Carey Frankel's Real Estate Blog

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Real Estate Agent - Phyllis Frankel Realty Group | Ponte Vedra Real Estate
Let our family with generations in the real estate business here in Jacksonville, Ponte Vedra Beach and St. Augustine put our real estate experience and local knowledge to your advantage. Learn tips for buying and selling your homes, condos, townhomes and land in Jacksonville, St. Augustine and Ponte Vedra Beach. Get the inside scoop on what is happening in Real Estate in Duval County and St. Johns County.
RECENT BLOG POSTS
  Marsh Landing has an experienced a betterment in the market just like Ponte Vedra Beach (website) in general. There was a drop of 16.9% to a YTD absorption rate of 6.05 months. So Marsh Landing (visit here) is just now entering a "balanced market". However, if sales progress continues then it c...
08/24/2014
  National Foreclosure Statistics Summary Inventory is down 35% from June 2013. That is 32 consecutive months with year over year decline in foreclosure inventory (check this out). Florida is still ranked as #2 State with the Most Foreclosures. Northeast Florida Distressed Property Summary There ...
08/23/2014
It's not surprising that the 3rd fastest growing community in the U.S., Nocatee (click here), has an absorption rate of 1.94 months This is a true seller's market and the builder could be raising prices any minute. In fact the average days on the market for July 2014 is just 49 days with a median...
08/23/2014
  The market did get better this month.   The absorption rate went from a July 2013 rate of 7 months to a July 2014 rate of 6.59 months. So we are almost at a balanced market. This is a 5.86% reduction.     Listing Prices   In the meanwhile, the average listing price has increased 9.52% from July...
08/22/2014
  Most & Least Affordable U.S. Cities | Price Change Since Last year
08/21/2014
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08/21/2014
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08/19/2014
Siena at Town Center of Nocatee ICI homes will start model construction Fall 2014 for these mediterranean/tuscan style homes with tile roofs and ranging in size from 1,600 to 3,000sf. These are unique floorplans with rear alley garage entry. Also unique to this location is being walking distance...
08/18/2014
The new Nocatee Valley Ridge Academy was started last year but won't be finished before school starts. The same goes with Patriot Oaks Academy in Durbin Crossing. Schools are to educate approxmiately 1,000 students for grades pre-K to 7th grade. Next year will be the addition of 8th grade to both...
08/18/2014
Richmond American Homes Summer Builder Promotion! Up to $10,000 closing cost promotion, $0 loan origination fee and Up to $8,000 in select home upgrades*. This deal is only available on select homes that close by 9/30 & finance through HomeAmerican Mortgage Corporation. Where is this deal availa...
08/18/2014
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Carey Frankel

Carey Frankel, ABR, SFR, CDPE, GRI
local_phone(904) 273-0125
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Let our family with generations in the real estate business here in Jacksonville, Ponte Vedra Beach and St. Augustine put our real estate experience and local knowledge to your advantage. Learn tips for buying and selling your homes, condos, townhomes and land in Jacksonville, St. Augustine and Ponte Vedra Beach. Get the inside scoop on what is happening in Real Estate in Duval County and St. Johns County.