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Addressing notable racial disparities in mortgage denial rates in Jacksonville
Read full article: Addressing notable racial disparities in mortgage denial rates in JacksonvilleThere is a housing crisis in America, and it includes a significant racial disparity in mortgage access, according to studies done by a group called Reinvestment Fund.
New rules are changing the way Realtors get paid. What you should know if you’re buying or selling a home
Read full article: New rules are changing the way Realtors get paid. What you should know if you’re buying or selling a homeRealtors across the country are bracing for big changes to how they do business.
Jacksonville-based nonprofit launches affordable housing fund to boost its work in Northeast Florida
Read full article: Jacksonville-based nonprofit launches affordable housing fund to boost its work in Northeast FloridaAbility Housing, a Jacksonville-based nonprofit developer of affordable housing, announced Wednesday the launch of a fund that will help boost its work in Northeast and Central Florida.
95% of the people who got free land in Jacksonville to build affordable homes never did
Read full article: 95% of the people who got free land in Jacksonville to build affordable homes never didA report from the Office of the Inspector General (OIG) revealed that the city of Jacksonville has been giving away free land to people in an effort to build more affordable housing. However, since 2019, they failed to hold the land recipients accountable.
Jacksonville Housing Authority awarded $2.3M to help families in the workforce
Read full article: Jacksonville Housing Authority awarded $2.3M to help families in the workforceA senior official with the U.S. Department of Housing and Urban Development is visiting Jacksonville on Wednesday to join Mayor Donna Deegan and the Jacksonville Housing Authority for a funding announcement.
Time frame to report construction defects in Florida to shift from 10 to 7 years starting July 1
Read full article: Time frame to report construction defects in Florida to shift from 10 to 7 years starting July 1Florida construction law is changing, cutting the amount of time homeowners have to file construction defect claims by 30%.
TELL US: Future homebuyers, how do you think the changes in agent commissions will impact you?
Read full article: TELL US: Future homebuyers, how do you think the changes in agent commissions will impact you?A powerful real estate trade association has agreed to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their homes.
St. Johns County woman says investment company demands $20K to release home title back to her possession
Read full article: St. Johns County woman says investment company demands $20K to release home title back to her possessionSt. Johns County officials are warning the public about “real estate ransom” which consists of unethical local investors or even more organized crime groups holding the title of a home captive until the owner pays a huge fee.
‘It feels like a miracle’: Jacksonville reservist now homeowner thanks to affordable housing program with HabiJax
Read full article: ‘It feels like a miracle’: Jacksonville reservist now homeowner thanks to affordable housing program with HabiJaxA military hero will soon be moving into the house she just bought with the help of Habitat for Humanity of Jacksonville (HabiJax).
Lawsuit alleges racial discrimination in housing lending by Navy Federal Credit Union
Read full article: Lawsuit alleges racial discrimination in housing lending by Navy Federal Credit UnionVeterans who are Black say they were denied housing loans from Navy Federal Credit Union because of their race.
I-TEAM: Apartment safety expert weighs in on the law designed to hold landlords accountable
Read full article: I-TEAM: Apartment safety expert weighs in on the law designed to hold landlords accountableFollowing our I-TEAM investigation on apartment safety, the director of a company who conducts safety assessments shared his thoughts on the law that's designed to make apartments safer.
TELL US: Without saying what apartment complex you live in, tell us if you feel safe or unsafe living there and why
Read full article: TELL US: Without saying what apartment complex you live in, tell us if you feel safe or unsafe living there and whyWithout saying what apartment complex you live in, tell us if you feel safe or unsafe living there and why?
With interest rates coming down, real estate experts predict home bidding wars on the horizon in Jacksonville
Read full article: With interest rates coming down, real estate experts predict home bidding wars on the horizon in JacksonvilleIt’s the first time in almost six months that mortgage rates are below 7%. That has realtors sounding the alarm on a more competitive market in 2024.
Mayor Deegan and finance committee work to decide how to spend over $25M from remaining COVID-19 grants, city money
Read full article: Mayor Deegan and finance committee work to decide how to spend over $25M from remaining COVID-19 grants, city moneyMayor Donna Deegan's plan to spend $25 million on a variety of issues that came up during transition meetings with the public. Deegan is proposing using federal funds left over from COVID-19 and other city money to pay for programs ranging from housing, public safety, recreation and more.
St. Johns County launches rental assistance program to help low-income renters with past-due rent, utilities
Read full article: St. Johns County launches rental assistance program to help low-income renters with past-due rent, utilitiesSt. Johns County officials launched a new rental assistance program to help low-income renters catch up on past-due rent and utilities.
Study: Jacksonville houses overvalued by almost 40%
Read full article: Study: Jacksonville houses overvalued by almost 40%Limited supply and a strong demand are contributing to a major price surge for homes in Florida. A new report from Florida Atlantic University and Florida International University shows home prices in the Jacksonville area are overvalued by almost 40%.
Commissioners expected to OK plan to address St. Johns County’s affordable housing crisis
Read full article: Commissioners expected to OK plan to address St. Johns County’s affordable housing crisisSome of the biggest employers in St. Johns County, like Northrop Grumman and Flagler Health, say they are struggling to find workers because of the lack of affordable housing.
Institutional investors buying rental houses ‘serious problem’: COJ report
Read full article: Institutional investors buying rental houses ‘serious problem’: COJ reportThe I-TEAM found more than 9,600 houses across Duval County are owned by such investors — their real estate investments generate wealth for clients, rather than local families.
Could Duval be heading for a housing crisis? Jacksonville among 7 Florida cities cited in new study
Read full article: Could Duval be heading for a housing crisis? Jacksonville among 7 Florida cities cited in new studyLocal realtors are responding to what a study conducted by a national research team called “alarming signs” that could show a housing crisis is in the future for cities in the Sunshine State.
St. Johns 1 of 26 counties in nation deemed unaffordable for single-family home: Report
Read full article: St. Johns 1 of 26 counties in nation deemed unaffordable for single-family home: ReportSt. Johns County is one of 26 across the nation to make a personal finance website’s report of single-family homes that have been deemed unaffordable to those making the area’s median income.
I-TEAM: Rent increases in Jacksonville are among the highest in the country
Read full article: I-TEAM: Rent increases in Jacksonville are among the highest in the countryAccording to real estate brokerage firm Redfin, the Jacksonville metro area had the ninth fastest-rising rent in the country, ahead of Florida cities like Orlando and Tampa.
WATCH | Episode 2: Solutionaries tackles affordable housing crisis
Read full article: WATCH | Episode 2: Solutionaries tackles affordable housing crisisEpisode 2 of “Solutionaries” tackles the lack of affordable housing across America and highlights the people and organizations who are working to solve the crisis.
You paid HOW much over asking? Tell us your wild housing market stories here
Read full article: You paid HOW much over asking? Tell us your wild housing market stories hereWe’ve all heard about it by now: Houses are selling like crazy (and they have been for quite some time), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
5 ways to make your home more environmentally efficient, sustainable
Read full article: 5 ways to make your home more environmentally efficient, sustainableThere’s often no place like home, although that sentiment can sometimes fade when a house starts to rack up energy bills and breaks down in places over the course of time.
While ‘bridge’ shelter just opened, city is hurrying to find solutions before it closes
Read full article: While ‘bridge’ shelter just opened, city is hurrying to find solutions before it closesJACKSONVILLE, Fla. – The temporary shelter that opened for people moved from a homeless camp along Union Street on Monday will be open for 27 more days. The Temporary Bridge Shelter, being managed by Changing Homelessness and the City Rescue Mission, was donated by Jacksonville real estate company JWB. The city said its goal is to bring an “end to homelessness,” but there is concern a new homeless camp could spring up when this facility closes early next month. While the Temporary Bridge Shelter is open for a total of 30 days, there have already been individuals that have been placed in a variety of housing solutions that meet their particular needs. Despite the homeless camp that grew downtown early this year, the Jacksonville officials say homelessness has been decreasing in city.
Hard times hitting home? Here are ways to avoid foreclosure amid pandemic
Read full article: Hard times hitting home? Here are ways to avoid foreclosure amid pandemicDuring a time in which some people are being furloughed or have lost their jobs altogether, the reality of foreclosure can become a scary thing.