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Fri, Aug 21, 2009

Northeast Florida Luxury Market Update June 2009

Only 174 properties out of the 22,711 residential homes currently for sale in the Northeast Florida MLS are priced over $2M.  The largest portion of the properties over $2m (39% of the properties) are in Ponte Vedra Beach.  Of those 174 pro...

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Fri, Aug 21, 2009

Where California Leads The Country Follows (Real Estate) ...

Parts of California are seeing their market turn around.  This is a good sign that it will be happening around the rest of the U.S. in the future.   For-sale inventory halved in California CAR reports price up 4.2%, sales up 2.9% in May ...

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391 Views, 1 Comments.


Fri, Aug 21, 2009

New Appraisal Rules Having Negative Effect on Real Estate Market | NAR

NAR appraisals study: The impact of HVCC WASHINGTON – July 8, 2009 – “A preliminary analysis indicates that the implementation of the Home Valuation Code of Conduct (HVCC) appears to be having adverse impacts on the housing marke...

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Fri, Aug 21, 2009

Signs of a Real Estate Bottom | Inman News

Freddie Mac: Sales bottomed in Q1 Steady gains projected for rest of this year, next By Inman News, Tuesday, July 14, 2009. Inman News Freddie Mac analysts think home sales bottomed in the first three months of 2009 at an annual rate of 4.46 ...

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Fri, Aug 21, 2009

Ponte Vedra Beach Florida Ranked by Money Magazine as one of Highest Income Areas

6-figure towns Holmdel, N.J., residents pull in more than $159,000 a year. Which other places in our Best Places database have high incomes? 21 of 28 21. Ponte Vedra, FL Population: 27,640 Median family income (...

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Fri, Aug 21, 2009

Jacksonville Economy better than most in Florida | Florida Times Union

Jacksonville's economic indicators lead most of Florida Carey Frankel, ABR, GRI Phyllis Frankel Realty Group, Inc. carey@frankelrealtygroup.com www.frankelrealtygroup.com 904-273-0125  office 800-999-0245  toll free 904-273-2475&nb...

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Fri, Aug 21, 2009

2009 Jacksonville Real Estate Market Better than 2008

The overall Jacksonville market has greatly improved since last year.  In comparing June '09 vs. June '08 we have : 12.05% less homes on the market (less competition)  6.08% increase in sales We currently have 11.2 months of...

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254 Views, 0 Comments.


Fri, Aug 21, 2009

Wall Street Journal Says Buyers Shouldn't Wait

Buyers shouldn’t wait on falling prices NEW YORK – Aug. 5, 2009 – Fear of overpaying for property is common these days, especially in places where prices continue to be unstable. If you encounter potential buyers afraid to commi...

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