Last year, we got predictions from Wall Street experts and people on Main Street about what was going to happen to the stock market, oil prices, and housing prices. So who was smarter, the experts, or people on the street. Let’s see who was right… . In our next video report, we’ll take a look […]
What Prevents Millennials from Buying Daytona Beach Homes?
When it comes to buying Daytona Beach homes, first-time buyers, the millennial generation, falls under the "prime" home buying demographic. Unfortunately, many millennials also fall into another, less desirable, category: adult children. An adult child is a term that's caught on recently, and simply refers to adults roughly between ages 18 and 30 who still […]
Daytona Beach Short Sellers Get Last Minute Tax Break
Daytona Beach short sellers who completed short sales during 2014 and had mortgage debt cancelled, got a huge 11th-hour tax break when the Senate extended the Mortgage Debt Forgiveness Act. The average Daytona Beach short sellers had a mortgage balance one and a half times higher than the market value of the house. Big Break […]
Daytona Beach New Homes: Market Looking to Recover
The Daytona Beach new homes market was a bit on the sluggish side overall in 2014, but some analysts look for things to turn around in the next 2 to 3 years. Some blame the overall slow comeback on builders who are reluctant to move very far outside of their familiar markets into more peripheral […]
Setting a Budget This Year
Are you one of the many people who set New Year's resolutions each year, only to find that you've strayed away from that goal by the end of January? If you've resolved to setting a budget this year, here are three things you MUST do in order to achieve your budget goals for the year… […]
Daytona Beach Housing Market: 3 Biggest Threats
A lot of housing experts and economists are expecting the Daytona Beach housing market recovery to gain steam in the new year. But three big factors could still derail the whole ball of wax! Biggest Threats to the Daytona Beach Housing Market 1. Incomes Not Keeping Pace – Despite a much rosier outlook for jobs, […]
Are Daytona Beach Mortgages Really Becoming Easier to Get?
Saving up to buy a Daytona Beach home might not be as much of a challenge as it used to be, now that the Federal Housing Finance Agency (FHFA) will allow some first-time homebuyers to make down payments of as little as 3 percent on Daytona Beach mortgages. Why Down Payments on Daytona Beach Mortgages […]
2015 Daytona Beach Housing Outlook
Following up on our New Year's Day newsletter, in this post, we take a quick look back, as well as a look ahead and what the new year holds in store for the Daytona Beach real estate market. 2014 was an encouraging year for the Daytona Beach housing sector. Housing nationwide found itself on a […]