The Daytona Beach home ownership rate has dropped to 65 percent according to the US Census Bureau. This is after holding above 66 percent for the past three quarters. The last time the rate was this low, former President Bill Clinton was in office serving his second term. With the nationwide home ownership rate also […]
Daytona Beach Rental Property Rates Keep Climbing
Daytona Beach rental property rates were 4% higher in April than a year before, according to a report from Zillow. That's the fastest increase in two years, outpacing Daytona Beach home prices, according to the report. Daytona Beach rental property affordability is getting worse, and it doesn't look like it will be getting better anytime […]
Larger Daytona Beach Homes Are Back
According to recent data from the U.S. Census Bureau, larger Daytona Beach homes are making a comeback, and bigger than ever. After a few years of shrinkage in the aftermath of the Great Recession, the median square footage of newly built Daytona Beach homes last year tipped the scales at over 2,400 square feet. That’s […]
Myths of Buying and Selling Daytona Beach Houses
There are several myths that have long circulated when it comes to buying and selling Daytona Beach houses. We decided to try and bust those myths in this article. What Everyone Misses When Buying and Selling Daytona Beach Houses The most important rule in real estate is location, location, location. Not true! The most important […]
Daytona Beach Home Sales and Prices Rising
Daytona Beach home sales continue to increase as more and more homes come on the market, a sign of strength in housing as the Spring home buying season swings into high gear. Daytona Beach home sales have been constrained by a shortage of properties on the market, which has pushed up home prices and limited […]
Daytona Beach Real Estate Trends to Watch
As the weather warms up, so does the Daytona Beach real estate market, and experts say this year's spring selling season is shaping up to be an active one. Beth Braverman with The Fiscal Times penned an article recently that points out the trends to watch in 2015, whether you're buying or selling. 2015 Daytona […]
New Roadblocks Could Affect Daytona Beach Housing Market
There's a potential new roadblock on the horizon that could wreck havoc with the Daytona Beach housing market, just when it's pulling out of its worst downturn in decades. Changes to Forms Could Affect the Daytona Beach Housing Market On August 1st, the new TRID (TILA-RESPA Integrated Disclosure) forms replace the HUD-1 Settlement and Good […]
Buying a Daytona Beach Home or Saying I Do?
Buying a Daytona Beach home is not always first in the minds of newlyweds, especially when you stop to think that total average spending on weddings has now exceeded $31,200! One might ask, "Should you spend that much on a wedding, or use the same dollars for a down payment on a Daytona Beach home?" […]
Fewer Daytona Beach Homes Being Bought With All Cash
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 […]