http://www.lynnbyrne.com/articlesblog Articles and Blog Posts Mon, 22 Feb 2010 12:19:13 +0000 http://backend.userland.com/rss092 en Home Buyer Tax Credit Deadline Looms - It's Already Close for Short Sales The Home Buyer Tax Credit that went into place at the end of last year will expire on April 30 in its present form. Homes and condos must be under contract by that date and close by June ... http://www.lynnbyrne.com/articlesblog/short-sales/home-buyer-tax-credit-deadline-looms-for-daytona-beach-home-buyers/ Quick Review of January 2010 Daytona Beach Real Estate Sales The final numbers are in, and in January, Daytona Beach home sales were up against last January and down against last month. This is a mixed bag of up and down, but in-line with historical data. January and the first quarter ... http://www.lynnbyrne.com/articlesblog/daytona-beach-home-sales/january-2010-daytona-beach-real-estate-sales-quick-review/ National Real Estate News Can Be Dangerous for Local Buyers When the national media publishes real estate news it may be contrary to local conditions and may actually harm you when making buying or selling decisions. In December, national news outlets reported that overall sales of existing homes fell 17% across the ... http://www.lynnbyrne.com/articlesblog/real-estate-news/the-danger-of-national-real-estate-news/ Sales of Daytona Beach Homes - Down Against Last Month - Up Over January Last Year Daytona Beach homes and condos sold at a 33.2% slower pace than last month, but were up 29.9% over last January. What's next? These numbers are preliminary, but will not change significantly over the next ... http://www.lynnbyrne.com/articlesblog/daytona-beach-home-sales/january-2010-daytona-beach-homes-sales-down-and-up/ Ormond Beach Florida Sunset Golds and pinks and blues fill this Ormond Beach Florida sunset photo showing the sky as a storm front moves into the area. Thunder storms are forecast for tomorrow and clouds started building up around noon. There's a lot of water in this area. I've heard it said ... http://www.lynnbyrne.com/articlesblog/photo-friday/photo-friday-ormond-beach-florida-sunset/ Daytona Beach Homes Months of Inventory Falls 52.4% in 18 Months In the past 18 months, Daytona Beach Homes and Condos inventory, measured in months on the market, has dropped 52.4%. We did a detailed analysis of homes inventory in July 2008. So, let's compare July of 2008 when the market was ... http://www.lynnbyrne.com/articlesblog/daytona-beach-market-news/daytona-beach-homes-months-inventory-falls/ 2009 Daytona Beach Home and Condo Sales Report by Price Range 88.7% of sales of Daytona Beach Homes and Condos in 2009 were in the under $300,000 price range. See the graph below for the full visual impact. Overall Daytona Beach real estate sales were up 38.1% in 2009 over 2008. Condos ... http://www.lynnbyrne.com/articlesblog/daytona-beach-home-sales/2009-daytona-beach-home-conod-sales/ Brilliant Florida January Sunset in Ormond By The Sea Colors and light change in a brilliant dance as the sun sets on the western sky on a cool January evening. Ormond by the Sea Florida is just north of Ormond Beach up A1A. It is a quiet community with many nice ... http://www.lynnbyrne.com/articlesblog/photo-friday/ormond-by-the-sea-january-sunset-photo/ FHA Waives 90 Day Rule for Investors Who Renovate and Sell Properties purchased for renovation or repair by investors for resale were not eligible for FHA loans until 90 days after the purchase. As of February 1, that's changing. The FHA is waiving the 90 day period for one year, starting ... http://www.lynnbyrne.com/articlesblog/mortgage-news/fha-changes-flipping-rules-to-help-investors-and-market/ Borrowers to Pay More for FHA Loans With rule changes that will be coming in the summer, an FHA loan could cost you 10% more to close. That $20,000 on a $200,000 loan. 3.5% Down Payments and seller concessions of up to 6% will soon be a thing of the past for ... http://www.lynnbyrne.com/articlesblog/mortgage-news/get-your-fha-loan-now/