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...]
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...]
Government to Provide Incentives for Short Sales
US Government To Provide Short Sales Incentives I have completed a lot of short sales of Daytona Beach homes and condos over the past two years. I expect more sellers will be taking advantage of short sales with the latest government plan to provide … [Read more...]
November 2009 Daytona Beach Real Estate Sales Up 99%
Daytona Beach Real Estate Sales Up 99% Over 2008 November Daytona Beach real estate sales were recorded at 404 homes and condos in the Daytona Beach MLS, nearly doubling the 203 sales from a year ago. Sales were up 13.8% over October of this year. … [Read more...]