Headlines about declining builder confidence might sound alarming. But here's what they're not telling you: residential construction is actually rebounding. Let's break down what this means for buyers in Port Orange, Daytona Beach, and across Volusia County. Builder Sentiment vs. Reality Yes, the NAHB (National Association of Home Builders) confidence index fell for the second straight month in February....
You've probably searched Zillow, Realtor.com, and every other real estate app looking for your perfect home. But what if the best deals never make it to those sites? Welcome to the world of off-market deals — and they're becoming more common than ever. What is an Off-Market Deal? An off-market deal (also called a "pocket listing") is a property that's for sale but isn't listed on the MLS (Multiple...
If you've seen the headlines about January's existing home sales dropping sharply, you might be wondering what it means for the market — and for you. Here's the truth: for savvy buyers, this dip is actually an opportunity. Less Competition, More Leverage When sales slow down, so does the frenzy. Fewer buyers in the market means you're less likely to find yourself in a bidding war. You have more time to...
Here is your real estate news for Friday, February 13th. Inflation Data Influences Rate ExpectationsYesterday’s real estate coverage focused on new inflation data. The report showed prices remain sticky in several sectors. Markets reacted quickly. Bond yields moved higher. Mortgage rates followed. Analysts said this could delay any near-term rate cuts. Buyers and sellers are watching closely. Builders...
Here is your real estate news for Thursday, February 12th. Buyer Demand Remains Cautious Despite More ListingsNational reporting showed that buyer activity remains slow in many markets. Inventory is improving in some regions. Even so, many buyers are still hesitant. Affordability remains the main reason. Monthly payments continue to limit purchasing power. Price Reductions Increase in Competitive...
Here is your real estate news for Tuesday, February 10th. Affordability Remains the Primary Market ChallengeNational reporting reinforced that affordability continues to limit activity. Home prices remain elevated in many markets. Mortgage rates are still high compared to recent years. Insurance and tax costs are also weighing on buyers. Monthly payment remains the top concern. Inventory Growth Creates...
Here is your real estate news for Monday, February 9th. Federal Reserve Leadership Change Remains in FocusWeekend coverage continued to center on the new Federal Reserve Chair announcement. Analysts discussed how the leadership shift could influence future interest rate decisions. No immediate policy changes are expected. Most experts believe rates will remain steady in the near term. Markets are watching...
Here is your real estate news for Friday, February 6th. National Housing Market Steady, But Regional Gaps Widen The national market closed January flat median list price holding at $419,999, inventory at 696K homes. But the real story is regional: Northeast is hot (MAI 38.1, fastest turnover), South is most buyer-friendly (32.7% price reductions), and the West remains priciest at $616K median. Florida's...
Here is your real estate news for Thursday, February 5th. Winter Storm Tanks Mortgage Applications Mortgage applications fell 8.9% last week as Winter Storm Fern blanketed much of the country. Purchase applications took the biggest hit, dropping 14% on a seasonally adjusted basis. The Southeast saw a 5.35% decline. The silver lining? January 2026 borrower intent was still up 5.26% compared to January...
Here is your real estate news for Tuesday, February 3rd. Markets React to Federal Reserve Leadership ChangeReal estate news yesterday focused on the announcement of a new Federal Reserve Chair nominee. The leadership change could affect future interest rate policy. No immediate policy shifts are expected. Analysts say the transition adds uncertainty later this year. For housing, mortgage rates are...