Real Estate News

Real Estate Market Report: Harbour Island

Posted on by Lisa Barton

The positive growth in our national economy has had a big impact on values in Ponte Vedra Beach, particularly Marsh Landing's Harbour Island. Sales and new construction were resurgent in 2013. A number of factors appear to be driving the overall improvement of the Northeast Florida real estate market, including:

  • Soaring stock indices.
  • Actions from the Federal Reserve, encouraging interest rates to remain low.
  • Declining unemployment rates.
  • Increased consumer confidence.
  • Declining numbers of lender-mediated real estate transactions (short sales and foreclosures).

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