Residential Houses We’re now into the third week of typically the busiest month for real estate in the area. It’s been another pretty active week. 43 houses were newly listed for sale. The lowest at $75,000, the highest at $968,000, for an average price of $263,554, and a median price of $170,000 for this group. […]
As many buyers begin their shopping in the area they are surprised to find the selection lighter than they anticipated. Likewise, they are surprised to find the house they finally decided on is no longer available just days later. The truth is that the market has been changing with less properties available for sale and […]
As you might have been hearing in news reports, the Real Estate Housing Market is showing positive signs. The truth is that the local market has been showing positive signs for the last couple of years.
Let me start by saying, Trulia.com and Zillow.com are great companies that I think bring great additional resources for home shopping to consumers. I love their websites and resources they offer. Zillow.com became a hit with it’s “Zestimate”. Just recently Trulia.com launched, what I am guessing is a competitive response to Zillow’s “Zestimates”, called “Trulia Estimates”. […]
If you’ve been thinking about selling your house you may have come across the advice to to a “For Sale By Owner”. Whether selling yourself or through an agent, advertising online and in an MLS (notice that I didn’t say “the MLS”, and I’ll explain this more in a moment) is extremely important nowadays. Some real […]
As I’ve said on several occasions it’s been an exciting last few years in Real Estate both locally and for Florida. Yes, I said “exciting”. It has been because there are a great deal of positives. All “markets” will naturally have their ups and downs. Real Estate is no different. What happened a few years ago was […]
So how did the local market do for 2011? Very well, and here’s just a few highlishgts on the Residential Housing sales in the area: A total of 1,665 houses closed from January 1st to December 31, 2011 The total number of sales was up 14% compared to 2010 when 1,460 houses closed 82% of […]
We’re through October and the local real estate market has been another year of some real positives. It’s also been a year of interesting developments too.
The national average interest rate on a 30-year fixed mortgage is an astonshing 4.29%. Many buyers were obviously motivated by the tax credits last year and unfortunately the record-low interest rates get overshadowed. Are these rates a better benefit to make the decision to buy now if you are considering purchasing a home? Well let’s do the math and you’ll see that the truth is that these rates are the better benefit.
Like the rest of the country, Flagler County and Palm Coast saw a dip in the number of home sale closing in July to the tune of about 28%. 103 homes closed in July of this year compared to 142 in July of 2009. Year to date, the area still remains 7% above last year through August 25th in terms of the number of home sales. August through 8/25/10 has seen 82 closings and is slightly below the same period in August last year when 94 homes closed.