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May 7th, 2012 — 10:37am - Housing Inventory Continues to Plummet

West Volusia Area Association of Realtors continues to report substantial decreases in the number of available properties on the market. West Volusia Realtors The West Volusia Area Association represents the western part of the County including DeLand, Deltona, Orange City, Eterprise, Osteen, and areas to the north such as Barberville, Pierson, and Seville. The graph [...]

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May 4th, 2012 — 9:30am - West Volusia Home Sales

Contracts and sales on homes in West Volusia continue to grow. Comparison of March numbers to previous years show that the number of active contracts and closings continue to rise.  

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May 3rd, 2012 — 12:03pm - Sales Results through April 2012

The results are in for the first four months of 2012 and there continues to be strong activity. This chart shows real estate transactions from the Daytona Beach Area Association of Realtors and the West Volusia Area Association of Realtors through April of this year.    

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May 2nd, 2012 — 11:41am - Sales Up + Inventory Down = Flat Prices?

Homes Sales in Daytona Beach Area Sales continue to pick up in Volusia and Flagler Counties with a continuing rise in the number of properties being purchased. A report of Daytona Area Home Sales shows increasing numbers of homes sales in month over month comparisons for several years. As home sales rise and show that [...]

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May 1st, 2012 — 11:20am - Housing Affordability Index is Blowing Through the Roof

The National Association of Realtors just released the updated Housing Affordability Index and it is really amazing. Basically, using a number of assumptions about median household income, the median price of homes, and the current interest rate, the National Association of Realtors has been tracking the ability of households to purchase their own homes. The [...]

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April 30th, 2012 — 11:53am - What’s my house worth?

There are a number of tools for estimating home values. This one seems to be pretty interesting, if you’d a far more accurate valuation of your home, of course, there is no replacement for having an agent come to your home for a review.

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April 27th, 2012 — 1:42pm - Time to Close on a Short Sale or Foreclosure

Home Short Sales In the real estate business it is common knowledge that short sales take longer to close than traditional sales. That only makes sense as the process includes the bank reviewing the seller’s situation, the value of the home, and other factors. The banks, the real estate agents, attorneys and others have all [...]

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April 26th, 2012 — 1:22pm - West Volusia Housing Inventory Continues to Decline

Over the last several years the same comment continues to come up with regards to the number of homes available for sale in West Volusia. From DeLand to Deltona the number of homes currently for sale continues to decline. It is not just in your imagination. Buyers have experienced multiple offers on an attractive property. [...]

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April 25th, 2012 — 10:38am - Can I wait to have a short sale?

Short Sale Overview A short sale is a process in which a seller would like to sell a home but the proceeds of the sale are not likely to cover the mortgage or mortgages. By working with their bank they strike a deal which allows them to sell the home for less money than they [...]

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April 24th, 2012 — 1:33pm - Is the Real Estate Market Returning?

The Daytona Beach Real Estate Market continues to show improvements. A quick review of the first quarter shows that we have years of recovery already under our belts and the trend is continuing. Each month so far this year continues to outperform the same month from the previous year in terms of the number of [...]

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