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, [...]
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 [...]
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 [...]
The typical procedure for getting a mortgage has completely changed today from what it used to be. This change has been brought on because of the climate of the times as well as the high volume of fraud in the mortgage industry. 75% of our market is foreclosures or short sales and the % of [...]
One of my customers sent me an article this morning that is predicting that home prices in the Daytona Beach real estate market is going to go down in the next year. When I initially saw this article, I chose not to read it, but then after it was emailed to me a second time, [...]
Real estate creates more business than any other industry. Local markets are the savior of the economy. You could say that the Realtors are “The Foot Soldiers” of the economy. We are here to set us free from the economic status at this time and for years to come. It is important that the Realtor [...]
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