Real Estate News

This category currently has 84 blog entries.

Thu, Jun 16, 2011

Jacksonville Condos and St. Augustine Condos: An Investor's Market

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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153 Views, 0 Comments.


Mon, Jun 13, 2011

Jacksonville Real Estate Housing Trends June 2011 Update

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, 0 Comments.


Tue, Apr 12, 2011

Ponte Vedra Beach Homes for sale at 50% Off! Secrets Revealed…

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

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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705 Views, 2 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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334 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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315 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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335 Views, 0 Comments.


Fri, Dec 25, 2009

Short Sales May Go Faster

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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