Check out this new Single-family property that I just posted on my Web site. It is at 5720 Rolling Hills Drive in Milton. This Single-family property has 3 bedrooms and 2 baths. Custom Home with Distinctive Lines nestled by trees on the perimeter of the over 1/2 acre property make this Home Unique for those of you that love architecture and the function of a well Designed Floor Plan .

Owner Financing Available on 2 homes for Sale

Home on Alba Plena in Pensacola near NAS Pensacola and five minutes from Downtown Pensacola, close to Marinas

Home on Kendall Avenue in the Mrytle Grove area of Pensacola with Hardwood Flooring

Both homes the owner provide financing

 Alba Plena

Kendall Avenue

Jack Lara, “The Jones & Lara Team” Keller Williams Realty of Pensacola

Pensacola Area Properties for Sale

Northeast Pensacola Real Estate

Single Family homes currently for sale in Northeast Pensacola 213.  The average list price is $228,258 with a median price of $159,500.  The lowest priced house is $39,900 and the highest is $3,700,000 for a home on Scenic Hwy overlooking Escambia Bay.

There were 12 single family homes sold in January.  The average sales price was $134,708.  The median sales price was $123,250.

Did you know that for every 1% mortgage rate hike the price of a home needs to come down by $10,000 in order for the buyer to maintain the same purchasing power? 

Low rates + tax credit = time to purchase

Jack Lara, Realtor “The Jones & Lara Team” at Keller Williams Realty of Pensacola

Pensacola Area Properties - Milton - Pace - Gulf Breeze - Cantonment - Pensacola Beach

Check out this new property that I just posted on my Web site. It is in Pensacola. This property has 4 bedrooms and 2 baths. 1/2 bath downstairs 2 full baths upstairs ~ Great location just minutes from the Interstate, Cordova Mall, Sacred Heart Hospital, West Florida Hospital, Pensacola Airport, and UWF.

Home for Sale in Pace | New List Price $125,000

5418 Hollow Oak in Pace Florida now at $125,000.  This is not a short sale, so no waiting for the seller’s bank to approve this sale.  3 bedroom 2 bath on 1/3 of an acre and a 2 car garage plus an RV Hook-up.

Tax Credit for 1st time buyers and 2nd+ time buyers.  Contract must be dated no later than April 30, 2010.  The contract must be closed out (ownership transferred) no later than June 30, 2010. 

Jack Lara, “The Jones & Lara Team” Keller Williams Realty of Pensacola

Pensacola Area Homes for Sale | New Prices

Molino Florida home now only $220,000

Four Bedroom Two Bath and over 2,000 Square Feet on THREE Acres Completely Fenced 

Info also available here for Chance Road

Next Home:  Tom Sawyer Lane in north Pensacola FL 32534 Three Bedroom Two Bath over 2,000 square feet.  New list price is $110,000.  Large Bonus Room/Game Room and Fantastic Kitchen.  Click here for photos.

Jack Lara & Toni Jones the “Jones & Lara Team” at Keller Williams Realty of Pensacola

Visit all of our Visual Tours and if you are thinking of selling and need an expert analysis call our office at (850) 471-5020 or send an email to JackLara@kw.com

Renovation nearly Complete on 1st time buyer Home | Pensacola Real Estate News

Three Bedrooms - Two Baths - Living Room - Family Room - New Roof - New Windows - New Kitchen - $90,000

“The Jones & Lara Team” Keller Williams Realty of Pensacola (850) 471-5020

Search for Pensacola - Milton - Pace - Cantonment - Pensacola Beach - Gulf Breeze Homes

The foreclosure crisis looked as though it maybe turning the corner after the initial crash, but are we out of the woods yet?

While things have improved a little, the mortgage foreclosure crisis is far from over. The initial round of foreclosures affected primarily subprime mortgage loans. Subprime loans are loans that were given to borrowers without enough cash upfront for a down payment or high-risk borrowers with less than perfect credit. While subprime foreclosures may have slowed down, prime loan foreclosures are now beginning to hit a new record. The main reason for the increase in prime loan foreclosures is property values that had inflated during the housing boom have now plummeted coupled with an increase in unemployment.

Pensacola Real Estate News: Home with pool on 3.9 acres now listed for $200,000 

 ”The Jones & Lara Team” Keller Williams Realty of Pensacola visit us on the net at PensacolaAreaProperties.com

Check out this new Single-family property that I just posted on my Web site. It is at 3310 Bayou Drive in Pensacola.

Check out this new Single-family property that I just posted on my Web site. It is at 1335 Mazurek Blvd in Pensacola. This Single-family property has 3 bedrooms and 2 baths. 10 Minutes from Downtown Pensacola and less than 30 minutes from Pensacola Beach ~ You deserve a home like this! .

Check out this new Single-family property that I just posted on my Web site. It is at 5920 Wolfgang Drive in Milton. This Single-family property has 3 bedrooms and 2 baths. Fantastic Deal! For 1,892 Square Feet of Living Area, so what are you waiting for, the time to act is now! One block from Tanglewood Golf Course * 10 minutes Whiting Field * Home located in a cul-de-sac * Brand new electirc water heater, Cathedral Ceilings, Openness, Bright Home, and Plant shelves *.

Home for Sale in Milton New Price $80,000

3 Bedroom 2 Bath was $85,000 now at $80,000 with over 1,400 square feet.  Westport Drive.

We have a new listing in Pace for $127,500 on Hollow Oak Lane

3 bedroom 2 bath split floor plan on 1/3 of an acre and side entry garage.  Link to Hollow Oak Lane

Check out this new Single-family property that I just posted on my Web site. It is at 5418 Hollow Oak Lane in Pace. This Single-family property has 3 bedrooms and 2 baths. Pace High School, Avalon Middle School, and Bennett C. Russell Elementary School ~ Convenient to the HWY 90 Shopping Corridor and less than 15 minutes to the interstate ~ this is NOT, I repeat this is NOT a short sale so hurry to take a look and say YES and OWN……… .

Check out this new Single-family property that I just posted on my Web site. It is at 5418 Hollow Oak Lane in Pace. This Single-family property has 3 bedrooms and 2 baths. Pace High School, Avalon Middle School, and Bennett C. Russell Elementary School ~ Convenient to the HWY 90 Shopping Corridor and less than 15 minutes to the interstate ~ this is NOT, I repeat this is NOT a short sale so hurry to take a look and say YES and OWN……… .

Pensacola Real Estate News | Making Homes Affordable working or not?

What will work?  Is the economy too big to be directly impacted by govt intervention?  Friedman, Sowell, and Kenyes.  What works?   

Last year, more than two million homes were lost, and Economy.com expects that this year’s number will swell to 2.4 million.  There is a very interesting article in the NY Times.  Click here NY Times article via CNBC.  I suppose much of one’s own belief system on how things would work best will put you on the side that fits one’s own outlook on things.

I know this per my experience last year with the tax credit incentive that was set to expire on November 30, 2009.  What this incentive did was to put a small rush of buyers into the market in the Sept to October time frame.  What did these buyers do?  They competed for non “short sale” listings of homes for sale.  Why?  Because they were under the deadline of closing on their first time buyer home by Nov 30th.  This put them in a non buyers market situation.  What was the unintended consequence?

Those homeowners that had their house up for sale in the time frame of September and October did not get looked at.  The number of showings dropped off dramatically.  The question how many of those short sale sellers would have sold in those 2 months?  How many homeowners were foreclosed because of the unintended consequence of the tax incentive?

Some things to really think about….

Jack Lara, “The Jones & Lara Team, Your Realtors for Life!” at Keller Williams Realty of Pensacola

Call: (850) 471-5020 or visit us at PensacolaAreaProperties.com