Playa Realty & Management specializes in property management services for homes in Duval, St Johns and Clay counties in Florida. One of our goals is to keep owners informed so that when it is time to buy or sell, they have all the facts. According to National Association of Realtors® (NAR), pending home sales eased in February but are higher than last year.
The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 in January but is 9.2 percent above February 2011 when it was 88.4. The data reflects contracts but not closings.
Lawrence Yun, NAR chief economist, says we’re seeing the continuation of an uneven – but higher – sales pattern. “The spring home buying season looks bright because of an elevated level of contract offers so far this year,” he says. “If activity is sustained near present levels, existing-home sales will see their best performance in five years. Based on all of the factors in the current market, that’s what we’re expecting with sales rising 7 to 10 percent in 2012.”
As home sales continue to rebound, Playa Realty & Management is well positioned in Jacksonville to cover the increase in property sales and the need for property management. Playa currently represents hundreds of owners and investors in the Jacksonville area to include, Duval, St. John’s and Clay Counties. The major areas they represent are Ponte Vedra Beach, St Augustine, Neptune Beach, Atlantic Beach, Jacksonville Beach, Orange Park, Riverside, San Marco, Southside, Bay Meadows, Mandarin and Fort Caroline, Julington Creek, Bartram and Fruit Cove. If you’re looking for property management services call or contact Playa Realty & Management today.