real estate market: Housing Affordability In Jacksonville Near Record High - 08/25/11 09:10 AM
According to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI),  housing affordability is near it’s highest level in 20 years.  This is great news for people in the market for their first home or someone looking to own a vacation home or investment property. 
The Housing Affordability Index has a value of 100 when the median-income family has sufficient income to purchase a median-priced existing home.  A higher index number indicates that more households can afford to purchase a home.  The HAI is calculated using the following formula:
HAI = ( Median Family Income / Qualifying Income ) … (2 comments)

real estate market: Talk of Mortgage Interest Deduction Gives Buyers Cold Feet - 11/23/10 09:09 AM
It's no secret that the federal government is running up a huge budget deficit.  The media has done a great job of showing the President proclaiming that giving tax breaks to the rich is irresponsible.  What has not received much publicity is a proposal drafted by the presidents Deficit Reduction Commission for Comprehensive Tax "Reform".  (Reform sounds better than increase)  Page 26 of the proposal covers "Individual Tax Reform" where there are two items near and dear to homeowners.  If enacted this "Reform" would:
• Repeal state & local tax deduction, cafeteria plans, and miscellaneous itemized deductions
• Limit mortgage deduction … (0 comments)

 
Lucien Vaillancourt, Jacksonville Florida Real Estate (Native Sun Realty, Inc.)

Lucien Vaillancourt

Jacksonville Florida Real Estate

Jacksonville, FL

More about me…

Native Sun Realty, Inc.

Address: 9951 Atlantic Blvd, Suite 106, Jacksonville, FL, 32225

Office: (904) 994-0493

Mobile: (904) 994-0493

Email Me



Links

Archives

RSS 2.0 Feed for this blog