Bob Koslow wrote and article on Daytona Beach Condos yesterday in the News Journal and quoted me twice. The article is pretty wide ranging, but here's what I had to say about prices: "There cases of cheap condos all over the place'" said Lynn … [Read more...]
Real Estate News - Daytona Beach
Real Estate News from Daytona Beach, Florida and the USA
Government Foreclosure Prevention Program Two Things You Need to Know
Federal Government Foreclosure Prevention Program Goes Into Affect Today The Two Most Important Things You Need to Know Find out if you qualify from YOUR LENDER. You are not going to find out from anyone else. Not all lenders are participating … [Read more...]
Homeowner Affordability and Stability Plan – A lot of Smoke
President's Plan Short on Details Big on Hope I just read the executive summary of President Obama's Homeowner Affordability and Stability Plan. After getting through the smoke, all that's left is hope. The way the plan stands now, it is no more than … [Read more...]
Daytona Beach Home Buyers Beware – Mortgage Rates Bounce Back
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...]
One Positive Sign from Troubled Bank of America
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...]