Ormond By The Sea condo market

The number of condos on the market in Ormond By The Sea seems to have stabilized recently. The numbers no longer appear to be rising as the were in 2006. Prices have been coming down and there are a few condos currently pending sales. These are hopeful signs that the worst may be behind us and the condo mareket will rebound soon. The bad news for sellers is the the lower values may be what drives the upturn in sales so you can expect your condo to sell for 50,000 to 100,000 less that the peak 2005 values. The good news? Maybe the reduced values will mean lower tax bills. 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 http://www.ormondbeachcondorentals.com/