Daytona Beach real estate news trends seem to indicate an increasing number of Americans in search of the proverbial American Dream of home ownership may not be able to experience it. In a nutshell, they either can’t afford the prices of new homes or are unable to save money for a down payment. Recent statistical models […]
Daytona Beach Real Estate News Outlook: Housing to Cost More?
Making the Daytona Beach real estate news outlook is the recent policy from the Trump administration that it had reversed one of the eleventh hour decisions made by the outgoing Secretary of Housing and Urban Development (HUD). The reversal involved the reinstatement of a cut in the Federal Housing Administration (FHA) annual insurance premium. The […]
Daytona Beach Real Estate Outlook: More Equity, Murky Future?
The Daytona Beach real estate outlook these days is a combination of good and bad. The good is that home prices have been rising nationwide for 53 consecutive months – nearly 4 1/2 years! The increases have floated millions of borrowers previously underwater on their mortgages to the safe surface where they can finally catch their […]
Daytona Beach Housing Market: Looking Back and Ahead
The Daytona Beach housing market deserves an analysis of what's happened so far this year – and what we can expect in 2017. With the end of the year quickly approaching, let’s take a look at some of the important facts impacting the real estate market this year. Refinancing is on the decline. It took […]
Daytona Beach Millennial Homebuyers on the Move
After several years on the sidelines, a new report shows Daytona Beach millennial homebuyers are finally starting to enter the market. The recently published survey included more than 13,000 homeowners, renters, buyers and sellers and is part of the Zillow Group Consumer Housing Trends Report. The survey shows millennials are participating in the market and, […]
Latest Daytona Beach Real Estate News: Fair Housing Gets Fairer
The latest Daytona Beach real estate news recently included the U.S. Department of Housing and Urban Development (HUD) issuance of new regulatory guidelines to the Fair Housing Act. The new guidelines more closely quantify and qualify “those actions or policies by landlords, property managers, real estate agents or lenders that could be classified as discrimination” […]
Is There a Daytona Beach Housing Bubble Looming?
Among several housing-related stories making the news around here locally asks the question, Is there a Daytona Beach housing bubble in our future? Before we can attempt to answer the question, let’s define what is meant by a “housing bubble.” What exactly is a "Housing Bubble?" A “housing bubble” is an increase in housing prices fueled […]
Daytona Beach Real Estate News May Affect Luxury Home Prices
The latest Daytona Beach real estate news indicates recent employment gains could improve the price recovery of luxury homes on the market. During the first quarter of 2016, unexpected stock market volatility caused a decrease in luxury home values. Prices were able to recover slightly during the second quarter with an increase of nearly 1%, […]
Daytona Beach Real Estate News: What to Expect Moving Forward
Daytona Beach real estate news includes one recurring question: “Where are all the houses?” It’s a question real estate professionals, economists and prospective homebuyers have been asking for some time now. While home buying demand is high and home prices have been on the rise, the real estate market has still not completely recovered. In […]
Student Loan Debt Hurting Daytona Beach Home Buying
The Daytona Beach home buying experience continues to be an elusive one for many first-time purchasers for a variety of reasons. Student loan debt is among the biggest hurdles facing prospective buyers that ordinarily would be prime candidates to purchase homes. In addition, not only is student loan debt responsible for delaying first time home […]