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Market Trends
Commentary Provided byKaren Gartley and Lynda Learn If you can qualify, now is an exceptional time to buy a home in Fruit Cove and Switzerland. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 904-755-1674 |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Jacksonville | ||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||
| Average Time on Market | 90-120 days | ||
| Market Trend | Decreasing | ||
| Housing Inventory | Limited Supply | ||
| Inventory Comments | Homes that are priced right and are staged are selling in a more timely fashion. We are beginning to see the inventory of those homes decline and multiple offers places on homes. | ||
| Average Home Price | $250,000 - View Graph Trend | ||
| Best Selling Price Range | $200,000 - $249,000 | ||
| Worst Selling Price Range | $950,000 - $999,000 | ||
| Compared to Last Year | Down 10-15% | ||
| Prices As % of Asking Price | 80-85% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Fruit Cove and Switzerland is | No Change | ||
| Seller Activity for the past 90 days in Fruit Cove and Switzerland is | Increasing | ||
| Is Financing Available For Qualified Buyers in Fruit Cove and Switzerland? | Yes | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% | ||
| Housing Hot Spots | Most cities within the St. Johns County area are considered 'Housing Hotspots'Bartram Springs, Julington Creek Plantation, St. Johns Forest, Cimarrone Golf and Country, South Hampton, Bartram Plantation, Colony of Greenbriar, Stonehurst Plantation, St. Johns Golf and Country, Aberdeen, Durbin Crossing, Village Green,Cunningham Creek Estates, Cunningham Creek,River Oaks Plantation,Rivertown,Green Cove,Middleburg,Fleming Island | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fruit Cove and Switzerland! | ||
| Average Sold Price | $250,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Karen Gartley and Lynda Learn
Keller Williams Atlantic Partners Jacksonville Beach, Florida 904-755-1674 info@teamgenerations.com Agent Home Page 
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Fruit Cove and Switzerland Local News
News for Julington Creek, Fruit Cove and Switzerland, FL - Wednesday September 30th 2009
Fleming Island a growing community, visit our community service report for all the details:
http://www.teamgenerations.com/Recommended-Links
Team Generations is always available for you! 904-371-5908, www.teamgenerations.com
$8000 TAX CREDIT FOR FLORIDA, Julington Creek, Saint Johns - Monday September 28th 2009
Thinking about buying your first home? Act
today and the government will give you FREE
money in the form of a tax credit or downpayment.
No, you're not dreaming!
As part of its plan to stimulate the U.S. housing
market and address the economic challenges
facing our nation, Congress has passed legislation
that grants a tax credit of up to $8,000 to firsttime
homebuyers.
VISIT US OR CALL TODAY 904-371-5908, WWW.TEAMGENERATIONS.COM, CREDIT ENDS 11/30/2009, OWN YOUR HOME TODAY!
News for Fruit Cove and Switzerland, FL - Thursday September 10th, 2009 8:04pm
As mentioned in a recent article on inmannews.com, Freddie Mac announced that prime borrowers, able to put down 20 percent were offered a 30-year fixed rate mortgage just above 5 percent. Borrowers making smaller down payments can expect to pay slightly higher rate. These unbelievable low interest rates coupled with low home prices and a $8000 tax credit for first time home buyers make this the perfect time to buy.
What are you waiting for? To find out how I can assist you with getting into your dream home, call us today at 904-371-5908
Send me an Email
904-755-1674
