Jacksonville Beaches Real Estate

Is it just me, or is this Christmas here to soon? I'm just not ready for it yet. It could have something to do with the fact that it's going to be 83 degrees tomorrow. Somehow, 83 degrees and Christmas just don't seem like a good match! How can we get past this heat?!?!? The real estate market remains hot too. I got another short sale listing today. Another investor owned property that would be a really good buy for someone. There still seems to be a lot of activity out in the market. Lots of buyers trying to take advantage of the First Time Buyer tax credit. Lots of buyers trying to take advantage of the foreclosures on the market as well as the short sales. Interest rates dropped so low last week that they are the LOWEST THEY'VE EVER BEEN!! Wow! At one point they were just above 4%. That's amazing! What are you waiting for? If you've been thinking about buying a house...NOW is the time to act! In the meantime, I hope the weather cools off, but not the marke...

Overall home values in Northeast Florida fell 11.6 percent in 2008, according to the latest data from Zillow.com. Median home sale values fell to $163,800, compared to the market peak of more than $210,000 in mid-2006, with nearly 30 percent of all homes selling at a loss . Single-family home values fell 11.2 percent, while condo values fell 17.3 percent. Nationwide, home values fell for the eighth consecutive quarter, declining 11.6 percent to $192,119. That means homeowners lost a cumulative $3.3 trillion in home values during 2008, with $1.4 trillion of it coming in the fourth quarter. It could be worse! We could be in South Florida where the value dropped 23.5% in 2008. Condo prices dropped 23.9%. It's been reported that more than 34.5% of those homes sold at a loss. Obama had better do SOMETHING to stimulate the building industry, free up mortgage money and make credit available to buyers or we are going to be in VERY SERIOUS condition in a very short time! Let's not sp...