• 1,620 sq. ft., 2 bath, 3 bdrm single story - 
MLS® $139,900 - BEST BUY IN MANDARIN!
Mandarin, Jacksonville - BACK ON THE MARKET - SHOULD NOT LAST LONG!
At Home In The Heart of Mandarin: Enjoy the warm ambiance of this gracious 3BR/2B home on a quiet cul-de-sac near some of Jacksonville’s finest schools, shopping and entertainment.
Featuring an open floor plan built for living and entertaining, newer architectural shingle roof, carpet, hardwood floors, prewired surround sound, remodelled master bath with new garden tub with jets and numerous other upgrades and amenities. You shouldn’t let this one get away.
GREAT PRICE & CONDITION - Short Sale shouldn't take long because the Lender has already assigned a negotiator and has all paperwork needed.
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Back on the market!
• 1,680 sq. ft., 2 bath, 3 bdrm single story - MLS® $144,900 - Move In Ready!
Ft Caroline Club Estates, Fort Caroline - Built in 1960, this 3BR/2B home has enjoyed a professional expansion and remodel to the main living areas and kitchen. The ORIGINAL OWNER has occupied the property throughout its life and kept it in immaculate condition.
In addition to screened front porch, expanded living areas, hardwood flooring (under carpet), brick wood-burning or gas fireplace and quality upgrade appliances, this home features an additional game room building not included in square footage. The large finished gameroom has unit heat and cooling and includes billiard table with table tennis top too!
Convenient to Ft Caroline Club, boat ramp, schools, shopping, downtown and more. This home offers far more than you expect. The Large corner lot offers plenty of room to expand if desired.
Seller had home inspection prior to listing and made the very few minor repairs recommended. It also has a newer HVAC system, brand new architectural shingle roof, and freshly painted exterior.
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Ft Caroline Club Estates, Fort Caroline - Announcing a price reduction on 3805 Edidin Drive, a 1,680 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $159,900 - Not Short Sale.
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Ft Caroline Club Estates, Fort Caroline - Announcing a price reduction on 3805 Edidin Drive, a 1,680 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $169,900 - Not Short Sale.
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Immaculate - Model Condition!
• 1,728 sq. ft., 3 bath, 3 bdrm townhouse - MLS® $199,900
Wolf Creek, Jacksonville - Offering a spectacular lakefront view, this absolutely immaculate 3 Bedroom / 2.5 Bath Townhome has 1728 square feet of dynamic living space and a one car garage.
As an end unit, it provides an abundance of natural light and added yard space for your enjoyment.
Located only minutes from Jacksonville's beautiful beaches with easy access to all major highways, you'll find no better address to call home.
This 86.4 acre beautifully wooded neighborhood features two clubhouses, two state-of-the-art fitness centers, two pools, two separate gated and stone-accented entrances, lake and nature preserve vistas in a community master plan that highlights the area's forested conservation.
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GREAT OPPORTUNITY
• 1,620 sq. ft., 2 bath, 3 bdrm single story - MLS® $164,900 - SHORT SALE
Mandarin, Jacksonville - At Home In The Heart of Mandarin: Enjoy the warm ambiance of this gracious 3BR/2B home on a quiet cul-de-sac near some of Jacksonville’s finest schools, shopping and entertainment. Featuring an open floor plan built for living and entertaining, newer architectural shingle roof, carpet, hardwood floors, prewired surround sound, remodelled master bath with new garden tub with jets and numerous other upgrades and amenities. You shouldn’t let this one get away. Short Sale requires seller's mortgagee approval.
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BRAND NEW REMODEL - MUST SEE!
• 1,152 sq. ft., 2 bath, 2 bdrm townhouse "Single Level Patio Home" - MLS® $169,900 - Outstanding Quality!
Mandarin, Jacksonville
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St. Augustine Shores, St Johns County - Announcing a FABULOUS NEW CUSTOM HOME FOR SALE on 218 Lily Road, a 1,334 sq. ft., 2 bath, 3 bdrm single story "Designed for Florida!". Now MLS® $252,900 - .
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We want to provide Jacksonville, Florida real estate consumers with as much useful information as possible. To that end, we have recently partnered with one of the leaders in Real Estate News, Realty Times, to provide up-to-date Video News Reports on a variety of related topics including "Local Market Updates".
Follow THIS LINK fpr our latest contribution regarding the Jacksonville market. If you would like to receive periodic updates, please drop us an email and we will include you on our contact list.
Also, if you know of others that could benefit from this information, please forward the link to them. Thank You!
http://www.youtube.com/watch?v=roomGkTBzKM
Jacksonville, Florida Market Update
Life is full of ups and downs and how we perceive those fluctuations determines, to a large extent, how we progress through life. People who tend to focus on the down cycles tend to be less productive than those who focus on the up cycles. It is all about perspective.
How we view what is happening around us has far more influence on our behaviors and decisions than most of us realize. This is why motivational experts encourage us to surround ourselves with positive thinking, positive talking and positive acting people. It is in maintaining a positive outlook and perspective that we enable ourselves to move forward even in the face of adverse conditions around us.
Unfortunately it is common for news reports to focus on the negative. It seems that even the most positive news, when reported at all, is buried deep inside the story. The HEADLINES are designed to capture attention and for some odd reason negative headlines grab more attention than positive - or at least that is what editors seem to believe.
One such HEADLINE I saw recently said "Home sales fall 37%, median prices down 6%". The headline was comparing March 2008 with March 2007.
What the headline DID NOT tell us is the fact that Home Sales INCREASED 20% in March 2008 over February 2008 and that the median price INCREASED 5% for the same period. To the writer's credit, he did include this information within the body of the story but it was not the emphasis.
What the article also did not tell the reader is that the average sales price for a single family home in Jacksonville INCREASED more than 44% during the first quarter of 2008 compared to the first quarter of 2003 - not bad over a short 5 year stretch! Real estate... it has ups and downs like everything else but over the long haul it just keeps getting better.
GOOD NEWS IN THE JACKSONVILLE, FLORIDA REAL ESTATE MARKET HIGHLIGHT #4
Good News About Jacksonville, Florida Real Estate Market - Post #3
Good News About Jacksonville, Florida Real Estate Market - Post #2
Good News About Jacksonville, Florida Real Estate Market - Post #1
According to Forbes.com 2008:
Job Growth Is Anticipated in the Jacksonville Area for 2008!
Coming in at #26 in the Forbes 100 Best Cities for Jobs in 2008 is Jacksonville, Florida. Jacksonville actually ranked number 19 among the 100 markets in private sector job growth. The Greater Jacksonville Metro Area had 561,700 private-sector jobs and an unemployment rate of 3.8% in June of 2007 (Jacksonville Business Journal, Sept. 2007).
Furthermore, Mark Basch (UNF Economic Indicator Project, 01/17/2007), said that "Area inflation...less than rest of nation... Inflation jumped higher in the Jacksonville area in 2007, but it was still better than the rest of the country."
Susan and I are intent on providing the POSITIVE side of area news in an effort to counter much of the negative spin that many in the mainstream media seem to thrive on. We understand the concept that 'bad news' sells but we just refuse to ride that wave, if you will!
If you prefer the company of people with more of a "can do" attitude and approach to life and are looking to buy or sell real estate, give us a call for a free, no obligation, consultation. THERE IS A DIFFERENCE!
Don't let the mainstream media get you down. We're not!
Tim Fennell, PA and Susan Fennell, PA
Broker Associates
REALTY WORLD Executive Group, Inc.
904-568-4528 / 904-568-5468
www.BestHomesInJacksonville.com
GOOD NEWS IN THE JACKSONVILLE, FLORIDA REAL ESTATE MARKET HIGHLIGHT #3
Good News About Jacksonville, Florida Real Estate Market - Post #2
Good News About Jacksonville, Florida Real Estate Market - Post #1
According to a recent article in The Florida Times-Union (December 10, 2007) entitled "Duval Housing Market to grow a bit in '08":
Jacksonville Area Home Values Are Postured To Show Positive Growth!
"A recent report by the state's Office of Economic & Demographic Research estimates ...values in Duval County will climb by 3% in 2008. Duval and Leon, which includes Tallahassee, are the only two counties in the state that will show positive growth in those values next year, according to the economists."
Susan and I are BULLISH on our local market. Based on the economic indicators we read and the trends in buying and selling we see and are personally experiencing in our own business, we are continuing to buy and sell investment properties ourselves. We are 'putting our money where our mouth is" so to speak.
If you need to sell your home now, can you be successful? YES! IF you have it priced RIGHT and employ a progressive marketing plan. Call us today for a free, no obligation, consultation. THERE IS A DIFFERENCE!
And if you are in the market to purchase a home, don't wait for prices to start climbing before making your decision to buy. Prices and interest rates are low - now is the time to act!
Tim Fennell, PA and Susan Fennell, PA
Broker Associates
REALTY WORLD Executive Group, Inc.
904-568-4528 / 904-568-5468
www.BestHomesInJacksonville.com
Good News About Jacksonville, Florida Real Estate Market - Post #1
GOOD NEWS IN THE JACKSONVILLE, FLORIDA REAL ESTATE MARKET HIGHLIGHT #2
According to Sean Snaith, University of Central Florida:
Jacksonville Area Among The Most Likely To Attract New Residents!
Sean Snaith is the director of the Institute for Economic Competitiveness at the University of Central Florida (in which our daughter is a Business Major in her Sophomore year.
According to Mr. Snaith, Florida's lower-cost markets are most likely to attract rsidents. He says that Jacksonville, Orlando and Tampa Bay will recover more quickly than Miami/Fort Lauderdale and Naples/Fort Myers.
Our personal experience working in the Greater Jacksonville Market supports his belief about its future recovery. We experienced an increase in our level of transactions throughout 2007 and that growth is continuing into this first quarter of 2008. In fact, we have personally closed 2.5 times as many transactions during the first quarter of 2008 compared to the first quarter of 2007.
Don't wait for prices to start climbing before making your decision to buy. Prices and interest rates are low - now is the time to act!
Tim Fennell, PA and Susan Fennell, PA
Broker Associates
REALTY WORLD Executive Group, Inc.
904-568-4528 / 904-568-5468
www.BestHomesInJacksonville.com
We have seen it more than once over the past few months--buyers making a grave error that costs them a lot of money and time. It's not their fault... really. They are merely victims of pop-media coverage. They are told over and over and over again that this is a buyers market and they can and should get GREAT deals. These GREAT deals are described as paying far less than the asking price for the property.
So just what's the problem here? What is the mistake?
They don't factor in the fact that NOT ALL listings are over-priced and they lose their opportunity to purchase the home they want at a very good and fair price!
Certainly when the market was shifting from a strong sellers market to a buyers market many sellers were behind the curve. This trend continued and is still happening but not at the same level it once was. Most agents and many sellers now recognize the REALITY of the real estate market and are pricing homes accordingly--that is, they are pricing at fair market value or slightly below fair market value in order to 'stand out' and sell quickly.
The uninformed (or stubborn) buyer comes along and automatically offers a much lower price and unrealistic add-ons and addendums. The seller knows his property is priced right so he holds firm or makes minor concessions just to show good faith in negotiating. He has personally visited the competing properties with his agent and knows that he has the best value in the area. But the buyer listens to the pop-media and refuses to pay the fair price.
Now the buyer moves on to the next property on his 'want list' and tries the same thing... eventually he gets to a seller who IS overpriced and IS willing to make the reduction and concessions and the contract is completed...
BUT now the buyer has his 3rd, 4th or maybe 10th choice and ends up paying the same amount (or nearly the same) as he could have on his number one choice.
Our advice to the buyer is to get with your agent, look closely at the comparable sold and pending sale properties and then at the available active properties. If your number one choice is priced right then BUY IT... in short time you'll be so glad you did!
JACKSONVILLE, FLORIDA REAL ESTATE MARKET - THE GOOD NEWS!
The common public perception is that all real estate markets are in trouble. The FACT is, however, that all real estate is local and each market is behaving in its own unique way. Much of the state has experienced a very large decline but Jacksonville, Florida has fared quite well in comparison.
That is not to say that we haven't had a decline from the boom markets of 2003-2005 but it has not be catastrophic. In fact, unless you happen to be one of the people trying to sell a property that was purchased just prior to the 'shift' you are probably in pretty good shape.
And, if you are in the market to buy now or to move up now you are in an excellent position. This is the first of a series of articles I will be writing to highlight some of the positive news regarding the Jacksonville, Florida real estate market.
GOOD NEWS IN THE JACKSONVILLE, FLORIDA REAL ESTATE MARKET HIGHLIGHT #1
According to Forbes.com, February 2008:
Jacksonville was named number eight out of the 10 Best Cities for Bargain Househunters!
"Jacksonville didn't go through an obscene speculation boom, making its recovery cycle far less daunting than other Florida spots. Job growth isn't outstanding, about average for the cities we measure, but the foreclosure rate is lower than any of the Florida cities we looked at, making the high inventory rate more likely to improve than get worse."
Personally, Susan and I are very bullish regarding the Jacksonville, Florida real estate market. Not only are we busily assisting others with the purchase and sale of their own properties but we are also continuing to buy and sell our own investment properties.
We would be happy to assist you too!
Tim Fennell, PA
Broker Associate
REALTY WORLD Executive Group, Inc.
904-568-4528 / 904-568-5468
www.BestHomesInJacksonville.com