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More Foreclosures on the Way for Daytona Beach Real Estate

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...]

Aladdin and Sears Home Kits – A Home for $687 – in 1917

Aladdin Kit Homes - A Little History In Birmingham England there is a bit of Americana that you might never guess. 200 Kit Homes from Aladdin Homes of Bay City, Michigan sit in a cluster. Built during World War II, the English have placed these … [Read more...]

Daytona Beach Real Estate Market Boosted by US Treasury

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...]

Beware – Daytona Beach Homes Rental Scam

Nigerian Rental Scam in Daytona Beach Recently, I had a customer who was trying to rent a home in Daytona Beach or Ormond Beach, prior to making a purchase.  He found a listing on Craig’s List – WOW!  In one of our premiere, gated neighborhoods a 4 … [Read more...]

November New Home Sales Down 11.3% – Who Is Surprised?

November New Home Sales Down 11.3% From October November new home sales are down and I'm surprised at the surprise expressed in the media. I would have bet a dollar to a donut that sales would be down. Sales in the south were down more than 20% and … [Read more...]