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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.

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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Home Prices Up in September

Standard & Poors/Case Shiller released their September results for 20 US metro areas yesterday. The index rose 0.3% over August prices. Prices are still down for the year, but prices from the third quarter of 2009 rose 3.1% over the second quarter.

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Foreclosure and Delinquency Rates Rise

A new record high of homeowners delinquent on the mortgage or foreclosure was reached in the third quarter. Rising unemployment and balloon and teaser rate mortgages coming due through 2011 means that foreclosures and short sales are likely to continue through 2011-2012.

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