For those of you who are interested in the climate of the real estate market in the Daytona Beach area, you'll be interested in the following information. The chart below shows the real estate market as it climbed to it's peak, and began it's descent in Volusia County. It covers Daytona Beach, Port Orange, Ormond Beach, and all the real estate data from the Daytona Beach Area Association of REALTORS® and Multiple Listing Service (MLS).

In 2008, The National Association of REALTORS® instituted a marketing campaign stating that "Now is the time to buy real estate". You can look through every one of my blog posts and you'll never find this statement made by me. Because I did not believe that in 2008, the real estate market had finished correctng itself. So my only statements regarding real estate were of an encouraging nature, since so many people were discouraged and/or in despair. But my opinion has now officially changed. I do believe that for the Daytona Beach area, NOW IS THE TIME TO BUY REAL ESTATE! And I have the data to back up this statement. Just look at the following chart. Our sales are no longer dropping in quantum leaps. As a matter of fact, if there are any signs of further market corrections, it's limited to specific cities or neighborhoods. From 2007 to 2008, there was only a slight drop in the real estate sales for Volusia County, and some cities stayed at an even pace. It is for this reason that I believe the Volusia County real estate market has finished it's correction period.

Until recently, Real estate buyers have been afraid to buy, for the most part because the media has made it their business to scare everyone. But they're not the ones who are in the field. They're not the ones who are talking to real estate sellers and buyers every day. They're not the ones who are listening to the concerns of these buyers and sellers. REALTORS® are! And this REALTOR® is now saying "Now is the time to buy real estate". But you can make your own decisions. Study the chart below, and decide for yourself if now is the time for you to buy real estate. Then, for all your real estate needs, make a Smart Choice and contact Lisa Hill with Adams Cameron & Co. REALTORS®.

Follow this link for extensive real estate information for Daytona Beach, Port Orange, Ormond Beach, and all of the greater Daytona Beach area.

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