Jacksonville Real Estate News

 

Feb. 20, 2024

Jacksonville Real Estate Update 10-29-23

 

 

 

Hello, Hope your week is going great!
                      Spooky season is here. Halloween is Tuesday of next week but this weekend is for Florida/Georgia!
The full lineup of what's going on with "The Worlds Largest Cocktail Party"  can be found here - but the one thing that caught my eye, tomorrow at the baseball grounds there is an exhibition game and afterwards a 90's party featuring Vanilla Ice, Tone Loc & Young MC fireworks will follow.

One hundred and eleven homes came on the market in the past 24 hours here in NE Florida - Keep up on
the newest home listings in Jacksonville by clicking here.


Foreclosures:
 There are 32 foreclosed properties on the market right now you can see all of them here.

News:
Pending home sales nationwide rose just over 1% in September.

Sellers:
Staying on top of the value of your home has never been easier, our family real estate team has partnered with Homebot to get you the most up to date info on your home and your equity position.
Stay on top of the value of your home - Here

Mortgage News:
After reaching 8% last week, rates dipped just under that to 7.90% this week.
If you need info on obtaining a mortgage click here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387
 
 
 
 
 
Click the image above if you are a current real estate agent or are someone who is thinking of getting teir real estate license.
 
Find Out More About Jacksonville Real Estate
 




Call The Broxson Team at 904-260-3787
Posted in news
Feb. 20, 2024

Jacksonville Real Estate Update 10-5-23

 

 

 

Hello, Hope your week is going great!
The Jacksonville Jaguars play in prime time tonight vs the New Orleans Saints. So that really opens up the weekend for other events going on here on the First Coast. Two of my favorites are the Sea and Air Show on Saturday  & Jacksonville Zoo has Spooktacular going on all weekend.

Also that means there will probably be tons of open houses on Sunday between 1-4pm. If you would like a list of Open Houses in specific areas of NE Florida, just shoot me an e-mail here.



Foreclosures:
 There are 26 foreclosed properties on the market right now, they are located all over JAX & you can see all of them here.


Mortgage News:
It finally happened rates crossed 8% yesterday. I'm not going to go into the obvious blow this is for affordability but I will say, there are options out there for rate buy downs, creative financing etc. If you would like to connect with a very smart, savy and honest mortgage broker e-mail me here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move by the end of the year, let's connect now. I would love to be of assistance and am planning out my calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
Below is information on a 100% financing option available - If you would like a list of homes that qualify e-mail me here
 
 
 
 
Find Out More About Jacksonville Real Estate
 




Call The Broxson Team at 904-260-3787
Posted in news
Feb. 20, 2024

Jacksonville Real Estate Update 10-5-23

 

 

 

Hello, Hope your week is going great!
                   Unfortunately I did not win the powerball last night, so I'm back at work providing you with the latest updates on real estate happenings in NE Florida. Fortunately I love what I do! Did you know that I have partnered with Builder Home Site? I did so,, to help those looking to choose a builder or new community- you can dig into all of the new homes Jacksonville has to offer here -
Many Builders are buying down rates significantly to help homeowners purchase the home of their dreams with a payment they can afford- contact me directly here to learn more
Foreclosures:
 There are 25 foreclosed properties on the market right now, they are located all over JAX & you can see all of them here.


Mortgage News:
The average rate on a 30 year crossed 7.72% this week



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move by the end of the year, let's connect now. I would love to be of assistance and am planning out my calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
 
 
 
 
 
Find Out More About Jacksonville Real Estate
 




Call The Broxson Team at 904-260-3787
Posted in news
Feb. 20, 2024

Jacksonville Real Estate Update 6-15-23

 

 

 

Hello, Hope your week is going great!
                   Happy Birthday to our great city, Jacksonville turns 201 years young today. When the "city" was founded there were  just about a dozen residents within the city limits. Duval has come a long way over the past two centuries. With just over a million beautiful souls calling her home today. As the city continues to expand, new homes are being built everyday. I have partnered with Builder Home Site to help those focusing on choosing a builder and new community- you can dig into all of the new homes Jacksonville has to offer here - Foreclosures:
 There are 24 foreclosed properties (A few HUD properties as well) on the market right now, you can see all of them here.


News:
Speaking yet again of new homes, Lennar announced yesterday that they have raised their full year forecast for home deliveries. Builders are rightly taking advantage of the lack of resale inventory.

Mortgage News:
Interest rates dropped slightly lower after hitting 7%  down to 6.7 from 6.8 last week. Applications are up this week 8%
If you need info on obtaining a mortgage click here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move this summer, let's connect now. I would love to be of assistance and am planning out my summer calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
 
 
 
 
 
Find Out More About Jacksonville Real Estate
 




Posted in news
Feb. 20, 2024

Jacksonville Real Estate Update 6-7-23

 

 

 

Hello, Hope your week is going great!
                   Our local Realtor system (the MLS) has 5,500 homes for sale right now, out of that number 1,473 are considered new construction! There is an often overlooked advantage to new construction. Yes, you get a builders warranty, never been used appliances and that new home smell but you also get a sense of community. In a new development, everyone is in the same boat, so to speak, so it's a fresh start not just for you but your neighbors. Many times moving into an established community you may feel like an outsider, especially if moving from out of state, but when moving into a brand new community everyone is an outsider. Check out the 1,000+ new homes in NE Florida here 

 
 
Foreclosures:
 There are 17 foreclosed properties (A few HUD properties as well) on the market right now, you can see all of them here.


News:
Speaking of new homes, Toll Brothers stock and some of the other largest builders stocks are at all time highs. Many think there will continue to be a shortage of resale housing inventory so naturally builders will have to build more.


Mortgage News:
Interest rates dropped slightly lower after hitting that 7% number a few weeks ago, down to 6.8 from 6.9 last week. Applications are down again week over week and 27% off of what they were same time last year.
If you need info on obtaining a mortgage click here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move this summer, let's connect now. I would love to be of assistance and am planning out my summer calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
 
 
 
 
 
Find Out More About Jacksonville Real Estate
 




Call The Broxson Team at 904-260-3787
Posted in news
Feb. 20, 2024

Jacksonville Real Estate Update 6-1-23

 

 

 

Hello, Hope your week is going great!
                   Welcome to June 1, 2023 in the year of our Lord &  the start of the 2023 hurricane season here in Florida. Here's my possibly unpopular opinion, out of all of the natural disasters, I'll take a hurricane over most. My reasoning is they generally move slow and give you time to prepare vs say a tornado, forest fire, or an earthquake. In NE Florida, if you choose to evacuate, it's much easier than other parts of the state.  Florida allows a tax holiday on disaster preparedness which is going on now until June 9th. You can see the full list of the very large range of products that qualify here form the Florida Dept or Revenue
 
On to real estate-
 

Foreclosures:
 There are 21 foreclosed properties on the market right now, you can see all of them here.


News:
Our local May data is available - The average sales price went up 1% to an average of $442,241- with average days on the market at 67 - The average days on the market here in NE Florida was climbing for the past 6 months or so, but it's going down a bit now, meaning demand is picking up. The number of sold properties is down about 20% from same time last year and new listings are down a whopping 25%


Mortgage News:
Average interest rate for a 30 year fixed rate is just under  7% and seem to be dropping a bit, applications were down week over week, I expect that to change on next weeks data.
If you need info on obtaining a mortgage click here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move this summer, let's connect now. I would love to be of assistance and am planning out my summer calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
 
 
 
 
 
Find Out More About Jacksonville Real Estate
 




Call The Broxson Team at 904-260-3787
Posted in news
May 26, 2023

Jacksonville Real Estate Update 5-25-23

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Hello, Hope your week is going great!
                    It's the unofficial start of Summer! Memorial Day Weekend is upon us. Did you know that Jacksonville is home to the second largest Memorial Wall in the US? The Veterans Memorial Wall near the stadium is only second behind the Vietnam Veterans Memorial in DC, the City of Jacksonville will observe Memorial Day at 8:30 am on Monday at the location.
Also, the Jacksonville National Cemetery will hold it's own observance on Saturday at 9am.
As always in Jacksonville & St. Augustine the beaches will be packed this weekend so locals may choose to stay in downtown  at Jazzfest which starts today!
 
On to real estate-
 

Foreclosures:
 There are 25 foreclosed properties on the market right now, you can see all of them here.


News:
April Pending home sales didn't change much but nationally pending sales are down 20% year over year. Next week, we'll have local data available which I'm looking forward to reviewing.


Mortgage News:
Average contract interest rate for a 30 year fixed rate just crept over 7% Mortgage applications dropped only  4% week over week.
If you need info on obtaining a mortgage click here.



Have a great rest of your week, please give me a call if you ever need anything.

Thanks

Wes Broxson
Realtor® | Broker Associate
EXP Realty
904-716-3387

P.S
If you are thinking of making a move this summer, let's connect now. I would love to be of assistance and am planning out my summer calendar now. Give me a call or reply to this e-mail and lets get a game plan worked out for your move.

 
 
 
 
 
 
Find Out More About Jacksonville Real Estate
 



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Call The Broxson Team at 904-260-3787
Posted in news
May 18, 2023

Daily Deals 5-18-23

Jacksonville Real Estate Deals

So I may have used this one in the past or maybe it went under contract before I could post itbut it's back on the market- I really like the location for the price - appears to need a lot of cosmetic stuff but maybe if you can close quickly this might be something for you in you are looking for waterfront

5-18-23 Daily Deal

 

** Disclaimer:

I am not promoting that these properties are of a specific value or have something that makes them more or less desirable than other properties. I am not the listing agent for these properties. I scour the MLS daily looking for specific properties that may be of interest to my clients, these properties have peaked my interest for certain reasons, I am posting them for my clients to view and I am happy to elaborate on those reasons with my clients either on the phone or in person. Feel free to call or e-mail me at your convenience. - If you would like to receive these deals via e-mail daily - click on the below and write in Daily Deals


Contact Us

 

Posted in Daily Deals
May 11, 2023

JAX Real Estate Update 5-10-23

Jacksonville Daily Deals

Two properties today,  both in sought after areas, one is a HUD the other a traditional sale

 

Check out Daily Deals here

 

 

** Disclaimer:

I am not promoting that these properties are of a specific value or have something that makes them more or less desirable than other properties. I am not the listing agent for these properties. I scour the MLS daily looking for specific properties that may be of interest to my clients, these properties have peaked my interest for certain reasons, I am posting them for my clients to view and I am happy to elaborate on those reasons with my clients either on the phone or in person. Feel free to call or e-mail me at your convenience. - If you would like to receive these deals via e-mail daily - click on the below and write in Daily Deals


Contact Us

 

Posted in Daily Deals
May 8, 2023

Daily Deals 5-8-23

Jacksonville Real Estate Deals

Looking at these bigger homes I think there could be some value here - see the properties here

 

** Disclaimer:

I am not promoting that these properties are of a specific value or have something that makes them more or less desirable than other properties. I am not the listing agent for these properties. I scour the MLS daily looking for specific properties that may be of interest to my clients, these properties have peaked my interest for certain reasons, I am posting them for my clients to view and I am happy to elaborate on those reasons with my clients either on the phone or in person. Feel free to call or e-mail me at your convenience. - If you would like to receive these deals via e-mail daily - click on the below and write in Daily Deals


Contact Us

 

Posted in Daily Deals