Jacksonville Real Estate Market

Jacksonville, Florida

New Legal Snags For Pulte Homes

Pulte Homes Corporation, a major community and home designer/builder in the State of Florida, is involved with serious legal issues brought on by “Mountain House”, a condominimum homeowners association near Stockton, California. The lawsuit, filed October 2 in San Joaquin County Superior Court by Cambridge Place Association, claims that the condominium complex has major water intrusion damage caused by stucco cracks, faulty trim installation, and failed or absent sealant. Plumbing leaks, including leaking valves, water mains, irrigation pipes, wax toilet rings, and shower enclosures are also a problem, the suit said.

JAX Port Dredging Project To Bring Great Profits To Jacksonville

St. Johns County will benefit also Northeast Florida will see thousands of new jobs over the next three to four years as Jacksonville’s port adds a dozen new foreign terminals and deepens its channel to 50 feet, Jacksonville Mayor Alvin Brown said Monday.

Mortgage Applications Dip In March 2011

Are potential home buyers waiting for the “other shoe” to fall from the US Banks ?

Quick Video Posted – Very Nice Message

I posted a video created by Wendy Fancisco that is short and perfect for this time of the year. Please check it out and enjoy the message. Thanks. Click Here To Watch The Video

Merry Christmas !

Holiday wishes from me to you: Read How To Avoid Holiday Stress a timely blog post !!

Banks To Begin Flooding The REO Market

As of this morning’s financial news, we can expect the banks to begin to open the flood gates on their massive hoards of bank owned assets – REO’s ! This is great news for all real estate investors who have been waiting for this opportunity. The hold up has been the recent snags encountered with […]

Ketterlinus Teamwork

This past Friday – October 1st, 2010, the sixth annual Timberlin Creek Carnival was held and was a great success.  The goal of this festival was to provide needed items for the newly established in house clinic at Ketterlinus Elementary School.  The school is located on 67 Orange Street in St. Augustine, Florida. The day […]

Banks Hold Off On Foreclosure Notices

I’m sure you’ve all seen the headlines from RealtyTrac today that show a new record for bank repossessions. In some of the news reports today, I’ve also heard anchors make mention of some bright news in the report, that Notices of Defaults are down 30 …

Home Price Double Dip Begins

Given the combination of the expiration of the home buyer tax credit and the increasing number of loans moving to final foreclosure, we knew that home prices overall would take a hit, but it would take a while. Well we’re here.

REITS on a Roll

It sounds counter-intuitive; as we continue to report all sorts of problems in the commercial real estate market, not the least of which is rising defaults in commercial mortgage-backed securities, real estate investment trusts, many of which invest in…

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