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This is one of my favorite topics recently. I think many mortgage brokers and lenders will find themselves with questions to answer as foreclosures mount. On the other side, this will lead into a great opportunty for Jacksonville real estate invesment in the coming years. It has been said that many speculative investors are sitting on the sidelines waiting for the foreclosure market to peak and real estate prices to bottom at which point they will jump in a snatch up many opportunities.
http://www.msnbc.msn.com/id/17929461/
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Seems like more and more bad news effecting homeowner's ability for selling real estate in Jacksonville. Our market has changed quite rapidly since two years ago when the average listing sat on the market for only 21 days. However, most of the blame with today's foreclosure issues stem back, in my opinion, to the mortgage lenders and many with wreckless lending habits of two years ago. I can certainly say that we all were expecting this to happen...one day.
http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=4734564
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I've been asked many times while helping customers buy new homes in Jacksonville, Florida why is it that real estate agents will at times never give me a direct answer to specific questions I have regarding a certain neighborhoods. Afterall, they say, these are important facts I need to know as a means to facilitating my decision to buying real estate in Jacksonville. Customers have said to me "Your a real estate agent...you have to tell me!" Once you read this article, you will now understand what an agent is willing and at times unwilling to discuss with their customer. Most of all, as a customer, think what your asking before asking it. Like the rest of the country, a real estate agent in Jacksonville is bound by a pledge to uphold to a certain code of ethics as well as federal laws protecting consumer from a wide range of discrimination situations.
http://realestate.msn.com/Buying/Article_mw.aspx?cp-documentid=4220787>1=9226
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Another new Jacksonville MLS listing! Lovely less than two year old three bedroom, two bathroom home with additional studyin beautiful Doctor's Inlet Reserve! Owned by the builder's superintendent so you know this home was built right! Tons of upgraded features including 18" tile, upgraded hardware and all black appliances. Situated on a peaceful fenced lot overlooking wooded conservation. Low homeowner's assocaition fees in this neighborhood that boosts a community pool, kiddie playground and ball field. Great location near tons of shopping. Hurry...won't last!
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