Q-and-A: What the First Coast housing market will look like in 2023 - Jacksonville Business Journal

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Q-and-A: What the 2023 First Coast homebuilding market will look like

The number of housing permits issued decreased from October to November, which the Northeast Florida Builders Association incoming president said is the market returning to normalcy as the area's housing market continues to fluctuate following the Covid-19 Pandemic.

Chris Wood owns Riverside Homes owner with partner Matt Roberts. As the incoming president of the NEFBA, Wood said he was optimistic about the region's housing market heading into 2023 ,despite high interest rates and material costs.Obviously, the supply chain aspect of our business is still crippling, both by materials and the demand for labor to the point where we’re still overcoming them today. Interest rates have not helped.St.

 

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