Why Are People investing In Jacksonville Beach Homes?

It is no secret that Florida was hit hard by the housing downturn, but there are a few exceptions. Much of Florida caters to tourism and vacation homes, when the economy went south, no pun intended… the first expense people cut where the luxuries such as vacations. This affected the tourism industry and the people who depend on it for their livelihoods’. People stopped making payments on their vacation homes and allowing them to go into foreclosure which also brought down neighboring homes.

The difference between Jacksonville and Daytona as an example is that Daytona makes most of its money from tourism and Jacksonville as a whole is a military and corporate city. Many of the people that live in or around the Jacksonville Beaches area work in the area or have retired from the military and choose to purchase their home here. As a result our home prices did not decline as sharply as some areas in the state and now we are seeing an influx of people investing in Jacksonville Beach homes. The area has a lot of employers and colleges as well as an NFL football team. The arts and leisure activities are also well represented.

Our international airport is only 30 minutes from the beaches and we are a short drive to Daytona, Orlando, World Golf Village and southeast Georgia. If you are looking to purchase a home surrounded by a wide range of activities and diverse culture, you should consider purchasing a home in Jacksonville Beach Florida.