Jacksonville Real Estate Market

Jacksonville, Florida

Home Buyer Tax Credit Snafu: No USDA Loans

In 2006, the USDA program backed about 31,000 loans or $3 billion worth. In 2009, that had grown to 133,000 loans worth $16.2 billion. The good news is the standards are tight and the default rates far better than the FHA. The bad news is the program wasn’t meant to handle that many loans, and it ran out of money.

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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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