Do Investors Get The Same Tax Forgiveness as Primary Residence Homeowners? The investor does not have the same right to tax forgiveness that owners of their primary residence. That means that if you sell your investment property as a short sale, you … [Read more...]
Foreclosure and Delinquency Rates Rise
November 20, 2009 by Leave a Comment
The Foreclosure Wave is Nowhere Close to Ending 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 … [Read more...]
Does a Short Sale Hurt My Credit?
September 14, 2009 by 1 Comment
How a Short Sale Affects Your Credit I've been asked several times by Daytona Beach homes sellers about how a short sale will affect their credit scores. Each situation is different, but there are a few common points that you need to know. Late … [Read more...]
First Half 2009 Daytona Beach Homes Sales Strong in Some Segments
August 2, 2009 by Leave a Comment
First Half 2009 Daytona Beach Home Sales Up 1735 Daytona Beach homes and condos were sold in the first half of this year. That's up from 1433 in the first half of 2008's for a 21% improvement. What's interesting is to see where the sales are coming … [Read more...]
Short Sale Survey Facts
May 13, 2009 by 2 Comments
New Survey Gives Banks Low Marks for Short Sale Process Arthur Delaney at huffingtonpost.com, wrote an article titled Short Sales: How Everybody Loses From Banks' Opposition. The article cites a survey conducted by Campbell Communications that may be … [Read more...]
Daytona Beach Homes Inventory Falls – May 2009
May 10, 2009 by Leave a Comment
Daytona Beach Homes Inventory Numbers Fall Has recovery begun? 16 months ago, black clouds lingered over the Daytona Beach real estate market. Inventory levels stood at over 42 months. Three and a half years, on average to sell your house or … [Read more...]
Daytona Beach Condos – What’s Selling?
May 4, 2009 by Leave a Comment
Daytona Beach Condos - What's Selling and Where? What's selling now in Daytona Beach? Four months into the new year, condos sales are up 19.5% over last year both for Daytona Beach area homes and condos. Interested in what's selling? Here's the … [Read more...]
One Sentence Daytona Beach Real Estate Market Analysis
April 21, 2009 by Leave a Comment
Daytona Beach Homes Market Analysis in One Sentence Drum roll please - If a home or condo is priced aggressively in the Daytona Beach real estate market, it will sell. Yeah, so simple, but it wasn't that way six months ago. Now, bargain hunters are … [Read more...]
Monthly Daytona Beach Real Estate Report for March 2009
April 17, 2009 by Leave a Comment
Monthly Daytona Beach Real Estate Sales Reports March 2009 We publish a lot of reports because Daytona Beach condos and homes buyers and sellers need a lot of information in this market. It might seem execessive, but if you're interested in our … [Read more...]
