Jacksonville Real Estate Market

Jacksonville, Florida

Cancellations Plague Pending Home Sales

At first glance it seems like a huge and hopeful headline: Pending home sales, based on contracts signed, rose 10.4 percent in October from September. It certainly gives the impression that buyers are hopping off the fence and into the market. Well, le…

As Home Prices Sink, Home Ownership Heads to New Lows

Home prices across the nation are now right back where they were at the beginning of 2003. All that was gained is largely now lost, and the effect on home ownership could continue for decades.

New Home Prices Facing Growing Pressure

Sales of newly built homes are bouncing around a bottom, but prices are now at the lowest level of the year. The fact that October of this year saw the lowest price of the year so far is not good news going forward. What this means for the nation’s big…

Is It Really That Hard to Get a Mortgage?

The realtors say it, the home builders say it, the architects say it, I’ve said it: For better or worse, tight mortgage lending standards are one of the big roadblocks to housing’s recovery. Now one economist is saying that’s not true.

Home Sales Split By Price

Sales of existing homes in October beat expectations, registering a gain of 1.4 percent from the previous month, but that number masks a market that is heavily weighted to the low end. Realtors say they expect sales to bounce around the same levels for…

Lawmakers Contradict on Speeding up Foreclosures

Wednesday morning House Committee on Oversight and Government Reform Ranking Member Elijah Cummings issued a press release detailing a letter he sent to the conservator of Fannie Mae and Freddie Mac, FHFA Acting Director Ed DeMarco.

Housing Crash Causing Record Stagnation

Just over 11 million Americans moved between March of 2010 and March of 2011, according to a new report from the U.S. Census. That might sound like a lot, but it’s actually a record low.

Home Builders See Signs of Hope

Despite rising foreclosures and weak consumer confidence, the nation’s home builders are seeing signs of hope in housing. Home builder confidence rose for the second straight month in November, according to the National Association of Home Builders’ mo…

Home Builders See Signs of Hope

Despite rising foreclosures and weak consumer confidence, the nation’s home builders are seeing signs of hope in housing. Home builder confidence rose for the second straight month in November, according to the National Association of Home Builders’ mo…

Higher Loan Limits for FHA, Amid Higher Risk?

On the same day that independent auditors released a report showing the government mortgage insurer, the FHA, has even less cash reserves now than it did last year to cover potential losses, Congress is readying to vote on a measure that would increase…

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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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