September 20, 2016

Jacksonville Real Estate Trends in August -Top 4 Reasons Closings Get Delayed

“At the moment when you feel like you have reached the point of absolute exhaustion, inspire yourself to take one last step, and that is when you have successfully arrived to the next level.” Master Jin Kwon

This quote really inspires me because it is so rare to see true mastery in sports, the arts and business. It is fun to have college and professional football back and the final days of baseball for this year.

The Northeast Florida Association of Realtors market stats for August continue to show a strong local real estate market. The closings and pending sales are up, the median and average sales price are up and the inventory of homes for sale and percentage of distressed properties are down. All of these trends are very positive. (more…)

July 22, 2016

Jacksonville’s Real Estate Trends in June Show Highest Pending Sales to Date!

“Lighthouses don’t go running all over an island looking for boats to save; they just stand there shining.”

According to UCF economist Sean Snaith in his 2nd quarter Florida & Metro Forecast, Florida’s economy is shining. He predicts that Florida’s economy will continue to grow at a faster pace than the national forecast for the next four years because of rising job growth and home construction. (more…)

February 21, 2014

Positive Real Estate Trends for January 2014 – Dramatic Increase in New Construction Forecasted

Talent is God given. Be humble. Fame is man-given. Be grateful. Conceit is self-given. Be careful.”  John Wooden

I love John Wooden quotes and thought it would be appropriate with March madness starting very soon.

The January 2014 market stats for the Northeast Florida Association of Realtors says “Potential trends to watch in 2014 include increased seller activity, more new construction and fewer foreclosures on the market.” (more…)

September 26, 2013

Jacksonville Real Estate Trends for August – Days on the Market Down to 80 Days!

“You don’t become great by trying to be great. You become great by wanting to do something, and then doing it so hard that you become great in the process.”  - Randall Munroe

I am truly hoping my Atlanta Braves play baseball so hard they become great this year. They have had a tremendous season and now the great ones will win it all. I love the post season.

The real estate market continues a slow and steady recovery even though we have seen a rise in mortgage interest rates. Pending and closed sales are up, prices are up, new listings are up, days on market are down, and inventory and months supply of homes for sale are down. Everything is going in the right direction. (more…)

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