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October 2018

Found 4 blog entries for October 2018.

November is a time of giving and a time to be thankful.  It’s also a beautiful time of year in Daytona Beach and its surrounding areas.  Thankfully, there are many local events that bring family and friends together to enjoy the festivities. Here's a quick look at some of the fun that's on tap in Volusia County during November. 

Volusia County Fair

November 1 – 11

The 2018 Volusia County Fair is being held at the fairgrounds in DeLand from November 1st through November 11th and it's one of the locals' favorite events around Daytona in November. There will be musical entertainment, live action sports, carnival games and rides, livestock shows, talent shows, exhibits featuring art, photography, music, agriculture, horticulture, crafts, and so

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The number of single family home sales across the greater Daytona Beach rose in for the second consecutive month in September.

For the month ending on September 30, 2018, the Daytona Beach Multiple Listing Service (MLS) reported that 390 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $232,500. It amounts to a 10 percent increase in sales compared to the same month last year, and a 3.5 percent rise in median sales prices. Compared to August, sales were down notably while median prices rose slightly.

Year to date, sales are up by 4 percent and median sales prices remain 7 percent higher than the first 9 months of 2017. 

Comparisons to previous months and 2017 SFR sales figures

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When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the top two factors to consider are what’s happening with interest rates & inventory.

Interest Rates

Mortgage interest rates have been on the rise and are now over three-quarters of a percentage point higher than they were at the beginning of the year. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates climbed to 4.72% for a 30-year fixed rate mortgage last week.

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs,

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Condo sales around the greater Daytona Beach rose in September, with strong median price gains in annual comparisons. 

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 127 condo units sold around the Daytona Beach area in September. That’s up by a handful of sales from the 120 units sold in September 2017.  Similar to last year’s trend, MLS data shows September condo sales were significantly slower than the month prior. The reports also offered good news for Daytona condo owners’ home values as median sales prices climbed 15.5 percent to $234,000 over September 2017. Meanwhile, median prices were down by roughly 3 percent compared to August.

Year to date, median sales prices are up by just

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