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February 2018

Found 7 blog entries for February 2018.

Bike Week is one of the largest events of the year in Daytona Beach.  It is centered around the Daytona 200, America’s most historic motorcycle race.

This year embarks on the 77th Anniversary of Bike Week in Daytona Beach and the official dates are March 9-18, 2018. 

Don’t miss the huge assortment of rides, races, vendors, food and drink, live music, swap meets, contests, parties and more!  Make sure to check out the official bike week website and Bike Week Travel Tips available at http://officalbikeweek.com/ and Bike Week Travel Guide.

 

40th Annual Daytona Bikeweek Swapmeet

March 9 – March 18

Make sure to visit Bike Week’s largest Swap meet while in Daytona.  It’s open from 9 a.m. to 5 p.m.  You’ll find loads of parts and

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Single family home sales around Daytona Beach fell in January, while median prices remained strong. 

For the month ending on Jan. 31, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 288 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $214,250. That amounts to an approximate 7.4 percent decline in overall sales, compared to the same month last year.

Conversely, the totals reflect a healthy 7 percent increase in median sales prices, year-over-year. 

In month over month comparisons, both sales and median prices were down from December. 

Comparisons to previous months and 2016 SFR sales figures are below: 

  • Jan. 2018: 288 sales, $214,250 median sales
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March is an extremely active month in the Daytona Beach area. 

Outdoor activities abound in our local parks and along our beautiful waterways. Bikes are rumbling into town for the world-famous Bike Week events. Families are enjoying an onslaught of fun festivals and outdoor events. And with March's mild beautiful weather, it's a great time to tackle home and garden projects. 

There truly is something for everyone to enjoy around Daytona Beach in March. 

We've listed a few of the fabulously fun things that are planned in the area below. So pick a few, and add them to your calendar! 

 

The Illusionists

March 1

The Peabody Auditorium is bringing The Illusionists, the best selling magic show, direct from Broadway to

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Retirees from near and far are flocking to a new beach lifestyle inspired by the world famous singer, songwriter and best-selling author Jimmy Buffett.

Some smart developers have taken the easy going attitude of a famed song sung by Buffett and fellow singer Alan Jackson and turned it into a haven for the growing number of fun-loving Baby Boomers that are getting ready to enter their retirement years and want an active lifestyle that's filled with fun, friends and great experiences. 

"It's 5 O'Clock somewhere," could easily be the theme song for the lifestyle residents will enjoy at Latitude Margaritaville community in Daytona Beach.

Pre-Sales for homes and villas in Latitude Margaritaville have already begun, and the development plans are

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The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. But the exact amount by which your payment could be affected just might surprise you!

That is why it is important to know where rates are headed when deciding to start your home search.

According to data from Freddie Mac’s U.S. Economic & Housing Marketing Outlook interest rates are projected to increase steadily over the course of the next 12 months. If the predictions are accurate, mortgage interest rates could rise more than .75 percent!

How Will This Impact Your Mortgage Payment?

Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest

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Although the numbers were down from December, Daytona area condo sales in January were up notably from early last year.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 93 condo sales in January with a median sales price of $190,000. Those figures are down from the heated holiday market we saw in December. Compared to January 2017, however, sales are up by nearly 18 percent and median prices are up by nearly 3 percent.  

“It’s normal to see sales relax a bit in January as the excitement of the holiday season passes, and we await the onslaught of tourists rolling in for Race Week, Bike Weeks and Spring Break,” said Ron Wysocarski, Broker and CEO of Wyse Home Team Realty in Port Orange. “Condo

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Owning a home has great financial benefits, yet many continue to rent.

For some the roadblock is credit history. And for those folks, the only solution is to put some effort into cleaning up your payment history and building a stronger credit score.

But for many others, the reasons cited for not buying a home aren't actually road blocks at all. 

Struggling to save a down payment? There are lending programs that allow you to put as little as 3 percent down. And there are down payment assistance programs that will actually pony up the cash you need to buy a home!

Worried about the market? Don't. Even in a high demand sellers market, like we're seeing right now, it's still a good financial investment to buy a home. Those rising prices will help

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