Jacksonville Real Estate Market

Jacksonville, Florida

Should Everyone Get Bonus For Paying Mortgage On Time?

As home values continue to fall and more borrowers fall into a negative equity position on their home loans, those who stand to lose, banks and investors, are working to keep borrowers current.

Predicting Home Prices is Now Impossible

Now we have a new dip in home prices, which is putting more borrowers in a negative equity position. There is more concern of more borrowers hitting that “stress threshold,” as one panelist put it, where they just quit paying on their loans.

More Borrowers Underwater: Why We Should Care

Falling home prices at the turn of the year pushed more borrowers into a negative equity position, meaning they owe more on their mortgages than their homes are worth. In Q4, 23 percent of borrowers nationwide, or 11.1 million, were holding “underwater…

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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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