Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Agents survey damage and new business in Irma-ravaged Jacksonville

09/13/2017

Download PDF

Millie Kanyar

Even the most gung-ho recreation adventurists wouldn’t envy Realtor Millie Kanyar, who right now could go fishing out of her backdoor, she quipped.

Kanyar’s Jacksonville, Florida, home is still powerless thanks to Hurricane Irma’s brutal visit this week, and her location next to a creek meant witnessing higher water levels on her property than ever before.

Water receded quickly in the nation’s largest city by geographic measure, but the damage remains after Irma brought unprecedented flooding and storm surge to the metro of 1.6 million on Monday.

“With the debris it is like a war zone, but it’s not the Keys,” said Michael Starling, an agent with Jacksonville-based First Coast Sotheby’s International Realty.

Starling had ventured to check on his downtown office but found there was no power or internet. He assessed the aftermath from a friend’s office space nearby.

3 underused winning real estate Facebook ad strategies Effectively target your clients and high-value prospects READ MORE

A damaged home in Kanyar’s neighborhood.

The area was hit with a deluge of water when the storm surge came up the St. Johns river, which divides the city in two, gushed over the sea walls, and poured over the urban core into the nearby areas of San Marco and Riverside. Both locales are dotted with 100-year old residential homes.

Michael Starling

Flooding surpassed Hurricane Dora’s 1965 record by one foot as the city was hammered with 60 inches of rain, the National Weather Service reported. Flash flood warnings were issued for the beach towns that hug Jacksonville’s eastern edge.

Like many Jacksonville residents, Kanyar faces the repercussions of fallen trees and downed power lines; she and some of her neighbors are hooked up to a generator until further notice.

After “a crazy 48 hours,” Starling said he expected things to return to normal relatively quickly.

Realtors in the area are already mobile, inspecting listings, checking on properties under contract for clients, letting people know if their houses survived and cleaning up. As Kanyar spoke to Inman she was taking a photo of a property for a seller client.

Kanyar is grateful that the state had enough notice to anticipate Irma’s arrival in what has already been an unforgiving hurricane season.

Angela Carter

Meanwhile, Angela Carter, a Realtor associate with Florida Homes Realty & Mortgage in Jacksonville, evacuated to Georgia with her daughter before the storm hit her coastal city.

She’s traveling back today to check on a $1.8 million listing near the beach, in addition to a number of new listings that she landed in the last week. The source? Investors ditching their inventory to get out of Jacksonville. The former rental homes range from $230,00 to $775,000 in value.

Usually the market slows down at this time of year, but investors have been blowing up Carter’s phone looking to offload rentals. “That’s a good thing for our low inventory market,” she said. “The concern for us is: Will the consumers be able to afford the insurance on the homes if they are in a flood zone, for instance? People love to be by the water; it’s just the reality of living in paradise.”

One group, however, has been noticeably absent from Carter’s inbound calls since Thursday: buyers, who in Jacksonville often include a mix of snowbirds, first-time buyers and military personnel.

She theorizes that wary clients may be holding their breath for Hurricane Jose.

Email Gill South.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Cloud MLX now available to more agents through two California MLS deals

    Cloud MLX today announced deals making its front-end MLS interface available to subscribers of two...

  • You can expect higher rents wherever Amazon’s HQ2 lands

    The city eventually chosen by Amazon to host the tech and e-commerce giant’s second U.S. headquart...

  • New housing construction plunges to lowest level in more than a year

    Driven by a drop in single-family construction, U.S. housing starts plunged in December, marking the...

  • These 20 markets are the finalists for Amazon’s HQ2

    Amazon on Thursday announced which 20 markets made the cut as finalists for its full-fledged, secon...

  • Zillow unveils new app for capturing 3-D home tours

    Zillow on Thursday unveiled a new, free app called Zillow 3D Home that will allow agents, brokers, a...

  • Zillow sued over Zestimate display: Making sense of the dispute

    Real estate giant Zillow Group has been hit with an antitrust lawsuit alleging the company is restra...

  • 3 genius ways to split marketing costs with other agents

    One way real estate agents are getting more ROI from their marketing efforts is by teaming up. Plan...

  • How to sell more real estate with great listing descriptions

    The power of words becomes evident when it comes to writing real estate descriptions. Many think tha...

  • Matterport now captures 3-D tours in half the time

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • How to build a magnetic social media presence

    Extreme beauty, dynamic personality and social media marketing savvy are just three of the reasons I...

January 2018
Mon Tue Wed Thu Fri Sat Sun
« Dec    
1234567
891011121314
15161718192021
22232425262728
293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...