Real Estate News

Come visit our table Saturday Aug 10 2019!

“Analysts with Veterans United compared the 100 biggest cities in the U.S. among four categories: economic wellness, employment, veteran quality of life and availability of VA benefits. Then they compared the strength of those categories in each city and gave each city …

Have an inherited home? Looking to sell it? How about what happens to the taxes when you do sell? Make sure you and your clients are informed about the tax ramifications of selling a home in your state. Llyce Glink …

“Owning property has advantages and disadvantages – and certainly many of the issues are tax related. There are three important residential real estate taxation changes that last year’s tax reform impact. They include: mortgage interest deductions, property tax deductions, and …

“Vintage homes, trendy coffee shops, eccentric restaurants and hip breweries have made Jacksonville’s 32204 ZIP Code — Riverside, Five Points and Brooklyn — a haven for millennials, young people between 18 and 38 years of age.” writes Matthew Farina of …

“HGTV is the winning bidder on ‘The Brady Bunch House’” Lisa Respers France of CNN writes in an article describing the change of ownership. It appears as though the home and garden television giant will attempt to restore the iconic …

“According to the S&P CoreLogic Case-Shiller National Home Price NSA Index, home prices have risen for the 72nd month in a row” writes Elizabeth Stone of RealtyLeadership. Home availability is decreasing in most markets. Don’t miss your opportunity to buy! …

“Investing in real estate to provide a steady stream of income from renters can absolutely be a smart business move as long as you have your finances in order, understand the market in which you are investing, focus on the …

Thinking of flipping a house? Make sure to check out this educational video from CNBC! Video Link: https://twitter.com/CNBC/status/1003260009831116800/video/1 

“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 …

“About 50 percent of millennials in the last two years have bought or refinanced a home or plan to do so in a couple of years, a AAA survey shows. Over 70 percent of Florida Millennials seek financing when trying …

“Homes in Northeast Florida are selling for more than they ever have, finally topping the pre-recession boom. The median sales price during July was $217,000, according to the Northeast Florida Board of Realtors. That’s $4,500 more than in June and more …

Jacksonville named #2 US city in which people seek to live in 2017 according to Business Insider. “To figure out which cities Americans are flocking to, realtor.com looked at three data sources: Census Bureau migration data from 2010 to 2014. …

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 …

Real estate investment site Homeunion.com reports that Jacksonville’s population has increased and will continue this trend. Please read for further details. To read article click here.  

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’s year-over-year rental growth at 1.9 percent, more than 2 percentage points behind the state average of 3 percent, leaving Jacksonville as one of the most affordable metros in Florida to rent an apartment.

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 …

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 …

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 …

It’s the 53rd fastest growing metropolitan area in the U.S., out of 388. The U.S. Census Bureau keeps track of population growth in metropolitan areas and in counties and released new figures for the nation’s metro areas this week. Jacksonville’s …

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 …

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 …

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 …