Tuesday, May 6, 2014

POPULATION IMPACTS CRE MARKET

According to The Jacksonville Business Journal the growth rate for Duval  County from 2010-2013 is 1.3%.( 13,812 people). Only Clay County was lower at 1%, unless you include Baker and Putnam with minus growth rates of -0.9% and -2.4%. Nassau with a 1.8% and St. Johns County with a surging 6.3%.

The low population growth of Duval County is  not indicative of a vibrant CRE Market. Although CRE Market is steady. We need major companies to come to Jacksonville to have a vibrant CRE Market. Major companies bring jobs and jobs bring people. 



The Land Doctor

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