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...]
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...]
Can Investors Get Tax Forgiveness for Short Sales?
Do Investors Get The Same Tax Forgiveness as Primary Residence Homeowners? The investor does not have the same right to tax forgiveness that owners of their primary residence. That means that if you sell your investment property as a short sale, you … [Read more...]
Does a Short Sale Hurt My Credit?
How a Short Sale Affects Your Credit I've been asked several times by Daytona Beach homes sellers about how a short sale will affect their credit scores. Each situation is different, but there are a few common points that you need to know. Late … [Read more...]