Real Estate News

“Who loves the sun? More Americans than ever, according to U-Haul.” writes Rob Wile of the Miami Herald. Read the full story below: https://www.miamiherald.com/news/business/article239117468.html

“Multifamily will be hammered by the extreme job losses, while sing-family homes are showing few cracks in its fundementals, according to Green Street Advisors” writes Erika Morphy in a recent article features on GlobeSt.com. It might be to perfect time …

“In my extensive experience, single-family rental homes have proven an excellent strategy. Monthly rent receivables can create positive cash flow, putting money in investors’ pockets now and helping build wealth by paying down principal.” writes Bruce McNeilage of Forbes. Read …

“Do you ever wonder why there are always new homes being built in Jacksonville? The answer is….because people keep moving here!” writes Carianne Luter for WJXT. Read the full story here: https://www.news4jax.com/features/2020/02/18/jacksonville-4-most-popular-city-moved-to-in-2019/

“Many Americans, already struggling to find a home they can afford to buy, are increasingly at paints to find a place they can afford to rent. Tightening the squeeze: An influx of middle-class renters that is pushing up prices in …

“U.S. housing prices are rising nicely, stock is in short supply, the homeownership rate is rising – looks good as an investment.” writes Tim Worstall in an article for Seeking Alpha. See the full story below: https://seekingalpha.com/article/4321409-u-s-housing-good-investment?utm_medium=referral&utm_source=apple.news

“The Jacksonville Housing Authority unanimously voted in an emergency meeting Wednesday to fire CEO Fred McKinnies after an investigation substantiated several allegations of misconduct.” writes Will Robinson of the Jacksonville Business Journal. Read the full story on their website here: …

“Griffin Capital president Randy Anderson discusses why he thinks real estate is a good investment right now. “ Click Here to Watch the Full Story

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.