Posts tagged as:

real estate industry

Poll: Where is the Jacksonville Real Estate Market Now?

April 26, 2011

Comments Wanted: Where are we now?  Please make a comment.  I’d like to know your thoughts on the Jacksonville Real Estate market as to where the market is right now.  Is it getting better or worse?  Do you think the local market is stabilizing? Is it a great time to buy? PS: Trump is buying. [...]

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Six Mistakes that Home Sellers Make

April 13, 2011

(The picture above is an actual home in Jacksonville, on the market several years ago. The picture was taken at the appointment showing time.  The picture serves as an example of what NOT to do.) Selling a home in Jacksonville?   Avoid these 6 mistakes: . Pricing for Yesteryear: Too many home sellers are caught up [...]

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Jacksonville Real Estate Inventories Drop

April 12, 2011

The Spring season of home buying is here and inventories of homes for sale in North East Florida reflect the sales activity.  Items to take note of: Months Inventory: Inventory is going down faster than new listings are hitting the market. Active Listings: Check out the red dots trending down. New Listings: The gold dots [...]

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Jacksonville on Forbes Best Retirement Places 2011

March 31, 2011

Jacksonville on the Forbes Best Retirement Places List YES!  We made it on the list! Forbes list are always a mystery to me.  Year to year cities can make the list and then be completely off the list for the next few years.  Do they change their criteria?  Do they have a sophisticated algorithm that [...]

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Jacksonville Home Values 2011

March 9, 2011

Home Values continue to drop nationwide but there are so many conflicting news stories about the housing market, it’s hard to know what is actually happening.  This graph from Zillow, shows the run up in values and then the fast decline of values to current day 2011.  I like this graph as it doesn’t interpret [...]

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Loan Modification Denied? Short Sale your Jacksonville House

March 1, 2011

HAMP or Home Affordable Modification Program has been a complete failure.  Here are some of the more recent articles on the failures: Home Owners Protesting that it’s a SCAM Only 1 in 4 got mortgage relief And the most honest, realistic article of them all comes from Fox Business:  HAMP UPDATE:  Foreclosure More Likely Than [...]

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Why this Jacksonville home sold in 5 days

February 15, 2011

Why did this home sell in 5 days? The Owner: Fully understanding the competition, the owners of this home made every possible cosmetic repair, curb appeal, and cleaning effort to a home that was already in great condition. The Price: We studied the comparable homes that had sold recently, and priced aggressively from the beginning. [...]

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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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Promissory Notes and Cash Contributions on Short Sales

January 21, 2011

Short Sale TREND ALERT: Banks are saying “Show me the money”. Promissory Notes and Cash Contributions are becoming very common in Short Sales Over the past few months, I’ve seen numerous request for a Promissory Note and/or Cash Contribution in order to allow the short sale.  Many times this is requested by the investor (Fannie [...]

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Time to Move to Florida? Top 16 Reasons

January 12, 2011

Isn’t it time to finally move to Florida? With all the snow and airport closings on the news, I can’t help but write this. No State Income Tax No Snow No Iced Roads Warm climate Humidity is better for your skin…right? Sunshine is good for you, and we have plenty of it! Ocean Beach lifestyle [...]

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Top 5 Reasons to buy our Short Sale Listings

January 12, 2011

Buying a Home in Jacksonville? Have you noticed how many are short sales? Be careful! Not all Short Sales are created equally! Top 5 reasons you should buy our Short Sale Listings: . Sellers are screened: Who wouldn’t want to bail out of an upside down house right?  Well, not everyone can.  In fact, it’s [...]

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Chase Short Sale

December 21, 2010

Chase Short Sale Information Consider yourself lucky if you have a Chase mortgage and you need to complete a Short Sale in Jacksonville Florida. Chase has long been one of the slowest banks to work with in Short Sales, however they have recently started to turn the ship.  They now are attempting to get ahead [...]

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Why I Require a Jacksonville Attorney For Your Short Sale

December 13, 2010

Top 4 reasons I require you to use an Attorney for your Short Sale: Professional Legal Representation vs. Real Estate Agent Representation:  Who would you rather have negotiating with the bank, your short sale attorney or your real estate agent? LARGE amount of money negotiations:  This is not a $1000 credit dispute with your Dillard’s [...]

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When to List My Jacksonville Home For Sale

December 10, 2010

If you are trying to decide when is the appropriate time to put your home on the market, my answer is simple:  As soon as possible….just after Christmas! Traditionally, Spring was a great time to list your home for sale, however that’s in a more normal real estate market.  In this market, you need to [...]

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Asking Price is NOT Market Value

December 9, 2010

Question of the Week:   How much is my home worth? Every week I get this question, and my response is almost always less than the owners anticipated.  It’s very easy to look up all the asking prices within a neighborhood, but those are asking prices only. A property is only worth what buyers are willing [...]

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How fast are homes selling in Jacksonville Florida

December 8, 2010

2 examples of homes selling extremely fast in Jacksonville: Short Sale in Eagles Hammock:  26 days flat. Here’s the scoop.  The owners, knowing the home needed to be in tip top condition, volunteered to install new carpet after moving out of the home.  Not only did they install new carpet, but they also had the [...]

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$3000 HAFA Short Sale and Unicorns, Flying Pigs, and Oceanfront real estate in Arizona

December 7, 2010

The government was kind enough to intervene with a new plan called HAFA, which was intended to give incentive to both the Seller and the Seller’s bank for completing a short sale.  The Seller would receive $3000 for successfully completing a short sale. Real World $3000 HAFA program: See Flying Pig to the left The [...]

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There are only 2 ways to price a home

September 28, 2010

Priced to Sell Priced to Keep This is one of my Canadian friend’s rule of thumb on pricing, and I fully agree.  In any real estate market cycle, this rule of thumb works.  It’s one of the keys to the success that I have had at liquidating properties for owners or banks who MUST sell. [...]

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Is it a good time to buy real estate in Florida

August 30, 2010

Question of the month: Is it a good time to buy a home in Florida? Much of the web traffic BradOfficer.com receives is from out of state home shoppers looking for waterfront homes in Jacksonville, beachfront homes, oceanfront in Ponte Vedra, etc. Inquiries come from all corners of the U.S. often asking questions about specific [...]

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Jacksonville FL Highest in Real Estate Price Reductions

August 6, 2010

We are #1 !!! Not that we should be, but we (Jacksonville) are #1 on a recent report for price reductions.  The data showed that out of all the major housing markets in the United States, Jacksonville surged ahead with 54% of all current listings on the market have had a price reduction.  (that’s really [...]

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