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Winter 2012 Market Update
This is an amazing time to take advantage of the low interest rates and great pricing. There is a good selection of homes. Now is the time to buy! Take advantage of the market,you will be glad you did!
Call Amy Powell Team to get started: 904-327-3933
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| Average Home Price | $125,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Orange Park is | Increasing |
| Seller Activity for the past 90 days in Orange Park is? | Decreasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | There have been multiple offer situations on bank REO properties and foreclosures. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | There is a good selection of affordable homes for first time home buyers or investors. |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Orange Park! |
| Nearest Metro Area | Jacksonville |
| Housing Hot Spots | Most cities within the Clay County area are considered Hot Spots. A few are Fleming Island, Middleburg and Lake Asbury. |
| Average Sold Price | $125,000 - View Graph Trend |
Orange Park Local News
News for Orange Park, FL - October 20th, 2010 6:30pm
According to USA Today, last year only 37.6 % of homeowners spent 30 % or more of their household income on mortgage payments, taxes, insurance and utilities. However more than 50% of all renters were spending more than 30% of their income on housing related costs. This includes monthly rent, utilities and renters insurance. So what is stopping you from buying?
Last year the national median home price went down 6 %. Florida has one of the largest decreases in quareterly average home sales price based on the last two calendar quarters.
Contact Information
Amy Powell
904-327-3933
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 8th, 2012 –
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30 yr. fixed rate: 3.88%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.64%
15 yr. jumbo rate: 3.98%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Amy Powell
Coldwell Banker Vanguard Realty
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 904-327-3933
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