Real Estate News
This category currently has 84 blog entries.
Thu, Jun 16, 2011
Jacksonville Condos and St. Augustine Condos: An Investor's Market
Why would I say that the Jacksonville and St. Augustine Condo Market belongs to Investors?
1. Hard to Get Financing on the condos.
2. A good number of the condos have numbers t...
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Mon, Jun 13, 2011
Jacksonville Real Estate Housing Trends June 2011 Update
Some points from the report:
Home ownership rates are down just .1% for the 1st quarter in 2011 nationally as compared to the 4th quarter in 2010.
New home sales i...
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180 Views,
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Tue, Apr 12, 2011
Ponte Vedra Beach Homes for sale at 50% Off! Secrets Revealed…
Ponte Vedra Beach Homes for sale at 50% off don’t exist. Let’s clear that up immediately. There has been a significant drop in the prices of what P...
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227 Views,
1 Comments.
Fri, Dec 25, 2009
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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705 Views,
2 Comments.
Fri, Dec 25, 2009
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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334 Views,
0 Comments.
Fri, Dec 25, 2009
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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Fri, Dec 25, 2009
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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Fri, Dec 25, 2009
New Short Sale Rules from U.S. Treasury are intended to speed the short sale process. Unfortunately, the new rules are not effective until 4/5/10 but lenders are encouraged to use them now.
The new rules do not lessen the paperwork needed but ...
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339 Views,
0 Comments.
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