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Wed, Jan 06, 2010

Publix to Open at Nocatee Next Month!

Nocatee homeowners will no longer have to travel over the intracoastal waterway to Ponte Vedra Beach to go grocery shopping.  The largest Publix in Northeast Florida will be opening at the town center next month.  5 additional business wi...

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428 Views, 0 Comments.


Fri, Dec 25, 2009

Homebuyers Tax Credit Extended and Expanded*

Great news for consumers and the housing market! As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: ~ Extends the First-Time Home Buyer Tax C...

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234 Views, 0 Comments.


Fri, Dec 25, 2009

More Jobs Coming to Jacksonville Just Got a Step Closer

US Senate approves funding for readying the Naval Station at Mayport for a nuclear powered aircraft carrier.  This is a $75.9 million dollar project.  Besides bringing the workman and possible repair dollars to a local company the end resul...

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235 Views, 0 Comments.


Fri, Dec 25, 2009

Jacksonville is Getting Arena Football Team

Dubbed the Jacksonville Sharks, the new team will play at Veterans Memorial Arena.  Thank you to managing partners Jeff Bouchy, Steve Curran and Larry Payne for bringing arena football to Jacksonville. The season will start in Spring and end in...

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709 Views, 0 Comments.


Fri, Dec 25, 2009

The Two Great Unknowns in the Real Estate Market will Determine 2010

Due to low interest rates and the goverments tax credit the market looks like it is in the process of bottoming out.  Reports have the bottoming happening as soon as March 2010.  But as economist point out there are two factors that may cha...

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232 Views, 0 Comments.


Fri, Dec 25, 2009

It Is Getting Harder to Buy with FHA

FHA loans have seen a resurgence since they require so little to put down to purchase a home.  In fact, a FHA loan is used in around 30% of the purchases in the U.S.  However, new rules that have been proposed are looking to change that. S...

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149 Views, 0 Comments.


Fri, Dec 25, 2009

9th Consective Months of Rising Pending Home Sales

The Pending Home Sales Index is an index used by the National Association of Realtors based on contracts signed and is a forward looking indicator.  October 2009 showed a 3.7% increase from September 2009 and a 31.8% increase over October 2008.&...

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127 Views, 0 Comments.


Fri, Dec 25, 2009

Buyer Discounts Getting Smaller

The price paid compared to listing price has been shrinking consecutively for the past 9 months according to Zillow.  The median for October was 2.7% or approximately $5,741 savings for the buyer on a median price of $190,400.

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120 Views, 0 Comments.




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