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Jacksonville FL Real Estate Trends in May – New Listings, Closings, Sales and Prices are all up!

June 20, 2013

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Posted by in Northeast Florida Market Trends

“I’d rather be a could-be if I cannot be an are; because a could-be is a maybe who is reaching for a star. I’d rather be a has-been than a might-have-been, by far; for a might have-been has never been, but a has was once an are.” — Milton Berle

If you did not have to read that more than once, you are much smarter than me.

I would like to share a few insights from Dr. John Tucillo, the chief economist for Florida Realtors who spoke in Jacksonville recently.

  • 1- The real estate market is heavily tied to employment. Employment will not change significantly unless we have new industries to create employment or we restore manufacturing. Read more
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April Real Estate Trends Show Pending Sales, Closed Sales and Prices all Improving!

May 22, 2013

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Posted by in Northeast Florida Market Trends

“If there is no wind, row.” Latin Proverb

We have been rowing in the real estate market since 2007, but the wind is back and we are sailing again in 2013.

The market stats from the Northeast Florida Association of Realtors (NEFAR) for April show pending sales, closed sales, and prices all improving.

There were 49% more pending sales (contracts written) in April 2013 than in April 2012. With 2,432 pending sales in April we are very close to the 2,500 pending sales we experienced in the peak of the market in mid 2005. Read more

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More Good News About the Northeast Florida Housing Market in February!

March 25, 2013

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Posted by in Northeast Florida Market Trends

“In my opinion, too many people in this world are born on third base and think they’ve hit a triple.” Pat Summitt

I just finished the book “Reach for the Summit” about Pat Summitt’s life. Pat was the head basketball coach of the Tennessee Lady Vols and won more national championships than any coach since John Wooden. She is an amazing lady and I just had to share that quote. It appears coaching a basketball team is a lot like running a real estate office, every year is different and change is a must.

The Northeast Florida Association of Realtors market stats for February 2013 provide more good news about the housing market. There were 2,055 pending sales in February compared to 1,501 last February for a 37% increase. Year to date the pending sales are up 40% over the same period last year. Read more

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Northeast Florida Market Stats Continue to Show Recovery in the Housing Market in January 2013!

February 25, 2013

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Posted by in Northeast Florida Market Trends

“To think creatively, we must be able to look afresh at what we normally take for granted.” George Kneller

January 2013 was a great month. We celebrated our 6th year in our building on January 31st. Time sure flies when you are having fun.

The Northeast Florida Association of Realtors market stats for January 2013 continue to show recovery in our housing market. I would like to begin with Pending Sales. There were 1,997 contracts written in January which is an increase of 47% over last January when 1,361 contracts were written. The great news is that pending sales were higher than any month since mid 2006. Read more

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Northeast Florida Market Stats Show Improvement in Every Category for 2012!

January 25, 2013

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Posted by in Northeast Florida Market Trends

I want to begin this month’s letter with one of my favorite Zig Ziglar quotes about Thomas Edison and persistence. What a priceless man Zig was. “The only difference between the big shot and the little shot is the big shot is simply a little shot who kept shooting.”

The Northeast Florida Association of Realtors Market Stats for 2012 indicate improvement in every category for the first time in the previous six years. Read more

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