Daytona Beach Condo-Hotel Market

By
Real Estate Broker/Owner with Daytona Condo Realty, 386-405-4408

It is 2017. New year, new expectations, and new realities we will have to deal with. We have new President, a lot of hopes, a lot of changes coming… And while no one knows exactly what is ahead of us, we can still look back at how condo-hotels fared in 2016 and see if there are any signs of a trend that may get noticeable in 2017.

I usually write an annual blog trying to look at the condo-hotel market. When you are in in your daily routine, it is easy to lose sight of a bigger picture.It is easy not to notice the trend, when what you see are microscopic changes. But when you look at a year, and compare with other years, the signs get clearer... And it is important for every professional.

So I try to search for the trend and even do a foolish thing trying to predict where the market goes and how this affects condo-hotels. So, I wrote about the state of the market of condo-hotels now.

We looked at 2015 and 2016. There are obvious changes. The inventory of condo-hotel unit is down. It is actually at its lowest level I have ever seen. By "old" standards it should have been the sign of a crazy hot market, but it is not... yet

If you are curious what it is and what it might become, check this blog on my company website and read the full post.

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Jon Zolsky is broker/owner of Daytona Condo Realty in Daytona Beach area, specializing in condos and condo-hotels

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Topic:
Real Estate Market Trends
Location:
Florida Volusia County Daytona Beach
Groups:
Condos, What you need to know?
City and State
Condo Specialists
Market Reports
Real Estate Trends
Tags:
daytona condohotels
cheap daytona condos
hotel condos in daytona

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Rainmaker
2,665,445
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I like how you tease the audience to read on...smart blogging!

Jan 10, 2017 07:45 AM #1
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Kristin Johnston - REALTOR® - thank you. Part of it is that I am afraid of posting several identical posts. Have no idea how Google would look at it.

Jan 10, 2017 08:14 AM #2
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Jon - That's an interesting analysis, and a fascinating million dollar question. It's always tempting to find similarities with past conditions, but necessary to keep in mind how much is also different. I hope this year is a very busy and productive one for you.

Jan 10, 2017 03:14 PM #3
Rainmaker
4,154,446
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm trying to find my crystal ball, Jon.  I knew I had it around here a few months ago.

Jan 10, 2017 05:09 PM #4
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Dick Greenberg - wow, it is not very often that reader follow the link, and you do.

There was a time, when I thought that I know it all. That there are systems, and all I needed to do is to catch the pattern and then it will always be applicable.

Now, I know that every rule I knew can and was broken, and every system, no matter how good it was, is ridden with exceptions and variations... So, I have more million-dollar questions than answers :)

Jan 10, 2017 06:57 PM #5
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Gabe Sanders - Yep, age problem. We get smarter and get the crystal ball, but then put it somewhere and can't find it :)

Jan 10, 2017 06:59 PM #6
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