It’s that time of the year again where the experts dust off the Daytona Beach real estate crystal ball and look into the future. Whether you’re buying, selling or renting the real estate market affects you in one way or another. Here are a few predictions for 2016. Daytona Beach Real Estate: 4 Expectations for […]
Retire in Your Daytona Beach Home
Your current Daytona Beach home may or may not be the place you’ll end up living when you retire. Many of us have dreams of retiring to a secluded beach or some other relaxing location. Statistically, however, most people never leave “home” when they retire. Let’s look at a few reasons to stay put when […]
Daytona Beach Housing: Emerging From Underwater
Recent Daytona Beach housing statistics — included as part of third quarter housing results reported by Zillow –– show that roughly a million U.S. homeowners finally owe less than their homes are worth. Water Receding in Daytona Beach Housing Market? According to the Zillow report, the negative equity rate among homeowners in the U.S. dropped […]
Daytona Beach Housing Snapshot October 2015
The Commerce Department recently reported housing starts in the Daytona Beach housing market and other parts of the U.S. dropped to a seven month low in October. And while single-family home construction in the South fell, a greater-than-expected surge in building permits indicate housing is still relatively strong. A Closer Look at Daytona Beach Housing […]
Daytona Beach Housing: Rent on the Rise
Rent increases seem to be the norm rather than the exception in the Daytona Beach housing market. While increases affect renters at all income levels, those near the bottom are being hardest hit. Rent Inflation Affects Daytona Beach Housing Higher rents are having a greater impact on the lower-cost housing units than on the higher-cost units say […]
Daytona Beach Real Estate Myths
If the Daytona Beach real estate market isn't confusing enough at times, many people have misconceptions that make it even more so. Often these myths dissuade others from entering the home buying or home selling maze. Don't believe everything you hear. Here are a few popular real estate myths. Daytona Beach Real Estate – Misconceptions Myth: With […]
Daytona Beach Housing Bubble – Can it Happen Again?
Indirectly addressing concerns that the current Daytona Beach housing market — among others across the nation — is destined to suffer the woes of the housing collapse of less than a decade ago, Former Federal Reserve Chair Ben Bernanke recently shared his thoughts on the subject. Has Daytona Beach Housing Learned a Lesson? Bernanke said […]
Daytona Beach Home Buying On Back Burner?
Many Daytona Beach home buying experts say that more people are waiting longer to purchase. This is especially true with the generation known as "Millennials," those in their late 20s to mid 30s. In fact, according to Zillow the average age of most first-time home buyers is 33, compared to 29 in the late 1970s. […]
How a Rate Hike Would Affect Daytona Beach Housing
The Daytona Beach housing market has been anticipating a possible interest rate hike by the Federal Reserve Bank. Analysts say a small interest rate hike will have little effect on housing activity. In fact, there are other components that are more telling that could impact Daytona Beach housing. What to Look for in the Daytona […]
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 […]