Tuesday, June 17, 2008

North Hampton Community photos

Clubhouse and pool area at North Hampton. Recreation space includes a community pool, soccer field, basketball court, tennis courts and playground area. The lofton Creek Outpost featues a canoe and kayak launch as well as a fishing station, oyster roast pit and screened pavilion.
Search for North Hampton Homes at http://www.nassaumls.net
Check out the video below of a North hampton House for sale.

Marsh Hen Home

1.45 acre lot with fenced rear yard and magnificent old growth trees. Located just a few minutes from Amelia Island off of Barnwell Road. Vaulted ceilings with plenty of bright space and sunlight. The master is on the main floor and 2 bedrooms and one bath are upstairs. Open floor plan with large fireplace. Wood floors, jet tub, front porch for relaxing, private well. Close to Jaacksonville as well as King's Bay. Offered at $360,000. Contact John Holbrook 904-415-0171 for more information.

Monday, June 16, 2008

Housing Stats

Florida existing home sales improve in April compared to March 2008 Related Story:

Existing home sales ease due to mortgage restrictions, says NAR

ORLANDO, Fla. – May 23, 2008 – Florida Realtors® statewide reported an upswing in existing home and condominium sales from March to April 2008, according to the latest housing statistics released by the Florida Association of Realtors® (FAR). A total of 11,200 existing single-family homes changed hands in April, a 20 percent increase over the previous month when 9,330 homes sold. Existing condo sales statewide rose 21.6 percent, with 3,900 units sold in April compared with 3,207 condos in March.

The median price for existing condos increased slightly as well during the one-month period. The median price of an existing condo in April was $179,200, up 1.6 percent from March’s figure of $176,300.

In the latest National Association of Realtors® (NAR) housing outlook, Chief Economist Lawrence Yun predicts that home sales and prices throughout most of the nation will improve in the second half of the year, especially if access to mortgages backed by the Federal Housing Administration, Fannie Mae or Freddie Mac increases. “There are many reasons for people to get into the housing market today, and very few reasons not to,” Yun says. “With the plentiful supply of homes for sale at affordable prices, interest rates approaching 40-year lows, and the strong track record of housing as a good long-term investment, conditions are ripe for buyers.”

In the year-to-year comparison, a total of 11,200 existing homes sold statewide last month while 12,358 homes sold in April 2007 for a decrease of 9 percent, according to FAR. Florida’s median sales price for existing homes last month was $198,900; a year ago, it was $239,000 for a 17 percent decrease. But, looking back to April 2003, the statewide median sales price for single-family homes has increased about 30.9 percent over the five-year-period, according to FAR records – at that time, the statewide existing-home median price was $151,900. The median is the midpoint; half the homes sold for more, half for less.