In this episode, Nate Riggs and Trevor Harrington discuss the current state of the Jacksonville real estate market, highlighting the shift to a buyer's market with rising inventory and mortgage applications. They delve into macroeconomic factors, including interest rates and US-China trade talks, and provide insights into local market data. The conversation emphasizes the importance of relationships between buyers, realtors, and lenders, particularly for military personnel utilizing VA loans. Strategies for navigating the current market are shared, encouraging potential buyers to act promptly.

00:00 Welcome to the Buyer’s Market
01:30 Navigating Macro Economic Data
13:30 Understanding the Micro Housing Market
17:24 Strategies for Buyers in Today's Market
27:47 Key Considerations for Sellers

Takeaways:
Inventory is rising, creating a buyer's market in Jacksonville.
Mortgage applications have increased significantly, indicating buyer interest.
Interest rates are stabilizing, but buyers should act quickly.
The US-China trade talks are influencing market conditions positively.
Local market data shows a significant increase in active listings.
Buyers need to be prepared and connected with realtors and lenders.
Relationships in real estate are crucial for successful transactions.
VA loans offer unique opportunities for military buyers.
Pricing homes correctly is essential to attract buyers.
Now is the time for buyers to take action and not wait.

All resources here:
https://www.riggsgroupfl.com/jacksonville-market-shakedown-may-2025/

Subscribe for more! Are you considering selling or buying real estate in Florida? Consult with Nate today - Jax Beach, FL's most innovative realtor. Nate is Broker Associate at Someday Homes Realty and owner of The Riggs Group.

Nate's Links below:
https://www.riggsgroupfl.com/
https://www.instagram.com/nateriggsofficial/
https://www.facebook.com/NateRiggsOfficial
https://maps.app.goo.gl/xmPvPzRo846Z3tMi9

Subscribe for more!
Are you considering selling or buying real estate in Florida? Consult with Nate today - Jax Beach, FL's best realtor. Nate is a Broker Associate at Someday Homes Realty.

Nate's Links below:
https://www.riggsgroupfl.com/
https://www.instagram.com/thisisjaxpod/
https://www.facebook.com/NateRiggsOfficial

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