Here are the August 2009 stats and August 2008 for comparison -
2009
2008
The number of homes sold year to year has increased by 33%, which is right in line with the uptick in activity we are seeing in all price points.
The overall days on market have decreased; the lowest price home sold was most likely a short sale or a foreclosure which is why it moved so fast. If you are not getting showings, you are not priced correctly. It's that simple.
If you are ready to list your home, call me for a comparable market analysis to see what price range you should list in, and to learn more about what sets myself and Prudential Network Realty apart from the competition.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
(Data is compiled from the Northeast Florida Association of Realtors Multiple Listing Service, and reflects Realtor sales. Sales not involving a Realtor are not included.)
I have to correct the impression recently made by the media about this disastrous population decline in Florida.
True, there have been 58,000 people to leave the state. We do not know from where in the state nor do we know why, nor do we know from what type of positions. These could be people who recently moved here, say, in the past 3-4 years, and they have decided to move to the Carolinas, or "half way back" to a state they originally moved from
However, from a statistical perspective, 58,000 leaving a state population of 18,328,340 is a fairly small number - .003% to be exact.
Please do not fall into a "Chicken Little, the sky is falling" state of mind! If this trend continues, and if the numbers start becoming greater, then it is a matter Worth digging deeper into.
Until we have more data on the why, the where, and the type of position they left, or were downsized from, this is simply the media creating excitement to sell papers, and newscasts.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
Yes, you read that correctly, I got a well-priced, well-presented listing into contract with a pre-approved, qualified 1st time buyer in 8 days.
How? Aside from market activity picking up, which we are seeing across all price points in Jacksonville, FL, my seller was HIGHLY motivated and followed my suggestions to have a pre-listing inspection as well as consult with a home stager.
I knew I would not have this listing for very long, but I was even happier to tell the seller the other offers I received were less than the offer she accepted, and that we can close by her target date of 9/30/09.
We are also down to 10 months inventory here in Jax, suggesting more market stabilization. I'm thrilled to see homes getting into contract in shorter time spans.
Here's a link to the MLS listing: http://pub.realtyweb.net/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=oua4kmm1x36&id=1&cid=1
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
If you are ready to buy your first home in Jacksonville, FL, here is some good information about new programs available.
The Neighborhood Stabilization Program (NSP) is a city program seeking to purchase bank owned foreclosures, rehabilitate them, and then sell them at moderate prices to homeowners. This program is specifically targeting the following zip codes:
The program overview is available on this website: http://www.nspjax.com/
This is a brand new program. so there will be more info posted to the website soon.
The other program you may have heard about is the Florida Homebuyer Opportunity Program. This is another city program offering downpayment assistance for first time homebuyers. There is a limited amount of funding for this program, and this program requires a Home Buyer Education session, which is 8 hours long. It's important to know the buyers that will benefit from this program are motivated buyers who are ready to buy in the next 45-60 days. Each buyer prospect will be given a letter after the education session, and this letter is First Come/First Served/First Closed.
The max purchase price for a property on this program is $247,500, and the property MUST be owner occupied-not an investment property.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
If you are ready to buy your first home in Jacksonville, FL, here is some good information about new programs available.
The Neighborhood Stabilization Program (NSP) is a city program seeking to purchase bank owned foreclosures, rehabilitate them, and then sell them at moderate prices to homeowners. This program is specifically targeting the following zip codes:
The program overview is available on this website: http://www.nspjax.com/
This is a brand new program. so there will be more info posted to the website soon.
The other program you may have heard about is the Florida Homebuyer Opportunity Program. This is another city program offering downpayment assistance for first time homebuyers. There is a limited amount of funding for this program, and this program requires a Home Buyer Education session, which is 8 hours long. It's important to know the buyers that will benefit from this program are motivated buyers who are ready to buy in the next 45-60 days. Each buyer prospect will be given a letter after the education session, and this letter is First Come/First Served/First Closed.
The max purchase price for a property on this program is $247,500, and the property MUST be owner occupied-not an investment property.
Carol Zingone is a Broker Associate with a 100% Customer Satisfaction Rating in Jacksonville Beach, FL with Prudential Network Realty. She helps buyers and sellers throughout the Beaches, Intracoastal West and Greater Jacksonville, FL areas. She can be reached at 904/993-9048 or via email at carolzingone@clearwire.net
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