Florida, and NE Florida specifically, experienced huge growth despite COVID, and has not stopped since.
Jacksonville has added 40,000 jobs a year on average for the last two years, 8,200 units are slotted for construction this year, and the city is spending $4.5 billion on projects for downtown and surrounding areas to revitalize and grow the landscape and culture of our neighborhoods.
This week John Rutherford, Senior Vice President of Multi Family Sales at NAI Hallmark, joins us again to discuss all the great changes happening in Jax and what to expect going forward. John releases quarterly reports for our area and has become a vital resource for buyers and sellers in Jax. He loves to talk about what makes our city great, and why it will continue to be a great place to live and work despite potential challenges in the future.
John talks about:
Why Jacksonville and Florida continue to get consistent net migration
The ratio of folks to jobs in our area, ideal ratios and the actual numbers
Long term outlook and real estate in Jacksonville
Action steps for buyers and sellers in this market
And, locally:
Why he moved back to Jacksonville as opposed to other cities
His favorite restaurant: Rue Saint Marc in San Marco
Local Business: Bernie’s Wine Stop in Murray Hill
Tell us: what did you think of the new show format? If you enjoyed it, do you mind leaving us a rating and review in Apple Podcasts or telling a friend about the show? Our goal is to be an indispensable resource for commercial, industrial, office, and multifamily investors in greater Jacksonville, Florida.
Connect with John:
NaiHallmark.com
Subscribe to his mailing list here for reports: jr@nailhallmark.com
Connect with Ian:
@yieldcoach on socials
Theme music provided by: The Firewater Tent Revival
