“Housing prices rise in Jacksonville” – News4Jax

Wholesale Realty News

“The median price of a home in the River cost about $187,000. That’s a 10.1% appreciation over one year and a 61.8% appreciation over five years. Jacksonville just made the top 10 list of United States cities with the most home price growth in …

“Landlords listen up: Find the best rental returns here”- CNBC

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Great article on the rising rental rates and opportunities for rental property owners! “An increasingly competitive homebuying market bodes well for the single-family rental market relative to both demand and rental rate increases,” said Wally Charnoff, CEO of RentRange Data …

Jacksonville makes Forbes 20 best cities list for summer travel!

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Forbes calls Jacksonville a hidden gem that’s “packed with attractions.” “Walkable neighborhoods like Five Points and San Marco are home to numerous bars, boutiques and bistros, just outside downtown,” Forbes wrote. The beaches were also cited. Jacksonville is the only …

Jacksonville FL Metropolitan Statistical Area

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Jacksonville, FL Metropolitan Statistical Area At a Glance: Metro Population: 1,421,900 Major Industries: Defense, Transportation Gross Metro Product: $64.2 B Median Household Income: $52,068 Median Home Price: $158,500 Unemployment: 5.4% Job Growth (2014): 2.5% Cost of Living: 1.8% below nat’l avg …

Welcome to the Future: Middle-Class Housing Projects

Wholesale Realty News

BY NATHAN HELLER I spent the nineties growing up in San Francisco, which, like many cities in that decade, churned with swirls of startling change. Boulevards were beautified (although a shaggy indie scene managed to thrive on side streets). Coffee …

Is It Better to Rent or Buy?

Wholesale Realty News

Rob Austin and his wife, Natalia, have a 10-month-old son, healthy incomes and plenty of cash in the bank for a down payment on a house. But they are happily renting a townhouse in Pasadena, Calif., with no plans to …

Experts: Risky home loans are back in Jacksonville

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The home mortgage market is loosening up with a major lender gaining national attention for loans designed with low down payments to allow cash strapped, first-time buyers access to financing. Bank of America announced last week that it would begin …

Jacksonville ranks high in housing affordability

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New communities throughout Northeast Florida draw families, professionals and retirees. Existing communities and historic districts are attracting a new audience with renovations and infill construction. It all points to a steady comeback from the economic downturn that slowed growth for …

This is the next big property investment

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Rent hikes are dogging tenants, but big money investors say the season of love for residential, multi-family rental properties is only getting started. “Property is in a sweet spot, slow (economic) growth is good for us,” Barry Sternlicht, chairman and …

Frank Denton: Jacksonville as a secretly cool city

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So when I saw the Huffington Post headline about “five secretly cool cities,” I was ready to go there. Travel writer David Landsel was warning people looking to move to a cool city to avoid Austin and Portland and San …

How 32205 became one of the hottest neighborhoods in Florida

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Weaving between construction workers, trucks and the hustle and bustle of a vibrant commuter community, Jacksonville’s millennials bike and walk the streets of a once-blighted area. Their destination: Murray Hill, with its trendy bars and hip coffee shops, its vaping …

Florida’s housing market shows positive gains

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Florida’s housing market reported more closed sales, higher median prices, more pending sales, and fewer days on the market during the second quarter of 2015, according to the latest housing data released by Florida Realtors. Closed sales of single-family homes …

10 most expensive markets for real estate

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To most people, New York City has become an otherworldly real estate market. It’s the town where a skyrise condo just sold for more than $50 million—and it was only that cheap because it was raw space. But to the …