Today a few new acronyms in Jacksonville Florida Real Estate lingo describe a recent development in the Northeast Florida Real Estate Market. Real estate professionals in the area first recognized this phenomenon a few years ago.

The first acronym is the “Half Back Phenomenon”.  Realtors and other real estate professionals have identified a trend that started a few years ago. This trend affected the Florida, Georgia, Virginia, North and South Carolina real estate market. They recognized that owners of condominiums were moving north from the south and central Florida communities. Owners were moving closer to where they previously lived and worked, about half-way back to their original homestead prior to their retirement.

This has affected the condominium market more than any other type of real estate sold in the Northeast Florida corridor. Retirees and those looking for vacation property have found the Northeast Florida and Jacksonville Fl market very alluring. Recent interviews with individuals who transplanted to Northeast Florida area explained why they moved from central Florida to the greater Jacksonville Florida area. Many left southern and central Florida but wanted to stay in Florida. They explained that the availability of affordable housing and low real estate taxes lured them to the Jacksonville Fl real estate market.

Half-Back homebuyers can find a home that fulfills every item on their wish list because of the variety of Condominium communities available in Northeast Florida. Riverfront, oceanfront, downtown, or suburban communities exist. Your Jacksonville Fl real estate agent will find that new home you have been searching for somewhere in the Northeast Florida real estate market.

Luxury condominiums as well as more affordable residences offer a variety of amenities that attract homebuyers. Jacksonville’s Arlington/Ft Caroline area is home to Kernan Forest, Hammock Grove, Lantern Square and Merrill Pines offer Gated communities. The activities available for residents include resort style pools and playgrounds.

In vibrant Downtown Jacksonville luxury riverfront condominiums are The Berkman Plaza, San Marco Place and The Peninsula. These high rise luxury riverfront complexes located on the north bank of the St Johns River offer amenities and year-round activities. The stellar Shipyard located on 800 Bay Street East has recently joined these communities. Residents of these communities enjoy swimming, sailing, fitness centers, organized group activities, business centers, and 24-hour concierge service. Many of the complexes are gated and provide underground garages for secure and convenient parking.

Desire a suburban setting, consider the condominiums in Southside. Grand Reserve, Il Vilagio, Acquilus Waterfront, Timberlin Parc, 5200 Club, 6000 ON THE RIVER, Esplanada at Town Center, and The Overlook are just a few that offer homes in a wide range of prices with many different amenities.

Half-Back homebuyers looking for beach property can choose from real estate in any of the numerous beach communities including Ponte Vedra, Jacksonville Beach, and Atlantic Beach. Those interested in the intercoastal waterways can look for property in just about any of the greater Jacksonville Florida communities. Prices in the Jacksonville area favorably undercut those of southern communities.

The second acronym describes the desire of homeowners to be able to come and go with ease. “Lock and Go” homeowners appreciate the convenience of having all exterior maintenance provided by the association. Condominium living provides this way of life.

Jacksonville Florida’s temperate climate and a moderate cost of living are attracting homebuyers from South Florida. Taxes and condominium fees are much more reasonable than in other communities. Many Southern Florida cities are more densely populated than Jacksonville. Historically the area has not been subjected to the same hurricane activity as other cities in Florida.

Half-back homebuyers are moving to Jacksonville for all of the above reasons. Those reasons are also, what continues to attract new retirees to Jacksonville Florida. The Jacksonville Florida condominium market continues to grow.