Often a seller will raise a question regarding the best solution when faced with the potential loss of a home. One of the ramifications that needs to be considered is the long term impact on the seller’s credit and ability to purchase a home in the future. Recently, this data was provided to us from a [...]

A map of all condominium units sold in the first quarter of 2011 broken down by the type of transaction. This includes foreclosures, short sales, and traditional sales. All information about each sale is available by clicking on the icon. You can zoom in or out in order to adjust the number of properties being [...]

A map showing all sales of single family homes in the first quarter of 2011 grouped by the type of transaction. It includes Foreclosures, Short Sales, and Traditional Sales color coded. It is designed to all the user to zoom in to a particular home or up to look at neighborhoods or cities. The data [...]

This map shows all sales of single family homes in the first quarter of 2011 grouped by the type of transaction. It includes Foreclosures, Short Sales, and Traditional Sales color coded. It is designed to all the user to zoom in to a particular home or up to look at neighborhoods or cities. The data [...]

Daytona Home Prices Continue to Stabilize The average price per square foot for single family homes in Daytona Beach continues to be almost completely flat for yet another month. This defies the national average which, to all reports, continues to decline. In addition, the number of sales shows the typical seasonality over the previous year [...]

As the market continues to adjust, the discussion invariably turns to conversations about foreclosures and short sales. The local area has faired relatively well. The following slides review the total sales of single family homes in 2010 by city. It is clear that Ormond Beach Homes and Port Orange Homes have had the most sales. In addition, [...]

Overview There is certainly substantial confusion in the market about the differences between foreclosures and short sales. In the case of home sales a buyer is typically required to borrow a portion of the funds from a third party in order to purchase the house. That amount is paid at the closing in order to [...]

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.