Grace Hughes' Real Estate Jacksonville Beach and Jacksonville, FL | Beach Homes, Beach Condominiums, Buying a House, Selling a House

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Grace Hughes
REALTOR®
    Years of Experience: 6

    GRI: Graduate REALTOR® Institute
    e-Pro Certified
    Loss Mitigation Specialist

Direct: (904) 233-1341



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Keller Williams Realty Atlantic Partners
Jacksonville, FL


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Posts Tagged ‘Jacksonville Beach Condo’

Affordable Single-Family Homes and Condos Have Returned to Jacksonville Florida and the Beaches of Florida

Monday, January 17th, 2011

Affordability in single-family homes and condos returned to Jacksonville Florida and the Beaches of Florida in 2010. A good indicator of this fact is more than 50% of all homes sold in the Jacksonville, Florida area in 2010 were purchased by First Time Home Buyers.  This was higher than the national average of 40%.  Last year first time home buyers could once again afford to purchase nice single-family homes in neighborhoods that were previously out of their reach financially.  This means it is a great time for “anyone” to purchase in the Jacksonville, Florida area markets!  This means it’s time to buy that second home or beach-front property you have been wanting to purchase!

According to Florida Realtor statistics five years ago affordability was one of the greatest challenges facing the Florida housing market.  Home prices were rising annually at a rate of 15 to 25 percent.  The state of Florida’s median sales price had reached $248,300 for single-family homes and $211,300 for condos.  However since the peak of 2006 sale prices have fallen more than 40%.  Now that sales have increased this year and prices have begun to stabilize in many areas listing inventories are shrinking as more buyers have taken advantage of the markets by purchasing homes in Jacksonville and surrounding communities.

Find A Place With Style and Grace! Call or contact Grace Hughes, Realtor, GRI,e-Pro, LMC at 904-233-1341

To Search Homes in North East Florida Realtors Multi-Listing market, go to www.FindaPlaceWithStyleNgrace.com.

You can send a text to Grace at 904-233-1341

Free and Easy Fix-ups To Sell Your Home in Jacksonville and Jacksonville Beach, Florida

Monday, March 15th, 2010

If you put your home on the market without preparing it for sale, you may have a long wait.  You also may not realize your home’s greatest return on investment.  Here are a few tips to get you started toward selling that home:

1.  Spruce up all around the home.  Keep the lawn and shrubbery trimmed and free of bicycles and other clutter.

2.  Keep the garden beds weeded and mulched.

3.  Put a flowering pot on the front step and keep it watered and trimmed.

4.  Fill potholes in your driveway and tidy up walkways.

5.  Clean off your outdoor furniture; remove any rust or toss out the rusted items.

6.  Clear out the garage of everything but cars.  If yours has become a two-car attic, throw out the excess.

7.  Straighten gutters, the mailbox, the fence and other things that sag.

8.  Fix doorbells, tighten loose doorknobs, and oil squeaking hinges.

9.  Repair broken windows and shutters.

Hope this will help you get started.  I’ll address some ideas for the inside of your home with my next blog entry.

If you would like some suggestions and you are not sure where to put your time and money, feel free to give me a call and I’ll be happy to make some suggestions.  My email is gracehughesjax@gmail.com or feel free to call at 904-233-1341.  My web site where you can find all homes listed for sale in the Northeast Florida Multi-Listing Service is: www.FindaPlaceWithStyleNgrace.com.

Owning a Home Vs Renting – Advantages & Disadvantages in Jacksonville & Jacksonville Beach, Florida

Sunday, March 7th, 2010

Advantages of Owning a Home In Jacksonville or Jacksonville Beach, Florida

  • Equity builds over time
  • Real Estate Taxes are Deductible
  • Sense of Security and Stability
  • Can Decorate, Remodel, Paint as you like
  • Homes Can Appreciate in Value
  • Housing Payments Are Usually Fixed
  • The Payment Rate Whether Fixed or Adjustable is Your Choice
  • In a Buyers Market Some or All Closing Costs could be paid by the Seller

Other Thoughts You Must Consider Before Purchasing a Home in Jacksonville or Jacksonville Beach, Florida

  • You are Responsible for the Upkeep and  Maintenance Costs
  • Property taxes must be paid either once a year or escrowed and paid monthly
  • Mortgage payments can be equal to or even higher than rental payments if you purchase too much home
  • Must pay closing costs, real estate transfer taxes and other application fees or plan for these costs if seller doesn’t pay them

Real estate markets and deals vary from city to city and state to state.  Do not purchase a home on a whim, even if you know it is ”the one’.  Ask your real estate professional to help you determine it’s market value and the value of the homes around it.

I live and work in the heart of Jacksonvlle and  Jacksonville Beach, including Duval and  St John’s  County and can help you run a report from the Multi-Listing database to determine the best offer to make on the home.  My web site which is updated by the MLS daily is:  www.FindaPlaceWithStyleNgrace.com.  You can search for properties by going to the Property Search page.

Call me at 904-233-1341 to find out how I can help or email or text me at: gracehughesjax@gmail.com

There is No Bell at the Bottom! However Jacksonville & Jacksonville Beach, Florida Home Sales Could Be There!

Monday, September 7th, 2009

I have used this phrase to emphasize a point. The point being how often someone tells me about the one home they didn’t purchase when they had a chance; the home they wished they had purchased due to it’s current “much higher” value!  Unfortunately we will not hear a bell and the government can not say, or know,  when we reach the bottom of the real estate market in Jacksonville, Florida, Jacksonville Beach, or anywhere else.  However,  if you have been considering purchasing that single-family home, condominium, second home, or, you are a first time home buyer, and you are interested in this data for this very reason, please find it below.  This area and the State of Florida data is compelling, and so makes me think the bell should possibly be shined up a bit…so here you are:

State of Florida Home Sales 7/09  Compared to 7/08  + 28% Jacksonville Florida Home Sales +16% Same Period

Other areas and cities:     Daytona Beach+20%   Ft Lauderdale+35%   Ft Myers+137%   Ft Pierce+27%   Ft Walton Beach+15%   Lakewood+14%   Melbourne+14%   Miami+54%   Ocala+63%   Orlando+38%   Panama City+15%   Tampa+21%

Average Interest Rate Ending period Sept 3, 2009:  30 yr Fixed - 5.08% Freddie Mae

Low mortgage rates are helping to keep housing affordable, according to government housing VP and chief economist, Frank Mothaft.   Seven of the top eight most affordable months for purchasing a home have occurred during the last twelve months, with the Most Affordable months being tracked since 1971!  As a result, pending sales of existing homes rose for the sixth straight month in July of this year, and July sales were the strongest since June 2007.   Call me with any questions about property, homes or financing.

All Single-Family Homes and Condominiums Available in the MLS, as well as Short Sales and Foreclosures are available on my web site at: http://FindaPlaceWithStyleNgrace.com.  My email is: gracehughesjax@gmail.com.  My Direct contact number is 904-233-1341 with questions.

Before You Purchase That Dream Home In Jacksonville Florida There Are A Few Things You Should Know

Wednesday, September 2nd, 2009

Actually there are many things you need to know about a home before you make a purchase, and here are “just a few” of the questions you need to have answered before moving forward with that purchase of a home:

  • What is the neighborhood (and your neighbors) like?  Are there certain area features that would affect the value of this property after you buy or in the future?
  • What are the realty taxes on the home and what are the costs of utilities?
  • What home repairs have been made in the past three years?
  • How far do I have to travel for schools, public transit, and shopping?
  • What major repair expenses do I have to look forward to after the purchase or within two years after purchase?
  • Are there any utility easements or encroachments over the property?
  • Is there a fairly recent survey that shows all the buildings and additions on the property?
  • Has the property had a Home Inspection done when the present owners bought that you could check to see what minor and major problems there were?  Have your Realtor ask for a list of these problems, if there were any.
  • Has the homeowner signed a Property Disclosure statement?

My goal is to have you fully informed before you make a costly home buying decision! If there are any of the above questions that you don’t have a clear answer to for any home in Jacksonville you are considering purchasing – call me, and I will see what I can do to find the answers for you.  All of my services come with a satisfaction guarantee – and are completely free of charge to you.  If you would like a “Complete” list of questions to ask, please respond by email to gracehughesjax@gmail.com or call direct to 904-233-1341 and leave a message, or send a message with a blog entry.  My web site: http://FindaPlaceWithStyleNgrace.com.  (more…)

Jacksonville Beaches Living – Ocean Views – Spacious “Florida” Terrace Home With Awesome Views!

Tuesday, September 1st, 2009
NEW CONSTRUCTION, RED OAK FLOORS, GRANITE & MANY UPGRADES!

NEW CONSTRUCTION, RED OAK FLOORS, GRANITE & MANY UPGRADES!

BEAUTIFUL TOWNHOME!  -  3 bedroom  -  3 baths                              $ 590,000
2300+ SQ FT   Granite – Wood Floors - Open Flr Plan
Florida Terrace – Stucco – Garage
NORTH BEACH  in Jacksonville Beach, Florida 32250
mls #463698
New construction town home in the heart of the beaches with ocean and beach views.  Real gourmet island kitchen w/ custom cabinets, granite counters & lots of high end finishes through out. Red oak wood flooring & stairs.  Spacious ”Florida” terrace with great ocean views. This is not your typical town home, open floor plan w/ unique features & upgrades!

OCEANFRONT CONDOMINIUM HOME – JACKSONVILLE BEACH, FLORIDA at 2002 price of $524,500!!

Tuesday, August 25th, 2009

waterford-condominiums-1221-north-1st-street-jax-beach- OCEAN FRONT CONDOMINIUM IN JACKSONVILLE BEACH FLORIDA AT A GREAT PRICE FOR “ANY” OCEANFRONT HOME OR CONDO!- GREAT BUY FOR SECOND HOME BUYER, TOO  -

-  3 BEDROOM – 2 BATH CONDO HOME - End Unit  $524,500

- OCEANFRONT VIEWS From Every Room - 1700 Square Feet -

- Beautifully appointed - with Granite, Marble & Wood - mls#474862

- The Waterford Condominiums at Jacksonville Beach, Florida

- Call Grace Hughes, Realtor, GRI, e-Pro, LMC with EXIT Real Estate Gallery - 904-233-1341 or email at gracehughesjax@gmail.com.  See all MLS Listings at: http;//www.FindaPlaceWithStyleNgrace.com

ARE YOU “UNDERWATER” WITH YOUR MORTGAGE? OWE MORE THAN YOU CAN SELL YOUR HOME FOR IN THE CURRENT REAL ESTATE MARKET?

Thursday, August 6th, 2009

First quarter data from 2009 reflects that 20% (Zillow.com) of all homeowners in the United States are in this situation. Being underwater is a term used meaning, if you were to sell your home in today’s real estate market, you would need to bring money to the closing table, unless your lender agrees to take less than is owed.  Some areas of the states including California, Las Vegas, Nevada and two areas of Florida indicate even higher numbers than 20%.  The local Jacksonville, Florida market sales data reflects about forty to fifty percent of all sales are either homes in the Short Sale process (pre-foreclosure) or they are bank owned, the foreclosure has already taken place.  Then it is called an REO property.
So what should you do if you are nearing this situation?  You have lost your job, have to transfer to get a better job, getting a divorce, or in any situation that will impact your income negatively?

First, call your lender immediately and explain exactly what is happening with your financial situation.  Banks will sometimes go for a loan modification, however, they are less likely to do this if you have already missed payments.  Additionally many loss mitigation specialists or loan work-out specialists are over- loaded with files due to the market as it is.  So it will take some persistence and negotiating on your part, and possibly on the part of an experienced real estate agent to get their attention and reach an agreement.  However, do persist even if there is a slight chance they will work out some kind of settlement.  It is better than having a foreclosure on your credit report.
Currently I have several listings in the Short Sale process, so if you are needing someone to talk with about the Short Sale process, feel free to give me a call.  The price in your area or neighborhood will reflect whether the sale price will be lower than the dollar amount you owe on your property.   I can do the research and let you know the area market price.  I can also help you make contact with the lender to see how they will respond to a Short Sale process being put in place.

You can reach me by clicking on the blog entry box to the right to send a message or send an email to gracehughesjax@gmail.com.  Call me at 904-233-1341 with questions.

My web site is: http://FindaPlaceWithStyleNgrace.com.

Short Sales or Foreclosures or any Home? It is a great time to buy a home in Jacksonville, Florida!

Thursday, July 30th, 2009

With Interest Rates Low and a Good Selection of Homes, It’s A Great Time to Purchase a Home in Jacksonville Beach and the greater Jacksonville, Florida area!

The National Association of Realtors reports pending home sales show a sustained uptrend rising for four consecutive months with very favorable housing affordability and a First Time Home Buyer credit boosting activity.  The last time there were four consecutive monthly gains was in October of 2004.  The NAR chief economist said, “Rises in contract activity show buyers are becoming more active, even as they face much more stringent loan underwriting standards.”

Some buyers are purchasing Short Sale homes that are being sold for less than the amount owed on the property.  If your agent approaches the distressed homeowner of any Short Sale property with sensitivity to their situation this improves the odds an agreement can be reached and helps the lender because the lender can remove a non-productive asset or potential foreclosure from their books.  There is also a better chance one can negotiate to get repair cost covered after a Home Inspection when a home is in the Short Sale stage as opposed to Foreclosure stage.  It can take a few weeks to ninety days to get an acceptance or rejection from the lender however it can pay off in the long run.

Pre-Foreclosure or Short Sale? The most important point is the need for you to work with a Realtor that is experienced in handling these types of sales.  I will be happy to advise whether you have a question or a comment, plan to purchase, or need to list your home as a Short Sale.  You can reach me by email at gracehughesjax@gmail.com or call at 904-233-1341 with questions.

I will cover Auction, REO and Foreclosure properties with my next blog.

Click here for Short Sales and Foreclosures in Jacksonville Beach.

Go to my web site at http://FindaPlaceWithStyleNgrace.com.  Be sure to check the boxes for Short Sales and Foreclosures in any other areas of town.

Buyers BEWARE: Know the Competitive Market Price of the Area or Neighborhood Before You Purchase a Home!

Friday, July 10th, 2009

If you are considering the purchase of a home in a specific area or neighborhood, talk to people in the neighborhood, pick up fliers from the Real Estate Professionals’ Listed homes, as well as the For Sale by Owners’ homes. Talk not only to the area home owners but to service people, like home builders or remodeling specialists, insurance agents and mortgage brokers or others that may have some contacts in your specific area or neighborhood. Additionally your computer gives you a wide choice of web sites. However be wary, for some of the information you may glean from the Internet may be skewed due to age or various other reasons.

The value of a home depends on so many things, in addition, of course, to the latest sales in the area or neighborhood. Like, for instance, the square footage, the age of the home, the size of the lot, the location of the lot in the neighborhood, the lot amenities, the neighborhood amenities, the home amenities, the materials used, the quality of the work, etc. I may have missed a few items and I am not a professional appraiser, however, please realize, as a Realtor®, I work with the MLS (Multi-Listing Service) daily and know how to find up-to-the-minute sales data in your neighborhood, even the homes that have been sold For Sale By Owner, if they have closed.

The absolute best way to know you are paying a competitive price is to ask a Real Estate Professional to do a search for you requesting the latest sales in the neighborhood. Many people do not realize a Realtor® can request a specific sub-division or neighborhood by name, like Jacksonville Beach or Atlantic Beach, or Deerwood Estates or Kernan Chase. If there have been no sales in the neighborhood, then the real estate agent will search the greater area of the town or city you want. This type of search is done in the same database a Real Estate Appraiser uses to find the latest market data. This doesn’t mean Real Estate agents are Appraisers because there are so many factors that can impact a home’s value. It just means we are certified to access the data for you, explain how to analyze it and apply it , and have it available, if you decide to make an offer. The Multi-Listing database search is called a Certified Market Analysis or Competitive Market Analysis, a CMA in Realtor® lingo.

So please know if you are relocating to this area, have been planning to downsize to a condominium or smaller single family home, or, if you are a First Time Home Buyer, you will get the very latest home sales data from me before you make a offer. As a Real Estate Professional, I make this promise to you. I can be reached at gracehughesjax@gmail.com or give me a call on my business number at 904-249-6545, and ask to be connected to my cell phone.

To find homes listed for sale in the Jacksonville or Jacksonville Beach MLS area, or the Greater Jacksonville five county MLS area, including Atlantic Beach, Ponte Vedra Beach and Neptune Beach, log onto my web site at: www.FindaPlaceWithStyleNgrace.com or call me Direct at 904-233-1341.

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