Jacksonville Real Estate Market

Jacksonville, Florida

Nearly 11 Percent of US Houses Empty

Homeownership is falling at an alarming pace, despite the fact that home prices have fallen, affordability is much improved and inventories of new and existing homes are still running quite high.

Florida Foreclosure Numbers for 2010

Early numbers have just been released for the 2010 real estate year. Florida registered the nation’s third highest foreclosure rate in 2010, with 5.51 percent of its housing units (one in 18) getting at least one foreclosure filing during the year. For 2010, the state of Florida was one of five states that accounted for […]

Home Sales and Prices: Noise in the Numbers

This week brought a lot of positive news on the home sales front, with contracts signed for existing homes in December up 2 percent month-to-month and sales of newly built homes up over 17 percent month-to-month. It has a lot of housing watchers confus…

What’s Behind New Home Sales Surge?

From the last week in November, into December, the rate on the 30 year fixed mortgage surged more than half a percentage point, briefly touching 5 percent. That clearly had the effect of pushing some fence-sitters to the buy side, worried that rates mi…

The Next Robo-Signing Crisis?

Snow Fore-casted For St. Johns County, Florida

You read that correctly ! Saturday, January 29th, 2011 from 10:00 AM until 2:00 PM over 12 tons of snow is predicted to fall at the Durbin Creek Elementary school for the the third annual DCE Cares Snow Much Day. This extremely popular event is not only a great time where activities such as a […]

Beware the Shadow Office Space

Now that the office market appears to be taking a turn for the better, that shadow space will start to fill up, and in most places it will have to fill well before the company looks to take on additional space.

Home Sales Rally Amid Mortgage Questions

Existing home sales took a huge and unexpected jump up in December. Not only was the seasonally adjusted monthly increase up over 12 percent, but the unadjusted number was even higher. The question of course now is, given that inventories always rise t…

Broward County Banks Raising REO Prices

A recent analysis report released related to bank foreclosure data for the 2010 year showed that in Broward County, Florida, of the 5,067 local foreclosure listings active marketed for re-sale, 71% are owned by banks. These Broward County bank foreclosures are listed at prices across a range of nearly $20 million. Going on the record, […]

Builders Still Betting on Mega-Mansions

The National Association of Home Builders reported weaker than expected confidence in January, but apparently one builder in Potomac, MD didn’t get the memo.

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This web site is dedicated to providing valuable information related to the Jacksonville, Florida real estate market and the real esate industry as it impacts the buying, selling, and renting of homes and condos.

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