We're back with our April Port Orange 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. Port Orange Housing Update 20222023Percentage DifferenceNumber of Listings13517831% IncreaseNew Listings126128.8% DecreaseList Price$399,000$382,0004.15% DecreaseSales Price$336,000$347,0003.25%...
According to CoreLogic, a leading provider of real estate data, has released its latest Home Price Index (HPI) report, which shows that national home prices in the US are down. According to the report, national home prices decreased by 1.1% in February 2022 compared to the same month in the previous year. The report also provides a breakdown of home price changes by state and metropolitan area. Among...
We're back with our March Ormond Beach Housing Market 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. /*! elementor - v3.12.1 - 02-04-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading...
We're back with our March Daytona Beach Housing Market 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. Daytona Beach Housing Market 20232022Percentage DifferenceNumber of Listings49430860.4% IncreaseNew Listings186185.5% IncreaseList Price$315,000$325,0003.8% DecreaseSales...
We're back with our March Port Orange Housing Market 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. /*! elementor - v3.12.1 - 02-04-2023 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading...
A lot has happened over the weekend. Dolphins traded for Jalen Ramsey. Everything Everywhere All At Once won best picture. Oh, and two banks collapsed... Silicon Valley Bank was the 16th largest bank before it's collapse. The 2nd biggest bank to collapse behind Washington Mutual in 2008. Silicon Valley Bank was the largest bank by deposits in Silicon Valley, one frequently used by tech startups and...
According to Redfin.com, Miami was ranked #1 as the most desirable city to live in based on where buyers are searching. No surprise, Miami, Florida, is regarded as one of the best places to live because of its stunning beaches, exciting nightlife, varied culture, and comfortable year-round climate. The city is a center for international cuisine, music, and art because to its distinctive fusion of Latin...
Historically speaking, December through February are the slowest months in real estate for Port Orange. Most everyone is focused on the holiday season and their plans for the new year. The market rapidly picks back up in March remaining strong for the rest of the year. Let's compare how last month compared to 2022's February. Port Orange Housing Market 20222023Percentage DifferenceNumber of...
The last few months have felt like a bad relationship where one person keeps calling and texting without the other person returning your messages. Well guess who just called us back... buyers! According to data from the Mortgage Bankers Association, mortgage applications increased 27.9% in the last week! This is coming off a week where applications for purchasing a home were at the lowest levels since...
The housing market goes as mortgage rates go. Want to predict the next month or so in real estate? Well, look at the source of where most buyers receiving funding for purchasing a new home. Taking you back to October of last year where I wrote about the struggle the next few months will be. Mortgage rates peaking at 7.24% for the 30 yr fixed. Pending home sales lowest they've been since 2010. During the...