Hard Money Lenders in Jacksonville FL
Jacksonville Florida Real Estate Report Card
The Jacksonville Real Estate Report Card shows your potential customer or Realtor the health of their local market with the Real Estate Report Card. The badges at the top of the report show you where the market’s different metrics rank vs the rest of the country. This will allow you to sell the strengths of that market.
Our new Real Estate Report Card includes even more accurate forecasts and data for more than triple the amount of markets. Included is the Affordability Index, Median Home Price, Historical Appreciation, Forecasted Appreciation, Total Employment, Median Household Income, and the Unemployment Rate. These metrics will allow you to demonstrate and quantify the opportunity in home ownership.
Loan Trust is the premiere lender in Jacksonville for real estate investments. We have many loan programs that are designed to meet the needs of real estate investors in any economy.
Jacksonville Real Estate Market and Demographics
The strong development of Jacksonville’s real estate market is greatly dependent on the general economic and demographic development promoted by the expansion of the city’s maritime port in response to the widening of the Panama Canal.
Jacksonville, known for its large ports, extensive and beautiful beaches, rich culture, sports, scholars and tourist attractions, is not only one of the largest cities in the country but also one of the fastest growing and emerging real estate markets.
Jacksonville Population Growth
Jacksonville is growing steadily, with a population growth of nearly 2% from 2010 to 2012. This trend is expected to continue as the local economy recovers from the housing crisis and recession.
The Jacksonville area has been inhabited for thousands of years, and some of the oldest pottery remnants in the U.S. have been discovered here. The area was occupied by the Mocama in the 16th century, with all Mocama villages in the area part of the chiefdom Saturiwa at the time of European contact.
European explorers first made their way through the region in 1562 when a French explorer chartered the St. Johns River. Two years later, Fort Caroline, the first European settlement, was established, although it was attacked by a Spanish force a year later and renamed San Mateo.
According to the most recent ACS, the racial composition of Jacksonvillewas:
- White: 58.22%
- Black or African American: 30.95%
- Asian: 4.76%
- Two or more races: 3.64%
- Other race: 2.13%
- Native American: 0.23%
- Native Hawaiian or Pacific Islander: 0.06%