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 [...]

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 [...]

This chart shows all sales of single family homes through the Daytona Beach Area Association of Realtors Multiple Listing Service in the First Quarter of 2012. The sales are divided up as short sales, foreclosures, and traditional sales and the graphs can be adjusted by zooming in or out to see larger areas or to [...]

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 [...]

This map allows a user to drill in on any area and explore the sales that have been recorded in the Daytona Beach Area Multiple Listing Service for the first half of 2011. View Real Estate Sales in Daytona Beach Area MLS in a full screen map

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 [...]

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 [...]

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, [...]

The Flagler County Multiple Listing Service primarily covers Palm Coast, Flagler Beach, and Bunnel. Also in in Flagler County are the Hammock Area, Painter’s Hill, Beverly Beach, and Marineland. As is always the case, the MLS also covers sales that occurred out of the area. The map below references all transactions closed within the MLS [...]

Data from the My Florida Multiple Listing Service includes homes currently for sale throughout Volusia County. While this does include data from areas on the east side of Volusia County (Daytona Beach, Ormond Beach, Port Orange, etc.) it is best for evaluating the market in West Volusia including DeLand, Deltona, Debary, Orange City, and surrounding [...]