Real Estate in Northeast Florida and Around the World

It's Official!  Naval Station Mayport is officially going to get a nuclear aircraft carrier, after several years of having none since the retirement of the U.S.S. John F. Kennedy.  This is a huge win for Northeast Florida, which has two Naval Stations in the area. 

The coming of the carrier is a win on many fronts - the infrastructure improvements to the Mayport base will need to be modified to accommodate a nuclear carrier.  This means immediate and ongoing construction and maintenance workers will be needed, both military and civilian. 

With the increased jobs as a result of enlarging and modifying the Naval Base,  dredging that will need to be done,the personnel filling these jobs will need to eat, be entertained, be housed, buy vehicles, gasoline - you see where this leads.  All of the businesses that will provide goods and services to not only those performing these initial improvements, but also the more than 3,000 Navy personnel who will comprise the crew of the carrier and their families.  True, this is a gradual inflow of people into the community - but this is a good thing as it does not create an artificial demand that is not sustained.

Housing inventories in Northeast Florida have been trending favorable since April of 2009.  Northeast Florida is "where Florida does business", versus, where "tourists come to see the Mouse".  Northeast Florida - which is Jacksonville and the beach communities of Fernandina Beach, Atlantic Beach, Neptune Beach, Jacksonville Beach, Ponte Vedra Beach, Volano Beach, St. Augustine Beach and parts south - as well as Orange Park, Amelia Island, St. Augustine, Fleming Island, Green Cove Springs, Palm Coast and Middleburg to name a few - will all benefit from today's announcement.  And - the increased activity will help pull the State of Florida out of the economic clamp down with a higher influx of sales taxes coming in from business happening in our area. Our area schools will benefit, as will our citizens.

I love our neighborhood, and know you will too.  I hope to see you around here soon - and when you see me, give me a wave, OK?