Now is a great time to buy an Ormond By The Sea Florida home or condo

Now is a great time to buy an Ormond By The Sea Florida home or condo

Much more information about real estate for sale is more readily available to those looking to buy due to the internet.  This availability gives buyers more information about the homes and condos for sale as well as the neighborhoods and local area.

Interest rates are VERY low and the inventory of Homes and Condos for sale is remaining at a high level so there are lots of properties from which to choose. A few years ago there were very few choices and buyers were selecting and bidding on a property that did not have all of the features they originally wanted. Those bidding wars that were a nightmare for buyers are now a thing of the past. Prices have come back down to where they were in 2002-2003 and in many cases that represents significant savings.
Values of some Condos are about 50% less than their peak 2005/2006 value. Buyers can also take more time selecting the Home or Condo that is right for them. When the market was really hot buyers that took a few hours to decide to make an offer would find that the property they loved had been sold. The bottom line is that now is a great time to get off the fence and buy that second Home or Condo or Retirement Home.

For information about Ormond Beach and Ormond By The Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach Florida area multiple listing service (MLS) anonymously.