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 [...]
The numbers are out and 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers. Cash is king! These statistics are an indication that the market is ripe for the 2nd Home buyer. If you are tired of the cold weather that is putting a damper on your lifestyle, [...]
Come on down all my Canadian Friends. The time is right now to buy. Don’t be the one to miss out like the last time the Canadian dollar was strong. Lower home prices and stronger Canadian dollar are a great mix to buy a condo in Sunny Daytona Beach. The prices of ocean front condos [...]
A resurging real estate market has undoubtedly made customers more confident about investing, whether they are first time buyers or investors. In a recent survey, the third annual Cotton Report published by Cotton & Company, a real estate marketing firm, which included over 800 participants from Canada, Europe, Latin America, and 39 states in the [...]
The economy in 2010 is heading for a strong finish. This is the message that I am getting from my sources and more importantly what I am seeing in the Ormond Beach real estate market today. Just to share with you a few stories that have happened to me in the real estate business in [...]
Many buyers are calling me or when they visit, are asking pretty much the same question. Has the Daytona Beach real estate / condo market stabilized? My response has been a resounding yes. We are getting into bidding wars on foreclosure properties. The banks are counter offering on short sale offers at BPO price. [...]
The news is out and it is good. Condo sales are up in Florida by 10% in September; this would also include Daytona Beach Shores condos. Even more stimulating news is the condo median price was up 2.2% from August. I ask, “Does this reflect a declining market”? Here in the Daytona Beach Shores [...]
My Top Ten List of Action Steps a Buyer Can Take to Ensure a Smooth and Successful Daytona Beach Condo Purchase. 1. Prequalify for a mortgage before making an offer on a Daytona Beach condo. These days sellers’ will not even look at an offer without this prequalification. All foreclosure and short sale [...]
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