Diversity And Demographics In Jacksonville Florida
Where a home is located is almost just as important as the home itself.Whether you are a first-time homebuyer or are relocating to Jacksonville,it is essential to take a deep dive into your potential future neighborhood.Homeownership is often a long-term relationship therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Jacksonville is 35.9,split between 48.4 percent male versus 51.6 female.The percentage of residents who report being married in Jacksonvilleis 42.6, with an average family size of 3.22.
The percentage of residents who report their race in Jacksonville is as follows:
| White |
| 3% |
Jacksonville Real Estate Facts And Amenities
Jacksonville, Florida, which is located precisely in the northern part of Florida, has about 15,361 properties in foreclosure. During September 2018, the number of foreclosure filings increased by 8% from August 2018 and declined by 1% from the year before, which is not much of a difference. Home sales declined by around 50% in August 2018 from July 2018 and 44% from the year prior. Non-distressed homes are sold for an average price of $121,000 and a distressed home is sold for $64,900. This is 46% lower than the average price of a distressed home, which makes up somewhat for the high number of foreclosure properties. Jacksonville, Florida is that state’s largest city and is both a major commerce and military deep-water port. It also is a good place to go to the beach and is a thriving metropolitan area in Florida.
Home Value Estimator For Orlando Fl
There are currently 272,632 real estate properties in Orlando, FL,with a median automated valuation model price of $277,000.00. What is an AVM? It isa smart computer program that analyzes and predicts the approximate value of a home,property or land in Orlando, FL, based on current market trends, comparable realestate sales nearby, historical data and, of course, property features, among othervariables. These automated home estimates are often very helpful, providing buyers andsellers with a better idea of a homes value ahead of the negotiation process. For example,the average home price in Orlando, FL, is $313,876.00, with the most expensive housein Orlando, FL, topping out at $29,200,000.00 and the cheapest home in Orlando, FL,clocking in at $20,800.00. In other words, theres something for every potential homebuyeror savvy investor in Orlando, FL!
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Foreclosure Listings Subscription Sites
RealtyTrac. Theres a free 7-day trial after that, its $49.95 a month, with discounts on multi-month packages. Members get access to RealtyTracs proprietary information, including auctions dates and locations, pre-foreclosure addresses, owner information, bank loan amounts and more.
Foreclosure.com. After the free 7-day trial, its $39.80 per month. Subscribers receive detailed information on the listed properties, tax roll data, files provided by the lender, local school districts and other listing details.
Top Reasons To Live In Orlando Fl In 2023
Orlando is located in Orange, Florida,with an estimated municipal population of 287,442 residents.All of the best foreclosed homes for sale in Orlando are located in the following zipcode areas on Foreclosure.com: 32829 32827 32824 32822 32804 32805 32806 32807 32801 32803 32808 32839 32835 32832 32819 32811 32814 32812 32802 32853 32854 32856 32861 32862 32872 32877 32885 32886 32891 32897.The estimated population per square kilometer in Orlandois 1,003.
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Foreclosures For Sale In Jacksonville
There are currently 12 foreclosures for sale in Jacksonville at a median listing price of $320K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in Jacksonville stay on the market for 59 days and receive 1 offers. Popular neighborhoods include Deerwood, Springfield, Murray Hill, Duval, and The Woods. This map is refreshed with the newest listings in Jacksonville every 15 minutes.
Cost Of Living In Orlando Fl
So, about how much do homes cost in Orlando?The most recent median value of resident-owned homes in Orlandois 238,013.An estimated 35.4 percent of households in Orlando own their homes,with an average family size of 3.25.The median household income in Orlando is 51,757,with21.2 percentage of households earning at least $100,000annually.For working parents and professionals who are searching for cheap homes in Orlando,the median commute time of resident workers is 26.1.And last, but certainly not least, are you looking for homes to rent in Orlando?If so, the average rent price paid by renters in Orlandois 1,196, according to recent statistics.
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Top Reasons To Live In Jacksonville Fl In 2023
Jacksonville is located in Duval, Florida,with an estimated municipal population of 911,507 residents.All of the best foreclosed homes for sale in Jacksonville are located in the following zipcode areas on Foreclosure.com: 32224 32225 32226 32227 32220 32221 32222 32223 32228 32219 32218 32217 32216 32211 32210 32212 32246 32244 32233 32234 32209 32205 32202 32250 32254 32257 32256 32208 32206 32207 32258 32277 32204 32099 32201 32203 32214 32229 32231 32232 32235 32236 32238 32239 32241 32245 32247 32255.The estimated population per square kilometer in Jacksonvilleis 470.
Job Opportunities In Jacksonville
Many industries have found success in Jacksonville, FL. Some of the most significant sectors include Advanced Manufacturing, Finance and Insurance, Information Technologies, Life Sciences, and Logistics and Distribution.
This city is an important transportation hub with a port that ranks as one of the two top vehicle-handling ports in the nation. With three military bases, it has a significant military presence with an annual economic impact of $6.1 billion.
There are also various Fortune 500 companies with headquarters in Jacksonville. Some are CSX , bringing in annual revenue of $11 billion, Fidelity National Financial with $9.5 billion in revenue, and Fidelity National Information Services with $9.2 billion in annual revenue. The top private employers in this city are Baptist Health , Bank of America , and Florida Blue .
The average annual salary is $60,000 or $16.70 an hour. The unemployment rate as of March 2020 was 4.3%.
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Foreclosure Homes In Orlando Fl
Find the best foreclosure homes listings for sale bank-owned, government and others in and near the Orlando, FL area atForeclosure.com.Get information on foreclosure homes for rent, how to buy foreclosures in Orlando,FL and much more.Save thousands at closing with home foreclosure listings in Orlando,FL up to 75% off market value!
Real Estate Agents Brokers And Property Services
Respres/flickr via Wikimedia Commons
The age of property agents being secretive about foreclosures, preforeclosures, distressed properties, and REOs is long gone. Nowadays, listing these types of properties is just another way to attract buyers. Thats why most real estate services now offer easy access to their databases of distressed properties, such as these:
- Realtor.comThe officially licensed home for the National Association of Realtors provides free access to its property search engine. Predefined filters pull out foreclosures, properties that have seen price reductions, and affordable homes in communities you search. Youll also find recent news and insights about distressed properties.
- TruliaOffers a well-designed search system that includes a predefined filter for finding foreclosures in communities you search. To find foreclosures using Trulia, perform a basic search by town, then use the More search filter and select Foreclosures for the type of sales listing.
- ZillowHere, youll find a foreclosure center with access to advanced search capabilities using a number of criteria, including by cost , neighborhood, and more. Buying guides, FAQs, and even a guide for those who may be facing foreclosure round out Zillows offerings.
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What Does Reo Mean
Florida foreclosure property is usually referred to as REO property by people in the business, including real estate brokers and real estate agents. REO stands for Real Estate Owned and these are properties that have been foreclosed upon by the bank. The bank acts as owner of the home or condo. The property is considered an asset on the banks balance sheet. When a bank sells a piece of property you can expect some not so friendly terms in the sales contract .
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Reasons To Move To Orlando Florida In 2023
Prospective homebuyers are clearly taking advantage of the low interest rates and numerousgovernment assistance programs. These low interest rates mean homebuyers in Orlandocan now afford much more house for the same monthly payment . Motivated andopportunistic sellers in Orlando, meanwhile, can field multiple offers from morequalified buyers.
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The Cost Of Living In The City
The cost of living in Jacksonville is 5% lower than the national average. Houses are valued at an average of $309,524, and the average monthly rent is $969.60. Utilities can cost about $250 a month. The average phone bill is $165. Gas prices fluctuate daily but average to about $2.53 a gallon. You can expect to pay $3.34 for a loaf of bread, $1.95 for a gallon of milk and $1.82 for a carton of eggs.
Overall, food and groceries are equal to the national average. Healthcare costs are 13% lower than the national average. A doctor’s visit may cost you about $97, a dentist appointment costs $83, and a visit to the vet for your pet is about $50. The combined state, county, and city sales tax rate is 7%.
Bank Foreclosures Sale Offers Jacksonville Government Foreclosures Too
We have an extensive number of options for bank owned homes in Jacksonville, but besides the name Bank Foreclosures Sale, a huge part of our listings belong to government institutions. You will find Jacksonville HUD homes for sale, Freddie Mac foreclosures, Fannie Mae foreclosures, FHA properties, VA foreclosures and other kinds of government repo homes in Jacksonville, FL.
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Pros And Cons Of Living In Jacksonville Florida
How do you know that living in — or moving to — Jacksonville is right where you need tobe?Perhaps you grew up in Jacksonville or already live nearby therefore,the decision to buy a home in Jacksonville is a no-brainer.For others, however, it may not be such a straightforward or simple decision.Whether you are relocating to Jacksonville for work or just looking for a fresh start,getting a read on a neighborhood from afar can be tricky… and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for salein Jacksonville:
- What type of neighborhood environment do you prefer?
- What types of shopping ,restaurants and businesses would you like nearby?
- What leisure-time activities do you enjoy?
- What type of commute do you seek?
In short, it always helps to create a Pros vs. Cons list of what you need in a home and/or neighborhoodlike Jacksonville.
Real Estate Brokers And Real Estate Agents And Foreclosure Sales
Real estate brokers and real estate agents in Florida must adhere to specific laws and regulations when dealing with the sale or purchase of a foreclosure property or one close to foreclosure. For details on what real estate agents are mandated to reveal, read our earlier post, Disclosures to Home Buyers: Florida Statute 475.278 and the Real Estate Agent Relationship.
Remember, foreclosures are lawsuits. Real estate agents are not lawyers. Neither are real estate brokers. Its a crime in the State of Florida for either a real estate broker or a real estate agent to practice law, or to hold themselves out as a member of the legal profession. See, Florida Statutes 454.23.
Foreclosure properties, especially those in Florida, are almost always burdened with legal issues.
- Does the bank really have legal title to the property?
- Are their liens?
- Are their hidden defects?
- Were there defects in the foreclosure lawsuit that makes the case vulnerable to challenge by the defaulting seller / owner of the home?
Even if you think its all smooth sailing, there are still legal hurdles to jump in a foreclosure sale of a home or condo here. Consider the contract forms youll face from the bank.
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Foreclosure Homes For Sale In Jacksonville Fl: Everything You Need To Know
Jacksonville has a populous of 911,507 and a land area of 747 square miles. This results in a population density of 1,100 people per square mile. The city’s racial profile comprises 58.7% Whites, 31% Blacks, 4.8% Asians, and 9.6% Latinos amongst other races. About 78,967 veterans are living in Jacksonville.
The average household has 2.57 persons, and the average age of residents is 35.7 years old. The median household income is $52,576 a year.
Notice To Our Visitors
Our site does not guarantee the availability of any property listed herein. The number of available foreclosure properties in our database varies with market conditions.
Due to the federal moratorium on foreclosure evictions during the pandemic, our supply of foreclosure listings is currently low. Please consider looking at other types of properties available here on our website, such as short sales and pre-foreclosures. These types of properties can offer great opportunities for real estate investment.
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About Foreclosed Homes In Jacksonville Fl
One of the jewels of the sunshine state, Jacksonville offers a bounty of warm, fun-filled relaxation and adventure. Featuring a state of the art convention center, an abundance of fishing charters and a stunning planetarium, Jacksonville offers more to do than visitors and residents can imagine! Bountiful real estate opportunities, including neighborhoods like Riverside and Mandarin, offer savvy investing options of foreclosures for sale. Jacksonville features a massive brewery, several beautiful parks, zoos and a Riverboat, bringing superior value to any single family home, apartment or commercial building development, often found at cheap prices. Take advantage of these opportunities and start searching for foreclosed homes for sale in Jacksonville, FL now!
Rent Prices In Orlando Fl
With the expiration of certain local, state and federal housing-related restrictions andmandated programs, the rental market in Orlando, FL, is on a rollercoaster ride. Theaverage rent price in Orlando, FL, is $1,570.00. Indeed, when looking to rent inOrlando, FL, you can expect to pay as little as $540.00 or as much as $5,740.00,with the average rent median estimated to be $1,480.00. The good news is that findingan affordable and desirable property to rent in Orlando, FL whether its apartments,townhomes, condominiums or single-family homes is made easier with knowledge of thelocal market and, of course, a little patience.
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Buy Foreclosure Houses Apartments & Condos In Jacksonville
ForeclosureDeals offers a solid database of Jacksonville bank owned foreclosure homes and Jacksonville government foreclosed homes for sale from federal agencies such as: HUD, VA, FHA, Freddie Mac, Fannie Mae, USDA. These Jacksonville repossessed homes can be found in a number of ways, such as pre foreclosures, short sales, foreclosure auctions, flipping homes, bankruptcies and home foreclosures for sale in Jacksonville, FL. Our up-to-date real estate foreclosure listings in Jacksonville offers cheap distressed properties for buying & investing, in a great variety of properties like commercial & residential, multi & single family homes, lands, condos and apartment foreclosures in Jacksonville area.
Sheriff Sale Homes In Jacksonville Fl
Buy foreclosure homes for sale in Jacksonville, FL, right now on Foreclosure.com for up to 75% off market value. We currently have 54 of the hottest foreclosure deals in Jacksonville, FL, of all prices, sizes and types, including bank-owned, government and many others. Learn how to buy foreclosed homes in Jacksonville, FL, with no money down and gain exclusive access to hidden distressed real estate listings in Jacksonville, FL, 10 to 180 days before they hit the mass market. Be first with Foreclosure.com find free foreclosure listings in Jacksonville, FL, before anyone else. Don’t overpay for your next home in Jacksonville, FL. There are 54 discounted homes for sale in Jacksonville, FL we think you’ll love.
54 homes available
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Tax foreclosed homes are available for pennies on the dollar – as much as 75 percent off full market price !
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Be sure to act fast and be persistent because the best tax deals might disappear as soon as tomorrow. These one-in-a-lifetime real estate deals are that good.
1 – 1054
4 Bed| 3 Bath| 2,791 Sq. Ft.
1 – 1054
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