Daytona Beach Residential Market Update - September 2010
Posted by Mike Gagliardi on
Daytona Residential Resales Update September 2010
Residential resales in Volusia and Flagler counties took a slight hit following the summer expiration of the federal homebuyer tax credits. Area sales have tapered off but are stablizing with median sales prices down 12% from a year ago. "A housing recovery is taking place, but will be choppy at times depending on the duration and impact of a foreclosure moratorium,' said Lawrence Yun, NAR chief economist. 'But the overall direction should be a gradual rising trend in home sales, with buyers responding to historically low mortgage interest rates and very favorable affordability conditions."
Residential Homes Sales Not Including Condo Resales - September 2010
3416 active residential listings for sale in…
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