About Orange Park's Argyle Forest

Well the bad news for some Jacksonville, FL and Orange Park,FL first time homebuyers is the Florida Bond will require at least a 600 credit score for approval. The only exception will be when there are no FICO scores in which a manual underwrite will be acceptable. Believe it or not this has affected many potential Jacksonville, FL home buyers.

The good news is that the new issue from the Florida Housing bond program will be at a interest rate of 6%. This is great news! The former rate was at 6%.

So that said they have given a little and taken a little.

This Weeks HOT Foreclosure List!!

Argyle Forest Foreclosures

IMPORTANT INFORMATION!!

First Time Home Buyers!!

$8,000 Tax Credit to First Time Home Buyers, AND buyers who have not owned a home in the last 3 years! This program is in effect by the government only for 2009. We can help you find your home to receive your $8,000 tax credit!

Well there is not lack of inventory on the market in any city. Everyone is aware of that. You can drive down one or two streets and find atleast a dozen homes for sale. This is the reality of the market we live in.

However in the Argyle Forest/Oakleaf Plantation area we seem to be picking upa bit of momentum in the listings area. What exactly do I mean you ask.

For the last four months the area has been on a steady decline of listing inventory! This is due to two factors:

1. More homeowners are being cautious about putting there homes up for sale if they don't have to. Hence, it becomes a better market for those of you who must sell (you have less competition!).
2. Interest rates are still good, and prices in the area seem to be fairly leveled out. BUYERS are coming out to buy. They see the opportunity available and want to seize the market.

These two factors are contributing to a lower inventory level. Something we can all be happy about!

Liz Landry * The Landry Team * Keller Williams Realty First Coast * 904-803-2459 *