Jacksonville Daily Record 7/21/22

Page 1

JULY 21 TO JULY 27, 2022 | JAXDAILYRECORD.COM

BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES

INSIDE

RESIDENTIAL REAL ESTATE ISSUE

MARKET COOLING S

ingle-family home sales in June showed

World Golf Hall of Fame is moving out of St. Augustine

the first signs of leveling out and for the third consecutive month, building permits

declined in Northeast Florida. PAGE 4

PAGE 7

THE MATHIS REPORT

Vestcor plans Lofts at San Marco East apartments PAGE 20 BANKING

Leadership change at PNC

MORE REAL ESTATE INSIDE

Brian Bucher retiring as PNC Bank regional president. PAGE 7

Permit trends: Chart shows the trend in home permits issued in Northeast Florida since January 2021. Page 4.

THE BASCH REPORT

Top quarterly sales: Top 10 home sales of the second quarter. Page 5

Mortgage rate rise leads to job cuts

Weekly sales: Top 10 home sales for the past week in Northeast Florida. Page 8 Daniel Davis on housing: JAX Chamber President and CEO Daniel Davis, right, says there needs to be more housing affordable for middleincome residents. Page 8

Banks are cutting back as demand for home loans drops. PAGE 18 LAW & THE COURTS

JU College of Law dean named Nicholas Allard is the former dean and president of Brooklyn Law School. PAGE 24

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VOLUME 109, NO. 61 | TWO SECTIONS | PUBLISHED SINCE 1912


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