Daytona Beach Real Estate Blog

Daytona Beach Real Estate Blog by Lynn Byrne, Realtor

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Entries Tagged as 'Real Estate News'

Mortgage Rate Increases Headline Daytona Beach Real Estate News

June 16th, 2008 · 2 Comments

Mortgages rates are up 1/2% over the past two weeks. This is not good news for people in the market for Daytona Beach Homes or condos. The 30 year fixed conventional mortgage rate was at 5.8% two weeks ago. The rate today is 6.3%.

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Tags: Daytona Beach Real Estate · Real Estate News

Mortgage Rate Increase Alert for Home Buyers

June 3rd, 2008 · No Comments

Mortgage rates moved up about 3.5% over the last week from 5.8% to 5.99%. If you are in the market for a new home or condo, or considering a purchase in the near future, you should be paying attention to the rates.

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Tags: Daytona Beach Real Estate · Real Estate News

New Role of Real Estate Agents

May 8th, 2008 · No Comments

The New Role of Real Estate Agents and Home Owners
Home owners will use online services to set their price and online home marketing sites to market it. Real estate professionals will get paid if they bring a buyer, but their services will not be required for listing the home.
That’s what an article at CNN titled, [...]

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Tags: Real Estate News · Selling a Home

Do Foreclosures Really Cost $70,000?

April 28th, 2008 · No Comments

$70,000 is a lot of money. That’s the estimate for an average foreclosure when all costs are included.

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Tags: Real Estate News

Daytona Beach Homes Mirror National Market for March 2008

April 22nd, 2008 · 1 Comment

The Daytona Beach Homes mirror the national scene pretty well with sales holding steady to a slight decline. Be careful of interest and overly conservative lenders.

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Tags: Daytona Beach Homes for Sale · Real Estate News

Daytona Beach Area Residential Home Prices Reported Down 8.2%

February 15th, 2008 · 4 Comments

Real estate is local. We know that. We are experiencing a down market in Daytona Beach, but overall US markets are about equal for up markets versus and down markets. The overall Daytona Beach decline for residential home sales was an estimated 8.2% by the National Association of Realtors (NAR) for 2007.

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Tags: Real Estate Market Info · Real Estate News

The Lawyer is Wrong - Real Estate Short Sales and Income Taxes

February 13th, 2008 · No Comments

He mentioned that he was in the process of selling his home using a short sale. The lawyer jumped and said get that home of the market…

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Tags: Real Estate News · Selling a Home

Daytona Beach Home Market - What Does Foreclosure Freeze Mean?

February 12th, 2008 · No Comments

How does the announcement made today about six large large mortgage lenders freezing foreclosures affect the Daytona Beach real estate market?

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Tags: Real Estate Market Info · Real Estate News

Real Estate Investment in Daytona Beach

February 1st, 2008 · No Comments

Would you consider investing in the fastest growing winter beach destination in the continental United States?

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Tags: Real Estate Market Info · Real Estate News

Countrywide Classifies Daytona Beach Real Estate as Soft Market

January 31st, 2008 · No Comments

Both Volusia (Daytona Beach, Ormond Beach, Port Orange, Deland and surrounding areas) and Flagler (Palm Coast) Counties home markets have been classified by Countrywide, the mortgage lender, as category 5 counties in their soft market categories list.

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Tags: Real Estate Market Info · Real Estate News