How low will the prices go?

Depending on who you listen to, either we're just getting started with the correction, or it's now over! I prefer to be more realistic. After all, real estate truly is local. The trend in one part of the country, or in one part of the state may differ from ours. I continue to be amazed at the price changes in the Jacksonville Beaches market. The hardest hit area appears to be Atlantic Beach. For now, the houses on the market seem to be sitting there...forever. After numerous price drops, they continue to sit. After seeing the same houses on the market for months and months, the picture is quite clear. It ain't low enough yet!The number of lookers continues to increase. The problem isn't with the number of lookers, it's with the number of takers!We all continue to wonder: how low will they go???
In the meantime, stop by my website for lots of helpful info. www.jaxrealtoronline.com

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Rain Rain Go Away From Jacksonville Beach FL!

Okay. So it's pouring down rain again in Jacksonville Florida. Here are some ideas of how to fill those vacation days if it's raining on your Beach vacation. Visit a Museum: Jacksonville is home to several interesting museums. You can explore the Museum of Science and History (MOSH) or the Cummer Museum of Art & Gardens. Both offer engaging exhibits and collections that can keep you entertained and educated. Indoor Trampoline Park: Head to a local indoor trampoline park like Velocity Air Sports. These parks typically have a variety of activities such as trampolines, foam pits, dodgeball, and obstacle courses. It's a great way to stay active and have fun even when it's raining outside. Bowling: Enjoy a friendly game of bowling at one of the bowling alleys in the area. Bowl America Southside is a popular option where you can have a good time with friends or family. Escape Room Adventure: Challenge your problem-solving skills by participating in an escape room a

Proof that the Real Estate Picture is being sugar coated

I have been watching our own little world right here in Jacksonville. The press releases and the information that I kept hearing just didn't match up with what I was reading right on our own MLS! I knew the national story was bleak too after spending countless hours in newsgroups and doing research. I came across this article and thought it was finally giving some concrete numbers to the dreary picture I have been seeing. See if you don't find the article below VERY credible. Closing Data : We purchase and compile actual home closing data for approximately 181 counties across the country, which captures the counties where about 55 percent of the U.S. population lives and a significant percentage of all of the counties where the large home builders are active. This data shows that sales have fallen 22 percent if you compare sales over the last 12 months to the prior 12 months. On a straight year-over-year comparison, the decline is much more. Mortgage Bankers Association (MB

Jacksonville Beaches Real Estate

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