Jacksonville Real Estate Market

Jacksonville, Florida

Banks Seize More Foreclosed Homes Than Ever Before

Banks seize more foreclosed homes than ever before !

Big Banks Move to Short Sales, But Will it Help Housing?

The good news is, that will cut down on foreclosures. The bad news is that short sales, like it or not, are comps. They sell for less, and consequently bring down the values of properties around them.

Don’t Be Fooled By Drop in Foreclosure Numbers

Another day, another report on the state of our nation’s housing market. Today it’s the monthly foreclosure report from RealtyTrac, saying that while total foreclosure activity is decreasing, the number of homes being repossessed by the banks hit a new…

Lack of Refinancing is Another Blow For Housing

The lack of refis in such a positive mortgage rate environment is nearly as bad a sign as the now 5-week drop in purchase applications. It just proves that government involvement in the housing market is a double-edged sword.

Pending Housing Sales On The Rise

The National Association of Realtors® chief economist, Lawrence Yun points out a significant rise in pending home sales.

Jacksonville Sublet / Corp Housing Review Web Site

A new review web site for corporate suites and sublets for the Jacksonville, Florida area.

Luxury Homes Losing Value

Thanks to a slightly bizarre tory about a New Jersey couple putting their almost-finished home on the market for $68 million, I decided to take a look at the luxury home market today.

Which is Better Now, to Rent or Buy?

Now that the tax credit is gone, and employment is slowly improving, renters have to look at the equation again locally and see if it all adds up financially. A new report from Trulia.com tries to do that for you, but I found some really surprising res…

Florida REO Homes

Florida REO Homes sales have remained high throughout the housing sale recession. Current opinion is that the foreclosure crisis has not ended and that a more “normal” housing market will not return until 2013.

Housing Double Dip a Done Deal

Everybody take a nice long look at today’s Pending Home Sales Index from the National Association of Realtors, because it’s just about the last positive picture we’re going to see for a while.

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