How long does it take to sell a home in Jacksonville FL - Spring 2015

How long does it take to sell a home in Jacksonville FL?

The short answer is about 90 days.  That is the running average of the entire Multiple Listing Service in North East Florida.  That number is calculated by the day a listing hits the MLS to the day it closes.  This number is all inclusive of all property types and all sale types:  Land, condos, townhouse, single family, investment properties, etc.  and includes traditional sales, short sales, auctions, and bank reo foreclosed sales.  

So how long will it take to sell YOUR house?  

That's not quite as easy to answer without some information.  Some of our listings sell in 2 days and others are selling in 12 months.  So what's the difference?

• Price point:  Under $150k is extremely…

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Interest Rate Small Window of Opportunity!

This is it!  There is a small window of opportunity to buy a home and lock in one of the lowest interest rates we will probably see in our lifetime.  

As you know, the Fed has held rates extremely low and that is all about to change.  They've announced that they will absolutely be raising rates and it'll start happening at some point later this year.

If you or one of your friends or family members are considering purchasing a home in the next few years, now would be the time to make it happen!  Contact us and we'd be happy to help!

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Spring Real Estate Market Jacksonville FL update

Boom!  And just like that we are off to the races.  

Spring has officially shown up and so have the home buyers!  What you'll see in this real estate market update graphic below is the noticeable trend upward in Pending home sales.  This is an all telling statistic that I always watch.  In my opinion, the health of the real estate market fully depends on the home buyers' confidence to make offers and sellers willingness to go under contract to sell their home.  When this gets out of sync, we get in trouble.  

12 Months of Increases in Pending Sales

Another key stat on this graphic is the monthly percentage increase from the previous year's same period.  It's a trend of increases for every month over the last 12 months.  This is strong and shows…

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St Johns Forest For Sale - 600 Loire Court

St Johns Forest For Sale!

A beauty and well taken care of.  This St Johns Forest home was built in 2005 and has had recent updates of full exterior paint, new gas stove, new dishwasher, new microwave, new water heater, and new water softener.  It is positioned on a great lot within St Johns Forest:  It has 2 culdesacs!  The house sits on Loire Ct., which is a very short road with only a few houses, but also has another culdesac just around the corner!  One drive by and you'll see kids in either culdesacs or both!  That being said - you'll never get into St Johns Forest without knowing an owner or being accompanied by a licensed Realtor on a showing appointment.  This place is locked up tight, and the guard gate is serious about keeping out all the…

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Jacksonville a TOP Location for Real Estate Investment

Jacksonville lands a #1 spot on the real estate investment analysis.  The key to this report is the "passive investment", meaning buy and hold for rentals.  Here is the report:

7 Fla. cities best in for real estate investment

 SAN FRANCISCO, Calif. – The JWB Group, a real estate analysis company, created a list of top U.S. cities for investors who want to buy real estate for use as a passive investment. JWB says several sources of independent data were used to compile the list, but it did not include rental communities that can have fluctuating rent indexes.

Seven Florida cities made the top 25 for passive real estate investment, with Jacksonville landing in JWB's No. 1 spot, followed by Ocala and Palm Bay.

"People who have money to invest are…

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