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Esplanade at Town Center Soon to Open
Esplanade at Town Center, the most anticipated new condominium community unlike any other in North Florida will open soon. Esplanade is conveniently located in St. Johns Town Center, the newest...
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Bishop's Court at Windsor Parke Condominium Soon to Open
Bishop's Court at Windsor Parke is the latest condo conversion project slate to open this year. Formerly Mayfield Apartment, Bishop's Court is a luxury condominium community of resort-style amenities...
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Energy Tax Incentives Act of 2005
Headed out to Home Depot to replace some windows? Hold on! If you can wait until January 1st, Uncle Sam might just be able to help you with tax credits, via the Energy Tax Incentives Act of 2005. The...
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FICO Credit Scores
An estimated 50 million consumers are locked out of access to credit because they lack the credit history needed to generate an acceptable FICO score, but a number of companies, including FICO itself,...
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Most Expensive Gated Communities 2005
For the third year in a row, Forbes.com compiled a list of the most expensive gated communities in the U.S. At the top of the list is Star Island, where the highest-priced home currently on the market...
View ArticleTerra Sol Community Proposed for 2006
Terra Sol is poised to be the newest multi-family community in Southside area. Due to a tremendous success of Il Villgio community, the developer has planed to open Terra Sol, a gated community in one...
View ArticleCondo-Hotel Concept
The concept of a luxury hotel that sells some of its units as condominiums has become one of the most popular trends in the real estate industry in recent years. Condo-hotels have expanded into...
View ArticleConvey or Not Convey?
What happens when a seller leaves things behind after they move out? In most cases, buyers can expect permanent fixtures or those that cannot be removed without causing damage to convey when a...
View ArticleCondo for College Students
More parents are viewing their children's college experience as a way to get on the property ladder. As the real-estate market has taken off, so have parents' interest in off-campus housing. And while...
View ArticleProperty Tax Extension in Major Disaster Area
Gov. Jeb Bush signed H.B. 15 (B) into law on December 14, 2005, and counties declared a major disaster area in 2005 may now extend the discount period for early payment of property taxes. The bill...
View Article2006 Housing Forecast
America's 2006 economy will be markedly better than 2005, despite a softening housing market, according to a panel of real estate trade group economists. NAR Chief Economist David Lereah predicts that...
View ArticleUse of Internet for Home Search is Up
Technology is transforming how Americans buy and sell homes in unexpected ways, including how they work with real estate agents and brokers, according to one of the largest surveys of real estate...
View ArticleBuyer and Seller Survey
National Association of REALTORS released its annual survey of homebuyers and home sellers, noting that technology has transformed the way Americans buy homes, but not in the ways pundits first...
View ArticleExpect More ARMs in 2006
Monthly payments on a substantial number of adjustable-rate mortgages (ARM) are projected to increase significantly in 2006—the first time since the ARM boom started—that the payments are expected to...
View ArticleAsian Real Estate Boom Lures Foreign Buyers
With high rising home prices in the United States, many immigrants turn to their homelands for cheaper investments and a chance to ride the Asian boom. Investments by Asian-Americans are helping fuel...
View ArticleFlorida's Hurricane Fund Going Broke
Florida homeowners, already cash-strapped by expensive home insurance, now face the strong possibility of having to patch a hole in the state's hurricane catastrophe (CAT) fund. The senior officer of...
View ArticleNew Home Trend and Tax Credits
A recent International Builders Show in Orlando, Florida indicates a strong demand for energy-efficient, customizable and hurricane-resistant homes from homeowners who can afford the best and who hope...
View ArticlePeak Home Buying Season Shifts from May to August This Year
The U.S. real estate market is now doing better than it did before the pandemic, with the Recovery Index hitting 103.8 compared to a back-to-normal score of 100. Two Central Florida metros have fully...
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American Dream Down Payment Act Gains Momentum on Capitol Hill
The National Association of Realtors (NAR) is optimistic that the American Dream Down Payment Act will continue to gain momentum on Capitol Hill.U.S. Rep. Cory Gardner, left, is sponsoring legislation...
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Foreign Buyer Purchases Down From Last Year
Foreign buyers continued to pull back for the second year, purchasing $74 billion of U.S. existing home sales from April 2019–March 2020, a 5% decrease from the prior 12-month period, according to the...
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2020 July Market Stats for Jacksonville, Florida
Median List Prices for July inventory in Jacksonville are up 5% from last year. New Listings Median List Prices are up 13%. Both Median List Prices for Active and New inventory continue to trend...
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U.S. New Home Sales Beat Expectations in July
Sales of new U.S. single-family homes increased to their highest level in more than 13-1/2 years in July as the housing market continues to show strong immunity to the COVID-19 pandemic, which has...
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U.S. New-Home Sales in August Rose to 14-Year High
Sales of new homes in the U.S. advanced for a fourth month in August to the highest level in almost 14 years as record-low mortgage rates continued to entice buyers into a market with ever-shrinking...
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Jacksonville is the Top U.S. City with the Biggest Increase in Net Arrivals
According to LinkedIn data, Jacksonville is the number one city in the U.S. with the largest increase in their inflow-to-outflow ratios from April through August, compared to last year.According to...
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Miami Tops World In Annual Jump In Luxury Home Prices
The biggest worldwide jump over the past year in luxury housing prices is in South Florida.Prices for luxury housing in Miami jumped more than a quarter from 2020 to 2021, according to an analysis by...
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Jacksonville Ranks 4th in Best Places to Live in Florida on U.S. News & World...
Jacksonville made a big leap in the rankings of US News & World Report’s Best Places to Live in Florida, moving from 11th place in 2021 to 4th this year. Only Sarasota, Naples and Melbourne...
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Jacksonville ranked 2nd for Best Places to Live in Florida
Forbes recognized Jacksonville as the second ‘Best Place to Live in Florida in 2023.’ It’s easy living here in the Bold City. With great beaches, waterways and a melting pot of culture, it’s no secret...
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Deadline to File for Florida Homestead Exemption is March 1, 2023
Did you buy a home in Florida in 2022? If so, the deadline to file for the Florida homestead exemption is before March 1st, 2023. In order to claim your homestead exemption, the property must be...
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Fed Seen Ending Rate Hikes by March as Inflation Slows Most in a Year
It is expected that the Feds will raise the interest rates by 25-basis-point when meeting next week. The Feds will plan one more rate increase in Q1, ending rate hikes by March as inflation slows. A...
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Pending Home Sales Increased 2.5% in December, Ending Six-Month Slide
Pending home sales improved for the first time since May, up 2.5% from November, according to the National Association of Realtors. Month-over-month, contract signings fell in the Northeast and Midwest...
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Northeast Florida Home Affordability Index falls nearly 35% in 2022
The Home Affordability Index for single-family homes in Northeast Florida fell steadily in 2022 from 104.5 in January to 69 in December. The index had dropped 34.9% in 12 months. The closer the index...
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Love and Listings: The Top 10 Reasons Why Real Estate Agents Make The Best...
You know what they say: there’s no better wingman/woman than a real estate agent! When you’re with them, the world is your oyster (or your five-acre ranch, your beachfront villa, you name it.) Here are...
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Investor Home Purchase Activity Fell By Nearly 50% In Q4
Wall Street investor purchases of U.S. homes fell a record 45.8% year over year in the fourth quarter amid soaring interest rates as the high cost of borrowing money and the prospect of substantial...
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Opt Out or Pay: All Troops to Get an Extra $100,000 in Life Insurance March 1
Starting on March 1st, all eligible military members will be automatically enrolled for $500,000 worth of Servicemembers’ Group Life Insurance coverage — even if they previously chose not to buy it —...
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Jacksonville is listed among 5 biggest U.S. “Boomtowns”, according to...
Jacksonville is listed among 5 biggest “U.S. Boomtowns during pandemic,” according to LendingTree which ranked and scored the 100 largest metros in three main categories: people and housing, work and...
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VA Loan Closing Costs: An Added Benefit
Are you or someone you know considering a VA loan for a new home? Here’s some valuable information that can help you navigate the process more smoothly and save money at the closing table.One of the...
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