Jacksonville Real Estate Market

Jacksonville, Florida

Private Equity Readying a Run on Foreclosures

As the Obama administration and federal regulators work on a program to sell government-owned foreclosures to investors, private equity groups are stockpiling cash and buying foreclosed properties at auction.

Vacant Homes Will Drown Housing Recovery

A new study found, “foreclosed homes go through more than a year of very high vacancy rates following the auction and are substantially more likely to be vacant up to 60 months after the foreclosure.” 

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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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