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...]
Daytona Beach Home Sales Up 30.6%
Daytona Beach Real Estate Sales Up 30.6% in 2009 February Daytona Beach homes sales came in at 256 properties, up from 214 in January or 19.6%. But, better news is that with 470 properties sold so far in 2009, we are 30.6% up over the 360 homes and … [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...]
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...]
Bailout Affect for Daytona Beach Real Estate
The Affect of the Next $350 Billion Bailout for Daytona Beach Real Estate Yesterday, the $350 billion in bailout or TARP funds were release by Congress. The release came in response to requests from the incoming Obama administration to help the … [Read more...]