Hello,
Nassau County Florida, more specifically Fernandina Beach and Amelia Island have quickly become a featured stop for people who are looking to relocate to Northeast Florida. If you are searching for a home, condo or vacant lot in the area, here are a couple of quick reference sites that I refer clients to who are looking for additional information.
Nassau County MLS – Search all MLS properties on one site.
www.ameliaislandsearch.com
Read the Community Paper on-line.
www.fbnewsleader.com
Current events and activities presented by the Chamber of Commerce.
www.islandchamber.com
If I can be of any more assistance (area maps, real estate listings, local knowledge etc.) please let me know and thanks for visiting our web site.
John Holbrook - Realtor
Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee, Hilliard & Callahan
Cell 904-415-0171
Email holbrook66@msn.com
www.johnholbrook.blogspot.com
Amelia Island, Fernandina Beach, & Yulee Florida
Search the local MLS at 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
Tuesday, November 9, 2010
Monday, November 8, 2010
Jacksonville Housing Market
Price fall sharply and time to sell increases. Agents suggested that prices fell again in October, as our home price index fell to 9 from 22 in September (readings below 50 point to lower prices over the past month). This marks the lowest reading for Jacksonville since May ’09. Meanwhile, our home listings index fell to 32 from 44in September, suggestinghigher inventories over the past month (readings below 50 point to higher inventory levels).
In addition, our time to sell index fell to 18 from 22 in September, suggesting an increased time to sell over the past month (readings below 50 point to an increased time to sell).
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
In addition, our time to sell index fell to 18 from 22 in September, suggesting an increased time to sell over the past month (readings below 50 point to an increased time to sell).
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Friday, November 5, 2010
95269 SHELL MIDDEN LANE, FERNANDINA BEACH
Listing provided by cooperating broker
95269 SHELL MIDDEN LANE
$1,300,000
Fernandina Beach, FL 32034
3 Bedrooms | 4 Baths | 3461 Sq. Feet.
Year Built: 2007
Lot size is 0.97 acres
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
95269 SHELL MIDDEN LANE
$1,300,000
Fernandina Beach, FL 32034
3 Bedrooms | 4 Baths | 3461 Sq. Feet.
Year Built: 2007
Lot size is 0.97 acres
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Thursday, November 4, 2010
Amelia Island Top 10
Amelia Island Voted as a Top 10 North American Island for Four Consecutive Years
AMELIA ISLAND, Fla. (November 3, 2010) – Amelia Island, Florida has been named the #5
North American island in the 2010 Conde Nast Traveler’s Readers’ Choice Awards. This is the fourth consecutive year Amelia Island has been ranked in the awards’ Top 10 island destinations, finishing this year ahead of Hilton Head, S.C. and St. Simons, Ga. The Ritz-Carlton, Amelia Island, a 444-room Amelia Island resort, was also named in the awards, voted #24 among Top U.S. Mainland Resorts.
“We are excited to have Amelia Island included in the top 10 North American Islands for four consecutive years,” said Gil Langley, President of the Amelia Island Convention and Visitors Bureau. “We work diligently to make sure we meet visitors’ expectations and are thrilled the readers of Conde Nast Traveler are endorsing the destination.”
Readers in the survey evaluated their favorite island destinations on activities, atmosphere/ambience, beaches, friendliness, lodging, restaurants, and scenery. Out of a possible 100 points, Amelia Island, Fla. scored a 77.4. The top resorts category rated properties based on food/dining, location, overall design, rooms, service, activities and facilities.
The awards are based on the results of the Readers’ Choice Survey, in which more than 25,000 travelers voted this year. Winners will be published in the November issue.
-Amelia Island Convention & Visitors Bureau-
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
AMELIA ISLAND, Fla. (November 3, 2010) – Amelia Island, Florida has been named the #5
North American island in the 2010 Conde Nast Traveler’s Readers’ Choice Awards. This is the fourth consecutive year Amelia Island has been ranked in the awards’ Top 10 island destinations, finishing this year ahead of Hilton Head, S.C. and St. Simons, Ga. The Ritz-Carlton, Amelia Island, a 444-room Amelia Island resort, was also named in the awards, voted #24 among Top U.S. Mainland Resorts.
“We are excited to have Amelia Island included in the top 10 North American Islands for four consecutive years,” said Gil Langley, President of the Amelia Island Convention and Visitors Bureau. “We work diligently to make sure we meet visitors’ expectations and are thrilled the readers of Conde Nast Traveler are endorsing the destination.”
Readers in the survey evaluated their favorite island destinations on activities, atmosphere/ambience, beaches, friendliness, lodging, restaurants, and scenery. Out of a possible 100 points, Amelia Island, Fla. scored a 77.4. The top resorts category rated properties based on food/dining, location, overall design, rooms, service, activities and facilities.
The awards are based on the results of the Readers’ Choice Survey, in which more than 25,000 travelers voted this year. Winners will be published in the November issue.
-Amelia Island Convention & Visitors Bureau-
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Omni Amelia Island Tennis
The 2nd Annual Men’s Pro-Tennis Championships at Omni Amelia Island Plantation will begin play this week. Watch the future men's tennis champions compete and get in the swing of things to prepare for a career on the professional tour. Competition and level of play is expected to be fierce.
Details: Ravenswood Winery Amelia Island Futures Championships, a $10,000 USTA Pro Circuit Men’s tennis event is scheduled for Friday November 12th through Sunday November 21st.
The Omni Amelia Island Plantation once again will serve as host courts for this tournament to be played at the Racquet Park on the Plantation off A1A.
Qualifying Matches are Friday, Nov 12th - Sunday, Nov 14th
Main Draw Matches are Monday, Nov 15th - Sunday, Nov 21st
Tickets are free from Friday, Nov 12 - Friday, Nov. 19
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Details: Ravenswood Winery Amelia Island Futures Championships, a $10,000 USTA Pro Circuit Men’s tennis event is scheduled for Friday November 12th through Sunday November 21st.
The Omni Amelia Island Plantation once again will serve as host courts for this tournament to be played at the Racquet Park on the Plantation off A1A.
Qualifying Matches are Friday, Nov 12th - Sunday, Nov 14th
Main Draw Matches are Monday, Nov 15th - Sunday, Nov 21st
Tickets are free from Friday, Nov 12 - Friday, Nov. 19
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Amelia Island Retirement Home
Time is right to buy a retirement home
LOS ANGELES – Nov. 4, 2010 – Money Magazine is urging people a few years from retirement who plan to move when they quit work to consider buying now while home prices and mortgage rates are low.
Buyers who intend to use the place as a second home will pay the same rate as they would pay for a primary residence. If they intend to rent the property out until they retire and they need the rental income to qualify for the mortgage, lenders will consider that an investment property and charge a half to a full percentage point more.
Still, the idea remains “pretty compelling,” says Justin Krane, a certified financial planner in Los Angeles.
Source: Money Magazine, Sarah Max (11/02/2010)
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
LOS ANGELES – Nov. 4, 2010 – Money Magazine is urging people a few years from retirement who plan to move when they quit work to consider buying now while home prices and mortgage rates are low.
Buyers who intend to use the place as a second home will pay the same rate as they would pay for a primary residence. If they intend to rent the property out until they retire and they need the rental income to qualify for the mortgage, lenders will consider that an investment property and charge a half to a full percentage point more.
Still, the idea remains “pretty compelling,” says Justin Krane, a certified financial planner in Los Angeles.
Source: Money Magazine, Sarah Max (11/02/2010)
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Tuesday, November 2, 2010
Amelia Island Economic Influences
UF: Election and unemployment add to fears for real estate
GAINESVILLE, Fla. – Nov. 2, 2010 – Uncertainty persists in Florida’s real estate markets, aggravated by the state’s high jobless rate and fears about today’s election, a new University of Florida survey finds.
“While investment in real estate continues to flow into Florida, there is a tremendous amount of apprehension in the market due to government and economic forces,” says Timothy Becker, director of UF’s Bergstrom Center for Real Estate Studies, which issued its quarterly survey this week.
The survey is the most extensive of Florida professional real estate analysts and investors conducted on an ongoing basis. The total number of participants in the current survey is 266, who represent 13 urban regions of the state and up to 15 property types.
The state’s high unemployment continues to limit real estate growth, Becker says. The joblessness rate reached 11.9 percent in September compared with 9.6 percent nationally.
Most respondent concerns about the midterm election relate to the economy. “The results will affect Congress’ decision whether to extend the Bush-era tax cuts or let them expire, government spending and a host of other issues that currently prevent companies from hiring and expanding,” Becker says.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Search the mls at www.ameliaislandsearch.com
GAINESVILLE, Fla. – Nov. 2, 2010 – Uncertainty persists in Florida’s real estate markets, aggravated by the state’s high jobless rate and fears about today’s election, a new University of Florida survey finds.
“While investment in real estate continues to flow into Florida, there is a tremendous amount of apprehension in the market due to government and economic forces,” says Timothy Becker, director of UF’s Bergstrom Center for Real Estate Studies, which issued its quarterly survey this week.
The survey is the most extensive of Florida professional real estate analysts and investors conducted on an ongoing basis. The total number of participants in the current survey is 266, who represent 13 urban regions of the state and up to 15 property types.
The state’s high unemployment continues to limit real estate growth, Becker says. The joblessness rate reached 11.9 percent in September compared with 9.6 percent nationally.
Most respondent concerns about the midterm election relate to the economy. “The results will affect Congress’ decision whether to extend the Bush-era tax cuts or let them expire, government spending and a host of other issues that currently prevent companies from hiring and expanding,” Becker says.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Search the mls at www.ameliaislandsearch.com
Monday, November 1, 2010
Amelia Island, Middle East Buyers
Florida is hot attraction for Middle East buyers
WASHINGTON – Nov. 1, 2010 – The National Association of Realtors (NAR) says Middle Eastern and African investors have spent almost $1 billion on properties in Florida in recent years.
Home price deterioration has made property purchases in Florida tourist areas more affordable to overseas property shoppers, with a median price of $219,400.
According to Fine and Country CEO Omer Ghani, “Low prices combined with the fact that Florida has historically had one of the highest in-migration rates among all the U.S. states and one of the highest population growth rates, makes it the most favored destination for foreign buyers.”
Tight credit and high unemployment rates mean investors have plenty of properties from which to choose.
Source: Gulf News (United Arab Emirates) (10/29/10) Nair, Manoj
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
WASHINGTON – Nov. 1, 2010 – The National Association of Realtors (NAR) says Middle Eastern and African investors have spent almost $1 billion on properties in Florida in recent years.
Home price deterioration has made property purchases in Florida tourist areas more affordable to overseas property shoppers, with a median price of $219,400.
According to Fine and Country CEO Omer Ghani, “Low prices combined with the fact that Florida has historically had one of the highest in-migration rates among all the U.S. states and one of the highest population growth rates, makes it the most favored destination for foreign buyers.”
Tight credit and high unemployment rates mean investors have plenty of properties from which to choose.
Source: Gulf News (United Arab Emirates) (10/29/10) Nair, Manoj
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Thursday, October 28, 2010
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
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
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
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
Subscribe to:
Posts (Atom)