This time I'm going to break down every Volusia County City into one blog post. Scroll down to view your city. Volusia County Housing Update June 2023 July 2022 July 2023 Percentage Difference Number of Listings 2,161 1,581 2,188 38% Increase New Listings 895 962 837 13% Decrease List...
If you've read my housing market updates you've seen the sale price tick down 1-4% over the past months. What does Zillow have to say about our housing market? Zillow predicts that US home prices will rise 6.3% in the next 12 months, above the historical average. Home prices will stop falling and have will begin rising again in the coming months. This is due to a lack of homes for sale, as...
A new report from CoreLogic predicts that home prices will decline in five Florida metro areas in 2024. The report, which analyzes the overall health of housing markets across the United States, found that Lakeland-Winter Haven, North Port-Sarasota-Bradenton, Cape Coral-Fort Myers, and Port St. Lucie are at very high risk (70% probability) of seeing home prices decline over the next 12 months. The...
We're back with our Ormond Beach Housing Update. It's been a very busy summer so far! Ormond Beach Housing Update May 2023 June 2022 June 2023 Percentage Difference Number of Listings 385 226 416 84.5% Increase New Listings 225 212 159 25% Decrease List Price $458,988 $499,000 $470,000 5%...
We're back with our June Daytona Beach Housing Update. Let's see how interest rates are affecting our housing market. Daytona Beach Housing Update May 2023 June 2022 June 2023 Percentage Difference Number of Listings 843 499 863 73% Increase New Listings 304 323 307 5% Decrease List...
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...
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...
We're back with our May Ormond Beach Housing Update. Things feel like they are certainly picking up! Business has been really busy and something tells me it's going to be a great summer for Real Estate. Ormond Beach Housing Update April 2023 May 2022 May 2023 Percentage Difference Number of Listings 351 177 385 117.5% Increase New...