Jacksonville Real Estate Market

Jacksonville, Florida

Despite High Affordability, Renter Nation Reigns

More Americans are renting homes, and fewer are owning them; it’s not as if this is news to anyone who follows the U.S. housing market, but a new report from the Census Bureau today really put an historical exclamation point on the trend.

Foreclosure Activity Returns in Majority of US Markets

Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac.

Foreclosure Activity Returns in Majority of US Markets

Big jumps in foreclosure activity in cities like Pittsburgh, Indianapolis, New York and Raleigh pushed the national numbers higher in the first three months of this year, according to a new report from RealtyTrac.

Home Sales Contracts Rise 4.1% in March

More buyers signed contracts to buy existing homes in March than the previous month, according to a new report, prompting one expert to say, “The housing market has clearly turned the corner.”

Housing: Bottom, Reversal or Just Noisy Numbers

It’s not crashing again, it’s just bouncing along a bottom, which means the recovery, as we’ve been warning all along, becomes increasingly local.

Mixed Housing Data Point to Uneven Recovery

A slew of new numbers from the housing market confirm that a warm spring did in fact pull sales forward, but the new activity was not enough to bring home prices out of their decline significantly.

Short Sales Higher, Prices Lower

Buyer traffic is strong, supply of homes for sale is low, and yet home prices continue to defy the usual formula, falling again in March.

Phoenix’s Hard-Hit Housing Starts to Rise From Ashes

It was one of the worst housing markets in the U.S., but now investors are swarming over foreclosures in Phoenix, Arizona, in search of big rental returns.

Lack of Distressed Supply Pushes Home Sales Lower

Without a strong recovery in the job market and a big loosening in credit, which does not appear to be the case, regular demand for home purchases will remain soft.

A Tale of Two Housing Markets: Single and Multi Family

We’re still seeing big demand in the multi-family sector, but single family is still faltering. Depending on what kind of builder or investor you are, you’re going to see the housing starts numbers differently.

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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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