Predictions about Gainesville, FL and University Towns in general

Hi everyone. I currently live in Gainesville, Florida (home to the University of Florida).

Gainesville is roughly 2 hours equidistant from Orlando (21% price increases last year), Tampa (14.4% price increases last year), and Jacksonville (23% price increases last year).

Gainesville prices “only” increased 6.5% last year, which is substantially lower as you can see than these surrounding areas.

Now, it is true that apart from the University (and huge hospital system – the premier system of the state), there aren’t a ton of things going on in Gainesville.

That said, there are many flagship state university towns where the only real thing going on is the school, and property values in these places are quite high.

I have this feeling that Gainesville has not “popped” yet, and that it is inevitable that it will do so. I feel pressure to upgrade our home to a larger “forever” home ASAP instead of waiting the 2-3 years we had originally planned for fear of getting priced out if the prices do rise with a lag behind these other hot surrounding areas.

What say you?!

submitted by /u/Luscious-Grass
[link] [comments]

Hi everyone. I currently live in Gainesville, Florida (home to the University of Florida). Gainesville is roughly 2 hours equidistant from Orlando (21% price increases last year), Tampa (14.4% price increases last year), and Jacksonville (23% price increases last year). Gainesville prices “only” increased 6.5% last year, which is substantially lower as you can see than these surrounding areas. Now, it is true that apart from the University (and huge hospital system – the premier system of the state), there aren’t a ton of things going on in Gainesville. That said, there are many flagship state university towns where the only real thing going on is the school, and property values in these places are quite high. I have this feeling that Gainesville has not “popped” yet, and that it is inevitable that it will do so. I feel pressure to upgrade our home to a larger “forever” home ASAP instead of waiting the 2-3 years we had originally planned for fear of getting priced out if the prices do rise with a lag behind these other hot surrounding areas. What say you?! submitted by /u/Luscious-Grass [link] [comments]

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