The New Housing Bill

Should you have any questions about the below article (or the bill itself) feel free to ask. I myself have mixed feelings about the bill. It’s a good thing to help homeowners who are in over their heads at no fault of their own. However, the bailing of Fannie & Freddie may [...]

Jacksonville Real Estate – Are things starting to pick up?

Inventory levels have improved for the last 5 months coming down from 19.12 in January to 13.19 in June.  What does this mean?  Well, the absorption rate is kind of like a golf score, lower is always better!  Basically, the absorption rate measures buyer activity.  It takes total available homes for sale and divides that [...]

Being Prepared for Hurricane Season in Jacksonville, FL

I attended the Beaches Fine Arts Triathlon this morning at Micklers Landing, and was reminded of the small possibility that a hurricane may come our way in Jacksonville. The normally calm or small chop that describes the Jacksonville surf was replaced by 5′ sets rolling in and knocking swimmers back as they began their 400M [...]

The New Iphone released today

Apple 2.0
Mac news from outside the reality distortion field
By Philip Elmer-DeWitt

Type Size  
July 8, 2008, 10:56 pm
They’re out! The first iPhone 3G reviews

The iPhone 3G

First the Wall Street Journal’s Walt Mossberg jumped the gun, publishing his online review of Apple’s new iPhone 3G on Tuesday night, more than a day before his usual Thursday column appears.
Then, [...]

Parents of students – UNF, FCCJ, and JU

Parents looking to avoid paying escalating college dorm costs, this is the option for you.  Buy an investment property for your son/daughter to live in while in school.  Available in Jacksonville, FL  the FHA Kiddie Condo loan is not just for condos. It gives you the opportunity to get a low interest, low down payment [...]

Weekly Mortgage Rates

NO BIG CHANGES IN MORTGAGE RATES ACCORDING TO FREDDIE MAC WEEKLY SURVEY
Long- and Short-Term Rates All Well Above Figures At the Same Time Last Year
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.37 percent with an average 0.6 [...]