North Hampton with Golf Course Views.
86511 EASTPORT DRIVE Fernandina Beach, FL 32034 Hot Off The MLS!
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.jholbrook.ameliaislandrealestatelistings.com
Wednesday, August 24, 2011
85586 BOSTICK WOOD DRIVE Fernandina Beach, FL 32034 Hot Off The MLS!
North Hampton Custom Home By Brylen
85586 BOSTICK WOOD DRIVE Fernandina Beach, FL 32034 Hot Off The MLS!
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.jholbrook.ameliaislandrealestatelistings.com
85586 BOSTICK WOOD DRIVE Fernandina Beach, FL 32034 Hot Off The MLS!
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.jholbrook.ameliaislandrealestatelistings.com
Amelia National Home for Sale
$349,900 New Home at Amelia National
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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.jholbrook.ameliaislandrealestatelistings.com
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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.jholbrook.ameliaislandrealestatelistings.com
2815 PARK SQUARE PLACE Fernandina Beach/Amelia Island, FL 32034 Hot Off The MLS!
$369,900 Egan's Bluff, Amelia Island, Close to Beach.
2815 PARK SQUARE PLACE Fernandina Beach/Amelia Island, FL 32034 Hot Off The MLS!
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.jholbrook.ameliaislandrealestatelistings.com
2815 PARK SQUARE PLACE Fernandina Beach/Amelia Island, FL 32034 Hot Off The MLS!
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.jholbrook.ameliaislandrealestatelistings.com
95006 LANTANA COURT Fernandina Beach, FL 32034 Hot Off The MLS!
$429,000. Amelia National Golf Community
95006 LANTANA COURT Fernandina Beach, FL 32034 Hot Off The MLS!
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
95006 LANTANA COURT Fernandina Beach, FL 32034 Hot Off The MLS!
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
1396 MISSION SAN CARLOS D Fernandina Beach/Amelia Island, FL 32034 Hot Off The MLS!
1396 MISSION SAN CARLOS D Fernandina Beach/Amelia Island, FL 32034 Hot Off The MLS!
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Shadow Inventory Florida
One of the biggest challenges to the housing industry throughout the rest of the year will be the increase in discounted properties coming unto the market. There is a glut of foreclosures that have been delayed by the court systems in many states while paperwork was corrected. The banks are rectifying their paperwork and processes. Now, more and more states are clearing the way for the banks to resume repossessing these properties.
As these properties find their way to the market, the prices of non-distressed properties in the region will be adversely impacted for two reasons.
There are a finite number of homebuyers in any market. A portion of these buyers will purchase the distressed properties new to the market because they can get them at discounted prices.
As these distressed properties sell, they will become comparable sales used by appraisers to establish value on all homes (both distressed and non-distressed) sold in the future. Since these properties are sold at a discount, they will have a negative impact on other valuations.
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.jholbrook.ameliaislandrealestatelistings.com
As these properties find their way to the market, the prices of non-distressed properties in the region will be adversely impacted for two reasons.
There are a finite number of homebuyers in any market. A portion of these buyers will purchase the distressed properties new to the market because they can get them at discounted prices.
As these distressed properties sell, they will become comparable sales used by appraisers to establish value on all homes (both distressed and non-distressed) sold in the future. Since these properties are sold at a discount, they will have a negative impact on other valuations.
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.jholbrook.ameliaislandrealestatelistings.com
Tuesday, August 23, 2011
July Home Sales - Florida
ORLANDO, Fla. – Aug. 18, 2011 – Florida’s existing home and existing condo sales rose in July, according to the latest housing data released by Florida Realtors®. Existing home sales increased 12 percent last month with a total of 15,517 homes sold statewide compared to 13,874 homes sold in July 2010, according to Florida Realtors. Statewide sales of existing condos last month also rose 12 percent compared to the year-ago sales figure.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
July Home Sales
Palm Coast, FL – August 23, 2011 – Sales of new single-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.7 percent (±12.9%)* below the revised June rate of 300,000, but is 6.8 percent (±13.5%)* above the July 2010 estimate of 279,000.
The median sales price of new houses sold in July 2011 was $222,000; the average sales price was $272,300. The seasonally adjusted estimate of new houses for sale at the end of July was 165,000. This represents a supply of 6.6 months at the current sales rate.
New home sales and new home construction are being held back by overly strict lending and appraisal standards than by an underlying weakness in demand, according to builders with whom GoToby.com has spoken. New home sales in 2012 are likely to come in at less than half the 700,000 units many economists peg as a normal level.
The National Association of Homebuilders estimates that the construction of each new home creates three new jobs and $90,000 in new taxes.
The dearth of new housing starts magnifies the effect of a steadily decreasing inventory of existing homes for sale.
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.jholbrook.ameliaislandrealestatelistings.com
Thursday, August 11, 2011
Amelia Island Barbeque
Hotels offer specials tied to Tailgate Cook-off in Amelia Island
Festivals — posted by jimabbott on August, 4 2011 3:13 PM
Discuss This: Comments(0) | Add to del.icio.us | Digg it There will be special rates and hotel packages for the upcoming Great Southern Tailgate Cook-off, August 26-27, in Amelia Island, near the Georgia line on Florida’s East Coast.
Held at Main Beach on Amelia Island, the Second Annual Great Southern Tailgate Cook-off starts at 3 p.m. on Friday, Aug. 26, and 10 a.m. on Saturday, Aug. 27, and features more than 50 professional and backyard (amateur) teams. The Great Southern Tailgate Cook-off is a Kansas City Barbeque Society sanctioned event and is designed as a fundraiser with the Gator Bowl Association.
The following accommodators are offering discounts for the Great Southern Tailgate Cook-off**:
• Addison on Amelia, AddisonOnAmelia.com, offers a free night on reservations of four nights or more. Individuals who cannot stay the full four nights can take advantage of their Weekends For Weekdays special rates during the Great Southern Tailgate Cook-off, saving $80 on a Friday and Saturday night visit.
• Amelia Island Hampton Inn at the Beach, ameliaislandhamptoninn.com, is offering a $99 rate for a double room, plus tax, during the cook-off.
• Amelia Hotel at the Beach, ameliahotel.com, is offering standard rooms (king or double) for $89 per night, August 25 through 28. The rate is only available through phone reservations and includes free parking, free Hot & Healthy breakfast daily, an afternoon warm cookie service and the new “Lobby Lounge” featuring a variety of beverages. Make sure to use rate code COOK when booking the deal.
• Elizabeth Pointe Lodge, elizabethpointelodge.com, is walking distance from the event and offers a Second Annual Great Southern Tailgate Cook-off Package starting at $532. The package includes a king bed, sunset guest room for two nights, bike rental for two, hors d’oeuvres reception each evening, complete breakfast each morning, newspaper, Wi-Fi, beach equipment, and parking.
• ERA Fernandina Beach Realty, ameliavacations.com, will be offering a 20 percent discount on accommodations for the Cook-off. The discount is valid at all ERA locations, except Beachside Motel. Rates for an oceanfront condo start at $156 per night.
• Fairbanks House, fairbankshouse.com, is offering a bottle of Roasted Raspberry Chipotle Sauce and a bag of Southern Slush Mix to guests staying three or more nights for the Cook-off. Guests will also be treated to gourmet breakfasts and evening social hours with adult beverages and hors d’oeuvres – everything food fans need to complete their weekend of culinary delights. This offer is available for new bookings only, and one offer per room. Please mention code STC11 when making your reservation.
• Harbor Front Hampton Inn and Suites, hamptoninnandsuitesameliaisland.com, includes rates starting at $99 per night for a standard room and $129 for a suite.
• Omni Amelia Island Plantation, omniameliaislandplantation.com, features rates starting at $109 per night for an ocean view room on August 26 and 27. The stay must be booked using code GSTC1.
• Residence Inn, Amelia Island, residenceinnameliaisland.com, is the official host hotel of the Great Southern Tailgate Cook-off and offers rates starting at $109 per night. Must mention Tailgate Cook-off to get the rate.
BBQ lovers will be able to enjoy free entertainment throughout the two-day event, with performances by the popular, all-women country and rhythm and blues band Mustang Sally, and high energy, blues-rock band Wet Willie featuring Jimmy Hall, known for their Top 10 hit Keep On Smilin’. Additional regional bands will also perform during the cook-off.
New in 2011, the cook-off will feature an arts and crafts area, remote control car demonstrations by Amelia Island RC, and a beach volleyball tournament. For more information about the Great Southern Tailgate Cook-off, entertainment lineup and each of the accommodations offering discounts, visit www.gstailgatecookoff.com.
Sponsors for the Great Southern Tailgate Cook-off include Florida Public Utilities (Spotlight), Amelia Island Remote Control (Platinum; Official Stage Sponsor), Residence Inn Amelia Island (Platinum; Official Host Hotel), City of Fernandina Beach (Gold), Fernandina Beach News-Leader (Gold; Official Local Media Sponsor), Dana’s Limousine Service (Gold; Official Transportation Provider), and Tailgator Monthly Magazine (Gold), among several others.
-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
Festivals — posted by jimabbott on August, 4 2011 3:13 PM
Discuss This: Comments(0) | Add to del.icio.us | Digg it There will be special rates and hotel packages for the upcoming Great Southern Tailgate Cook-off, August 26-27, in Amelia Island, near the Georgia line on Florida’s East Coast.
Held at Main Beach on Amelia Island, the Second Annual Great Southern Tailgate Cook-off starts at 3 p.m. on Friday, Aug. 26, and 10 a.m. on Saturday, Aug. 27, and features more than 50 professional and backyard (amateur) teams. The Great Southern Tailgate Cook-off is a Kansas City Barbeque Society sanctioned event and is designed as a fundraiser with the Gator Bowl Association.
The following accommodators are offering discounts for the Great Southern Tailgate Cook-off**:
• Addison on Amelia, AddisonOnAmelia.com, offers a free night on reservations of four nights or more. Individuals who cannot stay the full four nights can take advantage of their Weekends For Weekdays special rates during the Great Southern Tailgate Cook-off, saving $80 on a Friday and Saturday night visit.
• Amelia Island Hampton Inn at the Beach, ameliaislandhamptoninn.com, is offering a $99 rate for a double room, plus tax, during the cook-off.
• Amelia Hotel at the Beach, ameliahotel.com, is offering standard rooms (king or double) for $89 per night, August 25 through 28. The rate is only available through phone reservations and includes free parking, free Hot & Healthy breakfast daily, an afternoon warm cookie service and the new “Lobby Lounge” featuring a variety of beverages. Make sure to use rate code COOK when booking the deal.
• Elizabeth Pointe Lodge, elizabethpointelodge.com, is walking distance from the event and offers a Second Annual Great Southern Tailgate Cook-off Package starting at $532. The package includes a king bed, sunset guest room for two nights, bike rental for two, hors d’oeuvres reception each evening, complete breakfast each morning, newspaper, Wi-Fi, beach equipment, and parking.
• ERA Fernandina Beach Realty, ameliavacations.com, will be offering a 20 percent discount on accommodations for the Cook-off. The discount is valid at all ERA locations, except Beachside Motel. Rates for an oceanfront condo start at $156 per night.
• Fairbanks House, fairbankshouse.com, is offering a bottle of Roasted Raspberry Chipotle Sauce and a bag of Southern Slush Mix to guests staying three or more nights for the Cook-off. Guests will also be treated to gourmet breakfasts and evening social hours with adult beverages and hors d’oeuvres – everything food fans need to complete their weekend of culinary delights. This offer is available for new bookings only, and one offer per room. Please mention code STC11 when making your reservation.
• Harbor Front Hampton Inn and Suites, hamptoninnandsuitesameliaisland.com, includes rates starting at $99 per night for a standard room and $129 for a suite.
• Omni Amelia Island Plantation, omniameliaislandplantation.com, features rates starting at $109 per night for an ocean view room on August 26 and 27. The stay must be booked using code GSTC1.
• Residence Inn, Amelia Island, residenceinnameliaisland.com, is the official host hotel of the Great Southern Tailgate Cook-off and offers rates starting at $109 per night. Must mention Tailgate Cook-off to get the rate.
BBQ lovers will be able to enjoy free entertainment throughout the two-day event, with performances by the popular, all-women country and rhythm and blues band Mustang Sally, and high energy, blues-rock band Wet Willie featuring Jimmy Hall, known for their Top 10 hit Keep On Smilin’. Additional regional bands will also perform during the cook-off.
New in 2011, the cook-off will feature an arts and crafts area, remote control car demonstrations by Amelia Island RC, and a beach volleyball tournament. For more information about the Great Southern Tailgate Cook-off, entertainment lineup and each of the accommodations offering discounts, visit www.gstailgatecookoff.com.
Sponsors for the Great Southern Tailgate Cook-off include Florida Public Utilities (Spotlight), Amelia Island Remote Control (Platinum; Official Stage Sponsor), Residence Inn Amelia Island (Platinum; Official Host Hotel), City of Fernandina Beach (Gold), Fernandina Beach News-Leader (Gold; Official Local Media Sponsor), Dana’s Limousine Service (Gold; Official Transportation Provider), and Tailgator Monthly Magazine (Gold), among several others.
-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
Tuesday, August 9, 2011
Northeast Florida Housing Report.
Jacksonville, FL – Attractive Pricing Makes the Wheels Start Turning Again(3,381 single-family permits in 2010, 26th largest market in the country)
Traffic improves as low prices lure buyers. Buyer traffic bounced back modestly in July after falling sharply in June, as our traffic index increased to 42 from 37. This is still modestly below agents’ expectations (as measured by a reading of 50), but points to sequential improvement and suggests that buyers in Jacksonville may have just needed a breather in June after a solid spring (June was the first time in 7 months that traffic failed to meet expectations in our survey). Comments about the attractive pricing and affordability were abundant once again, although agents also mentioned that demand has begun to broaden out beyond just the low end. According to one agent, “More people are looking in all price ranges. Especially in higher end homes, there are many more cash buyers.” Another agent commented, “Prices are low, inventory is low, spurring buyers to make a decision; fewer choices make deciding easier.”
Prices fall as sellers work to spur demand. Not surprisingly, home prices fell again in July, consistent with agent commentary that lower prices were responsible for the uptick in demand. Our home price index fell to 25 in July from 43 in June, well below a neutral reading of 50 (readings below 50 point to sequentially lower prices). We expect further declines, as sellers recognize that buyers remain price sensitive. Inventory levels at least declined in July, as our home listings index improved to 58 from 54 in June, above a neutral reading of 50. However, our time to sell index still indicated a longer time needed to sell a home, dropping to 21 in July from 36 in June (readings below 50 point to a longer time to sell).
This bears watching, as an increased time to sell is typically a negative
indicator for future pricing trends.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Traffic improves as low prices lure buyers. Buyer traffic bounced back modestly in July after falling sharply in June, as our traffic index increased to 42 from 37. This is still modestly below agents’ expectations (as measured by a reading of 50), but points to sequential improvement and suggests that buyers in Jacksonville may have just needed a breather in June after a solid spring (June was the first time in 7 months that traffic failed to meet expectations in our survey). Comments about the attractive pricing and affordability were abundant once again, although agents also mentioned that demand has begun to broaden out beyond just the low end. According to one agent, “More people are looking in all price ranges. Especially in higher end homes, there are many more cash buyers.” Another agent commented, “Prices are low, inventory is low, spurring buyers to make a decision; fewer choices make deciding easier.”
Prices fall as sellers work to spur demand. Not surprisingly, home prices fell again in July, consistent with agent commentary that lower prices were responsible for the uptick in demand. Our home price index fell to 25 in July from 43 in June, well below a neutral reading of 50 (readings below 50 point to sequentially lower prices). We expect further declines, as sellers recognize that buyers remain price sensitive. Inventory levels at least declined in July, as our home listings index improved to 58 from 54 in June, above a neutral reading of 50. However, our time to sell index still indicated a longer time needed to sell a home, dropping to 21 in July from 36 in June (readings below 50 point to a longer time to sell).
This bears watching, as an increased time to sell is typically a negative
indicator for future pricing trends.
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 Concourse - DR Horton
• New close to Amelia Island & Fernandina Beach homes in Nassau County !
• Amenity center and community pool
• Highly rated Nassau County schools
The new home community of Amelia Concourse is located in fast-growing Nassau County. Just minutes to schools and shopping, Amelia Concourse features affordable and luxurious single family homes. Located just minutes from historic Amelia Island. The beautiful community recreational center featuring three pools, one for the tots, one for the kids with water park slides and sprays and a large family pool for everyone who enjoys lounging by water and the clubhouse. Amelia Concourse is a charming community of single family homes. This new home community offers everything for your family to enjoy. Come visit Amelia Concourse, the newest and exclusive in new home communities offered by D.R. Horton and discover why these are truly unique new homes close to Jacksonville, Florida.
For more information about the new home community of Amelia Concourse,
contact John Holbrook at 904-415-0171.
Prices listed may not reflect elevation shown.
Individual home site premiums are not reflected and may range from no premium to $7,900.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
• Amenity center and community pool
• Highly rated Nassau County schools
The new home community of Amelia Concourse is located in fast-growing Nassau County. Just minutes to schools and shopping, Amelia Concourse features affordable and luxurious single family homes. Located just minutes from historic Amelia Island. The beautiful community recreational center featuring three pools, one for the tots, one for the kids with water park slides and sprays and a large family pool for everyone who enjoys lounging by water and the clubhouse. Amelia Concourse is a charming community of single family homes. This new home community offers everything for your family to enjoy. Come visit Amelia Concourse, the newest and exclusive in new home communities offered by D.R. Horton and discover why these are truly unique new homes close to Jacksonville, Florida.
For more information about the new home community of Amelia Concourse,
contact John Holbrook at 904-415-0171.
Prices listed may not reflect elevation shown.
Individual home site premiums are not reflected and may range from no premium to $7,900.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
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