Why Coronavirus won’t affect long term home prices in Jacksonville

A few clients have been reaching out over the past few days to ask about how home prices will be impacted by the Coronavirus.

Here are the some key points to keep in mind:

  • Coronavirus is a temporary disruption to the economy and real estate market.
  • We invest in middle-income and below middle-income housing.  Not high-income housing which is much more affected by stock market volatility.
  • The fundamentals of the Jacksonville real estate market were very strong before Coronavirus; they will be strong again after the recovery from the Coronavirus.

Stay positive,

Gregg Cohen

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