Daytona Beach Real Estate Blog
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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.
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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?
In the past 18 months, Daytona Beach Homes and Condos inventory, measured in months on the market, has dropped 52.4%.
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.
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.
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
Ah, the summer and the heat and the beach and brilliant sunshine. Just memories during the past two weeks when we’ve seen cold Florida.
Foreclosures over the next two years will continue in Florida and around the country as more “interest only” and low payment loans come due for conversion.