Daytona Beach Homes Months of Inventory Falls 52.4% in 18 Months In the past 18 months, Daytona Beach Homes and Condos inventory, measured in months on the market, has dropped 52.4%. We did a detailed analysis of homes inventory in July 2008. So, … [Read more...]
Daytona Beach Area Market News
Real Estate market news for the Daytona Beach Florida area.
2009 Sales of Daytona Beach Condos Improve 69.6% Sales of Daytona Beach Condos increased significantly in 2009, both in sheer volume and as a percentage of all Daytona Beach real estate sales. 394 more condos were sold in 2009 than in 2008. 958 … [Read more...]
Foreclosures are Not Going Away in Next Two Years 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. At the end of the real estate bubble, … [Read more...]
2009 Big Recovery Year for Daytona Beach Real Estate Sales Sales of Daytona Beach Condos and Homes were way up in 2009. More homes and condos were sold in the 12 months of 2009 than in the previous 16+ months in 2007 and 2008. 3993 properties were … [Read more...]
US Treasury Removes Limits on Public Money for Freddie Mac and Fannie Mae 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 … [Read more...]