We're back with our June New Smyrna Beach Housing Update. Let's see how interest rates are affecting our housing market. New Smyrna Beach Housing Update May 2023 June 2022 June 2023 Percentage Difference Number of Listings 172 98 190 94% Increase New Listings 98 79 82 4% Increase List Price $549,900 $535,000 $539,000 1% Increase Sales Price $421,000 $475,000 $434,745 8%...
We're back with our June Port Orange Housing Update. What are your thoughts? Port Orange Housing Update May 2023 June 2022 June 2023 Percentage Difference Number of Listings 198 160 189 18% Increase New Listings 121 127 118 7.1% Decrease List Price $365,000 $465,000 $375,000 19.35% Decrease Sales...
Florida Hometown Heroes starts today and allows you to purchase a home for $0 due a closing if you meet the following 3 requirements: You are a first time homebuyer or have not owned a home in the last 3 years You have a full time job Your credit score is 640 or higher Florida Hometown Heroes Important Points: Max amount $35,000 (5% of loan amount) Can be used for down payment and...
The Pioneer Trail Interchange has been a much debated project for the past 20 years. It appears construction will begin this December on a $92 million dollar project that aims to reduce the burden of traffic in Port Orange and New Smyrna. Why is the Pioneer Trail Interchange happening now? When you look at all the new development pouring into the area between Williamson Blvd and SR 44....
The Turnbull Grand Canal is getting a much needed restoration! I love Florida's rich history and any project that aims to restore the tranquil beauty of Turnbull Canal. A substantial $1.3 million federal grant has been allocated to support the ongoing restoration project. For too long, Turnbull Canal has suffered from neglect and deterioration. However, a newfound ray of hope shines upon us. Thanks to...
The Volusia County Council recently approved up to 156 new homes in two new developments on the west side of the county in Deland. The first will be Located on 1920 N Woodland Blvd in Deland and will consist of 74 single family homes on 32 acres. The second is 82 homes on 29 acres located at 1770 W. Plymouth Ave in Deland. This is a good decision that will benefit the area in a number of ways. First,...
Another new development potentially coming to the corner of LPGA and International Speedway Boulevard! LPGA Boulevard, located in Daytona Beach, Florida, is gearing up for an exciting expansion that will bring new homes and shops to the area. The project aims to revitalize the boulevard and provide residents with enhanced amenities and shopping options. The proposed development plans include the...
The national housing inventory has been all over the place in the past 6 months. However, the national housing inventory is at it's lowest point in the past 4 years. Limited Supply: The recent drop in housing supply is like finding a treasure trove waiting to be discovered. For potential buyers, this presents a chance to stand out in a less crowded market. As a buyer's agent, I am...
When you're buying a home, one of the most important things to consider is how much of your debt-to-income ratio (DTI) should be allocated to your mortgage payment. Your DTI is the percentage of your monthly income that goes towards debt payments. Lenders typically want to see a DTI of no more than 36%, but some may be willing to approve loans with a higher DTI, depending on your credit score, down...
As a real estate agent, it's crucial to inform homeowners about cost-effective upgrades that can save them money. One such option gaining popularity is harnessing the power of solar energy. In this article, we'll explore solar tax credits and how they can help homeowners maximize their savings while making sustainable improvements to their homes. Solar tax credits are financial incentives provided by...