Most people in the real estate market are aware of the quality of homes constructed in Daytona Beach. The city has a number of condo developments both existing and new projects as well. The structures and designs are so well planned that anybody would love to own one of these dream homes. Besides, there are [...]
The $243 million cap on the Sadowski Affordable Housing Trust Fund has finally been removed after 5 years of intense and passionate lobbying from the Sadowski Housing Coalition and Florida Realtors. This is a very meaningful triumph considering that the trust fund had been put in danger of being eliminated for several times. According to [...]
Inventory of U.S shadow homes went down by 18% from its peak reports CoreLogic. Around 1.7 million homes in April are awaiting the foreclosure process and are moving towards the housing market. These properties make up the five months supply based on the recent sales rate. Mortgage Bankers Association reports that delinquencies in home [...]
Home prices were up in April, a first in 8 months which saw real estate prices continuously decrease, based on a poll. Home prices increased by 0.7% from March based on S&P/Case Shiller 20-city index. However, when adjusted for the spring selling season which is relatively strong, the prices drop 0.1%. This is in contrast [...]
As the housing market is getting more congested with numerous new real estate agents playing the field by the day, many of them have resorted to staging their listings. Staging a home will help them stand out from the crowd and get noticed much more easily. We may quote the vice president of Prudential Fox [...]
Planning to relocate in Florida? Florida is one of the favorite dwelling places throughout the United States, known for its long and pristine beaches. Daytona Beach is one of the favorite family vacation destinations and the perfect place to live as well. The beach is simply irresistible here in Daytona Beach. In fact, the prestigious [...]
The latest congressional report stated that the estimated $700 billion federal bailout is likely to cost less than what is expected. When the country was in financial crisis last 2008, the then Bush administration launched a program or federal bailout called Troubled Asset Relief Program (TARP) in reply to the crisis which includes aid to [...]
As more and more foreclosed properties are being inherited by banks, they are now making huge investments to transform these properties into more appealing and sellable products. These foreclosed properties usually have problems ranging from molds, water damage to broken windows and lost plumbing fittings. Before, banks tend to be more cautious in shelling out [...]
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