Jacksonville Real Estate Market

Jacksonville, Florida

Home Prices Have Further to Fall

How is it that last week we were driving nails into the housing market’s coffin, with negative report after negative report, and then suddenly today the stock market took a bounce on one new price report, and I’m hearing the word “bottom” over and over?

Another Home Buyer Tax Credit?

From HUD to the hedge funds, it sounds as if a tax credit to spur home buying is gaining steam yet again.

First Look: Brand New Foreclosure Numbers Reverse MBA Survey’s Bright Spots

As long as we think housing is still in deep trouble, nobody’s going to make a move.

Time for Homebuilder M&A?

Economic conditions are very tough for homebuilders. Is a wave of mergers coming to this sector?

Home Price Numbers Are Not What They Seem

With the supply of homes at a record 12.5 months, job growth at a crawl and confidence in the housing market way way down, housing prices will be under tough pressure going forward. 

In Preparation for July Home Sales, a.k.a. Armageddon

It’s been a while since I’ve sensed quite this much doom among the folks obsessed with housing (one told me simply, “You’re going to be very busy!”), but July existing home sales are unquestionably the product of a perfect storm.

Mortgage Bailout: Government Spin Accelerates

I don’t envy the folks over at Treasury and HUD who, month after month, are forced to report lackluster statistics on the Administration’s mortgage bailout and find something positive to say about them. Unfortunately they painted themselves into a corn…

Housing Double Dip is Not Just Tax Credit Hangover

There’s no question that the home buyer tax credit, which expired at the end of April, pulled home buying demand forward and thus created an inevitable drop-off afterward. It would be wrong, however, to blame the current lull in home buying/selling ent…

State Building Codes Amnesty

Jacksonville, Florida has implemented a State Building Codes Amnesty program for property owners who are currently being fined by the city for code violations.  The property owners must: agree to bring the property into compliance apply before October 29th and enter into an agreement with the city of Jacksonville meet the agreed deadline for all […]

Foreclosure Filings Rise 4% From June

Foreclosure Filings Rise 4% From June

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