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As June unfolds with its warm embrace, we're not only celebrating the splendor of the season but also the thriving pulse of the real estate market. Picture this: lazy afternoons in a backyard oasis or cozy evenings with sunset views from your own slice of paradise. Whether you're a seasoned buyer seeking your dream home or a seller eager to showcase your property's unique allure, this month offers boundless opportunities. So, as you revel in the longer days and balmy nights, don't forget to explore our latest listings, expert insights, and tips for navigating the vibrant real estate landscape.
Here's to June - a time for embracing both the beauty of nature and the excitement of finding your perfect home.
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Steal these 7 home buying secrets from celebrities!
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Market Overview by Willie Lane
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April showers brings May flowers. Or, in this case, more inventory! Our local stats for May are showing a 28% increase in Active inventory from April and which is more than DOUBLE what it was in May 2023. Double the active inventory from this time last year. Wow. Pending Sales are down 23% from April and Closed Sales staying flat. If you have been reading my market stats overview over the last 6-8 months I've mentioned every month that with the way these numbers are heading with the interest rates in upper 6's - low 7's that something will have to give - that "something" now appears to be home prices. We are starting to see the effects and sales prices seem to be headed down in most cases. Buyer demand remains but buyers have many options and those home sellers who are asking prices from 6 months ago are having to make price adjustments. The active agents in Northeast Florida are still busy selling which means the market is still strong but with time comes change. There are always opportunities for both Buyers and Sellers.
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Mortgage rates fell for the third straight week following signs of cooling inflation and market expectations of a future Fed rate cut. These lower mortgage rates coupled with the gradually improving housing supply bodes well for the housing market. Aspiring homeowners should remember it’s important to shop around for the best mortgage rate as they can vary widely between lenders.
-Freddie Mac
For more info click HERE
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DONUT and BEER PAIRINGS with DAD
Engine 15 Brewing
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Engine 15 Brewing
1500 Beach Blvd #217
Jacksonville Beach, FL 32250
(904) 249-2337
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Beaches Town Blvd
Neptune Beach, Florida 32266
(904) 610-4878
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Zak Morgan: The Wonder of it All
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The Florida E Forsyth St #300
Jacksonville, FL 32202
(904) 355-2787
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Lifestyle Tips and Tricks
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9 Locations where Housing Prices are Skyrocketing Post-Pandemic
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It’s no secret that real estate prices have increased substantially in the past few years, with the pandemic era of the early 2020s seeing massive spikes in home prices nationwide.
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Design Choices Sellers Might Want to Rethink
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Social media causes a lot of hype, but trends change frequently and could hurt resales. Sellers are wise to play it safe with timeless simplicity.
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6 Spring 2024 Tips for Home Buyers and Sellers
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The housing market is in a strange place this spring...
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21 Plants to Add Instant Curb Appeal
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Before you plant that "For Sale" sign in your yard, plant shrubs and flowers. to boost your curb appeal!
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Featured Listings & Sales
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115 34th Avenue South - FOR SALE!!!
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5 BD 4 BA 3,472 SF $2,695,000
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835 5th St. N - FOR SALE!
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3 BD 2 BA 1,091 SF $585,000
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587 Selva Lakes Circle
FOR SALE!
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3 BD 3 BA 1,828 SF $615,000
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3651 Peach Drive
UNDER CONTRACT!
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2 BD 1 BA 984 SF $239,900
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4620 Morris Road
PENDING!
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4 BD 3 BA 1,829 SF $359,000
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329 15th Street North
UNDER CONTRACT!
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3 BD 2 BA 1,948 SF $749,000
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14537 Stacey Road
UNDER CONTRACT
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4 BD 3 BA 2,364 SF $780,000
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329 15th Street North
UNDER CONTRACT!
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3 BD 2 BA 1948 SF $749,000
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3 BD 3 BA 1,900 SF $895,000
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4 BD 4 BA 3,606 SF $3,235,000
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525 3rd Street North, Unit 309 - PENDING!
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Coming Soon!!
14498 Falling Waters Dr
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The Lane's have been busier than ever this past month. Running around with our hair on fire but all in great ways! Here's what's been happening..
Big Congratulations to Marion for being promoted to Director with PWC. So proud and so well deserved. She's still enjoying maternity leave and will re-enter with the exciting new role in late September.
Kids are out of school and have started new sports. Wesley has showcased his basketball skills with pinpoint accuracy for the hoop while also starting a new season of his beloved soccer. Ellie is joining her big brother on the field for her FIRST season of soccer and it is terribly adorable.
June 1st we celebrated my Granny's 100th Birthday surrounded by close family and friends. 100! Simply amazing her health and the positivity to which she appraches everyday.
We moved to Neptune Beach! The Lane's are new residents of Neptune Beach as of late May and we are absolutely loving it! We found a home that better suited our needs as a family. It has been a little stressful to say the least, in several ways, but once the kids said how much they loved the new house it took away so much of the worry and stress. July should bring more peace, calmness and normalcy as we begin to feel settled and back to routines.
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Thanks for reading and subscribing! Ready to achieve your next real estate goal?
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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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