Real Estate

CornerStone Homes Increases On Your Lot Sales by 100% in First Half of 2011

CornerStone Homes’ successful “On Your Lot” division has experienced an astounding 100 percent increase in total sales in the first six months of 2011.  Additionally, compared to the same six-month timeframe in 2010, “On Your Lot” sales accounted for only 29 percent of the home builder’s total sales, whereas in 2011 “On Your Lot” sales account for 50 percent of total sales.

Some Real Estate Markets Boosted by FCAT Results

Some Real Estate Markets Boosted by FCAT Results

ST. JOHNS COUNTY, Fla. -- Students in St. Johns County have scored the highest in the state on the Florida Comprehensive Achievement Test for three years running.

That's not only a good indicator of how good the schools are, but also how well the area's real estate market is fairing.

According to the Northeast Florida Association of Realtors, the average home price on the First Coast so far this year is $130,000.

In St. Johns County, the average is $208,258.57. The lowest average price is $94,875 in southwest St. Johns County. The highest is $293,935 in the southern Ponte Vedra/Vilano Beach/Palm Valley/Nocatee area. 

This year St. Johns received an "A" from the state overall.  Duval County has a lower average home price and earned a "B." 

Pending Home Sales Increase Nearly 40 Percent, Actual Sales Down 10.6 Percent

Pending Home Sales Increase Nearly 40 Percent, Actual Sales Down 10.6 Percent

The Northeast Florida Association of Realtors (NEFAR) announces real estate market statistics for May 2011. Statistics encompass both single-family residential and condo sales.

A 33.9 percent year-over-year increase in pending sales (those on which contracts are written but the sale has not finalized) demonstrates strong consumer interest in homeownership. There were 1,311 pending sales in May 2010 which increased to 1,756 this May. Closed sales went in the opposite direction, declining from 1,544 last May to 1,381 this May for a 10.6 percent drop.

Future of the Excelsior Building up in the Air

Future of the Excelsior Building up in the Air

ST. AUGUSTINE, Fla. --  St. Augustine city commissioners are considering possible new purposes for the historic Excelsior Building.

The building, which was the Excelsior School, is inside the city limits but owned by the state. St. Johns County leases office space there for $300 a year.

City commissioners are in discussions today with St. Johns County commissioners about the property. The city would like to talk to the Civil Rights Museum Committee - possible about the future purpose of the building - before making a decision about the building.

Currently, some county offices are in the building as well as the Excelsior Cultural Center, but the county is interested in giving up its responsibilities to save money.

St. Johns spends $50,000 a year to maintain the building.

If that happens, the county would relocate its housing offices to another county building.


Standard Pacific Homes Launches New Samara Lakes Neighborhood

Standard Pacific Homes Launches New Samara Lakes Neighborhood

Today Standard Pacific Homes announced their newest community, Samara Lakes in North West St. Johns County, offering ENERGY STAR homes with top-rated schools, great amenities and lush surroundings.

Samara Lakes is a 245-acre serene community near the World Golf Village, with a tranquil environment of beautiful lakes and wooded home sites. This community also features the Stone Brook Park amenity center, which includes a pool, cabana, playground, basketball courts, and sports fields. Samara Lakes is located in close proximity to highly rated St. Johns County schools, incredible golf courses, shopping and beautiful beaches and only minutes from Interstate 95, the St. Augustine Outlets and a short drive to historic downtown St. Augustine and the beaches.

New Publix Coming to Vilano Beach

On January 12, 2011, officials will stand shoulder to shoulder with community and business leaders to ceremoniously “break ground” on the long-awaited Publix at the Vilano Beach Town Center. This day of celebration will have been made possible by the strong community initiative, long-term vision and investment by St. Johns County, community involvement and leadership by the North Shores Improvement Association, an award-winning public/private partnership and an impressive effort by the Industrial Development Authority to offer financing through tax-exempt recovery zone facility bonds.

Stressed Homeowner Education Seminar

What: a free seminar with industry experts on the various options for a homeowner stressed about their house situation.  There is no "one size fits all" model, so options are presented to educate the homeowner on the various choices

When: September 30, 2010

Where: Jacksonville Beach Community Center -
Located on the corner of South Beach Pkwy and Osceola Ave.

When: 7-9pm