The US housing market has been a seller's market for the past few years. But is that changing as inventory rises?

What Is a Balanced Market?

A real estate market is considered balanced when there is a supply of approximately five to seven months of homes for sale. In a balanced market, neither the seller nor the buyer has a clear upper hand. Prices tend to balance out as more choices become available. It's supply and demand.

Nationally, the year started with a three-month supply which has increased throughout the year to four months, a signal that the US housing market is moving closer to a balanced market.  And yet, even with the increase in housing inventory, we aren't seeing a glut of inventory which would signal a crash. 

The below chart…

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by Jenn Heller

Did you know that approximately 6.5 million animals enter U.S. animal shelters annually?  As a passionate pet lover, that statistic truly breaks my heart.

In addition to the animals in shelters, there are also thousands upon thousands of pets being fostered at any given time while awaiting their forever homes. Fostering plays a crucial role in the adoption process, with an estimated 3.2 million shelter animals finding new homes each year thanks to the dedication of foster families.

In the Jacksonville area, there are several animal rescue organizations that I admire and support on a regular basis. One such organization is Animal Care and Protective Services (ACPS) where we adopted our sweet boy Joker, formerly…

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by Gwinn Volen

“‘Massive’ Housing Bubble About to Burst.” “The Housing Market Hit A Wall In May/June.” “Why Are Home Prices Still Rising?” “Home Prices Are Still Sky-High.”

Even the experts can’t figure it out. But the general consensus is that high interest rates are keeping supply low as existing homeowners are hesitant to swap a low-interest rate mortgage for a high interest rate mortgage. Despite high interest rates deterring some, many buyers still need to move for various personal reasons, which is sustaining current inventory prices.


Market Overview

As most of you savvy readers know, real estate is a “local” business. What is happening in the broader marketplace may not be happening in your local market.

So, here is what is…

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by Aaron Bacus

As a mortgage broker, I understand the unique challenges that self-employed individuals face when trying to secure a mortgage. Traditional mortgage qualifications often rely heavily on W-2 forms and tax returns, which can be a significant hurdle for those who run their own businesses. However, there's an alternative solution for self-employed borrowers: bank statement loans. 

#Bank statement loans

What Are Bank Statement Loans?

Bank statement loans are a type of mortgage designed specifically for self-employed individuals who might not have the typical documentation required for a conventional loan. Instead of relying on tax returns and W-2s, these loans use the borrower's bank statements to determine their income. Lenders look at the deposits made…

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By Gwinn Volen

50% of women leaving the military have experienced some kind of sexual trauma while in service. Yes, it's a staggering statistic. It's difficult to fathom the profound sense of despair one might feel after such an experience, compounded by the challenge of rebuilding a life outside the military, and trying to transition skills into civilian settings. Often, women do not even explore the benefits and retraining programs offered by the VA. Instead, they fall into depression and poverty.

 "It became overwhelming to see the increase of women veterans coming into my office needing help that was not available in the community," said Dee Quaranta, President and Founder of the organization. "After asking some of my community contacts if they…

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Just an hour and ten minutes from Ponte Vedra Beach lies a hidden gem waiting to be discovered: the River to Sea Preserve just south of Marineland. This coastal sanctuary is perfect for nature enthusiasts, beachcombers, and adventure seekers alike, offering a variety of activities and amenities to enjoy.

If you're into treasure hunting, the pristine shoreline of River to Sea Preserve is a haven for sea glass enthusiasts. Spend leisurely hours combing the sands and uncover glimmering gems polished by the ebb and flow of the Atlantic Ocean. It's a free and rewarding activity, great for collectors or anyone looking for a serene beach experience.

Adventurers can rent paddleboards to explore the tranquil waters, immersing themselves in the…

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by Peyton Palmer, Senior Student, Nease High School
2024 Ponte Vedra Focus Blog Scholarship Winner


The Ancient City, St. Augustine, hosts two million visitors annually, and is home to many local hotspots. This national landmark encompasses a multitude of hidden gardens, restaurants, and roads perfect for Instagram posts or a formal photo session! Also, knowing where the top restaurants are is key to a memorable trip.  

Stone walkway and dining chairs at Ben's Pretzels in St. AugustineBen's Pretzels, St. Augustine, Florida

St. George Street is the main pedestrian only street in St. Augustine, consisting of clothing, souvenir stores, and restaurants. Off this street is Ben’s Pretzels, known for their delicious, soft pretzels. One incomparable thing this shop exhibits is their secret garden in…

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by Gwinn Volen

The St Johns County $36M beach renourishment project for Ponte Vedra Beach, where sand will be pumped in from the ocean to help protect against storms and prevent future erosion, has begun. The dredging work started March 29 just north of the Ponte Vedra Inn and Club, and it will finish up in the 1300 block of Ponte Vedra Boulevard in late June. Below is a look at the projected timeline, and here is an interactive map of the progress.

Local groups have been working tirelessly to push this through.


Map of beach restoration in Ponte Vedra Beach

Here are the full details of the Ponte Vedra Beach project.

Information on Other Coastal Projects in St Johns County

  • Porpoise Point Drive Armoring Project
  • South Ponte Vedra FEMA Project
  • St Augustine Beach Army Corps…

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Every March, Ponte Vedra Beach becomes center stage in the golfing realm as THE PLAYERS Championship brings golfers, fans and media to our coastal town.  Welcoming this annual tradition is nothing new to residents of Ponte Vedra Beach as the PGA Tour has called Ponte Vedra Beach home to this tournament since 1974.  This event brings hundreds of thousands of fans to our community annually for this world class golf event. If you haven't purchased tickets yet, it's not too late! We've got you covered with ticket information, newer fan experiences and some important Frequently Asked Questions, so you know before you go.

THE PLAYERS Championship golf course and clubhouse view in distance

TICKETS

Stadium Pass - A Stadium Pass ticket is for general grounds access and all public areas of the Tournament.  Tuesday’s…

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by Jenn Heller

Moving, especially when downsizing, is a great opportunity to inventory the things that you have and begin the process of donating items that you no longer need, use or want. This can go beyond the scope of just clothing. Furniture items, small appliances and other household goods are highly accepted by donation centers who give back to your local community to support those in need. Donating items, especially while in the midst of packing for a move, can be a hassle, but it doesn't have to be. There are several local organizations in Jacksonville and the Beaches area that will come and pick up your donations, greatly alleviating the pressure of loading up the car and doing it yourself. Here's a few of our local favorites that we have…

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