We're back with our Ormond Beach Housing Update. It's been a very busy summer so far! Ormond Beach Housing Update July 2023 August 2022 August 2023 Percentage Difference Number of Listings 416 320 419 30% Increase New Listings 150 172 178 3% Decrease List Price $539,000 $604,000 $644,000 6%...
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...
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...
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...
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...
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...
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 June 2023 July 2022 July 2023 Percentage Difference Number of Listings 190 124 184 48% Increase New Listings 82 78 68 13% Decrease List Price $539,000 $587,000 $557,000 5% Decrease Sales Price $494,000 $555,000 $516,000 7%...
We're back with our July Port Orange Housing Update. What are your thoughts? Port Orange Housing Update June 2023 July 2022 July 2023 Percentage Difference Number of Listings 189 182 182 0% Increase New Listings 118 136 116 15% Decrease List Price $375,000 $434,000 $379,000 13% Decrease Sales...
We're back with our Ormond Beach Housing Update. It's been a very busy summer so far! Ormond Beach Housing Update June 2023 July 2022 July 2023 Percentage Difference Number of Listings 416 226 416 84.5% Increase New Listings 159 196 150 23% Decrease List Price $470,000 $472,000 $459,000 3% Decrease Sales Price $410,000 $425,000 $408,000 4% Decrease Days on Market 87 Days 59...
We're back with our July Daytona Beach Housing Update. Let's see how interest rates are affecting our housing market. Daytona Beach Housing Update June 2023 July 2022 July 2023 Percentage Difference Number of Listings 863 534 811 51% Increase New Listings 307 255 240 6% Decrease List...