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 [...]

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. [...]

Prices continue to remain steady as sales continue to climb and new listings decrease.   Through October of 2011 the year to date statistics of residential properties have increased by an average of over 1% and median sale price declined by 1% over the same period. New listings are down over 17% year to date [...]

Congratulations to Nancy Cortez who was recently recognized by the Daytona Beach News-Journal as a Realtor who is doing better now than during some of the peak periods. Her picture was on the front page of the Business Section holding a sign in front of one of her listings. Many Realtors are exceeding previous results as the [...]

Foreclosures, Short Sales, and Market Activity in 2011 There has been loads of discussion recently, including articles in the newspaper with regards to the number of foreclosures and distressed sales in the Greater Daytona Beach Area. The local MLS records over 3,000 sales in the first eight months of 2011. During that time there has [...]

The Daytona Beach Area Association of Realtors Multiple Listing Service reports a continued increase in sales during the first half of the year. Interestingly, traditional sales continue to outperform short sales and foreclosures. Despite news reports of spiking foreclosures, actual activity shows a small decrease in the number of foreclosures being sold while the number [...]

The number of foreclosures continues to decline throughout the country. Reports from the Mortgage Banker’s Association, RealtyTrac, and other sources are showing a steady decline in both new foreclosure filings and the number of properties in the foreclosure process. The data mirrors our local information as we watch the local foreclosure count declining. In fact, [...]

Today’s Daytona Beach News-Journal included a front page article titled Home Sales up in March in Volusia, Flagler Counties. The data from the Florida Realtors shows that our local market has increased sales in both counties for single family homes and for condos. The data is in line with local data that we’ve reviewed including: [...]

Great Deals on Homes The housing market is really getting heated up as investors have returned to the market. Locally we’ve heard repeatedly that homes at the lowest prices in various areas have been sucked up. Part of these purchases are by buyers who could not afford to buy homes just years ago. Another segment [...]

The West Volusia Association of Realtors recently released their monthly stats. The video sows that inventory has been reduced by 25% while pending sales have increased by over 50%. Median sales price has continued to decline but at a much slower pace in comparison to previous years.