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price correction: Home Sales Declining but Better than Expected - 07/31/08 01:35 PM
I'm still trying to determine if I'm encouraged by the latest news from the Commerce Department that homes ales declined 0.6 per cent last month. The report states that the decline is less than half of what had been predicted. That sounds encouraging but makes me worry that July and August will come in week. Certainly I'm hopeful that we're seeing a reversal but I'm not so naive to stake my expectations on one month.
I like to put in light, however, of what we're seeing in our local market. We're starting to see the number of units moving picking up. … (2 comments)

price correction: Existing Home Sales Slide Further! - 09/25/07 01:54 PM
This slide was in the Wall Street Journal today and comes from the National Association of Realtors. While we are all hopeful that the Fed's reduction of the Fed Fund Rate by a half point will help with the mortgage crisis, I think this slide can graphically illustrate how important it is for more to be done to help this market recover. It is crucial to consider the impact that this shift is having not only on Real Estate Professionals, but also on everyone involved in the industry. Mortgage Brokers, builders, plumbers, roofers, painters, furniture companies, movers, and others are being … (2 comments)

 
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John Adams

Ormond Beach, FL

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Adams, Cameron & Co. Realtors

Office Phone: (386) 253-8044

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This blog is intended to update people who are interested in buying and selling homes, condos, or other real estate in the Volusia and Flagler market. While it is called Real Estate in Daytona Beach Area we will address statistics ranging from New Smyrna to Palm Coast and west to include Deland, Deltona, etc. I will also cover topics regarding investing in residential and commercial real estate. I encourage comments from everyone and am very interested in feedback and opinions.


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