Ormond Beach, FL Real Estate News

By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
July to September, 2009 Ormond By The Sea, Florida condo sales Condo values have declined but not as drastically as the past. The 3rd quarter (July-Sept.) 2009 average condo sale price was $156,036 for a 2 bedroom 2 bath on the west side of A1A. That is $21,297 less than the 3rd quarter of 2008, which was $42,000 lower than the 3rd quarter 2007. Volusia county property appraisal Morgan Gilreath has stated that overall property values in Volusia County, Florida are decreasing at an average rate of 2 ½% monthly. Ormond By The Sea 2 bedroom 2 bath condo on the west side of A1A year over year for the 3rd quarter have declined in value about 12%.    July to September Ormond By The Sea, Florida condo sales   Year     Sales      Average (2/2 West of A1A) Sale Price)   2005     26        $286,9...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea, Florida Condo Market, October 1, 2009 For Ormond By The Sea, Florida through the Daytona Beach Area MLS the inventory of condo for sale continues to be high at 103. There are 7 condos under contract awaiting closing. Using the 5 sales in September as the basis would mean there is over 20 months or inventory, which continues to be higher than what we would expect in a "normal" market. Generally a 6-month supply of inventory would be considered a balanced or normal market. Of the 103 condos for sale in Ormond By The Sea, Florida, 32 are on the beach or 3 bedroom units asking $250,000 or more.Asking prices for 55 or those for sale are under $200,000 with 23 of those being $150,000 or lower. The lowest asking price is $95,000 for a Kingston Shore condo and the highest is ...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
September 2009 Ormond By The Sea, Florida Condo sales Five Ormond By The Sea, Florida condos sold through the Daytona Beach area multiple listing service (MLS) during September 2009. Compare that to 2 sales in 2008, 4 in 2007, 5 in 2006 and 6 in 2005. One sale was a one-bedroom foreclosure for $66,100 and one was at the direct oceanfront Capriana. Three sales were 2-bedroom 2 bath on the west side of A1A and the average sales price for those 3 was $163,300. This average is only about $10,000 less than the September 2008 average so we may be seeing a slowdown in the rate of loss of value. All 3 of the 2-bedroom condo west of A1A had sales prices within 6% or less off of the asking price so setting a price close to the market value is very important. Average time of the market for those 3...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
For Ormond By The Sea, Florida through the Daytona Beach Area MLS the inventory of condo for sale continues to be high at 103. There are 7 condos under contract awaiting closing. Using the 5 sales in September as the basis would mean there is over 20 months or inventory, which continues to be higher than what we would expect in a "normal" market. Generally a 6-month supply of inventory would be considered a balanced or normal market. Of the 103 condos for sale in Ormond By The Sea, Florida, 32 are on the beach or 3 bedroom units asking $250,000 or more.Asking prices for 55 or those for sale are under $200,000 with 23 of those being $150,000 or lower. The lowest asking price is $95,000 for a Kingston Shore condo and the highest is $790,000 for a 4 bedroom at the Tiffany.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Here is a link to a google map of the location of the Ocean View Realty Group office in Ormond By The Sea, Florida. The map shows street names and can be moved around to show anywhere you like in Ormond By The Sea, Ormond Beach, Daytona Beach and beyond. Enter a beginning address and get directions to the ocean View Realty Group Office. http://maps.google.com/maps?geocode=&q=1350+Ocean+Shore+Blvd.%2C+Suite+A%2C+Ormond+Beach%2C+Fl%2C+32176 
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea Florida CondosLooking for information and photos of a condo in Ormond By The Sea?Below are links to the Ocean View Realty Group vacation rental web site pages for individual condo building in Ormond By The Sea Florida.   Photos and descriptions of each building are followed by links to individual vacation rental condos. Aquarius Atlantic 22  Corinthian Villa  Fairwind Shores   Leeward Winds Madeira Villa Mariners Bay Ocean House   Ocean Watch  Ormond Breakers   Ormondy Regency Plaza  Seabridge North   Seabridge South   Seascape  Seawinds  Shoreham        Sunny Beach Club  Sunrise  Van Lee  Villa Sereno  
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
My buyers offer was just accepted in the Plantation Bay subdivision in Ormond Beach Florida. She got a great deal on a beautiful 3 bedroom / 2 bath pool home. The home is immaculate and the owners were great when we toured the home. It is so nice to see the buyer and seller come to terms on a deal that was good for both parties. The listing agent did a great job as well. My business continues to increase each week, and it is looking like the last quarter of 2009 is going to be a very good one. It is hard to say that whether or not we have hit the bottom, but the buyers are writing better offers. The low ball offers are not so low any more. Multiple offers, on multiple homes by a buyer that only wants to buy one home on short sales are less common. It is definitely a good sign.  Visit My...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Demographic information for zip code 32176 which covers Ormond By The Sea Florida and the part of Ormond Beach between the Halifax River and the Atlantic Ocean is at http://zipskinny.com/index.php?zip=32176  Ormond By The Sea is on the Atlantic Ocean between Ormond Beach and Flagler beach on Florida's east central coast.  
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By John Adams
(Adams, Cameron & Co. Realtors)
Next Thursday, October 2nd, marks the first day of the Ormond Beach Farmer's Market, I'm told that Thursday is the traditional day of farmer's markets; I'm just glad to have one in Ormond Beach! For years Daytona Beach has offered a fantastic farmer's marketing on City Island on Saturday mornings. Flagler Beach has offered a great market on Fridays and a smaller solution on Saturdays. However, Ormond has been forced to head elsewhere. No more! Ormond's Farmer's Market was established by Ormond Mainstreet, an organization dedicated to the furtherance of Ormond's downtown district. The new Farmer's Market is sanctioned by the City of Ormond Beach and should be a real asset to the community. The Ormond Beach Farmer's Market will be headquartered at the Rockefeller Gardens. The location is ...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond Beach has some of Americas least congested roads  The national traffic scorecard in its mid-year 2009 analysis of the largest 100 census bureau metropolitan statistical area (MSA) ranked part of Volusia County number 100 for the second consecutive year. The score card assembles data from hundreds of sources to measure traffic congestion and the ranking indicates that the Deltona-Daytona Beach-Ormond Beach area has the least congested roads. Read the full story from Central Florida News 13 with links to the scorecard website. http://www.cfnews13.com/News/Local/2009/9/4/americas_least_congested_roads_are_in_central_florida.html
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The Ormond Scenic Loop and Trail  For information, map and photos of the Ormond Beach Florida Scenic Loop and Trail go to http://ormondscenicloopandtrail.com/index.html. Take a ride through Ormond By The Sea along canals and marshes and watch the birds, ducks and other wildlife as you drive along in your car or on your bike. View the Atlantic Ocean, The Halifax River, parks, boating, picnic area and lots more in addition to the beautiful natural scenery.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond Beach, Florida Farmers MarketOrmond Beach, Florida is getting a new Farmers Market on October 1, 2009. The market will be open 7a.m. to 1p.m. every Thursday at Rockefeller Gardens on Halifax at Granada. A Million Dollar renovation of the Rockefeller Gardens was completed in time for the Independence Day celebration. Ormond Beach Farmers Market information is at 386-451-2138
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
August 2009 Ormond By The Sea, Florida Condo sales  The Daytona Beach area multiple listing service (MLS) records 6 condominium sales in Ormond By The Sea, Florida during August, 2009. All condo sold were 2 bedroom and 2 bath. Two of the sales were directly on the beach and their average sales price was $225,000. The average sales price of those on the west side of A1A was $140,000 compare the average sales price to get a picture of the continuing decline in valves. August Ormond By The Sea , Florida Condo sales Year           Sales          Average 2/2 across A1A sale price 2005             10                   $291,000 2006              3                    $210,000 2007              8                    $199,483 2008              3                    $175,000 2009              6     ...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Danny & The Juniors concert in Ormond Beach, Florida  Danny & The Juniors, featuring Joe Terry, will be at the Ormond Beach Performing Arts Center, 399 N. U.S 1, Ormond Beach, Florida 32174 on October 10, 2009 at 7:30p.m. "At the Hop" and "Twistin' USA" are a couple of the oldies you can expect to hear. Call the box office at (386) 676-3375 for information and tickets.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
A beautiful new kitchen highlights this nicely furnished and decorated condo.  First floor location convenient to the pool.  Views of the pool and the Atlantic Ocean from your private patio.  Ceramic tile throughout.  The new kitchen includes a smooth top range and built-in microwave.  New bathroom vanities.  There is a mirrored wall and ceiling fan in the dining area.  The Master bedroom has a queen bed and TV.  The second bedroom has twin beds.  An inside stack washer and dryer is included.  This unit also includes a covered parking space.  Sunny Beach Condo allows small pets  C      
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
Simple Pleasures. Mushroom "Hunting" in Ormond Beach, FL It is August, and we have a daily dose of torrential rains, which help keep Florida green. But I know that if it is warm and rains, and a calendar shows that it is summer (in Florida you can get easily confuse, as warm and rainy may as well happen in January), there should be mushrooms somewhere. My son brought some mushrooms that he picked on a vacant lot in a subdivision. Olga marinated them, and boy, they were delicious. In my life in Russia picking mushrooms was my biggest passion as I did not hunt and did not fish. I would go to pick mushrooms on my own since I was 8 years old. Was lost once, but figured it out. Always felt comfortable in the woods, always had a good sense of direction and knew where to go. When we lived in N...
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By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
First Time Homebuyers Nationwide are scrambling to find a home that they can purchase in time to receive the $8000 Tax Credit. Home sellers are competing to get offers from this very active section of the market. Competitive bidding is taking place on REO/Bank Owned homes that are priced aggressively. A common strategy is to price the home slightly below market value for a quick sale. We are seeing multiple offers on these homes and quite often  they end up selling ABOVE the listing price. Asset managers are seeking the HIGHEST AND BEST OFFERS, and quite often that means a cash buyer with no contingencies and a quick closing date will be selected. This can lead to 1st Timers becoming frustrated, as financing approvals can take 45 days for FHA Buyers. Many buyers are taking a second look...
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By Jon Zolsky, Daytona Beach, FL, Buy Daytona condos for heavenly good prices
(Daytona Condo Realty, 386-405-4408)
The Only Condo-Hotel in Ormond Beach - Symphony Beach Club Symphony Beach Club is the only Ormond Beach condo-hotel. Its address: 453 South Atlantic Ave., Ormond Beach, FL 32176 Built in 1985. 32 units total. Units are generally small, ranging from 297 sf, and up, with one stack of the largest studios - 417 sf. Have Murphy beds. Maintenance Fee: 295 a month. 50/50 split of rental income if rented with the Front Desk. For those who want some home cooking, there are modern fully equipped kitchens available. Oceanfront pool.  Also on-site is a BBQ grill and exercise room. On-site management. Outdoor oceanfront pool. Traditionally has very few sales. One sale in 2007, 1 sale in 2006, 5 sales in 2005, 6 sales in 2004, 2 sales in 2003, nothing in 2002, and 1 in 2001. last sale was in 2007 for...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Lovece Italian Restaurant in Ormond By the Sea Florida is closed.   The rough economy has taken its toll on another small business in Ormond By The Sea Florida. Lovece Italian Restaurant is now closed at 1064 Ocean Shore Blvd has served Ormond By The Sea Florida residents and visitors for over 20 years and was voted "Best Around" in 2004.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
  August 11, 2009 unit 45 at Villa Sereno condo in Ormond By The Sea Florida was left uninhabitable by a fire. The fire, which is under investigation by the state Fire Marshal, started shortly before 9 p.m. A dog and two cats died in the fire. Villa Sereno Condo is at 2750 Ocean Shore Blvd. Ormond Beach Florida. Ormond Beach and Ormond By The Sea home and condo sales and rental information can be found on the Ocean View Realty Group web site at www.ovrealty.com Vacation in Ormond By The Sea.  Check out the Ocean View vacation rental web site which has lots of information and photos about homes and condos available for furnished vacation rentals of one week or longer.  www.OrmondBeachcondorentals.com  
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