Jacksonville Real Estate Market

Jacksonville, Florida

Latest Real Estate Market – waiting for Superman

Let’s check out what Warrent Buffet, Ben Bernanke, and Governor Elizabeth Duke just had to say about the housing market. These are our “super powers”. Are we still waiting for Superman to save us ?

Rockefeller And The Foreclosure Disaster We Are In

John D. Rockefeller is quoted as saying, “Every right implies a responsibility; Every opportunity, an obligation, Every possession, a duty.” A major possession when having attained the American Dream, is the single family home and over the past three years we have seen a massive number of foreclosures which certainly rocks the definition of “duty”. These foreclosures have had a serious ripple effect throughout our day to day lives and from reading the news reports related to law suits filed against banks for improper foreclosure proceedings and a host of other effects on families and the housing industry, it’s safe to predict that we have not seen the end of this mess nor the re-definitions of the word “duty”.

Know the loan modification details of FHA and conventional mortgages

If you are buying a new home in Florida or if you are relocating in Florida, you need to know about the kinds of mortgage loans available in Florida. Knowing this would help you in loan modification whether it is conventional mortgage loan or an FHA loan. Read on to know about both in details.

Feds File Lawsuits Against Mortgage Companies

The federal agency overseeing Fannie Mae and Freddie Mac filed lawsuits Friday against 17 financial institutions, in an attempt to recover billions of dollars in losses from risky mortgage investments.

Florida Foreclosure Numbers for 2010

Early numbers have just been released for the 2010 real estate year. Florida registered the nation’s third highest foreclosure rate in 2010, with 5.51 percent of its housing units (one in 18) getting at least one foreclosure filing during the year. For 2010, the state of Florida was one of five states that accounted for […]

Broward County Banks Raising REO Prices

A recent analysis report released related to bank foreclosure data for the 2010 year showed that in Broward County, Florida, of the 5,067 local foreclosure listings active marketed for re-sale, 71% are owned by banks. These Broward County bank foreclosures are listed at prices across a range of nearly $20 million. Going on the record, […]

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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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