Entering the Daytona Beach home buying market can be an interesting and rewarding opportunity. In order to fully understand the home buying process, it's important to spend some time doing research on the market. Here are a few points to consider as you prepare to embark on your house hunting safari. Daytona Beach Home Buying Tips […]
Daytona Beach Real Estate Prices Rising
Daytona Beach real estate prices are rising. And that's both good news and bad news, depending on whether you're a home seller or a home buyer. According to the National Association of Realtors the median home price in the United States was up over 8% in the second quarter of this year compared to the […]
Your Daytona Beach Home Isn’t Selling… So Now What?
A Daytona Beach home that's priced correctly and has an overall general appeal should sell within 30-45 days in a good housing market. That's the consensus among most real estate agents and industry experts. When a sale doesn't occur in that timeframe, some home sellers and real estate agents can get discouraged, frustrated and antsy. […]
Daytona Beach Home Buying – To Rent or Buy?
If you've followed the latest Daytona Beach home buying trends, no doubt you've heard people say there's no better time to buy a home than now. With mortgage interest rates at very affordable levels, credit availability relatively high and down payment requirements low, it's a tempting combination for many renters thinking of entering the homeownership arena. […]
The Daytona Beach Housing Outlook
The Daytona Beach housing outlook continues to remain positive. The Commerce Department released information confirming that the sales of newly built homes rose more than 5% in July. In addition, prices for new homes were up. Homebuilders cite two reasons for the recent higher traffic and sales activity: 1.) The much anticipated rate increase by […]
Daytona Beach Mortgage Market To See Changes
In a move to assist Daytona Beach mortgage borrowers, the Federal National Mortgage Association (Fannie Mae) announced it will make substantial changes in a lending program for low-to-moderate-income households. The program, dubbed HomeReady, is scheduled to begin in December. It promises to feature new lending guidelines recognizing that many of Daytona Beach mortgage customers share […]
HMDA Data Helps Daytona Beach Mortgage Market
In addition to other favorable signs, the Daytona Beach mortgage market is expected to be one of the positive features in the recovery of the housing market. Experts say Home Mortgage Disclosure Act (HMDA) information indicates the housing improvement continues. Continued Improvement in Daytona Beach Mortgage Market Expected Because of the data trends, lending projections are expected […]
Daytona Beach Housing Market on the Upswing
The Daytona Beach housing market is doing better than expected. According to recently-released Commerce Department statistics, new home sales across the country enjoyed a 25% percent increase in July, 2015 compared to the same month a year ago. Daytona Beach Housing: A Seller's Market It's a seller's market, evidenced by these characteristics: Higher sales prices […]
When a Daytona Beach Home Inspection Goes Bad
A Daytona Beach home inspection may not necessarily be required, but it’s usually a good idea and a popular recommendation from industry insiders and real estate agents. However, hiring the right inspection company or home inspector is very important. Because home inspection horror stories can and do happen, some prospective buyers seek the expertise of […]
Daytona Beach Home Improvements: Mistakes Seniors Make
Daytona Beach home improvements are often planned and made by senior homeowners and many of them make mistakes by not considering their future needs. As homeowners get older they should carefully consider remodeling and renovating their homes. Mistakes may lead to financial challenges as the homeowners reach retirement age or beyond. Daytona Beach Home Improvements: […]
