Daytona Beach Real Estate

Low Prices and low interest rates present an unprecedented opportunity for the few who will take advantage. Here’s a plan from buying in 2009.

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Daytona Beach homes sales are up over 10%, inventories are down over 5% and things are really looking up. Not really, but these are two good signs, here’s why:

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Selling Daytona Beach real estate is a 365 day a year job. Only a few short years ago, time on the road was wasted time. No more. Staying in touch is easy.

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Freddie Mac Mortgage rates are at the lowest rate in history. If mortgage rates rise and prices fall, you could pay more every month for your home or condo.

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We’ve just published our November Daytona Beach Homes and condos sales report in video format. See sales by price range.

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Here is a quick analysis on the state of Daytona Beach Homes inventory using the sales numbers from November 2008. It’s not a pretty picture.

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FHA loans are available and the limits are rising in January. Are you qualified for an FHA Loan?

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The National Association of Realtor estimates that over 75% of all home and condo searches begin on the internet. If you are not on the internet with your property, you are limiting yourself to 25% of potential buyers.

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This is a move to get the junk off the balance sheets of banks and mortgage lenders. Unfortunately, the junk ends up on the federal governments balance sheet - translation is that you and me pay. Fox News just estimated that the total cost of the bailouts to date is about $24,000 per man, woman and child in the US. That’s a lot of money.

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Your home is for sale in the tough Daytona Beach real estate market. Does it matter how your home looks? You betcha!

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