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.

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

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

What has happened to property values over the last several years? Are we at the bottom or do we have further to go?

Whether consulting with an owner as to the best way to sell their home or in casual conversation, the question is frequently asked, “Where are real estate buyers coming from?” Real estate professionals hear it all the time and yet an amazing number of different answers are brought forth.

The real estate market over the last several years has progressed through a number of phases. There is no doubt that a price adjustment has taken place in the real estate market in the last few years.

Whether buying or selling, it is important to understand the various contracts used in Florida.