NE FL Home Sales Report Mixed

A recent monthly report from the Northeast Florida Association of Realtors had mixed results as home sales and prices were down in August as compared to July, but pending sales were up and at their highest point in nine years.  One month does not a market make, as Willy Shakespeare, William’s cousin once said, so probably nothing more than just a statistical blip.  One definite trend continues – lender-mediated homes (foreclosures, short sales, lender-owned) has dropped from 60% a few years ago to 35% last August and 24% last month.  Roger Bull of The Florida Times-Union has the story.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on September 15, 2014, in Market Reports/Statistics, Residential, The Florida Times-Union and tagged , , , . Bookmark the permalink. Leave a comment.

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