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October 2019

Found 3 blog entries for October 2019.

Where will the baby boomers live during retirement? That's a great question, one that needs to be sorted out before the giant generation is all living on fixed incomes! 

According to a recent article by the Florida Realtors Association, the number of homes headed by a person age 65 or older rose by 14 percent to 31 million, between 2012 to 2017. And a report just released by Harvard University’s Joint Center for Housing Studies (JCHS), said we can expect the group of people age 65+ to comprise about 34 percent of the nation's population within the next 20 years.  

We knew it was coming, just as we knew the also-enormous Millennial generation would hit the housing market fast moving flood. Like their younger counterparts, the baby boomers are going

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Single family home sales were stronger in September across Daytona Beach area.

For the month ending on September 30, 2019, the Daytona Beach Multiple Listing Service (MLS) reported that 418 existing single-family homes (detached) were sold in the greater Daytona Beach area with a median home sales price of $249,900. That’s 4.5 percent higher than sales were in September 2018. Year to date, home sales are a handful higher than they were around this time last year.

The median sales price in September also was up, in both monthly and annual comparisons. In fact, MLS reports show the median sales price rose by nearly 8 percent over September 2018. Year to date, the median sales price remains 5.5 percent higher than it was during the first 9 months of

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For the fourth consecutive month, condo sales around the greater Daytona Beach area were down in year-over-year comparisons.

An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed condo sales were down in September, compared to condo sales a year ago. There were 120 condo units sold around the Daytona Beach area in September. That’s 7 percent lower than the number of units sold in September 2018. Sales volume was also down in both monthly and annual comparisons. The total value of condo sales in September was down 24 percent from August and down 16 percent compared to the same month last year.  Year to date, condo sales are down by 3.5 percent.

Fortunately for area condo owners, median sales prices have

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