Palatka, FL Seeing New Investment, Increasingly Attracting Homebuyers

2019-05-21T10:15:33-04:00May 20th, 2019|Categories: Business, Flipping, Hard Money, Home Improvements, Income, Investing, Investment, Investment Properties, Investments, Potential Markets|Tags: , , , , , , |

Palatka, the county seat of Putnam County is centrally located between Jacksonville, Gainesville, St. Augustine, and Daytona Beach. A couple of years ago, the Washington Post reported that Palatka was a dying city. We're happy to report that Palatka seems to have cheated death and is now increasingly attracting home-buyers looking for less congestion. This new investment front might be an area our clients want to check out. The Palatka real estate market has notably increased, especially among first-time home-buyers and empty nesters looking to downsize. So, keep these demographics in mind when scouting for homes to flip. The average