The following properties have just been added or revised. Please review them and contact me if you desire more information.
Activity Mls# Address Price
Price Reduced 51722 22&23 S 7TH STREET 29,500
Price Reduced 51723 24&25 S 7TH STREET 29,500
Price Reduced 51455 96092 BOARDWALK LANDING 159,900
New 54555 95023 PERIWINKLE PLACE 175,950
Price Reduced 52785 3318 FAIRWAY OAKS VILLAS 215,000
Pending 54206 1204 CAPE SOUND 239,900
Pending 54208 1304 CAPE SOUND 269,900
Pending 51265 4-A HARRISON COVE VILLAS 279,900
Withdrawn 53371 85447 SAGAPONACK DRIVE 299,900
Expired 53497 29 BEACH WOOD ROAD 318,000
Pending 52499 LOT 73 SPINNAKER DRIVE 325,000
Price Reduced 54352 1581 PARK AVENUE 400,000
Price Reduced 54351 2792 OCEAN OAKS 419,000
Back on market 53418 LOT 7 FIRST COAST HIGHWAY 495,000
New 54556 4700 RIGGING WAY 595,000
Sold 51280 5036 OUTRIGGER VILLAS 665,000
Expired 53498 L13/14 LONG POINT DRIVE 829,000
Temp off market54313 1101 CARLTON DUNES 1,499,000
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Monday, February 28, 2011
Friday, February 25, 2011
10 reasons why people decide to buy a home versus renting.
1. They Want to Build Equity
Homebuyers build equity as their property increases in value over time. This equity has many benefits, including the ability of a homebuyer to leverage equity in lines of credit to make repairs or additions to their home. Equity is a powerful thing and a natural consequence of home ownership. Renters never gain equity in their rental space, and at the end of their lease they are thrown out on the street with nothing to show for years of on time rental payments.
2. They Don’t Want to Throw Their Money Away
Without equity, what does paying your rent on time gain you every month? The truth is that paying rent guarantees a roof over your head for about 30 days and nothing more. In that sense, renting is like an extended stay hotel in that at the end of your rental period or lease you have nothing to show for the money you’ve paid. This makes renting a terrible investment when compared to home buying.
3. They Want More Space
It’s incredible how little you get for your rental payment each month. Most renters are lucky to have even a tiny balcony, let alone roomy closets o storage space. Many homes come with luxurious yards and spacious garages for storage. This makes buying a home an attractive option for those who prefer to stretch their legs.
4. They Want to Make Upgrades
Most leases forbid the renter from altering the rental space. For those do it yourselfers, this can mean a boring living experience. Home buyers are not only allowed to make upgrades, but doing so can be a great investment and raise the overall value of your home. From an investment perspective, this is a no brainer.
5. They Don’t Want to Pay Extra to Own Pets
For those pet lovers out there, renting can be a major financial undertaking Pet deposits can be very expensive, and some apartments add a monthly premium to rent just for having a pet, and separate deposits/premiums for each pet. These fees can add up fast! Homebuyers don’t have to deal with these sorts of fees, and they can also typically provide a better environment for their pets as well.
6. They Don’t Want to Be So Close to Noisy Neighbors
Have you ever lived on the second floor of a 3 story apartment complex? Wild partiers underneath blaring music at 4AM and home fitness gurus doing jumping jacks above you can make you realize just how annoying living so close to your neighbors can be. Homebuyers can sometimes deal with annoying neighbors as well, but at least they’re not rattling your chandelier when they stomp their feet down the hallway.
7. They Don’t Want to Deal With a Landlord
Sometimes dealing with a landlord can be tough. Some landlords are not very friendly or flexible, and won’t hesitate to throw you on the street if rent isn’t on time. Other landlords can be so distant that problems with rent or appliances don’t get resolved for months or even years. As a homeowner, there’s no landlord to deal with and you have the freedom and independence of conducting business on your own terms.
8. Their Hobbies Make Renting a Bad Idea
Drummers and musicians need a place to live, but do you want them living above you in a cramped apartment complex? For those renters who have hobbies or professions that are noisy or require space, renting just isn’t an option for them. Owning a home with plenty of space is their only way to go.
9. They Don’t Want to Deal With Deposits
Security deposits? These never seem to work out in the renters favor and come moving time it always seems like every little problem leads to forfeiture of the sometimes huge security deposits we have to pay just to sign the lease. Home buyers don’t have to deal with this as their home is more closely tied to their assets and their individual independence.
10. They Want to Live the American Dream
Owning a home is a big part of the American dream, and most people would say that the independence, autonomy, and sense of accomplishment that owning a home brings is an essential part of the American way of life. Does renting an apartment do the same?
John Holbrook - Realtor 904-415-0171
Amelia Island, Florida 32034
www.ameliaislandsearch.com
1. They Want to Build Equity
Homebuyers build equity as their property increases in value over time. This equity has many benefits, including the ability of a homebuyer to leverage equity in lines of credit to make repairs or additions to their home. Equity is a powerful thing and a natural consequence of home ownership. Renters never gain equity in their rental space, and at the end of their lease they are thrown out on the street with nothing to show for years of on time rental payments.
2. They Don’t Want to Throw Their Money Away
Without equity, what does paying your rent on time gain you every month? The truth is that paying rent guarantees a roof over your head for about 30 days and nothing more. In that sense, renting is like an extended stay hotel in that at the end of your rental period or lease you have nothing to show for the money you’ve paid. This makes renting a terrible investment when compared to home buying.
3. They Want More Space
It’s incredible how little you get for your rental payment each month. Most renters are lucky to have even a tiny balcony, let alone roomy closets o storage space. Many homes come with luxurious yards and spacious garages for storage. This makes buying a home an attractive option for those who prefer to stretch their legs.
4. They Want to Make Upgrades
Most leases forbid the renter from altering the rental space. For those do it yourselfers, this can mean a boring living experience. Home buyers are not only allowed to make upgrades, but doing so can be a great investment and raise the overall value of your home. From an investment perspective, this is a no brainer.
5. They Don’t Want to Pay Extra to Own Pets
For those pet lovers out there, renting can be a major financial undertaking Pet deposits can be very expensive, and some apartments add a monthly premium to rent just for having a pet, and separate deposits/premiums for each pet. These fees can add up fast! Homebuyers don’t have to deal with these sorts of fees, and they can also typically provide a better environment for their pets as well.
6. They Don’t Want to Be So Close to Noisy Neighbors
Have you ever lived on the second floor of a 3 story apartment complex? Wild partiers underneath blaring music at 4AM and home fitness gurus doing jumping jacks above you can make you realize just how annoying living so close to your neighbors can be. Homebuyers can sometimes deal with annoying neighbors as well, but at least they’re not rattling your chandelier when they stomp their feet down the hallway.
7. They Don’t Want to Deal With a Landlord
Sometimes dealing with a landlord can be tough. Some landlords are not very friendly or flexible, and won’t hesitate to throw you on the street if rent isn’t on time. Other landlords can be so distant that problems with rent or appliances don’t get resolved for months or even years. As a homeowner, there’s no landlord to deal with and you have the freedom and independence of conducting business on your own terms.
8. Their Hobbies Make Renting a Bad Idea
Drummers and musicians need a place to live, but do you want them living above you in a cramped apartment complex? For those renters who have hobbies or professions that are noisy or require space, renting just isn’t an option for them. Owning a home with plenty of space is their only way to go.
9. They Don’t Want to Deal With Deposits
Security deposits? These never seem to work out in the renters favor and come moving time it always seems like every little problem leads to forfeiture of the sometimes huge security deposits we have to pay just to sign the lease. Home buyers don’t have to deal with this as their home is more closely tied to their assets and their individual independence.
10. They Want to Live the American Dream
Owning a home is a big part of the American dream, and most people would say that the independence, autonomy, and sense of accomplishment that owning a home brings is an essential part of the American way of life. Does renting an apartment do the same?
John Holbrook - Realtor 904-415-0171
Amelia Island, Florida 32034
www.ameliaislandsearch.com
Wednesday, February 23, 2011
Tuesday, February 22, 2011
Barbeque on Amelia Island
Just ate lunch at the Happy Toato Courtyard Cafe & BBQ and had the ribs and chicken for lunch. It was outstanding and I would highly recommend it. The restaurant is really an outdoor patio with friendly service and great food. Give it a try. Their phone number is 904-321-0707. Located in downtown Fernandina Beach across from the Green Turtle.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.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
Thursday, February 17, 2011
Historic District Views: Forward Fernandina? | jacksonville.com
Historic District Views: Forward Fernandina? | jacksonville.com
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
2011 Amelia Island Book Festival Schedule | jacksonville.com
2011 Amelia Island Book Festival Schedule | jacksonville.com
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
Tuesday, February 15, 2011
Freedom Playgrond - Fernandina Beach
Freedom Playground is a place that gives children of all abilities and all ages the gift of play without barriers. It is a place where a child that has the ability to walk can play alongside a child in a wheelchair and not see the differences in each other. Freedom playground truly embraces inclusion. In addition to being a place for everyone to play, Freedom Playground was designed with the history, art , and nature of Fernandina Beach in mind. It has a Fort Clinch, a sandpit with buried treasure, a stage that looks like a marina, and the centerpiece is a shrimp Boat. Thank you very much for supporting this wonderful project.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.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
5 reason to buy right now on Amelia Island
Selling Your House? 5 Reasons To Do It NOW!
by The KCM Crew on February 15, 2011 · 1 comment
The conventional wisdom when selling a home has always been to wait until the ‘Spring Buying Season’. Over the years, that has seemed to make sense and is now accepted as a good strategy for those who want to sell their house and receive the best possible price. This real estate market has shattered many previously held beliefs. The wisdom of waiting for a spring market is another belief that is about to fall. Here are five reasons why?
1.) Interest Rates Are On the RiseInterest rates have spiked up rather dramatically over the last ninety days and are now over 5%. Initially, an increase in rates has a positive effect on the market as it forces buyers off the fence. However, it also eats into a buyer’s purchasing power. As rates increase, the mortgage amount a buyer qualifies for decreases. This will eventually have a negative impact on prices.
2.) Your Dream Home Will Never Be CheaperIf your family goal is to sell your current house and take advantage of the fabulous selection of properties currently available to buy the home of your dreams, DO IT NOW! Prices will continue to soften in most markets. However, if you are buying, COST should be more important than PRICE. Cost can be dramatically impacted by rising mortgage interest rates. Do the math and decide if now is the time.
3.) Buyers Are Out EarlyThere is mounting evidence that buyers are coming out earlier this year. A belief that now is a good time to buy coupled with the increase in interest rates has started the buying season early.
Pete Flint, CEO of Trulia:
“We’re seeing a national resurgence of buyer and seller activity on Trulia.com. In January alone, we experienced an unprecedented level of site traffic including 11 million unique visitors – which is more than 70 percent year-over-year growth. We’ve are now experiencing 100,000 property views per minute.”
The National Association of Realtors just reported that the number of house sales increased 12.9% over last month.
4.) Inventory Increases Every SpringEvery year there is an increase of inventory which comes to market as we approach the spring. Here is the number of listings available for sale in 2010.
February – 3,531,000
March – 3,626,000
April – 4,029,000
We believe there will be an increase in these numbers in 2011 as there is a pent-up selling demand created by the weak market of the last few years. You won’t have to worry about this increasing competition if you sell now.
5.) We Are in the Eye of the Foreclosure StormWhile banks are trying to rectify their foreclosure procedures, there is a large supply of discounted properties which has been delayed coming to market. This inventory will be released sometime in the next few months. Foreclosures sell on average at a 41% discount. When released they will be competing with your house for the buyers in the marketplace. If you are looking to sell in 2011, you want to sell before this inventory becomes your competition.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
by The KCM Crew on February 15, 2011 · 1 comment
The conventional wisdom when selling a home has always been to wait until the ‘Spring Buying Season’. Over the years, that has seemed to make sense and is now accepted as a good strategy for those who want to sell their house and receive the best possible price. This real estate market has shattered many previously held beliefs. The wisdom of waiting for a spring market is another belief that is about to fall. Here are five reasons why?
1.) Interest Rates Are On the RiseInterest rates have spiked up rather dramatically over the last ninety days and are now over 5%. Initially, an increase in rates has a positive effect on the market as it forces buyers off the fence. However, it also eats into a buyer’s purchasing power. As rates increase, the mortgage amount a buyer qualifies for decreases. This will eventually have a negative impact on prices.
2.) Your Dream Home Will Never Be CheaperIf your family goal is to sell your current house and take advantage of the fabulous selection of properties currently available to buy the home of your dreams, DO IT NOW! Prices will continue to soften in most markets. However, if you are buying, COST should be more important than PRICE. Cost can be dramatically impacted by rising mortgage interest rates. Do the math and decide if now is the time.
3.) Buyers Are Out EarlyThere is mounting evidence that buyers are coming out earlier this year. A belief that now is a good time to buy coupled with the increase in interest rates has started the buying season early.
Pete Flint, CEO of Trulia:
“We’re seeing a national resurgence of buyer and seller activity on Trulia.com. In January alone, we experienced an unprecedented level of site traffic including 11 million unique visitors – which is more than 70 percent year-over-year growth. We’ve are now experiencing 100,000 property views per minute.”
The National Association of Realtors just reported that the number of house sales increased 12.9% over last month.
4.) Inventory Increases Every SpringEvery year there is an increase of inventory which comes to market as we approach the spring. Here is the number of listings available for sale in 2010.
February – 3,531,000
March – 3,626,000
April – 4,029,000
We believe there will be an increase in these numbers in 2011 as there is a pent-up selling demand created by the weak market of the last few years. You won’t have to worry about this increasing competition if you sell now.
5.) We Are in the Eye of the Foreclosure StormWhile banks are trying to rectify their foreclosure procedures, there is a large supply of discounted properties which has been delayed coming to market. This inventory will be released sometime in the next few months. Foreclosures sell on average at a 41% discount. When released they will be competing with your house for the buyers in the marketplace. If you are looking to sell in 2011, you want to sell before this inventory becomes your competition.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
http://mail.chaplinwilliams.com/
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
Monday, February 14, 2011
Billboard Prudential Realty Amelia Island
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
New Billboard - Prudential Amelia Island
John Holbrook - REALTOR - Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee FL 32034
Great Resource for Local Information!
Phone: 904-415-0171 - Blog of Local Market Information
Email: holbrook66@msn.com Search for homes at www.ameliaislandsearch.com
Nassau County Homes
Nassau County Real Estate Activity
Single Family Resales in Nassau County were up 29% in January compared to a year ago. The Total Dollar Volume for Single Family Resales was up by 16% (not shown). Condo Resales were nearly triple those of last January. Pre-foreclosure filings continued a sharp decline that started 4 months ago with the "moratorium" on foreclosures and the unresolved legal issues related to the foreclosure process. Despite this trend, the actual number of foreclosures was essentially the same.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Single Family Resales in Nassau County were up 29% in January compared to a year ago. The Total Dollar Volume for Single Family Resales was up by 16% (not shown). Condo Resales were nearly triple those of last January. Pre-foreclosure filings continued a sharp decline that started 4 months ago with the "moratorium" on foreclosures and the unresolved legal issues related to the foreclosure process. Despite this trend, the actual number of foreclosures was essentially the same.
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, February 8, 2011
North Hampton Home
North Hampton Neighborhood
2750 square feet
On a Lake with golf views.
Built in 2005
$274,000
Community pool, tennis, kayak launch.John Holbrook - REALTOR - Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee FL 32034
Great Resource for Local Information!
Phone: 904-415-0171 - Blog of Local Market Information
Email: holbrook66@msn.com Search for homes at www.ameliaislandsearch.com
2750 square feet
On a Lake with golf views.
Built in 2005
$274,000
Community pool, tennis, kayak launch.John Holbrook - REALTOR - Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee FL 32034
Great Resource for Local Information!
Phone: 904-415-0171 - Blog of Local Market Information
Email: holbrook66@msn.com Search for homes at www.ameliaislandsearch.com
Amelia Island Housing Market
Here is Robert Shiller’s interview discussing National Housing issues:
You said on Bloomberg Television yesterday that there is a 50-50 chance of a double dip in housing.
I am really going out on a limb to say it’s as high as 50-50. Double dips are rare. You know, I have a forecasting model that I used to use years ago when we were doing forecasts for The Wall Street Journal in the late 1990s, and that model emphasized momentum before anything else. When prices go up, they tend to go up for years. That’s history. Whereas if they start going down, they’ll go down for years. We saw home prices decline between 2006 and 2009—three years of decline. And now that [the market is trending] up, you know, it’s perfectly plausible to think we’ll have three years or more of increases. But I’m not so sure. We don’t know how much of this is transitory because of the government support. We’re in such an unusual economy now that [a double dip] has substantial probability.
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
Monday, February 7, 2011
Market Update
There's good news in the latest housing market forecast for 2011 from the National Association of Realtors (NAR). After dipping 4.8% last year, sales of existing homes are predicted to grow 7.9% this year, to 5.3 million. The gain for 2012 is forecast to be a little less, up 4.5%, to 5.53 million. The existing home median price went up 0.3% in 2010, a nice recovery from the 12.9% price drop of 2009. For 2011, the NAR sees it rising 0.5%, to $173,000, then another 2.4%, to $177,900, in 2012.
New home sales are forecast to come back more briskly, up 17.7% in 2011, following their 15.5% drop in 2010. The 2012 projection is for a strong 51.1% sales gain, to 565,000 homes. The median price for new homes, which gained 2.2% last year, should go up another 1.8% in 2011, to $224,700, then 1.9% in 2012, to $229,000. The NAR's chief economist says this rebound in home sales does depend on an improvement in the jobs market. Affordability also matters and in Q4 of 2010 housing was the most affordable on record, according to NAR numbers going back to 1971. The NAR feels the current situation of low home prices along with low interest rates should continue.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
New home sales are forecast to come back more briskly, up 17.7% in 2011, following their 15.5% drop in 2010. The 2012 projection is for a strong 51.1% sales gain, to 565,000 homes. The median price for new homes, which gained 2.2% last year, should go up another 1.8% in 2011, to $224,700, then 1.9% in 2012, to $229,000. The NAR's chief economist says this rebound in home sales does depend on an improvement in the jobs market. Affordability also matters and in Q4 of 2010 housing was the most affordable on record, according to NAR numbers going back to 1971. The NAR feels the current situation of low home prices along with low interest rates should continue.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
Saturday, February 5, 2011
Latest Property for Sale Amelia Island
The following properties have just been added or revised. Please review them and contact me if you desire more information.
Activity Mls# Address Price
Sold 53194 85023 LINDA HALL ROAD 30,000
Back on market 51712 1224 AMELIA LAKES 70,000
New 54364 95751 SPRINGHILL RD 99,999
New 54359 2754B FIRST AVENUE 141,000
Sold 54359 2754B FIRST AVENUE 141,000
New 54360 6335 FERNANDINA SHORES 149,900
Back on market 53824 109 N 18TH STREET 172,500
Temp off market 53824 109 N 18TH STREET 172,500
Withdrawn 54135 95273 VILLAGE DRIVE 179,900
New 54357 95273 VILLAGE DRIVE 185,000
Price Reduced 53242 7.3 AC MITCHELL ROAD 195,000
New 54362 30692 FOREST PARKE DRIVE 229,900
Price Reduced 53579 2867 E PARK SQUARE PLACE 230,000
Price Reduced 54252 87580 ROSES BLUFF ROAD 277,516
John Holbrook - Realtor
PRUDENTIAL CHAPLIN WILLIAMS REALTY
Amelia Island, Fernandina Beach & Yulee, Florida
904-415-0171
holbrook66@msn.com
Search the local MLS at www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Activity Mls# Address Price
Sold 53194 85023 LINDA HALL ROAD 30,000
Back on market 51712 1224 AMELIA LAKES 70,000
New 54364 95751 SPRINGHILL RD 99,999
New 54359 2754B FIRST AVENUE 141,000
Sold 54359 2754B FIRST AVENUE 141,000
New 54360 6335 FERNANDINA SHORES 149,900
Back on market 53824 109 N 18TH STREET 172,500
Temp off market 53824 109 N 18TH STREET 172,500
Withdrawn 54135 95273 VILLAGE DRIVE 179,900
New 54357 95273 VILLAGE DRIVE 185,000
Price Reduced 53242 7.3 AC MITCHELL ROAD 195,000
New 54362 30692 FOREST PARKE DRIVE 229,900
Price Reduced 53579 2867 E PARK SQUARE PLACE 230,000
Price Reduced 54252 87580 ROSES BLUFF ROAD 277,516
John Holbrook - Realtor
PRUDENTIAL CHAPLIN WILLIAMS REALTY
Amelia Island, Fernandina Beach & Yulee, Florida
904-415-0171
holbrook66@msn.com
Search the local MLS at www.nassaumls.net
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.netwww.johnholbrook.blogspot.com
Latest Rates From Prime Lending
Key Interest Rates - Latest 6 Mos Ago 1 Yr Ago
Prime Rate 3.25 3.25 3.25
Fed Discount 0.75 0.75 0.50
Fed Funds 0.18 0.19 0.13
11th District COF 1.508 1.797 1.828
10-Year Note 3.64 2.94 3.66
30-Year Treasury Bond 4.73 4.04 4.55
30-Yr Fixed (FHLMC) 4.81 4.49 5.01
15-Yr Fixed (FHLMC) 4.08 3.95 4.40
1-Yr Adj (FHLMC) 3.26 3.55 4.22
6-Mo Libor (FNMA) 0.45381 0.66781 0.3844
Sources: IBC's Money Fund Report; Bank Rate Monitor; Federal Home Loan Bank of San Francisco
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
Www.ameliaislandsearch.com
Prime Rate 3.25 3.25 3.25
Fed Discount 0.75 0.75 0.50
Fed Funds 0.18 0.19 0.13
11th District COF 1.508 1.797 1.828
10-Year Note 3.64 2.94 3.66
30-Year Treasury Bond 4.73 4.04 4.55
30-Yr Fixed (FHLMC) 4.81 4.49 5.01
15-Yr Fixed (FHLMC) 4.08 3.95 4.40
1-Yr Adj (FHLMC) 3.26 3.55 4.22
6-Mo Libor (FNMA) 0.45381 0.66781 0.3844
Sources: IBC's Money Fund Report; Bank Rate Monitor; Federal Home Loan Bank of San Francisco
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
Www.ameliaislandsearch.com
Thursday, February 3, 2011
Shinnecock Hills - North Hampton Home
For Sale $275,000
3 car side entry garage
4 bedrooms with water to golf views.John Holbrook - REALTOR - Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee FL 32034
Great Resource for Local Information!
Phone: 904-415-0171 - Blog of Local Market Information
Email: holbrook66@msn.com Search for homes at www.ameliaislandsearch.com
3 car side entry garage
4 bedrooms with water to golf views.John Holbrook - REALTOR - Prudential Chaplin Williams Realty
Amelia Island, Fernandina Beach, Yulee FL 32034
Great Resource for Local Information!
Phone: 904-415-0171 - Blog of Local Market Information
Email: holbrook66@msn.com Search for homes at www.ameliaislandsearch.com
Omni Amelia Island Plantation
Luxury Hotel Brand Awarded Best Single Asset Transaction of 2010
IRVING, Texas, Jan. 31, 2011 /PRNewswire/ -- Americas Lodging Investment Summit sponsors and delegates recognized Omni Hotels & Resorts with the Best Single Asset Transaction of 2010 for the purchase of the Amelia Island Plantation on Amelia Island, FL. Winners of several development awards were announced during the conference held January 24th through 26th in San Diego and co-sponsored by the American Hotel & Lodging Association (AH&LA) and the Burba Hotel Group. In addition to celebrating Omni's award-winning work, ALIS honored executives and companies responsible for the most influential hospitality industry developments in 2010.
The Amelia Island Plantation transaction was completed in fall 2010, with the Amelia Island Company selling the resort to Omni for $67.1 million. The property was previously owned by the same family for more than 30 years and operated as an independent since its inception but became bankrupt in 2008 during the economic downturn. Omni was the highest bidder for the renowned resort at an auction held August 23rd in nearby Jacksonville, FL. The acquisition included over 1,350 acres, 3.5 miles of beaches, 249 guest rooms, two renowned golf courses, nearly 50,000 square feet of meeting and event space, 45,000 square feet of retail space, tennis, fitness and spa facilities and numerous opportunities for future development.
John Holbrook - Realtor Amelia Island, Fernandina Beach & Yulee, FloridaCell: 904-415-0171 Email: holbrook66@msn.com Web: www.nassaumls.net
www.johnholbrook.blogspot.com
IRVING, Texas, Jan. 31, 2011 /PRNewswire/ -- Americas Lodging Investment Summit sponsors and delegates recognized Omni Hotels & Resorts with the Best Single Asset Transaction of 2010 for the purchase of the Amelia Island Plantation on Amelia Island, FL. Winners of several development awards were announced during the conference held January 24th through 26th in San Diego and co-sponsored by the American Hotel & Lodging Association (AH&LA) and the Burba Hotel Group. In addition to celebrating Omni's award-winning work, ALIS honored executives and companies responsible for the most influential hospitality industry developments in 2010.
The Amelia Island Plantation transaction was completed in fall 2010, with the Amelia Island Company selling the resort to Omni for $67.1 million. The property was previously owned by the same family for more than 30 years and operated as an independent since its inception but became bankrupt in 2008 during the economic downturn. Omni was the highest bidder for the renowned resort at an auction held August 23rd in nearby Jacksonville, FL. The acquisition included over 1,350 acres, 3.5 miles of beaches, 249 guest rooms, two renowned golf courses, nearly 50,000 square feet of meeting and event space, 45,000 square feet of retail space, tennis, fitness and spa facilities and numerous opportunities for future development.
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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