It's time we go back to 2019. Every meeting I go on I get asked, "how's the housing market?". My answer is usually the standard "down from where we were late in 2021 and early 2022. But that wasn't sustainable." The reality is, the covid pandemic put the housing market into a snow globe. Shook it up and as a result record low interest rates, remote work, and a free Florida. Next thing you know, a...
This October Housing Market Update is an interesting one.... Imagine you purchased a home anytime before March of this year. 30 year fixed mortgage rates were below 4% and you've just purchased a $300,000 home. Your monthly payment on your beautiful home is $1,400 a month. But you decide, you don't like the layout and you didn't know your neighbor was about to start a terrible garage band. You decide to...
Today we’re going to review housing data for each city in Volusia County.