Thursday, October 28, 2010

New Real Estate Search tool and website for looking at homes on Amelia Island.

www.ameliaislandsearch.com

John Holbrook - Realtor

New Amelia Island Property Search

New property search for real estate on Amelia Island.

www.ameliaislandsearch.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com

Wednesday, October 20, 2010

Solar Power on Amelia Island

Considering solar power today
What should you say to a homeowner who wishes to increase the eventual selling price on his or her home by installing a solar power system? The short answer is that we cannot accurately predict how much added value any addition to or remodel of a home will provide.

But there is a powerful incentive between now and 2016 for those who install a solar power system. Federal legislation has created a tax credit equal to 30% of the cost of the solar power system, with no ceiling on the resulting dollar amount.1 Your homeowner should be made aware of this and the fact that, even with this huge cost savings, a complete solar power system remains a substantial investment.


John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com

Wednesday, October 6, 2010

Jacksonville Area Real Estate Report

Jacksonville, FL – Traffic Falls as Buyer Expect More
Pain Ahead
3,320 single-family permits in 2009, 23rd largest market in the country
Traffic dips further below expectations. Our buyer traffic index fell again in September,coming in at 11, down from 20 in August, pointing to traffic well below agents’ expectations(readings below 50). The marks the lowest reading for Jacksonville since September 2008,and is the fourth consecutive month of lower than expected traffic. Agents commented thatbuyers were worried that the market hasn’t yet stabilized. Concerns centered on rushing into a home, only to miss out on a better deal in the near-future, while also being locked into a large mortgage. One agent said, “Buyers are looking, but they are afraid of what they might get themselves into.” According to another, “My clients are being more and
more patient. They think better deals are out there, and they want to make sure they get the best one.” Meanwhile, one agent highlighted that investor demand has started to wane, as they are also thinking they may get better deals down the road.

An increased time to sell spells trouble for more price declines. Agents said prices
continued to fall in September, as our home price index came in at 22, unchanged from
August, suggesting lower prices over the past month (readings below 50 point to
sequentially lower prices). Meanwhile, inventory levels edged higher according to agents, as our home listings index came in at 44, just shy of a neutral reading of 50suggesting higher inventories over the past 30 days. We remain concerned over Jacksonville’s inventory, as we think there is additional risk from shadow foreclosure inventory held by banks. Our time to sell index came in at 22, down from 25 in August, and further from a neutral reading of 50, suggesting an increased time to sell over the past month (readings
below 50).

John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com