Daytona Beach Real Estate Blog

Daytona Beach Real Estate Blog by Lynn Byrne, Realtor

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Entries Tagged as 'Real Estate Market Info'

Daytona Beach Real Estate Market Report - February 2008

March 3rd, 2008 · 3 Comments

Daytona Beach Real Estate Sales Up 35% from January. Maybe a trend, maybe not. See the table for more information.

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Tags: Real Estate Market Analysis · Real Estate Market Info

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

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

Online Real Estate Valuations Unreliable

February 7th, 2008 · 1 Comment

Real estate valuation sites, such as zillow.com are relying on historical information based on what has sold in the past. When little to nothing is selling, how accurate can those estimates be?

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Tags: Real Estate Market Info

Daytona Beach Real Estate Report for January 2008

February 4th, 2008 · 1 Comment

The numbers for January are in. 160 residential homes and condos sold in January 2008 as listed in the Daytona Beach MLS.

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Tags: Real Estate Market Info

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

Homes for Sale Report in Daytona Beach

January 29th, 2008 · No Comments

There are close to 7,000 homes for sale on the market according to the Daytona Beach MLS. In December, 231 sales of residential homes were recorded for the Daytona Beach area in the MLS.

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Tags: Real Estate Market Info

Merrill Lynch Housing Forecast - Prophets or Fools

January 23rd, 2008 · 1 Comment

Merrill Lynch, the large financial firm whose previous predictions resulted in a $7.9 billion loss in their third quarter of 2007, has released a new forecast. Merrill Lynch is forecasting a 25-30% drop in national housing prices in the next few years.

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Tags: Real Estate Market Info · Real Estate News

How Does 3/4% Fed Rate Cut affect Real Estate?

January 22nd, 2008 · 2 Comments

In a surprise move, the Federal Reserve cut its federal funds rate by 3/4% from 4.25% to 3.5%. This rate impacts credit card, home equity line of credit, and auto loan rates.

What about mortgage rates? Mortgage rates are tied to long-term bond yields.

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Tags: Real Estate Market Info · Real Estate News