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This Week in Jacksonville: Business Edition - Ever considered investing in a garage makeover? Maybe, you should.
Read full article: This Week in Jacksonville: Business Edition - Ever considered investing in a garage makeover? Maybe, you should.In this episode of This Week in Jacksonville: Business Edition, we’re talking with Paul Anderson about Garage Living Jacksonville, and what you can do with a smaller investment in remodeling.
Unexpected expenses that can come with selling a home & the home updates that are the best return on your investment
Read full article: Unexpected expenses that can come with selling a home & the home updates that are the best return on your investmentRight now, predictions are that a more balanced housing market might be on the horizon after interest rates peaked last fall at 7.7%. They’re now hovering at about 7%.
‘Home Alone’ house on sale for 2nd time since iconic movie was filmed
Read full article: ‘Home Alone’ house on sale for 2nd time since iconic movie was filmedLocated on 671 Lincoln Avenue in Winnetka, Illinois, the house hit the market over the weekend for the second time since the 1990 film was released.
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits
Read full article: Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuitsA real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide.
Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits
Read full article: Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuitsReal estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions.
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.
Metros where homes are selling for the most under asking price
Read full article: Metros where homes are selling for the most under asking priceThere are still metro areas where homebuyers find homes selling below the asking price, especially in markets that recorded large price growth over the last few years.
Home sales have dropped to dramatic lows, families being priced out of housing market
Read full article: Home sales have dropped to dramatic lows, families being priced out of housing marketFor the first time since the foreclosure crisis in 2010, home sales have dropped to dramatic lows. And climbing interest rates mean some families are being priced out of the market.
Pets over partners? Gen Z focused on Fido’s comfort when it comes to buying home, survey finds
Read full article: Pets over partners? Gen Z focused on Fido’s comfort when it comes to buying home, survey findsIf you’re a member of Gen Z, you’re more likely to prioritize your pet’s happiness over your partner's when it comes to buying a home, according to a recent Zillow survey.
Facing high rent in Florida? Experts say vacation rentals could be part of the problem
Read full article: Facing high rent in Florida? Experts say vacation rentals could be part of the problemThe News4JAX I-TEAM found that short-term vacation rentals are helping to drive up traditional rents in Northeast Florida, and it's not just in tourist hot spots.
Report: Ex-Jag Gardner Minshew sells Ponte Vedra Beach home for $890K
Read full article: Report: Ex-Jag Gardner Minshew sells Ponte Vedra Beach home for $890KFormer Jacksonville Jaguars quarterback Gardner Minshew II sold his St. Johns County home for $890,000 on Oct. 14, according to a report from our news partner the Jacksonville Daily Record.
An old high school gym turned into a home? You’ll have to see listing to believe it
Read full article: An old high school gym turned into a home? You’ll have to see listing to believe itOne portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.
Callahan couple devastated, discovered dream home was listed on Zillow without their consent
Read full article: Callahan couple devastated, discovered dream home was listed on Zillow without their consentA Callahan couple was shocked to find out that their property was listed on Zillow without their knowledge when a realtor came to their residence and started pictures.
Homebuyers backing out of contracts at highest rate since start of pandemic
Read full article: Homebuyers backing out of contracts at highest rate since start of pandemicHomebuyers are backing out of their contracts at the highest rate since the start of the coronavirus pandemic, according to a new analysis.
Board approves conceptual designs for Jones on Hogan development
Read full article: Board approves conceptual designs for Jones on Hogan developmentThe Downtown Development Review Board has unanimously approved the conceptual design plans for the Jones on Hogan development, according to a news release Wednesday from Corner Lot.
Most Americans don’t think now is a good time to buy a home, according to new Gallup poll
Read full article: Most Americans don’t think now is a good time to buy a home, according to new Gallup pollRising home prices are making it hard for people to buy, and most Americans are now saying it's time to wait.
Influx of remote workers causing strain on St. Johns County housing market, expert says
Read full article: Influx of remote workers causing strain on St. Johns County housing market, expert saysRemote workers continue to flock to Northeast Florida. In St. Johns County, about 20% to 25% of new residents are remote workers, according to the county’s Chamber of Commerce.
Rising rent: Local woman says rent increased by hundreds from when she moved in 3 years ago
Read full article: Rising rent: Local woman says rent increased by hundreds from when she moved in 3 years agoKelsey Christ told News4Jax that she has lived there at the Luxor Club on the southside for three years.
North Florida housing market showing signs of moderation, industry expert says
Read full article: North Florida housing market showing signs of moderation, industry expert saysFor months, News4JAX viewers have been sounding off on the skyrocketing costs of rent and the steep prices to purchase a home.
How the government is addressing housing issues
Read full article: How the government is addressing housing issuesAs part of an initiative to create more affordable housing and an increased inventory of homes, President Joe Biden recently announced his administration wants to make single-family homes less available to investors.
How did the housing market get so crazy? These 4 reasons help break it down
Read full article: How did the housing market get so crazy? These 4 reasons help break it downIt’s been a strange time, living through a global pandemic. What first might have come as a surprise, is the housing boom that followed -- and the fact that things have stayed red hot.
Report: Inventory, sales of new homes show slight increase in July
Read full article: Report: Inventory, sales of new homes show slight increase in JulyThere are understandable concerns from homebuyers about inventory and sky-high prices, but there might have been recent some encouraging news to help alleviate those worries.
Your wild home-buying, selling stories: These 17 help paint the picture
Read full article: Your wild home-buying, selling stories: These 17 help paint the pictureWe’ve all heard about it by now: Houses are selling like crazy (and they have been for quite some time now), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
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.
St. Johns County homebuyers encountering stiff competition, high prices
Read full article: St. Johns County homebuyers encountering stiff competition, high pricesST. JOHNS COUNTY, Fla. – Real estate in St. Johns County is booming right now. Homebuyers are encountering stiff competition and high prices. 97Park Real Estate owner and broker Karen Zander said the coronavirus pandemic is changing the St. Johns County’s real estate landscape. Homes on the market are selling quickly in St. Johns County. Zander said another option is to buy inventory homes, which used to be a great option but are now no longer available.
Report finds more people recently moved to Jacksonville area despite pandemic
Read full article: Report finds more people recently moved to Jacksonville area despite pandemicJACKSONVILLE, Fla. – Even in a pandemic, Jacksonville is attracting more people to move to the city. The report says more people are leaving the giant metro areas, such as New York and San Francisco, and making cities like Jacksonville their home. It says the net arrivals for those two cities have fallen more than 20% from April to August, while the Bold City’s arrivals are rising. For some people, it has, and cities, like Jacksonville, are reaping the benefits. The report says the Bold City’s net arrivals are up to 10.7%, especially with the addition of jobs.
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.
Ready to tackle home improvement projects now that you finally have some time? 5 tips
Read full article: Ready to tackle home improvement projects now that you finally have some time? 5 tipsMore time at home has turned into more of an opportunity to do various home improvement projects, although that sometimes can be dangerous. Scott Frankel, co-president of Frankel Building Group in Texas, offered five tips for those who are currently attempting or about to start home renovation projects while quarantined. They aren’t things that are going to necessarily wow your neighbor, but they need to be done.”Don’t bring in outside workers. It’s a real easy way to throw your back out or slip off of a ladder.”Clean out items you don’t need anymore. “When you go to a professional and you say that this is what you want to do, your ideas are organized,” Frankel said.