Daytona Beach Housing Market Update

August Daytona Beach Housing Update

We're back with our August Daytona Beach Housing Update. Let's see how interest rates are affecting our housing market.  Daytona Beach Housing Update July 2023 August 2022 August 2023 Percentage Difference Number of Listings 811 641 813 26% Increase New Listings 240 254 218 14% Decrease List...

Port Orange Housing Market Update

2023 Port Orange Housing Update

We're back with our August Port Orange Housing Update. What are your thoughts? Port Orange Housing Update July 2023 August 2022 August 2023 Percentage Difference Number of Listings 186 185 185 0% Increase New Listings 118 103 114 10% Increase List Price $546,000 $526,000 $556,000 6% Increase Sales Price $400,000 $389,000 $420,000 8% Increase Days on Market 67 Days 55 Days 77...

National Mortgage Update

Mortgage Rates Update

Mortgage rates continue to rise and currently sit at 7.12% according to Mortgage News Daily. Here is an overview of where we stand today: Mortgage applications rose in the latest week, even though rates stayed the same. This is because some buyers have accepted the higher rates, and others are buying now because inventory is low. The average 30-year fixed mortgage rate was 7.31%, unchanged...

Idalia

Preparing For A Hurricane

Tropical Storm Idalia intensified this morning as it approaches Cuba. The National Hurricane Center is predicting it would grow into a Category 3 major hurricane before striking Florida this week. Central Florida should expect to see Idalia Tuesday night - Wednesday morning. Here are 5 things to do to prepare for Tropical Storm Idalia: Make a plan and know your evacuation route. Talk to your...

Mortgage Rates

What Do These High Mortgage Rates Mean For You?

The mortgage rates have been rising steadily in recent months and have reached the peaks we were seeing in 2000. This is having a significant impact on the housing market. For home buyers, higher rates mean higher monthly mortgage payments. This can make it more difficult to afford a home, especially for first-time buyers. However, there is one silver lining for buyers: the higher rates are also leading...

Affordable Housing

Daytona Beach City Donates Land for Affordable Housing

The Daytona Beach City Commission donated seven city-owned lots for affordable housing to Mid-Florida Housing Partnership.  A nonprofit that helps people get into affordable housing. The lots are located in the Downtown Redevelopment Area, the Midtown Redevelopment Area, and the Midtown neighborhood. The lots have an appraised value of just over $10,000. Two of the parcels are just under 2,300 square...

highest paying jobs

Top 25 Highest Paying Jobs In Central Florida That Don’t Require A College Degree

To find the highest-paying jobs that do not require a college degree, Stacker analyzed the Bureau of Labor Statistics' Occupational Outlook Handbook to identify all jobs that do not require a bachelor's degree. To be considered, occupations had to list a high school diploma, some college education (without a degree), a postsecondary non-degree award, or no formal education requirements for entry-level...

Building Your House

7 Steps In Building Your House

If you have dreams about building your house then these 7 steps are basic steps to help get started. Find land. This is the first and most important step. You need to find land that is zoned for residential construction and that has the necessary utilities. You can find land for sale online or through a real estate agent. Get financing. You will need to get financing to purchase the land and to...

Homebuyers

Orlando in the Top 5 Destinations for Homebuyers

Homebuyers the past several years have flocked to Florida. According to Redfin, here are the top 5 destinations for homebuyers. Las Vegas Phoenix Tampa Orlando Sacramento The majority of people moving to Orlando are coming from New York City. Homebuyers are still taking advantage of remote work opportunities to move to more affordable areas with better housing options. According to a...

Hurricane Season

Prepare For Hurricane Season

NOAA predicts a near normal Hurricane Season with 5-9 hurricanes. After last year's hurricane destruction and the season ramping up I want to help you prepare for Hurricane Season. Here are some tips on how to prepare for hurricanes: Make a plan. Know your evacuation route and have a plan for where you will go if you need to evacuate. Make sure you have a way to communicate with your family...

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