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Frequent updates will begin appearing this week. Follow along to see the events that impact Daytona Beach in this spot. If you have news to share, please contact me at 386-562-2651, or email me at ron@daytonahomesonline.com

Wednesdays News July 1

Market updates will start appearing in this spot as this site evolves. A definite trend has emerged since Black Wednesday May 27. Mortgage rates have increased causing refinance activity to drop upwards of 30%. The fallout is a slowing of the recovery momentum in the national market, and a jolt to the Florida market. Short sale and foreclosure sales continue to dominate. Home sellers that were not a part of the mortgage meltdown are faced with selling their homes at prices at or below the distress level offerings. For more specific information, call or text 386-562-2651.

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