Is Duval County experiencing a housing boom?

JACKSONVILLE, Fla.-- There's something growing all over Jacksonville.

You probably see it every day on your commute to and from work without thinking twice. We're talking about Jacksonville's housing market.

They're sawing right into rising demand at ICI homes. Tamaya, on Beach Boulevard, is one of their newest subdivisions on the Southside

"There's a big uptick right now. You've got to remember, we had a big meltdown in housing," said ICI Homes North Florida Division President, Don Wilford, "There's a lot of pent up demand. Rates are still great."

Gail Miller is in the process of buying a home that's under construction in Tamaya.

"I'm retired now and wanted to move back to Jacksonville where my family is," she said.

She was designing her new home's interior.

"It's incredibly exciting," she said.

The National Association of Home Builders said new home sales were up 8.1 percent in the south for July. Locally, historical permit data shows 248 building permits were issued in July 2014 in Duval County, according to the Northeast Florida Builder's Association. That is up from the months of July dating back to 2008.

"Year over year, last year, the stats just came out. It was 16 percent increase in sales," Wilford explained. "I believe it was around 12 percent on the price point."

Near Tamaya, a huge swath of land was being cleared Wednesday afternoon for another new neighborhood along Beach Boulevard.

In Jacksonville Beach, the BluWater apartments look almost finished.

Wilford said demand is growing so fast, there's a labor shortage, which he said also means there are jobs available for skilled workers.

"There's about 50 jobs that are created and maintained every time you build a house," he said. "Providing that worker can go from the next house to the next house."

Wilford said Jacksonville's location, cost of living, the naval presence, new jobs and Florida's tax laws make our area appealing.

"I think there's a lot that Jacksonville has to offer," Miller said.


To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment