with the same result. I do notice that it is less when there is furniture, rugs and paintings or photos on the walls.
St. John’s is WAY WAY overpriced! Markets are about ready for a huge correction! Buyer beware!
The masterplanned communities are still selling well, even in this current market. This house is in RiverTown. As of today in the last 30 days 14 homes sold in RiverTown with prices from $418,700 - $1.3 million.
Ужас
You should be making vids regarding boomers cashing out 401ks.... economy tanking and the currupt stock market... hurry get locked in to a mortgage while housing crashes 🤦♂️🕳👨🦯
The guy is only trying to make a living, no one is forcing anyone to buy
I actually have a weekly video series about the real MLS numbers here in North Florida's Jacksonville area. To find the videos just type in my name and Bubble Watch in the UA-cam search. I am on week 25 of the series. I started the video market watch back in May when so many people were saying that the housing market was going to crash by summer and this is worse than 2008. You can watch them but I don't think you will like the video series because I don't see the same things happening now that happened in the housing market in 2008. Right now we are in a correction. Can the market crash? Yes. In my videos I have asked several times for those that are predicting a 1929 or 2008 crash to please tell all of us the month and year it will hit bottom. So far no dates. I show the numbers and let the viewers decide whether to buy or sell. As a side note I bought my first house in 1982 and the interest rates were 18%. At the time I wasn't the only person buying either. I refinanced later and sold the house for more than I paid.
💕 ᑭяỖｍｏ𝓼𝐦