New statistics are out with regards to sales in West Volusia. This is an excellent tool moving forward.

The local newspaper, the Daytona Beach News-Journal, published a positive article reviewing sales transaction counts comparing 2008 to 2009 numbers.

For the first half of 2009 these are the results of all sales in the Daytona Beach Area MLS for those areas primarily covered by that MLS. In particular, the cities covered include: Ormond Beach, Ormond By The Sea, Daytona Beach, Holly Hill, South Daytona, Port Orange, Daytona Beach Shores, Wilbur-by-the-Sea, and Ponce Inlet. While [...]

After a quick look at the comparison of the foreclosure, pre-foreclosure, and general sales in the West Volusia market, I decided to dig a little deeper into the specific cities to understand the statistics that the MLS is recording. For purposes of this analysis, I reviewed sales that took place during the first half of [...]

Data from local Multiple Listing Services on foreclosures, pre-foreclosures (short sales), and traditional sales.

FEDERAL HOUSING FINANCE AGENCY
NEWS RELEASE
For Immediate Release Contact: Corinne Russell (202) 414-6921
June 23, 2009 Stefanie Mullin (202) 414-6376
U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.1
PERCENT PRICE DECLINE FROM MARCH TO APRIL
WASHINGTON, DC – U.S. home prices fell 0.1 percent on a seasonally-adjusted basis
from March to April, according to the Federal Housing Finance Agency’s monthly House
Price Index. [...]

This video was created by the Florida Association of Realtors to explain the $8,000 tax credit that is being provided to first time homebuyers. I think everyone buying a house should see it.
http://www.floridarealtors.org/AboutFar/homebuyercenter/index.cfm

Housing starts are up. What does that mean to me?

Don Mastro from Bank of America says that interest rates are moving up. Recently as low as 4.5%, we’re seeing them move up and approach 6%, he says. This is important information for anyone who is considering buying a home as the costs are increasing eavery day. In fact, there have been several rate increases [...]

Are interest rates currently at historic lows? Is it just the Fed Funds Rate or are conventional mortgages following suit?