On Thursday, November 19, the Ritz-Carlton at Amelia Island will host the 19th annual Beaujolais Nouveau Festival. Guests will celebrate the arrival of the wine, and have the opportunity to sample similar food items during the gala - which will be the first event held in our new Talbot Ballroom. The price is $89 per person and reservations can be made by calling (904) 277-1028. On The Morning Show Wednesday, Chef Brian McHugh will prepared a seared blue fin tuna with apple and horseradish.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Thursday, October 29, 2009
Wednesday, October 28, 2009
Gators & Dogs
Florida - Georgia Weekend on Amelia Island
Enjoy the football game, experience Halloween on the Island and view some property while you are in town. Search for local listings at www.nassaumls.net and the call your local Realtor - John Holbrook 904-415-0171.
Prudential Chaplin Williams Realty
Enjoy the football game, experience Halloween on the Island and view some property while you are in town. Search for local listings at www.nassaumls.net and the call your local Realtor - John Holbrook 904-415-0171.
Prudential Chaplin Williams Realty
Friday, October 23, 2009
Residence Inn - Amelia Island
I attended the grand opening of the Residence Inn on Sadler Rd in Fernandina beach last night. The Amelia Island Chamber of Commerce preformed the ribbon cutting. The event offered live music, plenty of incredible food and a tour of the rooms. The rooms were top notch with plenty of extra space. For information on the hotel go to their web site www.residenceinnameliaisland.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Wednesday, October 21, 2009
Search the local MLS
Search for homes and condos in Fernandina Beach, Yulee and Amelia Island. Great site to see properties at the Amelia Island Plantation, Summer Beach, North Hampton, Marsh Lakes, Amelia National, Flora Park, Amelia Park, Plantation Point, Harrison Cove, The Landings, RiverPlace and More!Search possibilities include new construction, resales, foreclosures and bank owned property.
www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Tuesday, October 20, 2009
Bank Owned Properties - Fernandina Beach
We continue to see good buys in the bank owned or REO (real estate owned) catergory of properties in the Amelia Island and Fernandina Beach Area. Deals of the week include:
1) An approx. 3000 sq ft home in gated neighborhood for $299,000.
2) Starter home on Island for $68,000. Needs some TLC but incredible price.
3) Just Sold - 2 vacant lots at American Beach for $40,000 each.
Call or email me for a full list of properties!
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
1) An approx. 3000 sq ft home in gated neighborhood for $299,000.
2) Starter home on Island for $68,000. Needs some TLC but incredible price.
3) Just Sold - 2 vacant lots at American Beach for $40,000 each.
Call or email me for a full list of properties!
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Conde Nest Rating
Amelia Island Florida has been named the #4 North American island in the 2009 Conde Nast Traveler's Readers' Choice Awards. This is the third consecutive year Amelia Island has been ranked in the awards' Top 10 island destinations, finishing this year ahead of Hilton Head, S.C. and Sanibel, Fla. The Ritz-Carlton, Amelia Island, a 444-room beachfront, Amelia Island resort, was also named in the awards, voted #17 among Top U.S. Mainland Resorts.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Monday, October 19, 2009
FIVE STAR: Best in Client Satisfaction Real Estate Agent Program
John Holobrook has received the 5 Star Best in Client Satisfaction Award!
This award is only given to the top 7% of Realtors who meet the selection criteria in Northeast Florida. This is the second time that Mr. Holbrook has received the award.
For each major metro market, the ratings are based on surveys sent annually to approximately 20,000 recent homebuyers and subscribers of leading city publications, and data from mortgage and title companies. Agents also receive a credential review to verify that their license is current and their record is clear of disciplinary action. Finally, agents are reviewed by a local blue ribbon panel of industry experts.
See www.fivestarprofessional.com for more info
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
This award is only given to the top 7% of Realtors who meet the selection criteria in Northeast Florida. This is the second time that Mr. Holbrook has received the award.
For each major metro market, the ratings are based on surveys sent annually to approximately 20,000 recent homebuyers and subscribers of leading city publications, and data from mortgage and title companies. Agents also receive a credential review to verify that their license is current and their record is clear of disciplinary action. Finally, agents are reviewed by a local blue ribbon panel of industry experts.
See www.fivestarprofessional.com for more info
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Tuesday, October 13, 2009
FHA Cash for Keys
FHA lenders offer cash for keys
WASHINGTON – Oct. 13, 2009 – The Federal Housing Administration (FHA) is giving struggling borrowers an opportunity to deed their property over to the lender in exchange for up to $2,000.
Under the Cash for Keys program, borrowers with FHA-backed loans who agree to a deed-in-lieu-of-foreclosure do not have to repay the mortgage.
To qualify, owners must face long-term financial hardship, put the house on the market at a fair price for at least 90 days, face no additional claims or liens other than the first mortgage on the house, and leave the property clean and in good condition.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
WASHINGTON – Oct. 13, 2009 – The Federal Housing Administration (FHA) is giving struggling borrowers an opportunity to deed their property over to the lender in exchange for up to $2,000.
Under the Cash for Keys program, borrowers with FHA-backed loans who agree to a deed-in-lieu-of-foreclosure do not have to repay the mortgage.
To qualify, owners must face long-term financial hardship, put the house on the market at a fair price for at least 90 days, face no additional claims or liens other than the first mortgage on the house, and leave the property clean and in good condition.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Amelia Island Plantation Home
Street Scene
Sreeet Scene
View of Pool Area
View from Master Bedroom
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Caravan Prudential Chaplin Williams Realty
John's Jottings
Todays carvan was 3 properties. First property was a 3 bedroom/3 bath unit at Ketch Courtyard. Located on the Ocean and near the Surf Restaurant. Available for short term rental, great balcony with ocean views, nicely decorated interior. Priced in the low $500's. Second stop was a home on Fletcher with a wonderful backyard. It was listed by John Rogers and had a pool and hot tub as well as a separate guest studio. Third stop was Oak Bluff off Citrona. Single family home with pool, 3 bedrooms, 2 baths, open floor plan, centrally located on Amelia Island.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Todays carvan was 3 properties. First property was a 3 bedroom/3 bath unit at Ketch Courtyard. Located on the Ocean and near the Surf Restaurant. Available for short term rental, great balcony with ocean views, nicely decorated interior. Priced in the low $500's. Second stop was a home on Fletcher with a wonderful backyard. It was listed by John Rogers and had a pool and hot tub as well as a separate guest studio. Third stop was Oak Bluff off Citrona. Single family home with pool, 3 bedrooms, 2 baths, open floor plan, centrally located on Amelia Island.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Preserve America
FERNANDINA BEACH, FL, OCTOBER 12, 2009: The City of Fernandina Beach has officially been designated a “Preserve America” community. Preserve America is a federal program designed to encourage and support community efforts to highlight and protect cultural and natural heritage. As a Preserve America community, Fernandina Beach is eligible for grant opportunities, and will be featured on the program’s website and in National Park Service heritage tourism publications.
First Lady Michelle Obama sent a letter of designation to Mayor Susan Steger on October 7, 2009, and a formal presentation to the City Commission will be announced upon receipt of the designation certificate. Fernandina Beach is the 18th community in Florida to receive this special designation.
For more information about Preserve America, please visit the Preserve America website at www.preserveamerica.gov or contact the Advisory Council on Historic Preservation at 202-606-8503.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
First Lady Michelle Obama sent a letter of designation to Mayor Susan Steger on October 7, 2009, and a formal presentation to the City Commission will be announced upon receipt of the designation certificate. Fernandina Beach is the 18th community in Florida to receive this special designation.
For more information about Preserve America, please visit the Preserve America website at www.preserveamerica.gov or contact the Advisory Council on Historic Preservation at 202-606-8503.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Monday, October 12, 2009
High End Foreclosures
New data suggest that foreclosures are rising in more expensive housing markets.
About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com. The bottom one-third of housing markets, by home value, now account for 35% of foreclosures, down from 55% in 2006.
The report shows that foreclosures, after declining earlier this year, began to accelerate in the late spring and that more expensive homes have more recently accounted for a growing share of all foreclosures. "The slope of that curve in recent months is much sharper than it was recently," said Stan Humphries, chief economist for Zillow. Rising foreclosures among more-expensive homes could create added pressure for a housing market that has shown signs of stabilizing in recent months as sales of lower-priced homes pick up.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com. The bottom one-third of housing markets, by home value, now account for 35% of foreclosures, down from 55% in 2006.
The report shows that foreclosures, after declining earlier this year, began to accelerate in the late spring and that more expensive homes have more recently accounted for a growing share of all foreclosures. "The slope of that curve in recent months is much sharper than it was recently," said Stan Humphries, chief economist for Zillow. Rising foreclosures among more-expensive homes could create added pressure for a housing market that has shown signs of stabilizing in recent months as sales of lower-priced homes pick up.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Thursday, October 8, 2009
Mortgage Rates
October 8, 2009, 2009
FNMA 30 Year Fixed: 4.625% FNMA 15 Year Fixed: 4.125%
USDA / FHA / VA: 5.00%
Hello Friends, I hope that you are doing well.
Have you seen rates today? WOW!! These are the best rates we’ve seen since early spring and match historical lows. Combined with the very competitive prices we are seeing on homes this is the best time to buy a home in the past 20 years.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
FNMA 30 Year Fixed: 4.625% FNMA 15 Year Fixed: 4.125%
USDA / FHA / VA: 5.00%
Hello Friends, I hope that you are doing well.
Have you seen rates today? WOW!! These are the best rates we’ve seen since early spring and match historical lows. Combined with the very competitive prices we are seeing on homes this is the best time to buy a home in the past 20 years.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Jacksonville Market update
Jacksonville, FL – Demand Fades Further as Buyers See Fewer Opportunities
(5,135 single-family permits in 2008, 18th largest market in the country)
Traffic shows further signs of deterioration as first-time buyer demand slows. Buyer
traffic worsened again in September as our traffic index slipped to 27 from 30 in August, marking a worrisome pullback to levels well below agents’ expectations over the past two months after our index reached 54 in July (any reading below 50 suggests traffic below agents’ expectations). Agents cited a variety of concerns, but the primary ones were continued concerns over the weak job market and economy, a lack of quality low-priced inventory, and perhaps most importantly an apparent slowdown in first-time buyer demand.
While some agents disagreed and noted traffic is still good on low end homes, others said buyers became less interested in September as they became more concerned that if they bought a home now they would still have trouble meeting the November 30th closing deadline to receive the tax credit. We anticipate hearing more of these anecdotes in October as the closing timeframe becomes even more compressed. Prices fall further on weaker demand. Home prices remained under pressure in September, likely as a result of the weak demand, although fewer agents noted declining prices relative to last month as our price index improved to 36 from 20 in August (readings below 50 point to lower home prices over the past 30 days). In addition, agents noted higher inventories this month after indicating declining inventory over the prior two months. Our home listings index fell to 36 from 60, with readings below 50 indicating rising inventory.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
(5,135 single-family permits in 2008, 18th largest market in the country)
Traffic shows further signs of deterioration as first-time buyer demand slows. Buyer
traffic worsened again in September as our traffic index slipped to 27 from 30 in August, marking a worrisome pullback to levels well below agents’ expectations over the past two months after our index reached 54 in July (any reading below 50 suggests traffic below agents’ expectations). Agents cited a variety of concerns, but the primary ones were continued concerns over the weak job market and economy, a lack of quality low-priced inventory, and perhaps most importantly an apparent slowdown in first-time buyer demand.
While some agents disagreed and noted traffic is still good on low end homes, others said buyers became less interested in September as they became more concerned that if they bought a home now they would still have trouble meeting the November 30th closing deadline to receive the tax credit. We anticipate hearing more of these anecdotes in October as the closing timeframe becomes even more compressed. Prices fall further on weaker demand. Home prices remained under pressure in September, likely as a result of the weak demand, although fewer agents noted declining prices relative to last month as our price index improved to 36 from 20 in August (readings below 50 point to lower home prices over the past 30 days). In addition, agents noted higher inventories this month after indicating declining inventory over the prior two months. Our home listings index fell to 36 from 60, with readings below 50 indicating rising inventory.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Tuesday, October 6, 2009
Search for Homes on Amelia Island
Click here to Search the Local MLS
www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Builder Incentives
Builders cut back on incentives
WASHINGTON – Oct. 6, 2009 – Home builders are cutting back on the freebies they’ve been tacking on new homes for the last couple of years to woo buyers.
The reason is simple: Demand is almost back in sync with supply. According to Jeffrey Laverty, analyst with research firm Oscar Gruss & Son, new-home inventory has declined from 12.4 months in January to 7.3 in August, close to the six-month mark considered standard.
While eliminating incentives like free cars and free pools, some builders are continuing to offer to pay points on mortgages and discounts on upgrades – “Incentives that make sense,” says Laura VanVelthoven, Hovnanian’s corporate vice president of marketing and sales.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
WASHINGTON – Oct. 6, 2009 – Home builders are cutting back on the freebies they’ve been tacking on new homes for the last couple of years to woo buyers.
The reason is simple: Demand is almost back in sync with supply. According to Jeffrey Laverty, analyst with research firm Oscar Gruss & Son, new-home inventory has declined from 12.4 months in January to 7.3 in August, close to the six-month mark considered standard.
While eliminating incentives like free cars and free pools, some builders are continuing to offer to pay points on mortgages and discounts on upgrades – “Incentives that make sense,” says Laura VanVelthoven, Hovnanian’s corporate vice president of marketing and sales.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Spring 2010 Golf Coference
NewswireToday - /newswire/ - San Diego, CA, United States, 10/05/2009 - “We are thrilled with the response and the continued commitment from our core attendees — golf course owners, developers and management company executives".
The Golf Inc. Conference, which recently wrapped up its three-day fall event at the La Quinta Resort, once again earned high marks from attendees.
A survey of those taking part in the conference showed that more than 96 percent of those attending said they would recommend future conferences to their peers and colleagues.
“We are thrilled with the response and the continued commitment from our core attendees — golf course owners, developers and management company executives,” said Jack Crittenden, president of Golf Inc. “Our attendance numbers were down, as expected because of the economy. But, quality stayed very high and the attendee survey shows attendees were very pleased overall.”
More than 350 people registered for the Sept. 14-16 event. Of those attending, 92 percent rated the conference as “good” or better.
The Spring 2010 Golf Inc. Conference (golfincmagazine.com) will be held April 12-14 at Amelia Island Plantation in Amelia Island, Fla. This will be the second Golf Inc. Conference at the resort, with the 2007 event receiving rave reviews from attendees and exhibitors.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
The Golf Inc. Conference, which recently wrapped up its three-day fall event at the La Quinta Resort, once again earned high marks from attendees.
A survey of those taking part in the conference showed that more than 96 percent of those attending said they would recommend future conferences to their peers and colleagues.
“We are thrilled with the response and the continued commitment from our core attendees — golf course owners, developers and management company executives,” said Jack Crittenden, president of Golf Inc. “Our attendance numbers were down, as expected because of the economy. But, quality stayed very high and the attendee survey shows attendees were very pleased overall.”
More than 350 people registered for the Sept. 14-16 event. Of those attending, 92 percent rated the conference as “good” or better.
The Spring 2010 Golf Inc. Conference (golfincmagazine.com) will be held April 12-14 at Amelia Island Plantation in Amelia Island, Fla. This will be the second Golf Inc. Conference at the resort, with the 2007 event receiving rave reviews from attendees and exhibitors.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Monday, October 5, 2009
Amelia Chamber Event
Pictures from the Chamber Event at the Golf Club of Amelia Island and hosted by Nitelights.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Fernandina Real Estate Reports
Looking for a statistical report on market conditions and pricing in the Fernandina Beach, Florida area over the last 30 days? Just send me an email and I will send you out a copy of everything in the MLS that has sold, been listed or under contract. You custom pick the report and I will email it out to you.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Addison Inn
Places to Stay - Addison Inn - Amelia Island!
Listed below are some Best of BedandBreakfast.com Award winners. For a complete list of winners, including regional, Canadian and international awards, visit http://ping.fm/vLEFp and click on the WINNERS 2009-2010 badge on the left. The Best of BedandBreakfast.com Award winners are not ranked numerically and are listed alphabetically by state or country within each category. Theme categories reflect prevalent comments from each winner's reviews.
Top 10 Overall in the United States
The J. Patrick House, Cambria, CA
Napa Old World Inn, Napa, CA
Addison on Amelia, Fernandina Beach, FL
Americus Garden Inn, Americus, GA
The Queen Anne B&B, Natchitoches, LA
Sobotta Manor Bed and Breakfast, Mount Airy, NC
Pilot Knob B&B, Pilot Mountain, NC
Barn Inn, Millersburg, OH
Inn Above Onion Creek, Kyle, TX
Rabbit Hill Inn, Lower Waterford, VT
John Holbrook - Realtor
Amelia Island, FL 32034
904-415-0171
Listed below are some Best of BedandBreakfast.com Award winners. For a complete list of winners, including regional, Canadian and international awards, visit http://ping.fm/vLEFp and click on the WINNERS 2009-2010 badge on the left. The Best of BedandBreakfast.com Award winners are not ranked numerically and are listed alphabetically by state or country within each category. Theme categories reflect prevalent comments from each winner's reviews.
Top 10 Overall in the United States
The J. Patrick House, Cambria, CA
Napa Old World Inn, Napa, CA
Addison on Amelia, Fernandina Beach, FL
Americus Garden Inn, Americus, GA
The Queen Anne B&B, Natchitoches, LA
Sobotta Manor Bed and Breakfast, Mount Airy, NC
Pilot Knob B&B, Pilot Mountain, NC
Barn Inn, Millersburg, OH
Inn Above Onion Creek, Kyle, TX
Rabbit Hill Inn, Lower Waterford, VT
John Holbrook - Realtor
Amelia Island, FL 32034
904-415-0171
Thursday, October 1, 2009
Jacksonville Real Estate
Bank-Owned, Short Sales Bolster Gains
While Jacksonville home sales have been back on the rise this year, new data suggests that almost 50 percent were bank-owned foreclosure sales or short sales, in which the properties were sold for less than their owners owed on their mortgages. Jacksonville-based Lender Processing Services Inc. released data earlier this month showing the impact of bank-owned sales - commonly referred to as real-estate owned or REO sales - on overall sales in each state. Florida's percentage was 35 percent, in line with Duval County, which was 37 percent.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
While Jacksonville home sales have been back on the rise this year, new data suggests that almost 50 percent were bank-owned foreclosure sales or short sales, in which the properties were sold for less than their owners owed on their mortgages. Jacksonville-based Lender Processing Services Inc. released data earlier this month showing the impact of bank-owned sales - commonly referred to as real-estate owned or REO sales - on overall sales in each state. Florida's percentage was 35 percent, in line with Duval County, which was 37 percent.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, Florida
Cell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
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