Volusia county real estate remains HOT. In many instances across Volusia communities, a hot sellers’ market does indeed mean a faster sale and at or above asking price. The market remains hot as new listings continue to not keep up with the surge in demand. One of the suspected reasons affecting the low housing inventory is the group of homeowners who would move but are … Continue reading Volusia Real Estate: Peak of the Sellers’ Market
Sellers and buyers are experiencing very different market conditions compared to pre-pandemic years. Volusia’s current housing market is a strong seller’s market with fewer new listings and a very tight inventory (active listings), particularly for existing single-family homes. Sellers are taking advantage of the home price increases. Buyers are taking advantage of the historically low interest rates. Although each customer has advantages, the market is … Continue reading Volusia Real Estate Outlook: Market Reality in 2021
Newly Elected Mayor Shares Vision for New Smyrna Beach On January, 31, 2019, the mayor of the city of New Smyrna Beach, Russ Owen, presented his vision for the city’s future to the New Smyrna Beach Board of REALTORS (NSBBOR). He outlined strategic goals for stabilizing the system in place to balance the city’s future. Owen stated he has, “two options for governing: change or … Continue reading NSB Mayor Plans for the Future
Tax Reform & Flood Insurance Many factors impacted the real estate market in 2017. Across the state of Florida, housing markets reported low inventory, gradual mortgage interest rate hikes and home price increases as three factors that could not be ignored. Although low inventory is a problem for homebuyers, it is positive news for homeowners as they continue to build equity. In an economic and … Continue reading 2018 Housing Market Radar
