There are many reasons why to use a Realtor with new construction. I have heard tons of horror stories about customers being taken advantage of by their builder. Unsuspecting people believe that the builder or the builder's site agent will look out for the customers best interest. Unfortunately, this is far from the truth!

Recently, many of my customers have been asking more about waterfront property. From an investment standpoint this is now one of the best times to purchase waterfront property around Jacksonville, Florida! I am currently assisting many people who are looking for navigable waterfront or oceanfront properties. It is almost surprising how far the values have decreased since the economic downturn. With the St Johns River, Intracoastal Waterway, Nassau River, Atlantic Ocean, and the many other canals and lakes in the surrounding area we have an extremely high level of waterfront properties. 

In the recent weeks we have experienced increasing interest rates that have dramatically affected potential home owners' purchasing power. I believe that the rates will go back down but that it might not be until August or September before they go back down into the 4's. Historically, the peak for rates appears mostly in the summer months.

This blog is intended to provide information from within the residential real estate industry here in Jacksonville and the surrounding areas. These areas cover all of Duval, Clay, Nassau, & St. Johns Counties.