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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Photo Friday – September Sunset at Daytona Beach Municipal Stadium Football is very popular in Daytona Beach and we have some pretty good football teams.
In Birmingham England there is a bit of Americana that you might never guess. 200 Kit Homes from Aladdin Homes of Bay City, Michigan sit in a cluster. Built during World War II, the English have placed these homes in the British Historic Register.
There is little doubt that the Daytona Beach homes market has been boosted by US government actions. The home buyers tax credit, FHA, Freddie Mac and Fannie Mae backing mortgages supports the market.
A homeowner short sales their home because the home value is less than the mortgage. Then they spot a great deal on a short sale home. Can they use an FHA loan?
Yes, mortgage rates are up. Rates have jumped from 4.93% at the beginning of the month to 5.37% today. The question is will they go up further, or stop and reverse.
River, ocean, canopy roads, bright sunshine and warm weather attracted us the Daytona Beach area in 1995. We stay for the lifestyle and the weather. On Christmas Eve morning, another beautiful sunrise greeted us.
November new home sales are down and I’m surprised at the surprise expressed in the media. I would have bet a dollar to a donut that sales would be down.