Over the past 2 years we have seen a very dramatic, and very positive, change in local market conditions. The average number of days on the market is down below 100 days in Palm Coast and slightly over 100 in all of Flagler County year-to-date. We continue to see the number of residential home sales […]
Owners who have short sold their home know that it can be a daunting ordeal, and there are some negative ramifications on credit . The question for most at the end of it all is, “When can I buy a house again?” especially with so many great deals available today. Blair Lamphier, owner of Community Mortgage […]
June finished out a good month for sales in the area with 187 houses sold. This was just slightly over June last year when 184 sold. Through June of this year we are still 32% above last year for the same time period. As you can see in the chart below we are on a […]
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”. […]
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 […]
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.