Jacksonville Beaches Real Estate

From Freddie Mac 04/17/2024 Mortgage Rates Exceed 7 Percent for the First Time this Year MCLEAN, Va., April 18, 2024 (GLOBE NEWSWIRE) --  Freddie Mac  (OTCQB: FMCC) today released the results of its  Primary Mortgage Market Survey ®  (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 7.10 percent. “The 30-year fixed-rate mortgage surpassed 7 percent for the first time this year, jumping from 6.88 percent to 7.10 percent this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year. Last week, purchase applications rose modestly, but it remains unclear how many homebuyers can withstand increasing rates in the future.” News Facts The  30-year FRM  averaged 7.10 percent as of April 18, 2024, up from last week when it averaged 6.88 percent. A year ago at this time, the 30-year FRM averaged 6.39 percent. The  15-year FRM  avera

According to Real Estate gurus at KCM (Keeping Current Matters): Prices aren’t likely to depreciate in 2024 because inventory is still tight and lower mortgage rates are leading to strong buyer demand. Those two factors will keep pushing prices up as the year goes on. As Selma Hepp, Chief Economist at CoreLogic, explains: “With mortgage rates dropping, demand for homes in early 2024 is likely to be strong and will again put pressure on prices, similar to trends observed in early 2023 . . . Most markets will continue to reach new home price highs over the course of 2024.” What Does This Mean for You? Experts are saying home prices will go up this year, and that’s good news if you’re thinking about buying a home. When you become a homeowner, you want the value of your house to go up. That appreciation is what builds equity and makes homeownership such a good investment over time. Beyond that, expected home price appreciation also means if you’re ready, willing, and able to buy, waiting

Mark Your Calendar Fri. - Sun. 10/13-10/15 WasabiCon at Prime Osborn Convention Center Fri. 10/13 The Florida Ballet’s Dracula at Jacksonville Performing Arts Center Sat. 10/14 TEDxJacksonville Conference 2023: Human/Nature at WJCT Sun. 10/15 Jacksonville Jaguars vs. Indianapolis Colts at EverBank Stadium Thurs. 10/19 Sip & Stroll Presented by PNC at Southbank Riverwalk

 

  With its super hot weather, Jacksonville Beach, FL offers a variety of activities to help you beat the heat and enjoy your time. Here are some ideas: Beach Fun: The obvious choice is to hit the beach! Jacksonville Beach offers sandy shores and warm waters. You can swim, sunbathe, build sandcastles, or simply take a leisurely stroll along the shoreline. Water Sports: Embrace the heat by engaging in water sports such as surfing, paddleboarding, kayaking, or jet skiing. The ocean is your playground, and these activities can help you cool off while having a blast. Fishing: Jacksonville Beach is known for its excellent fishing opportunities. You can fish from the pier or join a charter boat trip for deep-sea fishing. Beach Volleyball: Many beaches have designated areas for beach volleyball. Gather your friends or join a pickup game to get active while enjoying the sea breeze. Beachfront Dining: There's nothing like indulging in delicious seafood while overlooking the ocean.

I have a hundred reasons why people are leaving New York and coming to Northeast Florida.  Here are my top 5 reasons. 1. Affordable Cost of Living : Northeast Florida offers a more affordable cost of living compared to New York. Housing prices, property taxes, and general expenses tend to be lower, allowing individuals and families to stretch their budgets further. 2. Pleasant Climate : Northeast Florida enjoys a mild climate with warm summers and mild winters, making it an attractive destination for those seeking a break from New York's harsh winters. The region's pleasant weather allows for outdoor activities and a generally more relaxed lifestyle. 3. Outdoor Recreation Opportunities : Northeast Florida boasts beautiful beaches, rivers, and parks, providing ample opportunities for outdoor recreation. From surfing and fishing to hiking and wildlife observation, residents can enjoy an active lifestyle surrounded by natural beauty. 4. Vibrant Cultural Scene : Northeast Florida o

Jacksonville will soon become the home of the largest video screen in the world! Our beloved Jacksonville Jaguars received approval from the city council to proceed with their amazing stadium enhancements.  For a mere 63 million dollars, the Jaguars will now have the most exciting fan experience in the entire NFL! The North end zone of beautiful EverBank field will become a warm Sunday afternoon oasis. Complete with several swimming pools and the best bar and food service in Northeast Florida; our fans will be the coolest fans in the country! The pool(s) will keep those hot Jaguar fans as cool as cucumbers. Now for the amazing details. Are you ready for some football?  You better be at the Stadium and not at home stretched out on the couch! The LED scoreboards in each end zone, each measuring 55 by 301 feet, make them the largest of their kind in the world. If that isn’t enough of a view for you, there will be two sideline boards, each measuring 3.6 by 579 feet.  If that isn’t

The time to sell is a waiting game for some   By Megan Hopkins • March 21, 2013 •   Real estate is always a game of knowing when to make your move. With that in mind, industry experts suggest move-up buyers remain mindful of how quickly home prices appreciate while riding the current market recovery. For move-up buyers wanting to wait out rising home prices to ensure they can sell their current home at a maximum price, analysts say the value of such a move depends on when the homeowner purchased their current residence.    Daren Blomquist, vice president of RealtyTrac, says homeowners who purchased during the down market of the last two or three years would be wise to move up in 2013 . "Because they bought near the bottom, these homeowners should have built up some good equity that can go toward the purchase of a new home, and waiting longer to build more equity likely won’t provide much advantage given that other homes that they might want to move up to