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Jacksonville Real Estate Trends in January – It’s A Seller’s Market!

February 21, 2017

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Posted by in News, Northeast Florida Market Trends

“Don’t fear failure. Fear being in the exact same place next year as you are today.”

Dr. Sean Snaith, the Director of the Institute for Economic Competitiveness at the University of Central Florida released the Florida forecast in December 2016 for 2016-2019 and the report is very encouraging. He is predicting Real Gross State Product (RSGP) to grow an average of 3.7% annually in 2016 through 2019. Read more

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Real Estate Trends in April – 3 Reasons Jacksonville is NOT in Another Housing Bubble

May 23, 2016

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Posted by in News, Northeast Florida Market Trends

“Live as if you were to die tomorrow. Learn as if you were to live forever.” Mahatma Gandhi

As I continue learning and reading articles about the real estate market, I have seen several references to another housing bubble. I am in complete disagreement with the theory that our market looks like the market 10 years ago. My reasons for disagreeing are: Read more

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Jacksonville’s Real Estate Trends in February – Great News for Home Sellers!

March 23, 2016

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Posted by in News, Northeast Florida Market Trends

“We are told to let our light shine, and if it does, we won’t need to tell anybody it does. Lighthouses don’t fire cannons to call attention to their shining – they just shine.” Dwight L. Moody

The Northeast Florida Association of Realtors market stats for February bring you really good news if you are thinking of selling your home. Even though there were 3,146 new listings in February, 6% more than February 2015, the inventory of homes for sale dropped 17% to 9,027 properties. This is the lowest number of homes on the market in our area since late 2005. Read more

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Jacksonville’s Real Estate Trends in January – Low Inventory Makes For a Great Seller’s Market!

February 23, 2016

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Posted by in News, Northeast Florida Market Trends

“Nothing, Everything, Anything, Something: If you have nothing, then you have everything, because you have the freedom to do anything, without the fear of losing something.” — Jarod Kintz

The Northeast Florida Association of Realtors market stats indicate that 2016 is off to a great start with pending sales of 2,141 which is 10% more than last January. The last 12 months have averaged 2,322 pending sales per month compared to the previous 12 month’s average of 1,995 for a 16% increase. Read more

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Jacksonville’s December Real Estate Trends – Distressed Homes Down by 53%

January 21, 2016

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Posted by in News, Northeast Florida Market Trends

“Perfection is not attainable, but if we chase perfection we can achieve excellence.” Vince Lombardi

Florida Realtors published a great article reviewing 2015 and looking ahead to 2016. I would like to share the highlights with you.
1. The market – According to Freddie Mac’s latest Multi-Indicator Market Index, Florida’s real estate rebound led the nation, with Orlando the top U. S. rebound city.
2. Inventory is getting tighter – Some underwater owners still can’t sell, some boomers are staying put, and some investors scooped homes in the lower-price categories, leaving today’s first-time buyers struggling. Read more

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