Jacksonville Real Estate Market

Jacksonville, Florida

Homebuilder Outlook Plunges, Reversing Spring Rebound

In a stark reversal during the heart of the spring housing market, confidence among the nation’s homebuilders dropped in April to levels not seen since January.

Mortgage Applications Point to Higher Priced Homes

The average size of a mortgage purchase application increased 9 percent from December to the end of March, from $214,500 to $233,300 in March, according to the Mortgage Bankers Association.

Debate Rages Over Principal Forgiveness at Fannie and Freddie

The man at the center of the controversy over writing down mortgage principal on Fannie Mae and Freddie Mac loans isn’t wavering. He may be reconsidering previous loss formulas, factoring in new government subsidies for principal write-down, but his …

Rising Optimism in Housing Doesn’t Compute

Thirty-three percent of respondents to Fannie Mae’s monthly housing survey said they expect home prices to rise, and rise an average 0.9 percent over the next 12 months. That’s the highest percentage of believers in over a year, and up a full five …

As Foreclosures Stall Again, Warnings of Housing ‘Paralysis’

In an unexpected reversal, both newly started foreclosures and finalized foreclosures dropped precipitously in February.

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