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Real Estate and local news on Ormond Beach and Daytona Beach in Volusia County, Florida

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Buy that Daytona Beach Waterfront Home with a Jumbo Loan
The jumbo loan market is starting to loosen, making it easier for move-up buyers to borrow. Rates on jumbo loans of more than $729,750 in highest-priced markets rose during the financial crisis and lending standards tightened to the point where borrowers Read More...
Price Reduced on 8-201 Orange Grove Dr in Lakes of Pine Run, Ormond Beach
Lakes of Pine Run, Ormond Beach - Announcing a price reduction on 8-201 Orange Grove Dr, a 1,100 sq. ft., 3 bath, 2 bdrm 2 story. Now MLS® $124,900 - Screened patio,water view. Property information Read More...
January Foreclosure Rate Down in Florida
RealtyTrac has released the January 2010 foreclosure filings numbers, which include default notices, scheduled auctions and bank repossessions. The numbers nationwide are 315,716 U.S. properties during the month, a decrease of nearly 10% from the previous Read More...
Demographic Trends and How They will Affect Real Estate
Emerging trends in demographics and consumer behavior will become major drivers of new housing opportunities, resulting in a residential market vastly different from the one that existed prior to the recession, according to Housing in America: The Next Read More...
FHA Tightens Downpayment Rules for Borrowers
While these new rules will only affect buyers who want to get a FHA loan, they may set the tone for other lenders. Tuesday, the Federal Housing Administration announced it will raise the minimum down payment for its least credit-worthy borrowers. Borrowers Read More...
Single-family Attached Home For Sale in Lakes of Pine Run, Ormond Beach FL
Lakes of Pine Run, Ormond Beach - Enjoy the country atmosphere of Lakes of Pine Run in Ormond Beach, as you lounge around the community pool with clubhouse and tennis courts. This two story single family attached home has kitchen with breakfast nook, Read More...
New HUD Booklet for Daytona Beach Buyers
The U.S. Department of Housing and Urban Development (HUD) recently released a new settlement cost booklet to help consumers shop for the best mortgage to meet their needs. This booklet will help borrowers become familiar with the various stages of the Read More...
Home Affordable Foreclosure Alternatives Program
As reported by RISMedia , "The Treasury Department recently released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program (HAMP) and provides incentives Read More...
Cash for Caulkers not just for Cold Climates
President Obama has proposed a new program Tuesday that would reimburse homeowners for energy-efficient appliances and insulation, part of a broader plan to stimulate the economy. Steve Nadel, director at the American Council for an Energy-Efficient Economy, Read More...
4th Quarter Home Price Survey Released
HomeGain has announced the results of the 4th quarter Home Prices Survey of Realtors, based on 928 responses from across the country. Assusming you aren't interested in what the Realtors think, here are the homeowner and home buyer statistics. According Read More...
Extended and Expanded Tax Credit Good for Both 1st Time Buyers and Sellers
Home sellers and potential buyers nationwide welcomed the recent news that Congress had decided to extend and greatly expand the Home Buyer's tax credit in an attempt to further stimulate the economy. Not only does the new legislation extend the existing Read More...
Florida Assn of Realtors Offers College Scholarships
Thinking of college? Plan to enter the Florida Realtors' 2009-2010 Scholarship/Essay Contest for High School Seniors for a chance to win up to $6,000 in scholarship funding. Entering the contest is easy. Students write a typed, double-spaced essay Read More...
Daytona and Ormond Beach Real Estate Market Statistics for November, 2009
I have just reviewed the monthly statistics for our areafrom the Daytona Beach Area Association of Realtors Multiple Listing Serviceand I thought you'd like to know the current activity from November 1, 2009to November 30, 2009. As of Dec. 1, there Read More...
2 Story Home in Broderick of Ormond Beach Back on Market
Private Setting on Large Lot • 3,765 sq. ft., 4 bath, 4 bdrm 2 story - MLS® $549,900 - Pool Home in Ormond Beach Broderick, Ormond Beach - An elegant 4 br, 4 ba home awaits your most discriminating buyer. Located in the heart of Ormond Beach, Read More...
Homeowner Confidence: opposing forces
Zillow tracks Homeowner Confidence quarterly, and for the last 1.5 years, has seen expectations move more toward reality. But the 3rd quarter of 2009, homeowner perceptions were widely divergent. The Northeast owners were overly cynical about values, Read More...
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