Fewer and fewer Daytona Beach homes are being bought and paid for with all cash. The same trend is holding up nationally as well. Cash home sales fell to 35.5 percent of the market nationwide in December 2014 compared to 38.5 percent in December 2013, according to new numbers released by CoreLogic. A high rate […]
Daytona Beach Home Warranty: Why Avoid Them
If you're considering getting a Daytona Beach home warranty, you might want to think again. You may have bought your share of home warranties—service contracts that promise to cover appliances and other items that break down in your home—whether they were a Daytona Beach home warranty, or one you purchased in another area. The fact […]
Daytona Beach Homebuying Season Outlook
There have been all sorts of reports and predictions coming out about the Daytona Beach homebuying season outlook. Freddie Mac’s Deputy Chief Economist, Len Kiefer, gives Freddie Mac’s preview and prediction of the March 2015 U.S. Economic and Housing Market Outlook in this short video report… . We have more news as it relates to […]
Buying a Daytona Beach Home: How Much Salary Needed?
One of the questions we're asked quite often of people buying a Daytona Beach home is, "How much salary do I need to make in order to qualify for a mortgage?" On a national scale, a buyer who puts 20 percent down would need to earn a salary of $48,604 to afford the median-priced home […]
Buying Daytona Beach Real Estate With No Money Down?
Buying Daytona Beach real estate used to require 20 percent down in most cases to get the best deal and avoid Private Mortgage Insurance. In recent months, the Obama administration has taken several steps to expand the credit box and make it easier for borrowers, especially first-time homebuyers, to buy Daytona Beach real estate. To […]
Major Daytona Beach Home Buying Mistakes
There are several major Daytona Beach home buying mistakes that could cost you a minor fortune if you slip up and commit these errors. Even so, there's plenty you can do to affect how much money you spend on a purchase. A lot rides on your choice of real estate agent. A disturbing finding in […]
Choosing Daytona Beach Home Renovations Wisely
When thinking about Daytona Beach home renovations to take on before listing your home for sale, you may think investing in a new kitchen or bath will help ramp up your sale price. But getting back a 100 percent of your investment in the first year after doing the renovations is not guaranteed. You must […]
First Time Daytona Beach Home Buyer Tax Deductions
If you're a first time Daytona Beach home buyer, there may be some important things you already know about, like things you now have to take care of yourself that a landlord used to do for you. But being a homeowner also affects tax deductions you can take to help lower your tax bill. Now […]
Daytona Beach Home Sales Numbers: Victim of Winter?
Daytona Beach home sales have fallen to their slowest pace in nine months, with sales of existing homes tumbling 4.9 percent last month. Relatively low mortgage rates and steady job growth have not yet spurred the kind of activity from buyers or sellers, raising the possibility of either a spring rush, or another year of […]
Many Daytona Beach Homebuyers Can Get Help
A study to make Daytona Beach homebuyers realize they could qualify for a free down payment without hitting the jackpot and winning the lottery found that 87 percent of all U.S. homes qualify for down payment help. Daytona Beach Homebuyers Need to Investigate Options Many Daytona Beach homebuyers, especially Millennials, have not fully investigated their […]
