Jacksonville Real Estate Market

Jacksonville, Florida

Grant Money Available From HUD For Sustainable Housing Projects

HUD Grants available !! $95 million is available to support local initiatives to expand housing choices.

Home Sales Contracts Rise, But Cancellations Run High

The chief economist at the National Association of Realtors said he was baffled by it, but ask any agent working the nation’s neighborhoods, and they’ll tell you it is all about confidence and financing—specifically, a lack of both.

Vacant Homes Will Drown Housing Recovery

A new study found, “foreclosed homes go through more than a year of very high vacancy rates following the auction and are substantially more likely to be vacant up to 60 months after the foreclosure.” 

The Debt Crisis and Mortgage Rates

As we edge ever closer to next Tuesday, August 2nd, those of us who cover the housing market are trying to figure out what this will mean to mortgage interest rates. They are currently bouncing around historic lows and have been for some time. Refinanc…

Mortgage Interest Deduction Big in Budget Play

It’s not like the housing market needs any more headwinds, so here’s the government potentially giving us another: The mortgage interest deduction is back in big play in the budget deal.

Mortgage Bankers Reverse Course on Loan Limits

Lowering the current loan limits (a maximum of $729,750 in the most expensive markets) would really affect just 5 percent of the housing market, although that percentage is far higher in certain local markets. David Stevens says that’s enough to hurt t…

Cancellations Roil Realtors

Forecasters expected sales of existing homes to rise in June because the pending home sales index, which measures signed contracts, rose in May. If you consider it takes 1-2 months to close, then there’s your indicator. But that was not the case.

Huge Jump in Housing Starts Does Not Point to Solid Recovery

How could anyone take pot shots at a nearly 15 percent monthly jump in anything, not to mention housing starts, which have been mired in the mud for ages now? Apparently pretty easily. I knew the moment I saw the number that there would be those arguin…

Housing Crash Crushes Green Movement

Green costs more, and today’s already-skittish potential home buyers are not willing to shell out more cash for a greener standard of living, according to a new survey.

Consumer Prices Reflect Growing Rental Market

What does the consumer price index have to tell us about the future of the housing market? Apparently a lot.

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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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