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Florida Foreclosures Down 59%

Posted by at 8:15 AM on Monday, May 16, 2011

Do not assume that people are finding their way out of foreclosure in the State of Florida.  While foreclosure filings are down 59% and it may appear that people are saving their homes, the facts are that banks, lenders and mortgage companies are taking longer to process foreclosures. According to the Florida REALTORS there is a  back log of foreclosures and the reality is in order for the market to stabilize these properties will need to be released.  Regardless, you can still get a great deal in Daytona Beach real estate as well as any of the surrounding areas in Volusia County.

For Home Buyers:  Remember real estate is local.  That means it would be imparative for to have local market facts about homes for sale in Daytona Beach.  Many speculators say to wait, however, prices are fantastic now and so are interest rates.  Right now regardless of whether you choose to buy a Daytona Beach foreclosure or a short sale these homes are priced for quick sale.  As far as normal homes on the market or fair market value homes, these homes compete with short sales and foreclosures and are great deals as well and the upside, you do not have to wait for 3rd party approval or a banks approval to buy a great deal in Daytona Beach.

For Home Sellers:  If you are currently behind on your mortgage and are possibly facing foreclosure, please call me before allowing the bank to take your home.  As a Daytona Beach REALTOR who specializes in short sales and understands the painful process of making the decision to either keep the home or let the bank foreclose on the property, call me!  I know its painful and difficult to face but there is hope and a Daytona Beach REALTOR who wants to help! 


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ROLLOVER TO VIEW 24 PHOTOS
MLS #522823 Source: Daytona Beach Area Association of REALTORS | 700 Hammett Ln, Luxury Home Foreclosure, For Sale, 8 bath 2 half baths700 Hammett Ln
New Smyrna Beach, FL 32168
Price reduced $160,000.00 since 9/6/11, NOW $1,790,000.00 | The most sumptuous Country Estate in Volusia Co. this home and grounds will leave you speechless. 30 Acres, deep water ski lake 2, 350 ft long x 275 ft wide designed for seaplanes and powerboats. Covered Boat/JetSki dock. Room for a runway. ...
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MLS #526524 Source: Daytona Beach Area Association of REALTORS | 3458 Oceanshore Blvd, 3 bedrooms, Luxury Home For Sale, New Construction, Bank Owned3458 Oceanshore Blvd
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This Riverfront, Oceanview 3 bedroom 2.5 bath pool home is one of a kind with over 3, 000 square foot of living area and over 4, 200 square foot total. Enjoy the best of both worlds with a dock on the old Intracoastal at FoxCut and deeded ocean ...
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Top Features: for sale, new construction, bank owned , Riverfront , Subdivision: Hammocks , Lot SQFT: 4225sqft , Built in  2007 , Style: Single Family , Maint Fees: $250.00
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Flagler Beach Residential For Sale
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ROLLOVER TO VIEW 6 PHOTOS
MLS #526525 Source: Daytona Beach Area Association of REALTORS | 3458 Oceanshore Blvd, 2.5 baths, Luxury Home For Sale, New Construction, Bank Owned3458 Oceanshore Blvd
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This Riverfront, Oceanview 3 bedroom 2.5 bath pool home is one of a kind with over 3, 000 square foot of living area and over 4, 200 square foot total. Enjoy the best of both worlds with a dock on the old Intracoastal at FoxCut and deeded ocean ...
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Top Features: for sale, new construction, bank owned , Riverfront , Subdivision: Hammocks , Lot SQFT: 4225sqft , Built in  2007 , Style: Single Family , Maint Fees: $250.00
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UNIT #801 Daytona Beach Shores Residential For Sale
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MLS #531023 Source: Daytona Beach Area Association of REALTORS | 2901 Atlantic Ave Unit: 801, Tuscany Shores Condominium, Oceanfront, Condominium2901 Atlantic Ave Unit: 801
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MLS #531653 Source: Daytona Beach Area Association of REALTORS | 253 Minorca Beach Way, Duplex Lot, 2 BR, Wow!!! popular sailfish floor...253 Minorca Beach Way
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Wow!!! popular sailfish floor plan located the 8th floor with direct ocean views. move in ready - granite counters in kitchen, all appliances including washer & dryer. this is a foreclosure folks, you won't be this deal. amenities galore: boat ...
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MLS #531013 Source: Daytona Beach Area Association of REALTORS | 2901 Atlantic Ave Unit: 101, 3 bathrooms, Elegant boutique condo with...2901 Atlantic Ave Unit: 101
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Residential For Sale
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ROLLOVER TO VIEW 4 PHOTOS
MLS #522890 Source: Daytona Beach Area Association of REALTORS | 1916 Bell Shoals Road, 2.5 baths, 3 BR, Home For Sale, Bank Owned, Brandon, florida - this...1916 Bell Shoals Road
, FL 33511
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Low interest financing available. Get Pre-Qualified
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ROLLOVER TO VIEW 24 PHOTOS
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PREV
$325,000.00
($154.00/sqft)
Flagler Beach Residential For Sale
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ROLLOVER TO VIEW 8 PHOTOS
MLS #520331 Source: Daytona Beach Area Association of REALTORS | 15 Sugar Mill Ln, 3 bedrooms, Charming home in the desirable sugar mill...15 Sugar Mill Ln
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Price increased $30,000.00 since 6/22/11, NOW $325,000.00 | Charming home in the desirable Sugar Mill Plantation. When entering you will be greeted with warmth and charm. The office has a Murphy bed and large windows overlooking the front porch. The kitchen area is open to the family room with a stone ...
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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association of REALTORS (updated 5/22/12)
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Exit Realty of Daytona
211 E. International Speedway Blvd
Daytona Beach, FL 32118
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