Mortgage Rates Bounce Back from Historic Lows January 22, 2009 Earlier this week mortgage rates for 30 year conventional mortgages were at 5.14%, at the close of business today, rates were at 5.44% according to bankrate.com. In our last Daytona … [Read more...]
Ormond Beach Art Show – January 25th
January 22, 2009 by Leave a Comment
40 Artists On Display on January 25th at Lulu's It's been cold. My dogs look at me like it's my fault. I need a break and maybe you do too. My friend Jimmy Harper of 508 Art Gallery in Ormond Beach has put together an art show with about 40 local … [Read more...]
One Positive Sign from Troubled Bank of America
January 18, 2009 by Leave a Comment
Is One Bank Finally Getting It? We have said numerous times that until the banks start negotiating with troubled home owners to prevent foreclosures, that real estate prices will continue to fall and the glut of the homes on the market will remain. … [Read more...]
Bailout Affect for Daytona Beach Real Estate
January 17, 2009 by Leave a Comment
The Affect of the Next $350 Billion Bailout for Daytona Beach Real Estate Yesterday, the $350 billion in bailout or TARP funds were release by Congress. The release came in response to requests from the incoming Obama administration to help the … [Read more...]
Is Mortgage Mitigation The Answer to the Real Estate Crisis?
December 9, 2008 by Leave a Comment
Let's End The Daytona Beach Real Estate Crisis The finger in the dike approach is not working. The national and Daytona Beach condo and home market is being flooded with short sales and foreclosure properties. More distressed properties are entering … [Read more...]
