Jacksonville FL Real Estate Update

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Why Navigable Waterfront Homes in Jacksonville Are a Great Investment

NAVIGABLE WATERFRONT HOMES IN JACKSONVILLE ARE A GREAT INVESTMENT

Jacksonville WaterfrontJacksonville and Northeast Florida is known for her many beautiful Navigable Waterfront properties. Like all other Jacksonville real estate, homes on navigable waterfront have taken a hit in value. While that has been a concern for home owners needing to sell their navigable waterfront real estate over the last few years, it is a fabulous opportunity for buyers looking to purchase navigable waterfront property.

As the market begins to recover, there is no doubt that real estate located on navigable waterfront will appreciate at a faster rate than other properties. The reason for this is simple – there is a limited supply of navigable waterfront real estate available for sale.

We make it easy to keep up with any new navigable waterfront homes for sale listed in the greater Jacksonville area via our home search tools and by keeping the navigable waterfront homes listed HERE updated with the most recently listed navigable waterfront homes and condos in the area. Check back frequently or set up your own account today so that you will be notified of all new listings.

ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

0 comments • Tim and Susan Fennell, Jacksonville Real Estate • May 21 2012 09:31AM

The Jacksonville Real Estate Market Looking Better - May Market Report

List Prices and Inventory for Homes in Jacksonville Florida

As of May 07 2012 the Jacksonville real estate market had about 11,214 single family and condo homes listed for sale. The median listing price of these homes was approximately $179,990. "Median" means that about half of the homes were higher and half were lower. Since this time last year, our inventory of homes for sale has decreased by 23.6% and the median price has increased by 1.4%. Both are very good indicators that the Jacksonville real estate market is moving in the right direction.

READ MORE AND VIEW SAMPLE LISTING DATA AT MYJAXHOMETEAM.COM



ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

2 comments • Tim and Susan Fennell, Jacksonville Real Estate • May 11 2012 09:38AM

Search Jacksonville Homes for Sale On Your Smart Phone

Search On The Go

 http://app.dsmobileidx.com/19348/22

HOME SEARCHING MADE EASY

Find homes nearby, make notes, check features, add to your favorites...

WHEREVER YOU GO! 

We make it easy to search for Jacksonville, Florida homes for sale wherever you go with this fantastic, easy to use, mobile website.

See a sign in the yard of a home you like?
Check your mobile app for "Homes Nearby" and get all the facts and photos and even compare to other homes nearby.

Like what you see?
Save it to your favorites...
Call us directly from the website
or
Send us a Text Message.

We are always ready, willing and able to answer all your questions
and to set up appointments to view the homes you like most!

THIS IS A HOME SEARCH YOU'RE GONNA LOVE! 

ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

0 comments • Tim and Susan Fennell, Jacksonville Real Estate • May 09 2012 12:12PM

Which Lenders Process Short Sales The Fastest?

 Which Lenders Process Short Sales The Fastest?

There is a lot of misinformation floating around about short sales. We recently met with a seller who had a "friend" with her to give her "advice." Well, the friend had plenty of opinions and advice but most of it was flat out wrong!

Unfortunately, even though we are the professionals who work with short sales on a daily basis and who eat, drink, play and sleep real estate day in and day out, she listened to her "trusted friend" who knows nothing about real estate. What a shame.

At any rate, I don't want to go into all the inaccurate info dispensed by the friend other than to address one thing... he insisted that all short sales take 9 months to a year to close and she would be wasting her time with it.

FACT: Not all short sales take a super long time to get approved and closed.

In fact, some are processed relatively quickly and with little hassle. (Now, don't misunderstand... there are some that take several months - even up to 6 months - but those are becoming more the exception than the rule.) If you are in the middle of a short sale, you should be prepared to exercise patience and to just go along with all the seemingly ridiculous requests the lender makes to send them documents that you've already sent 3 times before, etc. Be patient, work with a professional real estate consultant who has experience and knows what they are doing and stick to the game plan.

Now, just which lenders do process short sales the fastest?

 

Fortunately, not all lenders/servicers are the same when it comes to dealing with short sales. RealtyTrac recently compiled a list of data showing which ones tend to move through the process quicker and for less.

Their data shows that Fannie Mae, Freddie Mac and FHA loans had the shortest timelines. Ally Financial was second and PNC Financial Group came in third. Wells Fargo (with whom we've had pretty good experiences) came in 4th followed by New York Mellon, Bank of America (in our experience, Bank of America is very inconsistent... some are processed fast while others seem to drag on forever), and Sun Trust.

Recently, Fannie Mae and Freddie Mac came out with new guidelines, effective June of 2012, requiring servicers to respond within 30 days of receiving a short sale offer or a borrower application. We are hopeful that this guideline will be strictly adhered to by all. Bank of America recently announce that they will provide a decision on a short sale offer within 20 days -- I remain skeptical about this, given our past experiences with Bank of America. Let's hope they are able to deliver on this goal.

Contact us for more information about short sales or any real estate related questions. If you have a legal question, we will arrange a consultation for you with one of the areas finest real estate attorney.


 
 
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ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

3 comments • Tim and Susan Fennell, Jacksonville Real Estate • April 27 2012 08:02AM

Summer House Condo #1201 For Sale

 
100 FAIRWAY PARK BLVD Unit: 1201,PONTE VEDRA BEACH,
FL 32082
Bedrooms: 1
Bathrooms:
List Price: $ 59,900
Living Area Approx: 633
WHAT A GREAT INVESTMENT
 
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SUMMER HOUSE CONDO OFFERS THE BEST OF PONTE VEDRA BEACH!

Wade In The Water or enjoy the sand on the beach near this fabulous Ponte Vedra Condo next to Sawgrass and the Players Club.

What a great time to buy in Ponte Vedra Beach! The opportunity to own a condo like this at such a low price is NOW! This fabulous end unit is tucked away towards the back of the development but close to the clubhouse and pool. The unit, itself, overlooks a beautiful Oak Bridge golf course fairway and provides a feeling of privacy. PVB offers some of NE Florida's finest schools, restaurants, golf courses and entertainment facilities.... not to mention the beautiful beaches.

The Beach is Almost at Your Back Door!
The data relating to real estate for sale comes, in part, from the Broker Reciprocity Program of the NE Florida Multiple Listing Service.Information Deemed Reliable But Not Guaranteed.

The Legends of Real Estate, REALTORS®


ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

1 comment • Tim and Susan Fennell, Jacksonville Real Estate • April 17 2012 04:51AM

Is the Jacksonville, Florida Housing Market Improving in 2012?

 

Is The Housing Market Improving
In 2012? 

This is the question I hear more often than any other: "Is the Housing Market Improving in 2012?" As would be expected everyone has a different opinion. That's because nobody has a crystal ball so no one can know what the future holds for certain.

What we can know is how the market has been trending over the past 12 months. What we need to look for are positive signs pointing toward a recovery in the housing market. So, are there positive signs? Is the housing market improving in 2012?

As of January, 2012, the National Association of Realtos reported the housing inventory of for sale homes has fallen to its lowest level since March of 2005. And, in the Jacksonville market that trend has continued throughout the first quarter.

Nationwide, the absorption rate is down to a six-month supply. Jacksonville is just a little above that average although continuing to trend in a positive direction. The absorption rate chart shows how long the current inventory of properties would last at the current rate of sales.

Meanwhile, total home sales rose 13%, nationally, in the last six months according to another industry report. Jacksonville has been pretty stable over the past 12 months. National trends and other local indicators are encouraging signs to me that Jacksonville will see an upturn in this statistic over the next 6 months as well.

My answer to the question, "Is the housing market improving in 2012" is a confident "YES, the housing market is improving in 2012."

With continued low mortgage rates, buyers are better positioned to get the best deals right now. Those who gamble and wait in hopes that prices will decrease are likely to be kicking themselves in a few months. Even if prices did drop (or remain stable, which is more likely) when mortgage rates increase it is going to cost buyers more. 

Buy low; sell high...... buy now.

 

 
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ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

0 comments • Tim and Susan Fennell, Jacksonville Real Estate • April 16 2012 07:42AM

746 S Granada Blvd. Jacksonville, FL For Sale

 
746 South GRANADA BLVD,JACKSONVILLE,
FL 32207
Bedrooms: 3
Bathrooms: 2 full
List Price: $ 335,000
Living Area Approx: 2021
Desirable Neighborhood! Extremely Well Maintained Stunning Interior #
 
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WONDERFUL ORIGINAL OWNER HOME IN GRANADA!

3 SPACIOUS BEDROOMS --- FAMILY ROOM WITH FIREPLACE --- KITCHEN WITH BREAKFAST ROOM

LARGE SHADY BACKYARD WITH ROOM FOR POOL OR PLAYSET.

2 CAR ATTACHED GARAGE AND THE WONDERFUL GRANADA NEIGHBORS - NOT TO MENTION GRANADA PARK!
The data relating to real estate for sale comes, in part, from the Broker Reciprocity Program of the NE Florida Multiple Listing Service.Information Deemed Reliable But Not Guaranteed.

The Legends of Real Estate, REALTORS®


ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

1 comment • Tim and Susan Fennell, Jacksonville Real Estate • April 11 2012 01:35PM

Immaculate All Brick Home for Rent in Mandarin - Jacksonville, FL
--- FANTASTIC ALL BRICK HOME FOR RENT IN MANDARIN ---
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KIDS HAVE CRAZY SCHEDULES?

Keep it together living near the schools in this all brick home only a short drive to The Avenues Mall and more. SPECIAL TIMES await you in this ranch style 3 bedroom / 2 bath all brick home with fireplace, eat in kitchen, formal dining and large fenced back yard.

Enjoy more time for yourself and your family since LANDSCAPE & LAWN MAINTENANCE is included in the rent.
4016 TOBIN DR,
Jacksonville, FL
3 Bedrooms
Bathrooms: 2 full
List Price : Get Current Price
Living Area Approx : 1717
I want to see this property.

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The data relating to real estate for sale comes, in part, from the Broker Reciprocity Program of the NE Florida Multiple Listing Service.Information Deemed Reliable But Not Guaranteed.

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ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

0 comments • Tim and Susan Fennell, Jacksonville Real Estate • April 05 2012 01:24PM

14737 Falling Waters Drive - Bartram Springs - Jacksonville, FL

Click here to see more pictures and detailed information.
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MLS#: 615709
Licensed In:
FL
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  The data relating to real estate for sale comes, in part, from the Broker Reciprocity Program of the NE Florida Multiple Listing Service. Information Deemed Reliable But Not Guaranteed.

The Legends of Real Estate, REALTORS®

ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

1 comment • Tim and Susan Fennell, Jacksonville Real Estate • March 24 2012 03:32PM

Carters Grove Lane - Home for Sale - Jacksonville

 

WOW!! AMAZING HOME -- TOTALLY UNIQUE -- GORGEOUS LOT!

 
 
 
 

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13832 Carters Grove Lane

Jacksonville, FL 32223

Bedrooms: 4

Bathrooms : 2 (2 full)

List Price: $264,900

Living Area Approx : 2700

 
 

Sngl. Fam.-Attached, Traditional - JACKSONVILLE, FL

Beautiful full brick home on gorgeous lot located in desirable Mandarin neighborhood. This homes shows extremely well and within past year many items have been upgraded. Home includes washer, dryer & refrigerator. Spacious rooms for family gatherings. Beautiful wood flooring in sunroom located on rear of home overlooking treed lot.

Did we mention the GORGEOUS LOT?

 
 

Feature List:

MLS#: 595302

PropertyType: Single-Family Home

Lot Size: 0.29 acres

Stories: 1 story

A/C: Central

Heating: Forced air unit

Parking: Garage

Parking Spaces: 2

Exterior Walls: Brick

Roof: Composition Shingle

Construction: Wood

Subdivision: PLANTATION SOUTH UNIT 01

County: Duval

Tax Rate Code Area: GS

 
 
 
 
  The data relating to real estate for sale comes, in part, from the Broker Reciprocity Program of the NE Florida Multiple Listing Service. Information Deemed Reliable But Not Guaranteed.

The Legends of Real Estate, REALTORS®

 
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ABOUT THE BLOG OWNER

TIMOTHY H. FENNELL, PA

Tim FennellTim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.

His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist. 

Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.

Straight Talk in Real EstateVisit Authors Website →   

0 comments • Tim and Susan Fennell, Jacksonville Real Estate • March 04 2012 02:14PM