Real estate blog entries tagged with underwater in mortgage by Leslie Jones, The Jacksonville Home Connection (www.JacksonvilleHomeConnection.com, Keller Williams Realty)

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Home : Blogs : Leslie Jones, The Jacksonville Home Connection : Leslie Jones, Realtor, is the Jacksonville Home Connection : Tag "underwater in mortgage"

underwater in mortgage: Homeowners Owe More Than House is Worth - 08/13/10 12:36 PM

Oh my goodness!!! North Florida is underwater! New data is showing that almost half of homeowners in the Jacksonville, FL area owe more on their loan than their house is worth in the current market. Zillow.com reported that about 48.9 percent of Jackonsonville single-family homes showed negative equity in the second quarter of 2010. Jacksonville homes have lost more than one-third of their value since the peak in August of 2006. The current median price for a home is now at the 2004 levels. It is scary that Jacksonville's negative equity rate is more than twice the national average.What does this … (3 comments)

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Leslie Jones, The Jacksonville Home Connection

Jacksonville, FL

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www.JacksonvilleHomeConnection.com, Keller Williams Realty

Address: 2960 Halycon Ln #102, Jacksonville, Fl, 32223

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Leslie shares real estate news, homes for sale in Jacksonville, and information on Jacksonville events. Go to her web site and find all the links you will need to know about living in Jacksonville, Florida. Go to www.JacksonvilleHomeConnection and make it a favorite.

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