Jacksonville Real Estate Market

Jacksonville, Florida

Regulator Claims New Rules Will Loosen Mortgage Lending

Fannie Mae and Freddie Mac have claimed false “representations and warranties” on thousands of loans sold to them by lenders.

‘Underwater Mortgage’ Refis Get Fresh Push in Congress

As of July, 22.4 percent of homeowners with a mortgage owed more than their home was worth, according to a new report from Lender Processing Services.

Are Construction Job Losses All About Pay?

Despite rising demand for newly built homes, construction employment in August remained flat, stuck at the same paltry pace for the past four months. The numbers don’t make a lot of sense at face value, given that housing starts are up in both single…

Home Builders Don’t Have Enough Workers to Meet New Demand

After losing 70 percent of their business in the housing crash, the nation’s home builders are breaking ground again. New orders for homes are rebounding strongly – unfortunately, in some areas, the workers to build these homes are not.

Rent Spikes Begin to Ease

“Rents had been on fire earlier this year, but some of the hottest rental markets are starting to cool,” said Jed Kolko, Trulia’s Chief Economist.

Home Prices Are Not Rebounding as Fast as You Think

Home prices nationally are in real recovery, but the factors pushing those numbers may not be real organic strength in the housing market, but rather stimulus and simple comparisons.

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