Wednesday, January 31, 2007

Gemini Condo for sale in Ormond By The Sea

Gemini Condo for sale
Ormond By The Sea
unit 5F
1239 Ocean Shore Blvd
Ormond Beach Florida 32176
Direct Ocean Front Condo 2 bdrm 2 bath unit in prestigious Gemini. Secure underground parking. Oceanfront pool, fitness center, clubroom. Custom features throughout, new appliances, in unit laundry room, In unit storage room. Ceramic tile, upgraded carpets in bedrooms. Glassed in north balcony. Open south balcony. Great views of the beach! Must see
More photos are available for this and other properties at our web site www.ovrealty.com $469,000
MLS # 442782
Open House
Marion will be there every Saturday in February from 1-4 PM
Call her cell phone for building access during the open house
or to scedule an appointment for your private showing.
Marion O'Connor 386-882-8249

Sunday, January 28, 2007

Ormond By The Sea Home for sale 20 Raymonde Cir. Price reduced

For Sale $209,000
20 Raymonde Circle 2 Bedroom 2 Bath within 3 tenths of a mile of the beach. 2 car garage. Approx. lot size 87X95. Over 1300 Square feet of living area on a beautiful and quiet street in Ormond By The Sea. All Appliances stay including washer and dryer. $209,000
Ocean View Realty Group 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 www.ovrealty.com Toll Free USA & Canada 1-800-356-3409 Local phone 386-441-8245 Fax 386-441-2407 For buying or selling contact Marion O’Connor at ovforsale@aol.com For Rental information contact Deanna Thomas at ovrentals@aol.com

Monday, January 22, 2007

Real Estate Market

WASHINGTON – Jan. 9, 2007 – With spring right around the corner, many housing industry experts are hoping the real estate market will see some noticeable improvements. However, there is one snag that can potentially keep prices down – the large number of vacant homes for sale and rent. In the third quarter of 2006, there were 5.7 million vacant housing units, accounting for a record 4.6 percent of all U.S. homes, according to the U.S. Census Bureau. The average in the 1990s was about 3.5 percent. To get this ratio back to normal, 1.3 million vacant homes need to be occupied. Lots of empty homes pushes home prices downward, says Credit Suisse analyst Ivy Zelman. Owners of unrented, unsold homes must pay for insurance, lawn service, taxes and, often, a mortgage. Seeing those costs pile up can motivate an owner to sell or rent at much lower prices. When a house sells at a lower price, other would-be buyers expect lower prices as well. Source: The Wall Street Journal, Justin Lahart (01/08/2007)

Saturday, January 13, 2007

Mortgage rates

Rates on 30-year mortgages rose this week to 6.21 percent, the highest level since mid-November, after a better-than-expected employment report renewed inflation worries in financial markets. This is a good time to buy before the rates go higher. Contact Ocean View Realty Group today. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 www.ovrealty.com

Thursday, January 04, 2007

Seabridge & Seabridge North condo sales for 2 bedroom units

In the year 2000 there were 6 sales. The lowest sale price was 82,700 and the highest was 105,000. Market time was from a low of 18 days to a high of 112 days. In 2001 the 10 sales were from 84,500 (firtst floor) to 139,900 (5th floor) with 6 of the 10 sales over 100,000. Market time was from 28 to 183 days. In 2002 only one (a 1st floor) of the 15 sales was under 100,000 with the highest sale being 168,000 on the 5th floor. Market time was from 27 days to 155 days. In 2003 only one (1st floor) of the 16 sales was under $150,000. The highest sale price was $185,000. Market time was 18 to 179 days. In 2004 there was only one sale for $225,000. In 2005 two of the 13 sales were under $250,00 with the highest being $325,000. There were 6 sales over $290,000. Market time was from20 to 113 days with 5 of the sales happening in 35 days or less. 2006 had 4 sales. Market time was 137 to 278 days. Sale prices ranged from 215,000 on the first floor to 285,000 (with a garage) on the top floor. As of January 3, 2007 there are 13 2 bedroom condos for sale at Seabridge and Seabridge North. Asking prices are $229,000 (1st floor) to $349,000. Ten of the units have been for sale for more than 4 months, with 2 units being for sale over 8 months. Vacation SN 104 rental information is as www.ormonondbeachcondorentalos.com. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409

Wednesday, January 03, 2007

Ormond By The Sea December 2006 Realtor sales

Daytona Beach area MLS statistics for December 2006 show 1 2 Bedroom 2 Bath condo sold from Granada Blvd. north to the flagler county line an 2 single family homes. That will not leave much for statistical analysis but it does show how really slow the real estate market has been. For information about Ormond Beach and Ormond By the Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/. Marion O’Connor is our sales specialist – ovforsale@aol.com Deanna Thomas is our rental specialist – ovrentals@aol.com Ocean View Realty Group 1350 Ocean shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

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About Me

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Al Raymondi, Broker and owner of Ocean View Realty Group was born in Quincy, MA and graduated from Quincy High School in 1963. He served the the U.S. Air Force including January to December 1966 at the 6924 Security Squadron in Danang Vietnam. Al worked for over 20 years at Blue Cross & BLue Shield of Mass. in Boston on the Medicare program for MA, ME, NH, and VT. He was married to the late Diane (McQuiggan, of Jamaica Plain, MA.) and lived in Quincy, Carver, and Brockton MA prior to relocating to Ormond Beach, FL in 1989. Al and Diane are the proud parents of Scott & Susan, both graduates of Brockton High School, Brockton, MA. Scott served the the Air Force for 4 years as a Jet Engine Mechanic at Langley AFB. He now resides in Palm Coast,FL and has 2 children, Scott Jr. & Samantha. Susan graduated Bridgewater State College, earned her CPA, and is currently residing in Huntington Beach Ca. with her husband Chris Haberl and their two sons, Max and Jake.  Scott Jr was in the US Navy and has a son Scott III and a daughter Hannah.  Al is the Broker for Ocean View Realty Group in Ormond By The Sea Florida. Al's brother Dan and sister Grace still reside in Quincy, Mass.
 
Ocean View Realty Group in Ormond By The Sea Florida helps buyers and sellers in the local real estate market and also provides rental services including vacation rental homes and condos.