Jacksonville Beaches Real Estate

Wow! Condo sells in Jax are up a whopping 90%. Yes. You read that right--90%. The median price of a condo in Jax dropped 42% to $74,200. That's the second highest drop in the state. NOW IS THE TIME TO BUY A CONDO! And it's the time to buy a single family home. Prices are LOW and interest rates are still incredibly low. If you've ever wondered if you could qualify for a loan to buy a condo or a home, give me a call or shoot me an email. I'll be happy to put you in touch with some really good lenders.

Great house in family neighborhood! Posted using ShareThis

This is an amazing segment on people that are walking away from their mortgages. It's not just about that, it's very educational as far as the numbers go. It's unbelievable how many people are "underwater" right now. Are you in trouble with your mortgage? Don't walk away! Let's salvage some of your credit with a short sale. Call if I can help. Watch CBS News Videos Online

Oh well. Later tax credit. I am happy for those that used it if you found a house you REALLY love. I'm proud of the ones that didn't "settle" for a house to get the 8 grand. It's not worth it if you don't love love LOVE the house you're buying! If you can't see yourself in a house for at least 5-7 years, then maybe you shouldn't buy it. I think if the current trend in the Jacksonville area continues, you'll be able to get a good deal this summer. It was great while it lasted but it was time for the credit to go away. We need to see what the market is REALLY going to do now that the incentive is gone. There are bargains to be had! The prices continue to drop very slowly, but they ARE dropping. Let's go find you a house today!

APRIL-2010 Newsletter Housing Trends eNewsletter Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general. The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more. Please click here to view the APRIL-2010 Newsletter Housing Trends eNewsletter. If you are interested in determining the value of your home, click the Home Evaluator link for a free evaluation report.

http://newstouseinjacksonvillerealestate.housingtrendsenewsletter.com?Newsletter_ID=247

Okay all of you procrastinators! It's time to get very serious about finding your first home! Time is of the essence! Please don't hesitate any longer. You must have a "fully executed" contract by April 30th with a closing date before June 30th. That's really cutting it close! Today is April 14th and you've got 16 days to find a house! Please don't wait any longer. There are currently 3338 homes in the price range of $120,000 to $190,000 listed in our MLS. Let's go look at a few of them this weekend! :-) Call me today if I can help. We'll find something in time if you're willing to start looking with me TODAY!

The numbers are in and it's amazing! The real estate market in Jacksonville is blazing hot!! Sales for Jacksonville number of "solds" is up 23% over last year! The number of homes currently under contract is up over 39%. Wow! I'm not sure if it's the First Time Buyer credit that's driving the market or if it's because of the new, lower prices on the existing inventory. I don't know what it is... but I love it! We'll know soon. The Tax Credit expires on April 30th. If you've been considering buying a home...NOW IS THE TIME! Call me today!

Okay First Time Buyers out there. You have 41 days left before the Tax Credit ends! That may seem like a long time but trust me--by the time we look at lots of houses, we'll need every single one of those weekends to go look.That will be FIVE weekends to be exact! Not very many. There continues to be more activity in the 125-175 dollar price range. There are even rumors of multiple offers. It seems like all of the buyers are looking in the exact same price range and in the same areas! Please don't wait too long. Time is running out. Don't miss this opportunity to get a $8000 Tax Credit. Call me today and let's get busy!

Things are changing in the world of foreclosures and distressed home owners. The Feds have finally mandated some guidelines for Florida lenders to use to help home owners in trouble. If you're considering a short sale or foreclosure, please read the following article from EZine Magazine. This is the new program that will start on April 1st. I hope this will help you. If you find out that you might need to do a short sale, give me a call and we can discuss exactly how it works. Let me know what you think about the new plan to help homeowners decide what to do about their situation. Please keep in mind that all of the options listed below are for PRIMARY residences only. No investment property is included in the program. Call if you have questions. Although the foreclosure mediation process has been around for many years, until recently it's been mostly voluntary and not widely publicized to homeowners throughout Florida. Borrowers who are behind on their mortgage payments or ...

Be careful what you wish for! I predict that we're going to have an amazing number of first time buyers entering this market in the next 2 weeks! Are you prepared? First time buyers are the funnest, and the most challenging clients I've ever worked with!! Never a dull moment. They are smart, they're internet savvy, they have already looked at a LOT of houses on Realtor.com and other sites and they are READY TO GO! We are under a very tight deadline. We must have a contract signed, sealed and delivered no later than April 30th. That seems so far away right now--it's not! After getting the deal done, we can close as late as June 30th. In this market, the first timers are all looking in the same price range. I am starting to see multiple offers on homes already! Are you ready to get educated on how the process works? Some of my first timers are confused and have lots of questions. Multiple offers and homes sold above the asking price will be here this Spring...

Here is a good video about the new Good Faith Estimate lenders are using.

Fasten your seat belts! We're in for a bumpy ride in 2010. Join me and let's begin the adventure!