Jacksonville, FL Real Estate News

By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Jax locals!  Local Springfieldians are throwing a HUGE block party today on Market Street between 3rd, 4th and 5th Street!  There is going to be a lot of food, music and friends!  It should be a great time and EVERYONE that can should attend.  We like to have fun downtown! :)
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By Amanda Searle
(RE/MAX)
Riverside has 68 residential homes for sale right now.  If you are in the market and are considering Riverside, there is plenty of inventory to choose from.  Also, there is a great Green community that is being developed.  The developer is working diligently to make the Green homes that will be for sale as affordable as possible.
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Visit www.sparcouncil.organd watch where the next homes are going to be or e-mail me for more information if you are unable to find out on the forum.  All of the Realtors in Downtown Historic Springfield are banding together to show people all that Springfield has to offer...and trust me!  It's worth it!  The homes are AMAZING!!!  Stop by after work on Thursday and see these magnificent showcase homes.  Recently, we have been grouping several homes so buyers (or neighbors!) can take a mini tour.  Stay tuned to see what homes are on board next week!
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Has anyone been watching what is going on in Jacksonville's downtown?  We have the shipyards that are popping up soon. http://www.shipyards.cc/  We have Springfield's downtown development. http://www.srghomes.com/ http://www.urbanjacksonville.info/ http://www.sparcouncil.org/  Cameron Kuhn is doing a lot of rehabilitation to downtown Jacksonville's skyscrapers.  http://www.downtownjacksonville.org/  It's growing!  But as a downtown Jacksonville native, it is NOT growing fast enough!  In the past two and a half years I have seen leaps and bounds as far as the reduction of crime, but as far as new retail, restaurants, bars...not so much.  We DID just get a Starbucks.  Does that mean we are growing?  Yippie we have a Starbucks!  I also saw this article posted...06/04/2007Downtown Named Bes...
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
I have been hearing a lot of buzz about Jacksonville, Florida becoming the next mega real estate market.  All kinds of investors are flocking to the area in hopes of buying early while the market is still slow.  They project this big boom to start around October of 2007 to Jan/Feb of 2008 depending on market conditions.  Has anyone else heard this?  Are there any links that anyone can refer me to so I can see this for myself?  I have no doubt that Jacksonville is growing and there are a lot of good things happening, but MEGA market?  Bring it on!
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Anyone out there in the cyber world wanting to take part in an amazing revitilization!?  You should check into Downtown Jacksonville.  There is a wonderful up and coming historic neighborhood in an area called Springfield that is just blocks from downtown.  It has been in the news multiple times and it is truly a great place to live, work and play.  I have several homes for sale in the neighborhood and prices range from $50K for sticks and bones of a home up to $800K!  The investment potential is still huge!  In 5 years, the changes are going to be amazing!  I have lived in Springfield for over two years and in those two years I have seen leaps and bounds in improvements.  Visit www.sparcouncil.org and click on the forum.  See some of the posts and how much everyone in this wonderful ne...
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By Greg Weik
(Real Estate Solutions)
I found this article from the NY Times, here: http://www.nytimes.com/2007/06/08/business/08home.html?pagewanted=2&_r=1&ref=todayspaper Anyone who has taken a college-level statistics class probably appreciates how difficult it is to accurately draw a conclusion from the data in this article! ---------------------------------------------------------It sounds like the setup for a dull economist's joke. Who gets the better deal: the cautious economist who sells his house through a real estate agent, or his risk-taking colleague who finds a buyer on his own? ...debated by two Northwestern University economists who chose different methods to sell their homes - and the research it helped prompt are serious. And the answer will be of interest to anyone who has paused to consider whether paying...
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By Greg Weik
(Real Estate Solutions)
Perhaps I am biased because I live here, but this area is worth checking out if you are a buyer or have a buyer interested in a condo in an up-and-coming part of Jacksonville... http://www.lanternsquarecondos.com/ This complex is to be the home of the new town center!  The website really does not do justice to how beautiful the grounds are.  You really have to drive down Lantern Street and through Kendall Town to understand why this area is a great place to live and a great investment.
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By Greg Weik
(Real Estate Solutions)
So the average REALTOR is a 52 year old?  Who knew?  Why is that?  Probably because of the financial burden often associated with getting "off the ground" in Real Estate. . .it takes time to save up the capital needed to be your own business!  But I will boldly predict that the average REALTOR age will decrease.  Why?  Demand.Simply put, the way consumers use real estate services is changing at an increasing rate--it's Moore's Law for property!  What do I mean?  Well we've all heard that 80% of buyers now go to the internet first to research their home.  There, they find pictures, descriptions, virtual tours and even the tax records. If they find the property they want, there are no shortages of methods to find an agent who is more than willing to assist them!The next generation of buye...
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By Danny Rushing
(Coldwell Banker Walter Williams Realty)
This holiday shortened week brings us the release of seven important economic reports or news releases. Four of the seven are considered to be of high importance to the bond market and mortgage pricing. The financial and mortgage markets are closed tomorrow in observance of the Memorial Day holiday and will reopen Tuesday morning.The Conference Board will start the week's releases by posting their Consumer Confidence Index (CCI) at 10:00 AM Tuesday. This is a very important release that measures consumer willingness to spend. If the index rises, it indicates that consumers feel better about their personal financial situations and are more apt to make large purchases. If confidence is sliding, analysts think consumer spending may slow in the near future. The latter is good news for the b...
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By Gretchen Dulaney
(RE/MAX Specialists)
Annual Bragan Award AnnouncedThe award is named in honor of Peter Bragan, Sr., the owner of the Jacksonville Suns since 1984. Mr. Bragan has made outstanding contributions to the overall sports scene in Jacksonville, which include area high schools as well as youth athletics.The Bragan Award honors top high school baseball players in Duval, St. Johns, Clay, Nassau, and Baker Counties.  Get the full story written by Kirk Goodman /Jacksonville Suns
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
On Thursday the home located at 230 East 6th Street in Downtown Historic Springfield will be featured on the Twilight Open Home Tour and the last stop for the month of May!  At the open house, we will also be hosting a benefit to help the Springfield Animal Rescue Group.  We will have wine/cheese tasting and all proceeds will go to Springfield Animal Rescue.  The event runs from 5-7 pm pn Thursday, May 31st!  Look forward to seeing you there!
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By Tim Fennell, Jacksonville Real Estate
(The Legends of Real Estate, REALTORS®)
Once again, Jacksonville, Florida has two schools ranked in the top 20 public schools in America according to Newsweek Magazine. (See http://www.msnbc.msn.com/id/18757087/?sort=Rank&count=1257&Search=&start=0&limit=100&year=2007&) Coming in at #3 is Stanton College Prep and at #15 is Paxon School for Advanced Studies.  Another local school to make the top 100 at #78 is Nease High School in St. Johns County, between Jacksonville and St. Augustine.These are just a few of the outstanding schools in our area.  We're proud of their accomplishments!
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By Mark Cole, CRS
(Realty World Executive Group)
If you live in Jacksonville you may have seen today's Times Union article in the Business section on Area Foreclosures.  Many of these foreclosures are the result of investors, "investment clubs" and predatory lending where a borrower was put in a poor loan product or the buyer that has a ARM or interest only loan.  If you look at the map in the newspaper article you will see that a majority of the hoems are in Northwest Jacksonville.  Most of the foreclosures are also in the lower price ranges which indicates that these foreclosures are customers that were probably sold bad loans or there were games played to get the loans underwritten by unscrupulous loan officers.  In some cases the buyers themselves were to blame becuase as I know from experience buyers would not consider other lend...
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By Liz Landry
(The Landry Team-Keller Williams Realty)
   Northeast Floridas Newest Home TownTown LifeNocatee will offer a coastal lifestyle unsurpassed in the region.  Focusing on smart growth, this up vibrant community will be thoughtfully woven into the natural setting of the land.  Village-like neighborhoods with their own gathering places and amenities will be connected via bike paths, trails and roadways to the Town Center offering all you need to relax and enjoy life close to home.SchoolsMost of the neighborhood villages are planned to have an elementary school within walking or biking distance for many of the children.  Nocatee has reserved land for six elementary schools, two middle schools and one high school.  These school sites will be donated to the County School District as needed.Home Styles for EveryoneOne of the elements th...
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By Dinesh Prasad
(NA)
Inspections Inspections are a critical part of the process especially for the buyer. Basic home and termite inspections are very common, and additional types of inspections may also be advisable depending on the property. Your real estate agent will be able to recommend a few inspectors in the area and can also help you decide which inspections are important to your purchase. Inspection Home inspection Building inspection Home inspector Termite inspection Termite clearance inspection - physical investigation of the condition of a particular parcel of real property and any improvements thereon. The inspection can include a review of all construction elements, heating, plumbing, foundation, roof, etc., as well as a consideration of off-site issues such as the proximity of the property to...
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By Dinesh Prasad
(NA)
Serving the Jacksonville and Orange Park area. If you need help finding or selling your home, this is the place to be. http://www.buyersandsellersconnection.com    
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Springfield Heritage Days: Yesterday, Today & TomorrowMay 4, 5 & 6, 2007!  Tickets are on sale now for the 29th annual home and garden tour!Symphony Pops Picnic Concert is Sunday, May 6th at 6 pm  You can call the SPAR office at 904-353-7727 or visit www.sparcouncil.org for more information!  In addition to all of the parades, old tyme baseball games and fun, I will be hosting TWO open houses!  One will be at 230 East 6th Street and the other will be at 1934 Silver Street.  They will both run from 2 to 5 on Saturday, May 5th.  Chips and Salsa for all!  Hopefully I will see some of you there!  This is a great opportunity to see some of Jacksonville's amazing historic homes.................
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
OK, I need to get some frustration off my chest!  I have had these two clients that I have gone WAAAY above and WAAY beyond to accommodate.  Their loan was having a hard time and it took almost FOUR months to close.  Me, as their realtor, redesigned their home for them, met with builders for them, helped with estimates, took care of their DOG when they were out of town...  I got the contract extended and extended until finally we were supposed to close last Thursday.  I went in to the closing and the buyer was SO mad at this mortgage broker because he had to bring a LOT of money to closing.  He decided to make ME his punching bag.  He wanted to change the terms of the contract at the closing table and wanted the seller to pay $3000 toward his closing costs or he wasn't closing.  He had ...
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By Valorie L. Easter, Valorie Easter & Co, Charlottesville/Albemarle Rea
(eXp Realty)
Have you ever been curious about what all is going on with Downtown real estate?  Come to the home tours during the Heritage Days Celebration in Springfield!  There will be numerous open houses in addition to the tour.  The tour runs from noon until 5 Saturday and Sunday, May 5th and 6th.  I look forward to seeing you there!
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