Jacksonville Real Estate Market

Jacksonville, Florida

Foreclosure Exposure Splits the Nation

Anyone who expected to see a big jump in foreclosure numbers, now that banks/servicers are supposedly ramping up the post-robo process again, got a big surprise today.

Negative Equity and Rising Rates: Toxic Cocktail for Housing

First came the surge in negative home equity, now a surge in mortgage interest rates. Add it up, and it throws a big pail of underwater on the hope for a big spring housing surge. At face value on their own, the two reports out today shouldn’t cause to…

Negative Home Equity Surges, Weighing on Housing Recovery

The number of borrowers who owe more on their mortgages than their homes are worth took a huge leap in the fourth quarter of 2010.

A Mortgage Game with No Rules

Several speakers at the forum said several scary things about housing and foreclosures.

Big Changes Coming for Mortgage Market

What leaked last week was the idea of reducing Fannie, Freddie and FHA loan limits, currently at $729,750 for high-priced markets to $625,000.

Managing a Potential Flood of Foreclosures

Despite signs of a stabilizing housing market housing, the foreclosure problem is still huge.

We Have Hit Construction Spending Bottom

In an interview with the Fox Business Network, Toll Brother’s Builders’ CEO Douglas Yearley points out that here in America, we have hit the bottom of the “construction spending bottom” and that now we need only to repair consumer confidence to see a rise in home purchases in 2011.  This is great news as housing […]

Empty Houses: Ownership Society is Over

“The increase in the vacancy rates in principal cities continues to illustrate the hangover from the “ownership society” supported by the Clinton and Bush administrations,” notes one analyst.

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