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Showing posts with the label FL

Jacksonville PreForeclosures

I have been trying to research the subject of foreclosures in the Jacksonville area. It's really sad. Depending on exactly what search criteria I use, the average number is somewhere in the neighborhood of 1300 homes. This does not include Condos. There are approximately 100 of those. These homes are either in some stage of preforeclosure, have already been foreclosed on and are now owned by the lender, or they are currently offered on the market as a short sale. I think that the community of Realtors needs to figure out how we can HELP these people that still have a chance to keep their homes. There are a whole lot more people that are just one late payment away from getting into arrears on their home loan. These are the folks we need to concentrate our energy on. There is hope! If you are in trouble, please read the following tips taken straight from the HUD web site. This will keep you out of trouble! If you are unable to make your mortgage payment : 1. Don't ignore the prob

12641 Ashglen Drive N Jacksonville, FL 32224

This 3/2 home is in a lovely deed restricted community near UNF, FCCJ, Town Center, the Beaches, JT Butler, 9A and all of Jacksonville! New landscaping completed October. Irrigation system, owned alarm system, new central air, like new carpet, fresh paint, move in ready. Motivated seller will pay up to $3000 of buyers closing costs with approved offer. Call today and schedule your private showing. $215,000.00

Buyers Market in Jacksonville!

...NAR lowers expectations for home sales, prices Forecast calls for 1.3% drop in median existing-home prices Wednesday, June 06, 2007 Inman News The National Association of Realtors again lowered its forecast for 2007 existing-home sales today, following a downward adjustment last month, and also lowered expectations for home prices. Existing-home sales are expected to fall 4.6 percent this year to 6.18 million, compared with 6.48 million in 2006, with new single-family home sales dropping 18.2 percent and housing starts dropping 20.4 percent. Housing starts for single-family units are expected to decline 23 percent this year compared to 2006. From Inman News This news really surprises me! After attending class at NEFAR for the past 2 days, I was hearing all kinds of optimism from other agents. I think if you're representing buyers, you are loving this market! For those of us that also have listings, it's not all that fun.... To be continued...