Is our Housing Market in NE Florida a Boom or Bust?! - Interview with Dr. Alex Stewart
In todays video we cover all the economic factors that effect the local housing market. We talk mortgage rates, inflation, the local economy. No subject is off the table in todays talk. Dr. Alex Stewart is a professor at UNF here in Jacksonville and was also a top producing Mortgage Loan Originator for Bank of England. He has a depth of knowledge and experience in the industry and is one of the visionaries for our local real estate economy.
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TIMESTAMPS
00:00 Introduction
00:40 St. Augustine and Jacksonville are increasingly merging into one urban area
03:40 Discussing about Data that will be shared in this video
05:12 Positive about Real Estate Market, Nationally or Locally
11:08 Comparing Naples Real Estate to Northeastern Florida
16:27 Discussing about Housing Prices Situation
21:41 Advice for people who want to buy house
28:04 Comparing Familial houses to Town homes & Condos
30:41 Challenges Real Estate Market Facing
35:52 Election and Government Effect on Interest Rates
41:00 Real estate transactions have decreased significantly since 2020
43:31 Discussing about Interest Rates, Inflation from past to today
51:55 Discussing about St Johns County Real Estate Market
58:35 St Augustine's Airbnb market shows resilience
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