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lake city fl economic conditions: Foreclosures are Selling Fast (in case you didn't know) - 08/10/09 01:44 PM
Foreclosure bargains are disappearing...Some houses go under contract less than 90 minutes after they're put on the market, says the founder of Foreclosure.com http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=221235 Here in Lake City, FL similar case as well.... 41 home listings in Columbia county, Lake City FL are Bank, Foreclosure, or Short Sales, That is out of 433 total home listings... Only 10% of the listings... 164 homes sold this year in the county... 58 of those were Bank owned, Foreclosures, or Short Sales... Again roughly 30% of the market is this... Chad.
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lake city fl economic conditions: Recovery on the way in Florida. - 04/21/09 02:59 PM
Here is some great news..., yes buyers get in there & start making your move. Well priced properties are selling quick. - Chad Stewart - Lake City, FL
RECOVERY ON THE WAY?Housing Predictor - which monitors over 250 residential property markets nationwide - says Florida appears to be emerging from the realty slump before any other state, including California. The Sunshine State is seeing population growth, and single-family home and condominium sales have been on the rise for more than six months. Foreclosures and short sales presently account for approximately 67 percent of all sales and often are not included in … (0 comments)
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lake city fl economic conditions: Update on Home Affordibility. - 01/01/09 04:27 PM
Wow!! the National Association of Realtors just released the affordibility index for November 2008, it has reached 142... On this index the higher the number the more affordable it is to buy a home based on interest rates, median home prices, and median income ... This truly is one of the best times financially to purchase a home even compared to anytime in the past 20 to 30 years!!! Great rates, Great prices, things are looking good for 2009.
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lake city fl economic conditions: Lake City FL Ranks #2 in Florida on a Forbes article. - 11/12/08 05:04 PM
I thought this was well worth blogging about for Lake City FL area.
Forbes recently ranked about 141 "micropolitan" towns for thier ability to weather the current economic crisis based on income, unemployment rates, poverty ranking, mortgage debt, and education.
Lake City, FL ranked #2 in Florida!!! only behind Key West.
Out of the 141 micropolitan towns in the survey Lake City ranked #95 overall with the higher number better.
Here is a link to the Lake City Reporter Article.
http://www.lakecityreporter.com/articles/2008/11/09/news/doc49166a61004de174884352.txt
Here is the chart from Forbes
http://www.forbes.com/2008/10/09/cities-vulnerable-towns-forbeslife-cx_rr_1009vulnerable_chart.html
Hope you find this info interesting, if so, drop me a quick note.
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Chad Stewart
Lake City,
FL
More about me…
Rockford Realty Group
Address: 496 SW Ring Ct, Lake City, FL, 32025
Office Phone: (386) 867-1782
Cell Phone: (386) 867-1782
Email Me
Chad Stewart is a Real Estate Pro in Lake City, FL. This blog is about real estate in Lake City, FL & also a few Tech tips
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