Jacksonville Real Estate Market

Jacksonville, Florida

Homeowners Associations: The New Foreclosure

“I had no idea that they could foreclose,” Tony Goodman tells me. Neither did I, but Goodman’s homeowners association did just that in April because he owed $769 in back dues.

Home Sellers Slashing Prices, While Banks Mow the Lawn

That heady buzz from the home buyer tax credit is now turning into a grinding headache, as home sellers realize their very temporary, government-induced catbird seat has now fallen back to earth.

NEW Home Buying Tactics

NEW Home Buying Tactics that you should know for buying a home in today’s changed market.

Does the Government Have Authority in Private Label Mortgage Securities?

Today the FHFA, overseer of Fannie Mae and Freddie Mac, made an unprecedented move, issuing 64 subpoenas to “various entities,” seeking information on private-label mortgage-backed securities in which the two invested, specifically “the contents of loa…

New home construction rises !

New home construction rose more than expected in January, while the number of building permits issued in the month dropped, according to a government report issued Wednesday. “We’re continuing to see signs of stabilization,” said real estate analyst Mike Larson of Weiss Research. “We had this Olympic ski slope-looking plunge starting in 2005 and 2006, […]

Rich are Defaulting on Loans at Higher Rate? Not So Fast…

Here’s my problem with the thesis of this article: A little less than 14 percent of the loans outstanding in the U.S. are “jumbo,” meaning over $417,000, according to government statistics. The number of loans that are over $1m are even less than that.

Rich are Defaulting on Loans at Higher Rate? Not So Fast…

Here’s my problem with the thesis of this article: A little less than 14 percent of the loans outstanding in the U.S. are “jumbo,” meaning over $417,000, according to government statistics. The number of loans that are over $1m are even less than that.

Rich are Defaulting on Loans at Higher Rate? Not So Fast…

Here’s my problem with the thesis of this article: A little less than 14 percent of the loans outstanding in the U.S. are “jumbo,” meaning over $417,000, according to government statistics. The number of loans that are over $1m are even less than that.

Rich are Defaulting on Loans at Higher Rate? Not So Fast…

Here’s my problem with the thesis of this article: A little less than 14 percent of the loans outstanding in the U.S. are “jumbo,” meaning over $417,000, according to government statistics. The number of loans that are over $1m are even less than that.

Karl Case on Canada Housing

I got a call this afternoon from Prof. Karl Case, the first half of the well-watched “Case-Shiller Home Price Indices.” He had seen my piece about Canada in our Housing Fix series last week and wanted to add his two cents. Specifically he wanted to poi…

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