30-YEAR FIXED RATE FALLS TO AT LEAST A 37-YEAR LOW

Hot off the press from Freddie Mac is that rates have just gotten better. Affordability is at its best in years…
The average 30 yr fixed rate was 5.19 percent with .7 points. That’s pretty darn good!
If you’re in Jacksonville and interested in taking advantage of these historically low rates shoot me an email [...]

December Update

Well it’s time to take a look at where we are and where we’re headed in the Jacksonville real estate market. Currently inventory levels aren’t looking pretty. However, Governor Crist halting foreclosures, government bail-outs, and never before seen affordability levels may make 2009 an interesting year for real estate. I’ve said it [...]

Florida Housing Help

Wanted to discuss a recent article on the FAR website…  It’s been a while since my last posting but it’s time to get back in the swing of things!
In regards to the July $700B Economic Stimulus Package the question has oft been asked, “where is that money going?”  Well, if you’re a Floridian there is [...]

Bailout Bill a Bust

Not sure where to start this post…  The Dow Jones closed down 7% for the day and both the Nasdaq and S&P 500 both down right around 9%.  All of this due in large part to the negative vote the $700B emergency rescue package received today in the house.  This is the article from the [...]

Home Values in Jacksonville, FL for September ‘08

As mentioned in previous posts, one of the key factors influencing the value of real estate is the level of inventory in a given market.  Inventory shows us how supply and demand is changing at different times and what affect that is having on values.
According to a recent article on the FAR website home values [...]

Fannie mae and Freddie Mac Bail Out

Was speaking with a friend of mine who’s also a mortgage originator for Wachovia.  He had a customer who had 1 day prior been approved for a 30 year fixed rate loan @ 6.25% (give or take) and then after the Fannie/Freddie bail-out this same customer’s rate dropped over 3/8 of a point.  
Currently, this [...]

A Great Tool for Those Searching for a Home

If you are looking for a home in Jacksonville, FL and want the ability to customize your search by area of town, type of property, size, price range, etc…   This is the tool for you!  Click here for access
Again, homes for sale in Jacksonville have never been more accessible. Unlike most other sites, [...]

Real Estate: Florida still on top for International Buyers

This article is a case and point for why you need a strong internet presence when selling your property…  In addition to that, motivating the agents working with these foreign buyers by offering additional incentives is always a good idea as well.
REAL ESTATE
Foreign buyers put Florida 1st
Like their domestic counterparts, foreign buyers have retreated [...]

5 Best Deals

As a real estate agent I often hear from potential buyers, “I’m just looking for a good deal.” So, in an effort to try and connect buyers with some of these properties I will be publishing a list, bi-weekly, of the top 5 deals (in my opinion) in a particular area.
For the first round [...]