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Property Appraiser report reflects well on Jacksonville FL real estate marketRealtors and those associated with the real estate industry may claim the local real estate market has been on a bit of a slide. However, according to a report recently issued by the Duval County Property Appraiser, things are actually going very well the past 10 years. And, there's no indication the future isn't bright."Jacksonville has a very resilient real estate market," said Property Appraiser Jim Overton. "The activity may have slowed some, but the prices have not slowed down much. The median price of a home has fallen only slightly." The report isn't just an indicator of the health of the area real estate market. It's also a detailed explanation of exactly how and where the tax dollars generated by residential and commercial real estate appraisals and transactions go. Of the City's $900 million-plus budget, nearly half was generated by property taxes alone. In fact, if you look closely at the numbers, your property taxes (49.4 percent of the budget) went almost exclusively to paying for public safety (48.9 percent of the budget). click here for complete article Homeowners needing to sell their home visit 888SOLDin9 to talk with our Jacksonville FL partner about their personal financial situation. Our Jacksonville FL partner, Jim Tallent buys, sells, renovates and rents homes and properties in Jacksonville FL, Duval County FL and surrounding areas. |