JAX…”Diamond in the Rough”

Check out this article published today from The Architect’s Newspaper...Jacksonville is poised for growth – not without challenges –but with ‘room to grow’ and drawing companies that are increasingly adding knowledge workers.  A good combination.  And Ponte Vedra Beach? Well it is our ‘jewel’ in this crown!  Read article here.

Get In The Game!

It’s that time of year, join us to play golf or attend our cocktail party with proceeds going to Baptist Medical Center Beaches and Mayo Clinic of Jacksonville. Look for our ad in this weeks Ponte Vedra Recorder.  Want more info, and to sign up? Click here.
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I will never forget

I will never forget where I was, as I was about to board a plane to NYC, from Atlanta. To all the loved ones lost that day, and since then, we love you and will never, ever, forget you.
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Sellers Remain Hesitant to List

In a recent article in Realtor® Magazine a report sited that a majority of homeowners are reluctant to sell because: they are underwater still on their mortgages, home prices haven’t gone beyond the pre-recession levels, or they haven’t found their next home.  They also say: “They’re also telling us they need more information about their markets, pricing, and specific home improvement in order to list.”

This is what we do for our clients. Let us help you with the right information so you can make the right decision about the next step/phase in your life.  Give us a call.  Mandy Morrow 904-229-7825

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The Players Championship!

The 2015 Player’s Championship starts tomorrow! Yes, it is that time of the year…when all the golfing world’s eyes are focused on Ponte Vedra Beach!  The official tournament starts tomorrow, Thursday through Sunday.  For more information, go to PGATOUR.COM  See  Mandy Morrow, REALTOR® with the Morrow Group / Coldwell Banker Vanguard Realty’s ad in the Ponte Vedra Recorder’s TPC Players Championship 2015 Guide!

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Selling this year? Read this now.

It’s in, the 2015 Cost Vs Value report for home remodelers.  Where should you put your renovation dollars if you are seeking more immediate returns on your investment? This report will give you a good idea, and it is broken down by regions around the country.  Jacksonville, Florida is one the regions that is broken out here.
According to the Remodeling 2015 Cost vs. Value Report for data provided for the Jacksonville, Florida area, the remodeling projects are broken down into two categories. The three ‘Midrange’ project types that provide the most costs recouped are: Entry door replacement (steel); Garage door replacement; and Stone Veneer accenting. 96 to 100%+ of costs recouped for seemingly ‘little’ projects such as those. For those projects labeled ‘Upscale,’ the three projects that provide the highest return are: Siding replacement (fiber-cement); Window replacement (wood); and again in the top, for those homes that need more than your ‘basic’ doors, Garage door replacement. 75 – 86% of costs recouped for the ‘larger’ remodel projects. This is not to say that enclosing that sunroom, or updating your owner’s bath will not benefit you when it is time to list your home or investment – merely that not all remodeling is equal and when on a limited budget, there are usually some things that will give you a greater return than others when the papers are signed. © 2015 Hanley Wood, LLC. Complete data from the Remodeling 2015 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.

So if you are thinking of selling your home this year; take a look at this report, but also give us a call. We do provide as part of our listing services, an assessment of where the ‘biggest bang for your buck” is spent for more immediate returns, if your plans are to sell this year. Give us a call: 904-229-7825

Homebuyers need to act now

Homebuyers need to act now

CHICAGO – Feb. 4, 2015 – Homebuyers need to move fast if they want to spend less, according to Jonathan Smoke, chief economist at realtor.com.

“Delayed purchases will only result in higher monthly mortgage payments as prices and rates rise,” Smoke writes. Realtor.com forecasts that affordability may decline as much as 10 percent over the year.

The Federal Reserve continues to remind the financial markets that it plans to raise its target federal funds rate this year, which will cause mortgage rates to rise. Many economists predict that 30-year fixed-rate mortgages will average near 5 percent by the end of the year.

For now, mortgage rates are near historical lows for homebuyers and homeowners. Freddie Mac reported last week that the 30-year fixed-rate mortgage averaged 3.66 percent (last year at this time it averaged 4.32 percent), and 15-year fixed-rate mortgages averaged 2.98 percent (a year ago, it averaged 3.40 percent).

“Right now, the Fed is using the word ‘patient’ to describe its approach to picking the time to raise the target rate,” Smoke notes. “However, when the Fed ‘loses patience,’ rates will go up at least 20 to 40 basis points in anticipation of the target rate officially going up. … So, buyers beware: The clock on these low mortgage rates may be ticking.”

Source: “2015: Buy Now, Before the Fed’s Patience Ends,” realtor.com® (Jan. 30, 2015)

© Copyright 2015 INFORMATION, INC. Bethesda, MD (301) 215-4688

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Looking for something fun to do with the family this Holiday Season?

National Geographic calls St. Augustine’s Nights of Lights “One of the World’s 10 Best Holiday Displays.”
Enjoy an evening out with the family in historic downtown St. Augustine and let the magic take you over as you walk through the millions of white lights that will be illuminating the old town until February 1st, 2015. Sip on some hot cider while one of many trolleys take you on a tour through the city, or cozy up in a warm blanket and go back into time while riding in one of the horse-drawn carriages; the activities in downtown St. Augustine are seemingly endless. One thing is for sure, the magical aura of the city and its’ lights will be one holiday memory your family won’t soon forget! Visit the website ‘Simply St. Augustine’ for more information: http://www.simplystaugustine.com/st-augustine-nights-of-lights/

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Freddie Mac Economist: Buy now vs. later in 2015

Fixed-rate mortgages fell back near yearly lows again this week, lowering borrowing costs for home buyers and refinancers. The 30-year fixed-rate mortgage averaged 3.99 percent this week, Freddie Mac reports in its weekly mortgage market survey.

“If you are planning to buy a home in the next year, it’s better to do it sooner rather than later,” Frank Nothaft, Freddie Mac’s chief economist, said in the video commentary embedded here.

http://www.youtube.com/watch?feature=player_embedded&v=s9-KO08p6Gc

26 Village Walk

Completely Remodeled Village Walk in Sawgrass Country Club

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Sawgrass Country Club Lake

Totally remodeled, this home is ready to move into just as it is.  Wonderful details with the remodel, but the core items were done too: Roof, siding, plumbing, wiring, added electrical power, added second floor…the list goes on.   The result is a very livable three bedroom, three and a half bath home.  Two bedrooms and the half bath are downstairs including the master. Large open kitchen. Second master is upstairs along with a office space.

Open floor plan with views of the lake from almost every room.  Make use of the patio to the side of the home for a pool or outside oasis.  This home boasts one of the largest backyards in the Village Walks.   See 26VillageWalk.com for more details. Call for your private showing today.

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Pink Ribbon Golf Classic Press Release

The Pink Ribbon Golf Classic today announced their schedule for their 2014 events. Now in their 8th year this local charity dedicated to contributing their funds to The Mayo Clinic of Florida and The Baptist Beaches Hospital for advanced technology, programs and studies.

See more at their website, www.pinkribbonjax.org Video of Mandy Morrow speaking at The Mayo Clinic in Florida. Password for the video: PinkRibbon

 

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Mandy Morrow Appears on First Coast News

Mandy Morrow appeared on First Coast News on Friday August 1, 2014 to explain why she was concerned that one of her listings was hijacked by a user posting on internet home search site Zillow.  The Morrow Group reached out to the producers of “I’m Telling Ken” earlier in the week to tell them the story and explain why this is NOT a good thing for those looking to rent, for the owner of the property and for the Realtors® marketing them. This was a case of internet user beware.  In this case a suspecting renter contacted Mandy and her team to tell them they suspected that something was up on her Zillow listing, when it indicated NOT to call the agent who had the listing.