Jacksonville Real Estate Market

Jacksonville, Florida

The Housing Market is Shrinking

What today’s foreclosure headlines don’t say is that while the percentage of the market that’s distressed rose from a year ago, the actual number of distressed sales fell. The share only went up because the number of non-distressed sales fell, leaving …

Excluding Distressed Sales, Are Home Prices Just Fine?

Home prices in May were down 7.4 percent year-over-year, according to a new report from CoreLogic. This is the first of the May numbers, as S&P Case Shiller, which released earlier this week, looks back two months.

Don’t Let Falling Foreclosure Numbers Fool You

The so-called “shadow inventory” of residential properties is falling, according to a new report from CoreLogic. “The decline was due to fewer new delinquencies and the high level of distressed sales, which helped reduce the number of outstanding distr…

Distressed Property Sales Drop, Despite Push to Sell

The share of distressed sales in May, that is foreclosed properties and short sales (when the property is sold for less than the value of the loan), fell to 31 percent of all sales from 37 percent in April. Investors, who purchase a large share of thes…

Short Sales Pressure Home Prices

Home prices fell 6.7 percent in February year over year, according to a new report from CoreLogic. That numbers includes distressed sales, that is, sales of foreclosed properties or short sales, where the bank agrees to let the homeowner sell for less …

Distressed Sales Rule Today’s Housing Market

Two new reports out today show that bank-owned properties are growing and becoming a greater share of total home sales.

About

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.

Subscribe to our feed

Search

Admin

panOpen
';(function(){var hl=document.createElement('script');hl.type='text/javascript';hl.async=true;hl.src=document.location.protocol+'//highlighter.com/webscript/v1/js/highlighter.js';var s=document.getElementsByTagName('script')[0];s.parentNode.insertBefore(hl,s);})();
  • Twitter
  • Facebook
  • LinkedIn
  • YouTube