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Pensacola Housing Market 2019: Home Prices, Trends & Forecasts

Pensacola FL Real Estate Market 2019 Statistics

If you are looking at buying a house in Pensacola as a potential investment opportunity, you must read till the end. Home prices in the Pensacola real estate market are expected to rise by 7.1 % by the end of 2019. Pensacola, Florida is about as far west as you can be and still be in Florida. Pensacola is a short distance to the border with Alabama. Except for when it is threatened by hurricanes, which is rare, few people even hear about the city. Yet this overlooked real estate market offers an excellent opportunity to real estate investors.

At first glance, the Pensacola housing market doesn’t seem worth it. It is right on the Gulf of Mexico, but the city of Pensacola only has fifty thousand residents, a decline from the nearly sixty thousand who lived there in 2000. However, the Pensacola housing market is much bigger than this – the Pensacola metropolitan area is home to almost half a million people. Yet size isn’t reason enough to invest here. Let’s take a close look at the Pensacola housing market trends and forecasts for 2019 & 2020 and find out why you should invest in this growing market in the state of Florida.

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