Jax Stat Chat
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10.31.09 Jacksonville Home Price Fall Unexpectedly
OUCH! Just when we thought it was safe to say we’ve reached a new normal, the Florida Association of Realtors released their monthly sales results. The median sales prices for single family homes in the Jacksonville MSA dropped to $139,900. Last month, the price was $155,200 and appeared to be stabilizing. This month it dropped 10% [...]
10.09.09 Duval County Real Estate Sales Show Increase
Get ready to cheer about this issue’s real estate news. 2009 September sales not only were up again from last year sales by 13.5% BUT they were up from 2007 September sales by 2.9%!! That’s right. This is the first time sales were up from two years ago. Clay County real estate showed even larger gains. Clay County [...]
10.02.09 Real Estate Investors Trade Show Oct. 7
Make plans now to attend the 10th Annual Real Estate Investors Trade Show sponsored by Jacksonville Real Estate Investors Association (JaxREIA). JaxREIA is Northeast Florida’s s oldest and largest real estate investors association. For over a decade JaxREIA has sponsored an exceptional Real Estate Investors Trade Show where you will meet 35+ investor-friendly vendors who can [...]
10.01.09 Jacksonville Home Prices Stabilizing
The Florida Association of Realtors just released their August median sales prices report for single family residences. We have been anxiously awaiting these results because it will, hopefully, give us insight as to the direction of the market. Are prices still declining? If so, by how much? Are they stabilizing? Are they rising? (Hey, it [...]
08.18.09 - Florida Demographics: Negative Growth
Fla. population drops for 1st time since 1946 JACKSONVILLE, Fla. (AP) Aug. 18, 2009 ? Florida?s population has declined for the first time in 63 years, state researchers said Monday as they blamed the recession for plunging tax revenues and a steep drop in new residents. The decline ? 58,000 people over the past year ? is [...]
08.13.09 - Jax Real Estate Sales Surge 21% in June
Wow! July, 2009 sales of Jacksonville’s Single Family Residences came in at 697 units. This represents a 21.6% increase over July, 2008 sales. Clay County sales for July posted a 16% increase. June sales closed out at 701 solds, representing an 8.5% increase in year-over-year sales. One word of caution in reviewing this chart….June sales typically seem [...]
07.29.09 Owner Financing for First Time HomeBuyers?
Been reading about the $8,000 tax refund for first time home buyers. We have several long time renters who just can’t qualify in time for a new mortgage. I’m thinking a wrap-around mortgage might work. Give them rent credits for time served and use the tax refund to make up 10% down. They can have [...]
07.17.09 Sold Activity Surges in Duval County Real Estate
That’s right…sales activity surges in Duval County. June, 2009 posts greatest number of sales since Sept., 2007 and ANOTHER year-over-year increase. Wow! Solds for Clay County aren’t doing so bad either. The Beaches still show flat sales. The dashed red line shows a declining trend line losing 2% of sales volume per month. That’s roughly 25% per [...]
07.12.09 May Median Home Prices for Jacksonville Real Estate Surge
Florida Association of Realtors recently release monthly sales figures for May, 2009. Their report showed solid increases in the median sales prices for single family homes in the Jacksonville MSA (5 counties). See chart below. With the slumping economy, sale prices could have easily fallen instead of rebounding like they have. Do you see how the [...]
07.11.09 Good Deals on Real Estate in Jacksonville and Clay County
Here are Mr. Good Deal’s list of BEST BETS for the week of 7/10/09 and the reasons why they are on the list. All these homes are in the most popular areas measured by the number of solds in the market area. (These are the areas where people want to live). All these homes are a bargain [...]
