A 50-year mortgage could save you $200 a month on a $300K loan. But you could pay over $1M in interest
Read full article: A 50-year mortgage could save you $200 a month on a $300K loan. But you could pay over $1M in interestPresident Donald Trump is pitching a 50-year mortgage, an idea federal housing officials are calling a potential “game changer” as home prices continue to climb nationwide.
October home prices fall slightly, inventories rise in Northeast Florida: NEFAR report
Read full article: October home prices fall slightly, inventories rise in Northeast Florida: NEFAR reportThe median price of a single-family home in the Jacksonville area fell slightly in October while the active inventory of homes for sale rose 1.4%, according to the Northeast Florida Association of Realtors.
‘Building housing for the houseless’: Nonprofit aims to close affordability gap in Nassau County, one property at a time
Read full article: ‘Building housing for the houseless’: Nonprofit aims to close affordability gap in Nassau County, one property at a timeAffordable Housing 1st was created last year by co-founder Carlene McDuffie and president Kevin Harriman to address Nassau County’s growing affordability crisis.
Housing market continues cooldown, stable prices, increased inventory in September: NEFAR report
Read full article: Housing market continues cooldown, stable prices, increased inventory in September: NEFAR reportNortheast Florida’s housing market continued its gradual cooldown in September as sales activity slowed and higher inventory levels compared to a year ago, according to the Northeast Florida Association of Realtors report.
Median home prices fall in the majority of Northeast Florida counties; Clay, Putnam prices up slightly: report
Read full article: Median home prices fall in the majority of Northeast Florida counties; Clay, Putnam prices up slightly: reportMedian prices for single-family homes fell in the majority of Northeast Florida counties in May, according to a new report from the Northeast Florida Association of Realtors (NEFAR).
‘Addressing Affordability’: How does Northeast Florida’s housing market align with the definition of affordable housing?
Read full article: ‘Addressing Affordability’: How does Northeast Florida’s housing market align with the definition of affordable housing?According to housing experts, “affordable” is defined as spending no more than 30% of your income on housing. In Jacksonville, where the median household income is $81,107 according to city data, that means monthly housing costs should not exceed $2,027 to be considered affordable.
Single-family home prices have increased in Orange Park over the last year & so has the number of houses on the market
Read full article: Single-family home prices have increased in Orange Park over the last year & so has the number of houses on the marketThe number of homes on the market in the Town of Orange Park has increased over the past year, and so has the median sale price.
Are election jitters impacting the real estate market? What buyers should know
Read full article: Are election jitters impacting the real estate market? What buyers should knowWith the 2024 election season in full swing, News4JAX is looking at the role that financial uncertainty is playing in the sluggish real estate market in North Florida.
Good news for buyers: Housing market moving toward being balanced, NEFAR says
Read full article: Good news for buyers: Housing market moving toward being balanced, NEFAR saysEvery metric in the Northeast Florida Association of Realtors (NEFAR) market statistics report for July shows the housing market shifting towards a balanced market.
Northeast Florida realtors clean up local waterways, collect thousands of pounds in trash
Read full article: Northeast Florida realtors clean up local waterways, collect thousands of pounds in trashNortheast Florida Association of Realtors held its annual Clean-Up Florida Waterways event Saturday morning.
With interest rates coming down, real estate experts predict home bidding wars on the horizon in Jacksonville
Read full article: With interest rates coming down, real estate experts predict home bidding wars on the horizon in JacksonvilleIt’s the first time in almost six months that mortgage rates are below 7%. That has realtors sounding the alarm on a more competitive market in 2024.
Northeast Florida housing prices rise in November as market slows during holiday season: report
Read full article: Northeast Florida housing prices rise in November as market slows during holiday season: reportHomes in Northeast Florida remain historically unaffordable, according to Northeast Florida Association of Realtors
Northeast Florida home prices remain historically unaffordable; housing market sees major seasonal slowdown: report
Read full article: Northeast Florida home prices remain historically unaffordable; housing market sees major seasonal slowdown: reportHome prices in Northeast Florida have never been less affordable, according to a new report from the Northeast Florida Association of Realtors (NEFAR) released on Thursday.
Northeast Florida home prices continue to rise, but there’s encouraging signs for buyers, expert says
Read full article: Northeast Florida home prices continue to rise, but there’s encouraging signs for buyers, expert saysHome prices continued to climb last month to record highs in Northeast Florida.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/d1vhqlrjc8h82r.cloudfront.net/01-29-2021/t_70e85fe4d4914faba5529176ac51bbe6_name_file_1920x1080_5400_v4_.jpg)
Big decision: Questions you should ask when choosing a realtor
Read full article: Big decision: Questions you should ask when choosing a realtorJACKSONVILLE, Fla. – Choosing your realtor is one the biggest decision you will make when house searching -- aside from picking the actual house. But how do you know you are choosing the right one? Missi Howell, president of the Northeast Florida Association of Realtors said it’s important to interview several realtors before selecting the one who best suits your needs. She said there are some key areas where you need to be asking questions before choosing a realtor. “What kind of research are you doing to truly vet out that professional that you’re going to be working with,” Howell said.
