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Port Orange Real Estate - Listings - Sales - Foreclosures in 2009
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As a follow-up to my recent post titled "Port Orange Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. For statistical purposes, on this graph I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales.
As indicated in the bar graph, for the city of Port Orange, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Daytona Beach were NOT traditional seller-to-buyer sales. But Port Orange had a lower number of foreclosure sales and short sales, which is good news for Port Orange real estate sellers.
Read my previous post in the link at the beginning of this post to see all the data on the real estate listings and sales for Port Orange for the last decade (information provided by the Daytona Beach Area Association of REALTORS® and Multiple Listings Service - MLS).
To buy a house or condo in Port Orange, FL, or to sell a house or condo in Port Orange, FL (or to buy or sell any type of real estate) make a Smart Choice and contact Lisa Hill for all your real estate needs.
www.DaytonaBeachRealEstateSales.com
www.PortOrangeRealEstateSales.com
Don't you hate it when your mom comes into your bedroom and finds you sleeping like this? LOL! OK... yes, this is an older photo. But I just love digging through old pictures of my daughter. As a matter of fact, I think I'll use them for the next couple of weeks =P
Yes, I have blackmail for life. SCORE!
By Lisa C. Hill with Florida Property Experts. "The Smart Choice" for all your real estate needs.
www.DaytonaBeachRealEstateSales.com
| Volusia County Real Estate Market Reports - Listings and Sales 2000-2009 |
 For anyone who is planning to buy real estate, or sell real estate in Volusia County, the following links will take you to the amounts of real estate listings vs sales for the last decade, covering Daytona Beach, Daytona Beach Shores, Ponce Inlet, Ormond Beach, Ormond by the Sea, Holly Hill, South Daytona, and Port Orange. (Just realized I overlooked Wilbur by the Sea. Check back for that soon!)
If you're planning to buy or sell a house, condo, townhouse, vacant land, or any other type of real estate, make a Smart Choice and contact Lisa Hill today! Lisa Hill is a Daytona Beach native, with experience selling all types of real estate in every city in East Volusia county and beyond. Let Lisa put her intricate real estate market knowledge to work for you!
Coming up next? Just how many of these sales were foreclosures!? Stay tuned!
Halifax Landing Condos; South Daytona FL. Buy, Sell or Lease with Lisa Hill; REALTOR®
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  Halifax Landing Condominium in South Daytona is located directly on the Intracoastal Waterway. These photos are just a sampling of the beautifully furnished models. You won't want to miss the stunning all-around views!
For complete details on all the real estate listings and sales, with data from the Daytona Beach Area Association of REALTORS and Multiple Listing Service (MLS), just follow the embedded, preceeding link.
If you're interested in buying or selling a condo in Halifax Landing, make a Smart Choice and have REALTOR® representation! Lisa Hill is a Daytona Beach native, with experience selling houses, condos, and all types of real estate in every city in East Volusia County.
Call or e-mail me today at 386-212-5357 or Lisa@LisaHillRealtor.com.
 Per the The Daytona Beach MLS, there are currently 6 units available for sale, and 1 unit available for rent in Halifax Landing Condominiums. Sale prices range from $201,000 to $473,000. I am personally aware of many other units that are available! Just be sure to call me BEFORE you decide to view  them, if you need your own, personal representation. IE: The on-site real estate sales people work for the Developer, or the Individual Owners who have requested to be included with the Developer's sales representatives.
The unit available for rent is a 2 bedroom, 2 bath, on the 5th floor, for only $1500 per month. The Halifax Landing Covenants and Restrictions stipulate that all rentals must be for a period of no less than 6 months.
 Buy a house or condo in beautiful South Daytona today. I'd love to be your personal REALTOR® and representative. Visit my web site for full information on everything you need for a successful Daytona Beach Area real estate transaction, including Halifax Landing Condominiums in South Daytona. And read through my blog posts, for the real estate listing and sales data for each city in the greater Daytona Beach area, from 2000-2009.
My Daytona Beach Area Real Estate Web Site: www.DaytonaBeachRealEstateSales.com
My Daytona Beach Area Real Estate Blog: www.RealEstateBlogConnect.com
South Daytona Real Estate Listings and Sales 2000-2009 Market Reports.
South Daytona Real Estate Market Reports - Listings and Sales 2000-2009
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 South Daytona real estate sellers: I believe you'll appreciate this compilation of real estate data, which can help you see the big picture when it comes to selling your South Daytona house, condo, townhouse, vacant land, or any type of investment property. It's not just about how much your neighbors are asking for their house. It's not even about the last 6 months of comparable real estate sales. In recent months, many lenders have wanted to see only 3 months of recent sales data. And while sales have been improving, the improvement has been in small increments, and many of the sales have been foreclosures.
In case you're wondering, your buyer's appraiser WILL include the foreclosures when they appraise your home. Unfortunately, the lender (who decides who will handle the appraisal) will dictate how the appraisal must be done. And if they feel there's even the slightest chance that the local real estate market has not finished correcting itself, the lender will personally adjust the appraised value downward. So yes, those foreclosed (IE: Real Estate Owned, or REO) sales DO count!
So when your REALTOR® (or real estate agent) brings you the Comparative Market Analysis (CMA) for your South Daytona real estate listing; in order to determine your asking and eventual sales price, you will find REO sales included. And unless there is positive proof that local real estate values are improving, then you'll need to do your best to take a step back, and view your listing through the eyes of a buyer...
Depending on what type of real estate you're selling, IE: a house, townhouse, condo, vacant land, or any type of investment property; how does it compare to whatever other properties are on the market, that your potential buyer will be viewing? This is why having a REALTOR® is so important. REALTORS® are not emotionally attached to your home,  therefore we can give you an objective analysis. So please don't shoot the messenger! =)
South Daytona real estate buyers: You've probably just read the paragraphs above, and are mulling it over in your mind, thinking about how that information can benefit you. Well obviously, like the lenders, you don't want to pay a price that seems fair right now, only to find out the local real estate values are still in decline. But while you can certainly expect a deal, it's unreasonable to expect many sellers (banks included) to give you a "steal". This is why both sellers and buyers of real estate need an honest, knowledgeable, BOLD, REALTOR® who will provide the cold hard facts, no matter what.
Real estate buyers, you can use this information to help you determine the value of your next potential home, and how much to offer and/or invest, whether it's a house, manufactured home, townhouse, duplex or condo. The following chart contains data from the Daytona Beach Area Association of REALTORS® Multiple Listing Service (MLS), and shows the total sales-to-date for the city of South Daytona.
The following bar graph shows the real estate sales data for the city of South Daytona for the last decade. As I've shown in previous posts about our local real estate market statistics, there was a steep drop in real estate sales in 2006, while at the same time, there was a drastic increase in the number of listings that went on the market. At that point, the supply exceeded the demand by so much that if no other properties came on the market, it would have taken 2.5 years to sell the amount of inventory in the Daytona Beach Area Multiple Listing Association (MLS). Then, as properties began going into foreclosure, there was a slight drop in the number of properties being listed, but the number of sales also decreased even more. 2009 finally showed some better statistcs. However, the values ARE still declining! And many recent sales were bank-owned listings. We'll be addressing those numbers in upcoming posts.
Here are some other posts about Volusia County real estate sales in the last couple of years. These links are all about our real estate market since the decline began.
Daytona Beach Real Estate Sales History, 2000-2009 (Year-to-Date)
2009 Year-End Reports Daytona Beach Area -Volusia County- Real Estate Market. Good News!
Daytona Beach Real Estate: 2007 year in review
YES! I Will Hold Open Houses for My Real Estate Sellers!
For information on buying or selling real estate anywhere in the Daytona Beach area, make a Smart Choice and contact Lisa Hill with Florida Property Experts.
Real Estate and Mortgage Info on Lisa Hill's Daytona Beach Area Real Estate Blog
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Daytona Beach area real estate buyers and sellers; this mortgage information will affect us all! thank you Len, for providing this impacting insight! (Scroll down to read the original blog post by a very insightful real estate blogger.)
Via Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate: LIMITS ON MORTGAGE INTEREST DEDUCTION was once a "sacred cow" of tax law. No more.
The American home owner is square in the sights of the budget released today.
On October 25, 2008, a bolt of lightening struck me and I realized that there is no income protection safe from the government's zeal to play chess with the American tax payer's assets.
An article published by the Wall Street Journal, back in Oct. 2008, discussed the government's need for cash to fund programs that were being discussed by members of Congress.
These days, the Wall Street Journaldiscussed the Obama budget's plan to limit ALL deductions for tax payers earning $250,000 or more.
However, unless I'm missing something, the mortgage interest deduction is the primary interest deduction for home owners. Credit card interest, auto loan interest deductions have been gone for years. What's left??
- Today, $250,000.
- Tomorrow, $100,000.
- 2 years from now? Who knows?
GOING. . . . GOING . . . . GONE!!!
"SORRY, MR. AND MRS. TAX PAYER, THERE IS NO LONGER A DEDUCTION FOR THE INTEREST YOU'RE PAYING FOR YOUR HOME MORTGAGE."
Port Orange Real Estate Market Reports - Listings and Sales 2000-2009
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 Port Orange real estate sellers: I believe you'll appreciate this compilation of real estate data, which can help you see the big picture when it comes to selling your Port Orange house, condo, townhouse, vacant land, or any type of investment property. It's not just about how much your neighbors are asking for their house. It's not even about the last 6 months of comparable real estate sales. In recent months, many lenders have wanted to see only 3 months of recent sales data. And while sales have been improving, the improvement has been in small increments, and many of the sales have been foreclosures.
In case you're wondering, your buyer's appraiser WILL include the foreclosures when they appraise your home. Unfortunately, the lender (who decides who will handle the appraisal) will dictate how the appraisal must be done. And if they feel there's even the slightest chance that the local real estate market has not finished correcting itself, the lender will personally adjust the appraised value downward. So yes, those foreclosed (IE: Real Estate Owned, or REO) sales DO count!
So when your REALTOR® (or real estate agent) brings you the Comparative Market Analysis (CMA) for your Port Orange real estate listing; in order to determine your asking and eventual sales price, you will find REO sales included. And unless there is positive proof that local real estate values are improving, then you'll need to do your best to take a step back, and view your listing through the eyes of a buyer...
Depending on what type of real estate you're selling, IE: a house, townhouse, condo, vacant land, or any type of investment property; how does it compare to whatever other properties are on the market, that your potential buyer will be viewing? This is why having a REALTOR® is so important. REALTORS® are not emotionally attached to your home,  therefore we can give you an objective analysis. So please don't shoot the messenger! =)
Port Orange real estate buyers: You've probably just read the paragraphs above, and are mulling it over in your mind, thinking about how that information can benefit you. Well obviously, like the lenders, you don't want to pay a price that seems fair right now, only to find out the local real estate values are still in decline. But while you can certainly expect a deal, it's unreasonable to expect many sellers (banks included) to give you a "steal". This is why both sellers and buyers of real estate need an honest, knowledgeable, BOLD, REALTOR® who will provide the cold hard facts, no matter what.
Real estate buyers, you can use this information to help you determine the value of your next potential home, and how much to offer and/or invest, whether it's a house, manufactured home, townhouse, duplex or condo. The following chart contains data from the Daytona Beach Area Association of REALTORS® Multiple Listing Service (MLS), and shows the total sales-to-date for the city of Port Orange.
The following bar graph shows the real estate sales data for the city of Port Orange for the last decade. As I've shown in previous posts about our local real estate market statistics, there was a steep drop in real estate sales in 2006, while at the same time, there was a drastic increase in the number of listings that went on the market. At that point, the supply exceeded the demand by so much that if no other properties came on the market, it would have taken 2.5 years to sell the amount of inventory in the Daytona Beach Area Multiple Listing Association (MLS). Then, as properties began going into foreclosure, there was a slight drop in the number of properties being listed, but the number of sales also decreased even more. 2008 then showed another slight increase, and 2009 also showed some better statistcs. However, the values ARE still declining! And many recent sales were bank-owned listings. We'll be addressing those numbers in upcoming posts.
Here are some other posts about Volusia County real estate sales in the last couple of years. These links are all about our real estate market since the decline began.
Daytona Beach Real Estate Sales History, 2000-2009 (Year-to-Date)
2009 Year-End Reports Daytona Beach Area -Volusia County- Real Estate Market. Good News!
Daytona Beach Real Estate: 2007 year in review
YES! I Will Hold Open Houses for My Real Estate Sellers!
For information on buying or selling real estate anywhere in the Daytona Beach area, make a Smart Choice and contact Lisa Hill with Florida Property Experts.
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Lisa Hill (Daytona Beach Real Estate)
Daytona Beach,
FL
More about me…
Florida Property Experts
Address: 107 Ivy Lane, Daytona Beach, FL, 32114
Office Phone: (386) 212-5357
Email Me
Areas Served: Daytona Beach, Daytona Beach Shores, Ponce Inlet, Wilbur by the Sea, Port Orange, Ormond Beach, South Daytona, Holly Hill, New Smyrna, Edgewater, Florida Shores.
www.LisaHillRealtor.com 
DISCLAIMER: Lisa Hill disclaims liability for any damages or losses, direct or indirect that may result from use of or reliance on, information contained in her blogs or for accuracy of comments or opinions of visitors to her blogs. 
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