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Jacksonville Real Estate Trends in April 2015 – Pending Sales, Closings & Prices all up!

May 27, 2015

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Posted by in News, Northeast Florida Market Trends

“Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” ~ Winston Churchill

It takes real courage to work in the real estate industry these days. Even though things are very positive at the moment, the last 8 years have had many false starts and there have been lots of ups and downs. Most of the people I know in our industry continue to be cautious.

The April 2015 Northeast Florida Association of Realtors market stats show a strong spring market. Pending sales, closings and prices are up and the homes available for sale are down. The trends could not be much better. Read more

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Jacksonville Real Estate Trends for March – Pending Sales Higher This Month Than March 2005!

April 29, 2015

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Posted by in News, Northeast Florida Market Trends

“People ask me what I do in winter when there’s no baseball. I’ll tell you what I do. I stare out the window and wait for spring.” – Rogers Hornsby

Spring is here and the Northeast Florida Association of Realtors market stats look strong. The most impressive trend I see is pending sales. There were 2,752 contracts written in north Florida in March 2015. This is 30% more than last March when 2,121 contracts were written. The pending sales are up 22% year to date over the previous year (7,038 compared to 5,766). The most staggering fact is that during the peak of the market in 2005, pending sales reached almost 2,500 for two months and we have approximately 250 more pending sales this March. 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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Positive Real Estate Trends for January 2014 – Dramatic Increase in New Construction Forecasted

February 21, 2014

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Posted by in News, Northeast Florida Market Trends

“Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.”  John Wooden

I love John Wooden quotes and thought it would be appropriate with March madness starting very soon.

The January 2014 market stats for the Northeast Florida Association of Realtors says “Potential trends to watch in 2014 include increased seller activity, more new construction and fewer foreclosures on the market.” Read more

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November Real Estate Trends – 2014 Predictions Show Continued Housing Recovery

December 26, 2013

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Posted by in Northeast Florida Market Trends

Having a place to go – is a home. Having someone to love – is a family. Having both – is a blessing. ~Donna Hedges

This is the time of year when our thoughts turn to home and family. My parents will celebrate their 64th wedding anniversary later this month. I have been very blessed.

The Northeast Florida Association of Realtors market stats for November continue the positive trends we have seen all year. The pending sales were up 15% over last November and 23% year to date.

Closed sales were down 2% from last November but up 23% year to date. The closings were down compared to the same month last year because lender-mediated closings are down 15%, while traditional closings are up 7%. Lender-mediated closings accounted for 36.4% of total closings compared to 41.8% November 2012. Read more

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