Our local Real Estate market is still trying to sputter back up to speed, albeit with great difficulty.
Tag Archive: real estate
South Florida condominium prices already have dropped up to 88 percent from their 2006 peak, and the meltdown isn‚Äôt over yet.
As I continue to analyze the Real Estate market, I find myself thinking that we may be letting investment opportunities slip through our fingers.
The real estate market is not going to be depressed forever, it will come back. I still think it is better to own then rent.
Does this mean the buyer must accept the counter offer? No, they have the option now to either accept, reject or counter your offer.
We fell into a discussion on what could we do as sales agents to boost sales. I found it amazing that most sales agents today are still relying on the way business was conducted two and three years ago.
Our local Fernandina Beach real estate market continues on a slow, sluggish path with few actual sales taking place. As a result we are seeing more and more rental units hitting the market place.
The Decline and Fall of Western Civilization post is painting a picture of a residential real estate market in a death spiral.
If you’ve had a home on the market here on Amelia Island over the last 2 years you’ve seen your appraised value fall in excess of 30%.
Let’s take a look at the impact the $8,000 first-time home buyer tax credit has had, and the political outlook for its extension.
Home prices are down an average 27% from the 2006 peak. But property taxes – which are based on your home’s assessed value – are up 12% over the same time period.
A story of why not to buy a house
Our local real estate market continues to drag on at a slow pace. I feel we still have a long way to go before our market sparks any significant signs of rebound.
Many homeowners who are unable to sell their homes in Fernandina Beach have turned to renting their home.
It’s time we took a look at how the Real Estate market is doing on Amelia Island.