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September’s Jacksonville Real Estate Stats Show Stability and Hyper-Local Pricing Trends

October 29, 2014

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Posted by in News, Northeast Florida Market Trends

“An ignorant person is one who doesn’t know what you have just found out.” Will Rogers

This quote seems appropriate because I was really struggling and looking everywhere for good information to share with you because the Northeast Florida Association of Realtors Market Stats have been delayed due to some changes made in the reporting areas. This turned out to be a blessing because I discovered some reports in our Multiple Listing Service that I never knew existed and I got more familiar with the great reports by Florida Realtors. Read more

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Jacksonville FL Real Estate Trends in August – This Month’s Pending Sales up over 21% From August 2013

September 23, 2014

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Posted by in News, Northeast Florida Market Trends

“It’s not the will to win that matters—everyone has that. It’s the will to prepare to win that matters.” Paul “Bear” Bryant

With football season underway, it is nice to start with a quote from a true legend. I will not discuss football or baseball since the teams I love all seem to lack the additional preparation to win.

The Northeast Florida Association of Realtors market stats for August continue to show the positive trends that we have been seeing since March of this year. The most impressive to me is pending sales. There were 21% more contracts written in August 2014 (2,305) than in August 2013 (1,901). There have been 17,061 contracts written year to date for an 11% increase over 15,429 last year. Read more

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July Real Estate Trends – Local Market Shines Against National Market

August 21, 2014

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Posted by in News, Northeast Florida Market Trends

“Too many of us are not living our dreams because we are living our fears.” -Les Brown

There is still a lot of fear and uncertainty about the economy and the national real estate market. The real estate trends have been more positive locally. The Northeast Florida Association of Realtors July market stats continues to show pending sales increasing, inventory of homes for sale decreasing and median and average sales prices increasing. All very positive. Read more

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June Real Estate Trends – Pending Sales are Approaching Historical Peak Activity

July 25, 2014

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Posted by in News, Northeast Florida Market Trends

“Sometimes the questions are complicated and the answers are simple.” ― Dr. Seuss

If you are like me, you are drawn to read every article you come across on the subject of the real estate market. Most of these articles generate more questions than answers due to the inconsistency in their conclusions. For example, in the last week I have read (reliable sources!) that new home sales are up to the highest level in 6 years and the real estate recovery is sputtering. Much of the reported news reflects the market where the reporter resides. Additionally, while the national trends are important as an overall indicator, it is our own local trends that are critical to the planning process. Read more

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Jacksonville Real Estate Trends in May – Short Sales Out, Foreclosures in…How Crazy is That?!

June 20, 2014

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Posted by in News, Northeast Florida Market Trends

“A truly rich man is one whose children run into his arms when his hands are empty” – Unknown

I picked this quote to honor all the great Fathers out there. I hope your Father’s Day was the best ever. The real estate market has improved every month in 2014.The numbers below are from the Northeast Florida Association of Realtors market stats report.

January

February

March

April

May
Pending Sales

1,840

1,909

2,193

2,347

2,467
Closed Sales

1,505

1,649

1,876

1,975

2,044

The median sales price and the average sales price are up 3.4% and 3.6% respectively year to date. Read more

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