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A Look at Some 3rd Qtr. Market Stats

October 2, 2023 By Scott Sandberg Leave a Comment

Let’s see what the housing market did in Del Webb Ponte Vedra, the Nocatee Town Center communities and Rivertown.

As we head into the year end, let’s a take a look back at what happened with housing in the 3rd quarter with a few popular northeast Florida communities.

Del Webb Ponte Vedra

14 Properties were Listed
3 Properties went Under Contract (Contingent)
4 Properties moved to Pending Status
24 Properties Sold

Nocatee Town Center Communities

11 Properties were Listed
2 Properties went Under Contract (Contingent)
12 Properties moved to Pending Status
20 Properties Sold

Rivertown

19 Properties were Listed
3 Properties went Under Contract (Contingent)
7 Properties moved to Pending Status
23 Properties Sold

Interested in knowing how your community fared in the 3rd quarter (or any timeframe, really)? Drop us a line and we’ll give you the stats.

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Just Sold in Walden Chase

August 7, 2023 By Scott Sandberg Leave a Comment

Under contract and sold in Walden Chase in Ponte Vedra, Florida. Interested in homes for sale in this popular community? See what’s available below:

Nocatee Market Stats – July, 2023

August 1, 2023 By Scott Sandberg Leave a Comment

What happened in the Nocatee housing market in July? Let’s take a look at the numbers:

Take a look at the details below:

For a little historical perspective, here are the numbers from last July:

Nocatee Housing Market Stats, July, 2022

Interested in finding out how many homes sold or came on the market in your neighborhood? Get in touch with us…

Three Unexpected Obstacles that Could Put Your Home Sale or Purchase in Jeopardy

July 19, 2023 By Scott Sandberg Leave a Comment

Plan for the unexpected and you’ll get to the closing table faster, and with less stress!

How to Weather Today's Changing Housing Market

Some of the issues that can hold up the sale or purchase of a home can be relatively predictable. A home inspector finds an issue with the home that no one was aware of previously. Or, there’s a home to sell contingency and the buyer can’t get their current home sold. Maybe there’s a hiccup with financing.

Lately, however, there are a few other potential issues that home buyers and sellers should have on their radar, as well:

Insurance Guidelines
If you’re buying or selling a home with an older roof, HVAC system, water heater or other important systems, homeowner’s insurance can be a hurdle for the buyer. Here in Florida, an older roof can be especially problematic, as insurers are hesitant to write a policy on home with a roof that’s 15 or more years old (and for a little while, that number was closer to 10 years old). Old water heaters and A/C systems can also be a problem, as can galvanized pipes and certain brands of electrical panels/fuses.

[Read more…]

Welcome to the New (Old) Normal

October 24, 2022 By Scott Sandberg Leave a Comment

What home buyers and sellers need to know now to succeed in the market

By now, it’s clear we’re in the middle of a housing market adjustment. Which means that some of the strategies being employed by buyers and sellers as recently as 6 or 8 months ago are now out the window. It’s time to adjust to the “new” normal, which, in reality, is beginning to look a bit more like the “old” normal, prior to the pandemic.

What’s changed? Quite a bit, but for now, let’s focus on some of the highlights:

Mortgage Rates are Up
Mortgage rates are hovering around 7%. Compare that to the beginning of this year when rates were closer to 3.5%. The result is diminished buying power, meaning home buyers will need to come out of pocket with more cash to get the same home, or look at lower priced listings to get something they can afford.