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Daytona Beach Real Estate Blog | Lynn Byrne, Realtor

Daytona Beach Real Estate Blog

Latest Articles and Information

There’s a lot of information here about Daytona Beach Real Estate, covering the Daytona Beach area including Ormond Beach, Port Orange, Ponce Inlet, Holly Hill and the surrounding area.

You the search feature below to search the blog and site for information. If you can’t find what you’re looking for, please call me and I’ll work with you to find the answer.

$8,000 Home Buyers Credit Extended and Expanded

First time home buyers and Homeowners who have lived in a current home five of the last eight years are eligible for $8,000 and $6,500 respectively in income tax credits. To take advantage of the credit, you must have a binding contract by April 30, 2010 and must close by June 30, 2010.

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Daytona Beach Homes – Prices Drop Only 1.55% Over Six Months

Prices of Daytona Beach Homes have fallen this year, but most of the drop was in the first quarter. The drop in the second and third quarters was less than 1.6%. Yes, that’s right, in the past six months, home prices in the Deltona-Daytona Beach-Ormond Beach metropolitan area, as recorded by the National Association of Realtors (NAR), have fallen only 1.55%.

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More Perspective on Short Sales

55% of Florida home sales in September were REO (real estate owned) and short sales according to Lender Processing Services (LPS). As a home buyer, the Daytona Beach condos and homes you will be searching for and seeing will be in financial distress over 50% of the time.

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