Sherry Armstrong's Blog

According to information released this week by RealtyTrac, 2010 will be a dismal year for homeowners struggling to pay their mortgages.  In its Year-End 2009 Metropolitan Foreclosure Market Report, RealtyTrac shows that cities in four Sun Belt states accounted for all top 20 foreclosure rates in ...

In his State of the County address this week, Volusia County Council Chairman Frank Bruno spoke of promising trends in economic development, while acknowledging our high foreclosure rate and unemployment.  "Just as we worked together to recover from nature's fury [the 2004 hurricanes], so we must...

Fannie Mae has made it easier for buyers to purchase condos in Florida.   They are giving some condo complexes "special approvals" even if they don't meet the established rules relating to delinquent fees, financial reserves, or percentage of owner-occupancy.  Florida is the only state where Fann...

Florida is one of the hardest hit states in the country for number of foreclosures.  Many of these could have been avoided if the homeowners were able to sell their properties as short sales, but the process has been very lengthy and many sellers ended up in foreclosure.  Now, new federal guideli...

A super location in Sun Beach Club awaits you! Being so close to the no-drive beach in New Smyrna will entice you to the white sandy shores! This could be a great rental property.  The unit features cathedral ceilings, ceiling fans, inside laundry, architectural windows framing a nice view of tro...

 If you have wanted to live on the ocean in Florida, here is your dream home.  Details:Walkway to ocean5 bedrooms/5 full baths3259 SF interior17,490 SF landInground poolBuilt 1954FireplaceFenced yardJacuzzi/hot tubGuest House 227 SFGourmet kitchenWalk-in pantry2 master suites All this for $1,690...

The annual 2009 Remodeling Cost vs. Value Report has been releaased by the National Assn. of Realtors, and shows that exterior remodeling projects definitely bring the best return.  Small-scale exterior projects are the most profitable at resale, according to estimates by Realtors who completed a...