From the category archives:

Foreclosures Jacksonville

2012 The Year of the Short Sale

March 6, 2012

Based on the recent RealtyTrac year end report, it appears short sales are up and bank owned real estate sales are down.  Statewide, short sales were up 3 percent in the fourth quarter of 2011 compared with the same time in 2010, while bank-owned sales were down 32 percent.  REO down 32%! One big explanation [...]

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Florida Bill to Speed Up Foreclosures

February 29, 2012

Average time a Foreclosure takes in Florida:  600+ days!  That’s a snails pace! Proposal SB 1890 is one step closer to becoming law in Florida.  And it’s a good thing in my opinion. Two Major Changes this Bill aims to Change: Speed up Foreclosures:  Any lien holder, 1st mortgage, 2nd, HELOC, etc., could file for [...]

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Foreclosures increase in Jacksonville

October 14, 2011

The “robo signing” roadblock heavily slowed the banks’ willingness to move forward on foreclosures, but the times have changed.  Nationwide, reports are popping up that foreclosures are back on the rise and Jacksonville Florida is not spared. Foreclosures rise 22% in Jacksonville in the 3rd Quarter Jacksonville Business Journal Story Link That’s 22% increase from [...]

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Jacksonville Florida Worst Real Estate Market in the Country

September 8, 2011

Not a #1 that we want, but it’s true.  Reported by my friend at the Jacksonville Business Journal, Ashley Gurbal, Jacksonville is the Worst Real Estate Market in the Country. Her article is based on Thursday’s report from Clear Capital’s Real Estate Market Report.   The report highlights top performing cities and worst performing cities.  Jacksonville [...]

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7 Myths About Jacksonville Real Estate

July 28, 2011

        Information is flowing from every angle about the local and national housing market.  Some of the info is good and some is completely false.  This is an attempt to debunk some of the more prominent Myths on the local Jacksonville Real Estate Market. Myth 1:  Homes are selling at half price. [...]

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How long does Foreclosure take in Florida

July 12, 2011

Question of the week:  How long does Foreclosure take in Florida? The answer is simple and cloudy:  Forever….sometimes. In the first three months of 2011, the average foreclosure in Florida took 619 days, according to RealtyTrac Inc.  For the math challenged, that’s just shy of 2 years.  The calculation is from the time a home [...]

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Sell a home in Foreclosure

June 9, 2011

Question of the week: Can I sell my home if I’m in Foreclosure? Answer: Absolutely you can sell your home once in Foreclosure! In Florida, your foreclosure begins once you have been served papers which is technically called Lis Pendens.  This is the legal notice that your lender is bringing a law suit against you [...]

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Jacksonville Riverfront Foreclosures

June 4, 2011

Below is the most recent list of riverfront foreclosures in Jacksonville Florida.  These are considered Bank Owned or REO properties.  The list of short sale waterfront homes is a MUCH LARGER LIST!  If you would like that list instead, please contact us.  Or Search Jacksonville Waterfront Homes.

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Case Shiller Price Index graph shows the housing market decline

January 26, 2011

This graph shows the decline in house values since the peak housing bubble years.  Jacksonville is not on the list as the Case Shiller index only studies 20 markets.  However, Case Shiller is said to be the leading measurement for the US housing market.  The report is completed monthly with a 2 month lag. The [...]

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