Saturday, December 16, 2006

Ormond By The sea Beach home for sale 2 Dolphin

2 Dolphin Ave. Ormond By the Sea. 2 Bedroom Just listed...........new to the market! $219,000 So close to the beach you may get ocean views from a second floor or roof deck. There are no condos on this stretch of beach to block your view. New roof, carpet, and electric panel in 2006. Large screened porch beside the single car garage. Laundry hookups in the garage. 2 Bedroom one bath. Change in owner retirement plans leads to him wanting to sell his beach house. All Measurements approximate. Being sold as is, inspections welcome. MLS # 447040For additional information contact Ocean View today. Visit our web site for additional information on this and other Ormond beach properties for sale and for rent. www.ovrealty.com

Thursday, December 07, 2006

Daytona Beach October 2006 Realty Statistics

There are 8,252 total listings in the Daytona beach area multiple listing service MLS for the end of October, 2006. 1848 listings were added and 311 were sold. There were 383 condos added and only 51 condo sales. Compared to 2005 the number of listings this year is almost double. There were 478 sales in 2005. The average condo sale price for October 2005 was %315,000 and in October of 2006 the average was $269,000. Florida Association of Realtors statistics for October, 2006 for Volu8sia and Flagler Counties show 692 sales this year compared to 1,033 last year and the median price dropped from $223,300 to $216,600.

Tuesday, November 28, 2006

Corinthian Villa price reduction

Corinthian Villas condo unit 104 has just reduced the asking price to $229,900, Under 230,000 for this beautiful condo. Meticulously maintained first floor condo with ocean view. Spacious 2 bedroom 2 bath unit with ceramic tile entry & kitchen. Berber carpet in the living areas. Beautifully furnished and decorated to show like a model. Furnishings are negotiable. Beautifully updated and modernized kitchen with lighted dome ceiling and lots of cabinet space. This Condo unit has a unique feature – outside lights! In addition to your entry door and sliding door on the east wall, you also have windows on the north and west walls. Moreover, there is a walkway to the south of the unit so you have no common walls beside another unit. Ceramic tile patio off your slider, conveniently located reserved parking space. Two walk-in closets and a medicine cabinet in each bathroom. Both bathrooms have beautiful vanities. Lots of additional storage space in the large closet in the entry foyer. Built in microwave and side by side refrigerator with built in wine chiller. Price reduced to $229,900. This is a fabulous condo for this price. Contact Ocean view today for additional information and your private showing. Additional photos are viewable on our web site at www,ovrealty.com go to the sales page. Or call us toll free from the USA or Canada 1-800-356-3409, or email us at ovrealty@aol.com

Thursday, November 16, 2006

Newsletter

ORMOND OWNERS REPORT THIRD QUARTER 2006 HELLO FROM ORMOND-BY-THE-SEA Ormond by the Sea Condo Market Watch There were 10 2 bedroom condos sold in the 3rd quarter (July-Sept.) this year compared to 31 sold last year in Ormond by the Sea. Business Briefs The hair studio has opened at 1182 Ocean Shore Blvd. Aylah’s Place Skin Care & Massage has opened at 1746 Ocean Shore Blvd. Volusia County Flooring Outlet is now open at the Ormond Mall at 1276 Ocean Shore Blvd. The Snowball is open at the old Sunoco Station at 1342 Ocean Shore Blvd. Selling ice cream, hot dogs etc. Jody’s Tender touch plants and fresh produce has closed. The Capriani Condo at 1425 Ocean Shore is now complete. 10 are still for sale in our Multiple Listing Service (MLS). The surfer shop at 1360 Ocean Shore has closed and a tattoo shop has opened there. Kazzoun Cleaners is open at 1472 Ocean Shore with cleaning, laundry and alterations. Mojo’s Cuban BBQ has opened where the ice cream shop was at 1800 Ocean Shore. Coming soon in the building behind the CVS at Granada & Ocean Shore is LuLu’s Bar & Grill. There is a handicapped "beach wheels" available at Tom Renick Park. The Nautica by the Sea Condo project at 2120 Ocean Shore permitted for 30 units over 4 stories is for sale. The developer bought the property in June for $1.75 million. Walmart has opened a neighborhood market at 1905 N. Nova Rd. in Holly Hill. The Arni Pet Shelter on International Speedway Blvd. in Downtown Daytona Beach has closed due to lease issues. Local Notes Air Tran Airlines will begin service from the Daytona Beach Airport to Atlanta January 12, 2007. Beginning February 15,2007 they will begin non-stop service to Baltimore. China One New York Style Chinese all you can eat buffet is now open at Bellair Plaza. The Old Fire Station has been demolished and work is beginning on the new and expanded facility. The station is operating out of temporary quarters at Bicentennial Park. Arts map. The Daytona Beach Area Convention and Visitors Organizations (CVB) has published a new brochure listing local arts organizations and events. For listing of events and activities visit http://www.culturallydaytonabeach.com/ or call 866-644-9649. The new brochure is available at the Ocean View Realty Office. The bridge and intersection work at I-95 and Granada Blvd. is now complete. I-95 is now 3 lanes going over Granada Blvd. Cobblestone Village is planned to be the 2nd largest shopping center in the area after Volusia Mall. The 400,000 square foot center is planned in Palm Coast between I-95 and Palm Coast Pkwy on 57 acres. Cosmopolitan, a planned 195 unit 8 story condo on North Beach St. in Downtown Daytona Beach has been put on hold due to the soft condo market. The Speedway has dropped its plans for a lifestyle center at its speedway complex and is looking into something that will blend better with the race track The Volusia Office Supply Building on W. Granada Blvd. has been demolished as part of the plan to re-vitalize downtown Ormond Beach with upscale restaurants. Love’s Truck Stop is now open on Rt. 1 in Ormond Beach at I-95 exit 273, Destination Daytona. The new Marineland Dolphin Conservation Center is now open. Work continues on the Bioscience Center and Restaurant, but a planned condo project has been put on hold. Daytona Beach has been selected at the League Headquarters for the WIFL (World Indoor Football League). Daytona Beach Thunder is the local team, playing their games at the Ocean Center. World Market has opened a store at 2400 W. International Speedway Blvd. Volusia County is digging small ponds (25’ diameter) in the Tomoka Basin Spoil Islands and stocking them with minnows that eat mosquitoes. The 15 acre site in downtown Daytona Beach that is now Daytona Marina & Boatworks may soon be single family estates and a 188 unit river front condo. Ormond Beach residents will vote on whether building heights should be capped at 75 feet. A.C.Moore has opened an arts and crafts store at 2400 International Speedway Blvd. Daytona Beach area beaches were voted Florida’s Best by readers of Florida Monthly Magazine. November 4 United Airlines resumes seasonal Saturday non stop service from Daytona Beach Airport to Chicago. The service continues until the end of April each year. Sad Story On November 10, 2006 Jim & Nancy Bridges leave Ocean View to retire to their new home in the mountains of Georgia. Jim & Nancy have been friends, partners, and coworkers for many years and we will miss them dearly. OCEAN VIEW ON THE INTERNET Ocean View Realty Group has increased our Internet presence and significantly expanded the information available on our rental web site. Our main web site at http://www.ovrealty.com/ includes information and photos about our for sale properties and information and photos about ore properties available for long term lease. Due to customer demand we have added photos of our rental homes at our vacation rental web site at http://www.ormondbeachconorental.com/ and are in the process of adding more interior photos of our rental condos. Customers will find us more easily on the World Wide Web and will find a wealth of information about our services once they get to our web sites. We have also been adding Real Estate Market information to our web log at http://www.ormondbytheseaproperties.blogspot.com/. I know, the name is long so just go to our main web site http://www.ovrealty.com/ and click on Al’s web log on the left of the home page.

Thursday, November 02, 2006

Ormond by the Sea Storage units

STORAGE FOR RENT $100/MONTH + TAX DEHUMIDIFIED 7’ WIDE - 16’ DEEP 11" CEILING APPLY YOUR OWN PADLOCK. COULD STORE STUFF YOU NOW HAVE IN YOUR GARAGE OR ATTIC. OCEAN VIEW REALTY 1350A OCEAN SHORE BLVD ORMOND BEACH, FL 32176

Tuesday, October 31, 2006

Ormond by the Sea Storage Rental

Ormond By the Sea Storage rental Ocean View has storage for rent at our location in Ormond By The sea.7X16 space with 11 foot ceiling offers lots of space for furniture andhousehold items. The space is de-humidified. $100 Monthly plus tax.If you are relocating to the area or just need a place to put "stuff" thatdoesn't fit into your home contact Ocean View for availability of ourstorage units.

Thursday, October 26, 2006

Ormond by the Sea Real Estate Sales Statistics for September, 2006

The Florida Association of Realtors reported Volusia & Flagler County sales of existing homes in September were down 43% from September, 2005. The median sales price also dropped from $224,400 in Sept. 2005 to $207,100 this September. The West Volusia Association of Realtors have 3 times the number of homes for sale thais year as last and the average days on the market has doubled. Statewide in Florida existing single family home sales were down 34% from last September and the median price went down 1%. For up to the minute Ormond Beach and Ormond by the Sea home and condo sales and rental information contact Ocean View Realty Group at 1-800-356-3409 or visit our web site at www.ovrealty.com.

Tuesday, October 17, 2006

Condo refinancing in Ormond By the sea

Thinking of refinancing your property in the greater Daytona Beach area including Ormond By The Sea? With Ramsey Mortgage your TOTAL lender cost will only be $375.00 Ask for a good faith estimate to see how you benefit. Did you know? -Your property taxes are not affected when you refinance? -You get to SKIP a mortgage payment? -We can put a check in your pocket in 10-15 days........Guaranteed! Contact Marty Zimmerman today OFFICE: (386) 756-7766 TOLL FREE: (800) 892-6909 RAMSEY & ASSOCIATES MORTGAGE COMPANY 200 FOREST LAKE BLVD. STE. 5 DAYTONA BEACH, FL 32119 www.ramseyflorida.com

Monday, October 09, 2006

Ormond by the Sea Real Estate Market Watch Sept. 2006

There are currently 113 condos for sale in Ormond by the sea. There were 5 condo sales in Sept. compared to 6 in 2005. The average sale price in 2006 was just $700 less than in 2005 with the average sale price being $269,200. The median 2006 sold price was $256,000 while the 2005 median was $300,000. Four homes sold in Sept. 2006 compared to 22 sold in Sept. 2005. One of the 2006 sales was a 2 bedroom 2 bath home that sold for $185,000. Sept. 2005 had 6 2 bedroom 2 bath sales with an average selling price of $265,000. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Sunday, October 08, 2006

Villa Sereno Townhouse Condo for sale

Ormond By The Sea Condo for Sale Just listed and new to the market $349,900 Villa Sereno Townhouse condo unit 1 Fabulous views from this spacious 2 bedroom townhouse condo that faces the ocean. Beautiful refuurbishing job just completed. Major damage from the 2004 huricanes made this unit uninhabitable. The Association added a new roof and rebuilt the balcony in 2006. An all new and redesigned kitchen features stainless steel appliances, wood cabinets and granite countertops. All new ceramic tile, carpet and bathroom fixtures. Sip your favorite beverage from your master bedroom balcony overlooking the enchanting Atlantic Ocean. Owner will consider financing. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Tuesday, October 03, 2006

Unmarried Females Buying Real Estate

A recent survey by the Harvard University Joint Center for Housing Studies indicates unmarried females ar the fastest growing segment of the housing market. The analysis indicated 15% prefer to live in condos while 34% prefer a small 2 bedroom home. Most can afford homes $200,000 and under. The average age of these buyers is 42 plus. They now account for 20% of all home buyers

Thursday, September 28, 2006

Volusia/Flagler Home Sales August, 2006

Florida Association of Realtors reports 731 existing homes sold in the 2 county area in August compared to 1,331 in August, 2005, the median price also declined for the second straight month from $227,880 in August 2005 to $215,400 this year. Statewide there were 34% fewer sales in 2006 than in August 2005 and the median price did not change. Ocean View Realty Group has several excellent properties for sale and for rent. Visit our web site at www.ovrealty.com . 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Friday, September 15, 2006

All Brick Home for Sale in Ormond by the Sea

198 Pierside Dr.........Price reduced to $359,900.0 All brick, 3 bedroom 2 bath 2 car garage at the head of a Cul de Sac in Ormond by the Sea. One block to beach or enjoy your screened 15x30 Larson pool with built in cleaner. Fully fenced private rear yard. All appliances stay!! This home has been lovingly maintained. Must be seen to be fully appreciated. Broker owned. All measurements approximate. 198 PIERSIDE DR. ORMOND BY THE SEA 15 x 30 INGROUND LARSON POOL (MOUNTAIN LAKE MODEL) WITH POOL VALET (AUTOMATIC CLEANER) AND FULLY SCREENED DECK. 3 BEDROOM 2 BATH SPLIT PLAN. INSIDE LAUNDRY AREA. ALL BRICK CONSTRUCTION. FANS IN ALL ROOMS. ONE BLOCK TO OCEAN. OVERSIZED SHOWER/MASTER BATH. DOUBLE SINK/MASTER BATH WITH EXTENDED VANITY. INSULATED WINDOWS THROUGHOUT .OVERSIZED 2 CAR GARAGE. ALL WINDOW TREATMENTS STAY. NEW AIR HANDLER & DUCTWORK. 6 PANEL WOOD DOORS THROUGHOUT. OUTSIDE SHOWER. ON A QUIET CUL DE SAC. TASTEFULLY LANDSCAPED. CARPETED & CERAMIC TILED. PRIVATE FENCED YARD. MODERN EAT-IN KITCHEN. MOVE-IN CONDITION. ALL APPLIANCES STAY. TAXES $2,272.36 (2005) HOMESTEAD. CALL OCEAN VIEW REALTY FOR YOUR PERSONAL SHOWING AT 386-441-8245 $359,900.00 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Thursday, September 14, 2006

Ormond by the Sea Home Sales August, 2006

Ormond by the sea home sales in August, 2006 totaled 17 with an average pridce of $280,499. Two the the homes sold for over #300,000. These figures compare to 37 sales in August 2005 with an average sale price of $259,l000. 2 Ormond by the Sea homes sold for over $300,000 in August, 2006 while 9 sold for over $300,000 in August, 2005. As examples, a 2 bedroom 1 bath in the Seaside subdivision sold for $215,000 in august 2005 after being on t5he market less than 90 days. A similar home in the same subdivision in August 2006 sold for $177,000 after 162 days on the market. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Ormond by the Sea Condo Sales August, 2006

Ormond by the Sea Condo Sales August, 2006 through the Daytona Beach area multiple listing service total 3 and the highest sale price was $225,000. Compare that to 2005 when there were 10 sales and one was under $225,000. The highrea sale price was $335,000 with 5 of the condo units selling for over $300,000. The 2005 average slaes price was $291,350.00 and the average 2006 sale price is $210,333.33. Condo sales have been slow and the small number of sales may make for strange statistics but the actual numbers of sales and the values are certainly much lower than condo sales figures from a year earlier. One example is Seabridge Condo unit #107 sold in August,2006 for $215,000. A Corinthian Villa first floor condo unit sold in August 2005 for $262,500. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Vacation & Investment home sales

A recent National Association of Realtors report showed that investments and vacation homes together acdcounted for almost 40% of all residential trasactions in 2005. Vacation home sales increased almost 17% and investment home sales were up 15.5% from 2004 to 2005 The median price of vacation homes was up 7.4% and investment home prices were up 24% from 2004 to 2005. 11 percent of buyers own two properties and 4% own three or more properties according to the surveys. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Ormond by the Sea Home for sale

Ormond By The Sea Home for sale...........price reduced to $179,900 Low price 2 bedroom beachside bungalow in Ormond by the Sea. New paint and carpet. Kitchen updated approximately 5 years ago. Carport. Nice room added off the kitchen. Shed in fenced back yard. Ceramic tile kitchen. Utility room with washer/dryer hook ups. Ceiling fans in kitchen and bedrooms. Close to the beach and shopping. 39 Seaside Dr. Ormond Beach Florida, 32176. Priced to sell at $179,900 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Tuesday, September 12, 2006

Seascape Condo for Sale

Unit 303 Seascape This is a beautiful 3rd floor unit in much sought after Seascape Condominium. The condo must be seen to be fully appreciated. Comes with (if you wish) a full time year round tenant who pays on time every month and all her own utilities. This lady is an excellent tenant and wants to sign a lease. At present she is month to month due to the potential for a sale. Come look at this condo and if you like what you see make us an offer!! $299,900 is an excellent price for this outstanding condo unit.Seascape is an L shaped 5 story building that opened in 1983. Units are all 2 bedroom/2 bath and are approximately 1200 sq. ft. They either face north or east towards the pool and ocean. All units have inside laundry and underground parking. Maintenance fee $255 monthly. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Monday, September 11, 2006

Seabridge North Condo for Sale

Seabridge North Condo for sale in Ormond By The Sea Florida 2 Bedroom 2 Bath top floor North end unit approximately 1100 square feet with a wrap-around balcony. One of only 8 units in the complex with a garage Others to be adding garages in the future. Beautiful 5th (top) floor corner unit with garage!! Magnificant Ocean views from this very private unit. Small pet ok, weekly rentals ok. In Unit washer & dryer. Come see this unit - owner says sell, bring all offers. Maintenance fee $241 monthly. This condo is the top floor northeast corner of the building. Reduced to $299,900 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Friday, September 08, 2006

Volusia County Income

Volusia Couny Personal Income grew 6.6% in 2005 according to the U.S. Bureau of ecoomic analysis. This is the total income from all sources in the entire county divided by the number of people. Income growth compared favorably to the 2.9% inflation rate. The National average income growth was 5%. The bad news is thet Volusia County income ranked 276 out of 361 metro areas still, in the bottom third. Ocean View Realty Group 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://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

Volusia County Income

Volusia Couny Personal Income grew 6.6% in 2005 according to the U.S. Bureau of ecoomic analysis. This is the total income from all sources in the entire county divided by the number of people. Income growth compared favorably to the 2.9% inflation rate. The National average income growth was 5%. The bad news is thet Volusia County income ranked 276 out of 361 metro areas still, in the bottom third. 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

Thursday, August 31, 2006

Home Buying Power August, 2006

According to the most recent national housing opportunity pulse survey by the National Association of Realtors only 14% say rising mortgage interest rates would keep them from buying a home. 34% cited increasing property taxes and 28% said a major concern was the rising cost of energy(electricity, etc.). According to the US Census Bureau the average month mortgage principal and interest payment was $840 in 2005 it was $1040, in April 2006 it was $1132. More than a 10% jump in the past year alone. The price of electricity was up 12% from February 2005 to February 2006 accoring to Energy Information Admininistration estimates. State and Local Property taxes per household in fiscal year 2003 averaged $985 and by 2004 that figure was $1121 according to the US Census Bureau. Real Estate taxes in Volusia County and Ormond By the Sea have increased significantly in the past few years as property values skyrocketed. Owners without a homestead exemption to hold the line on increases have been hit hard. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Monday, August 28, 2006

Florida Home Sales for July, 2006

Florida Association of Realtors figures for July 2006 show existing home sales dropped 1/3 from July 2005. Increasing mortgage rates, taxes, and insurance appear to be factors. Sales nationally for July were at a 2 year low as inventories of unsold homes were at a record high. Condo sales were also down 37% and the median sale price also declined 15%. 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

Thursday, August 24, 2006

Volusia County Housing Affordability

Housing affordability in Volusia County has taken a big hit according to the National Association of Home Builders Affordability Index for the second quarter 2006. In early 2000 Volusia County was 28th most affordable in the country. The Deltona-Daytona Beach-Ormond Beach Metro Area ranked just below Orlando at number 134. There are a total of 10 Florida Metro Areas ranked more affordable. The index uses the median household income and the median selling price of homes and indicates that 31.4% of homes are affordable at the median income.

Monday, August 14, 2006

Real Estate

Real Estate, like the stock market, should be a long term investment. Day traders and others that were buying real estate due to the increasing values thought that long term meant 90 days! As the real estate market returns to normal, holding a property for 10 or 20 years will probably once again produce a reasonable return when eventually sold, and potentially some enjoyment and tax considerations along the way.

Friday, August 11, 2006

Seascape Condo for Sale

2 bedroom 2 bath approximately 1200 sq. ft. condo unit at Seascape condo in Ormond by the Sea. Features include ocean view, inside laundry and underground parking. Currenty occupied by a tenant who would like to stay. $309,000

Volusia County New Construction Values

The Volusia County Department of Economic Development reported the value of new construction for the first half of 2006 down $100 million from last year. Single family home permits went from 3401 the first half of 2005 to 1900 for the first half of 2006. The total commercial and residential new construction values were $675 million in the first half of 2005 and $575 million the first half of 2006. This may be part of the natural correction following a couple of record breaking years. Contact Realtor Marion O’Connor today at ovforsale@aol.com or toll free USA and Canada 800-356-3409. You can also visit our web site at www.ovrealty.com.

Thursday, August 10, 2006

Seabridge North Condo for Sale

Just reduced to $309,000 this 2 bedroom 2 bath condo is the top (5th) floor northeast corner of the building and features fabulous views and a wrap around balcone. This unit comes with a garage. For additional information and your private showing of this and other available Ormond by the Sea homes and condos contact Realtor Marion O'Connor today ovforsale@aol.com or toll free USA & Canada 800-356-3409. Visit our website at www.ovrealty.com SOLD

Tuesday, August 08, 2006

U.S. Home Sales - June 2006

The Commerce Department reported that new home sales dropped 3% last month. This was the first decline since the 11.5% drop in February 2006. Many economists are predicting another year of slow sales with some parts of the country experiencing price declines. If you are thinking of buying or selling Ormond Beach or Ormond by the Sea real estate contact Realtor Marion O'Connor at ovforsale@aol.com or 1-800-356-3409 or visit her web site at http://fl.living.net/realtor/marion from there you can search the Daytona Beach Area Multiple Listing Service (MLS) for all types of properties for sale in the area.

Thursday, August 03, 2006

Real Estate Market Update

Harvard University's joint center for housing studies says over the next 10 years there will be at least 2 million more new households than were formed over the past decade. This means that the current national slowdown in home sales will not last long. Real Estate prices falling in the past have been precipitated by over building housing supply or big employment drops and neither condition is present currently. For all your Ormond Beach and Ormond by the Sea residential Real Estate needs visit the Ocean View Realty Group web site at www.ovrealty.com

Monday, July 31, 2006

June 2006 Volusia County & Florida Real Estate

Florida Association of Realtor figures show the median price of a single family home in June increased 6% to $221,300. The median was $208,700. Condominium sales were quite the opposite with the median sale price of a condo dropping 14% from $265,000 in June of 2005 to $228,100 this year. In Florida the number of existing single family homes sold was down 29% in June compared to last year but the median sales price increased to $257,800. Florida condo sales were down 35% from last year and the state wide median sale price dropped slightly to $212,500.

Sunday, July 23, 2006

Ormondy Condo web site

Ocean View Realty Group has launched a new web site for rentals at the Ormondy Condominium in Ormond By The Sea. Visit www.ormondycondo.com We will be enhancing the site over the next several months. Toll free--USA and Canada 800-356-3409 Phone 386-441-8245 fax 386-441-2407 mailto:ovrentals@aol.com http://www.ovrealty.com/

Friday, July 14, 2006

Condos Coming in Ormond Beach area

Condos Coming Current condo projects under construction in Volusia and Flagler Counties will add 2,800 units to the condo inventory. The County Property Appraiser indicates there are now 27,789 condo in Volusia County, approximately 3,100 of which have been added in the past 2 years. Of the total under construction, one project consisting of 34 units is in Ormond By The Sea. In Ormond By The Sea, the number of resales of condo units in Volusia and Flagler County combined are about half of last years total for the same time period. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Wednesday, July 12, 2006

REAL ESTATE MARKET ANALYSIS

REAL ESTATE MARKET ANALYSIS Many economists are looking for sales of both new and existing homes to fall by around 10% this year as rising mortgage rates crimp demand. The lowest mortgage rates in four decades helped to propel sales to five straight annual records from 2001 through 2005. A recent report from the Commerce Department indicated sales of new single family homes increased 4.6% in may. The largest increase, 6%, was in the south. Many economists also believe that the huge backlog of unsold homes will put more downward pressure on prices in coming months. The Commerce Department report for May 2006 shows the median sales price was up 3.1% to $235,000 as compared to May 2005. 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Monday, July 10, 2006

Real Estate statistics for May. 2006

VOLUSIA COUNTY REAL ESTATE STATISTICS FOR MAY, 2006 The median sales price of a single family home in Volusia County rose to $231,500 in May, 2006. The statewide Florida median is $256,400. Condo sales in May were down 30% and the median sales price declined 17% to $222,500 as compared to last year. Ormond By the Sea Condo sales (2 bedroom 2 bath across from the ocean) May 2004 Sold 3 average sale price $206,000 – Average days to sell is 48 May 2005 Sold 9 average sale price $233,000 – Average days to sell is 68 May 2006 Sold 2 average sale price $254,000 – Average days to sell 168 There were no direct oceanfront condo sales closed in May 2006. The above sales information was taken from the Daytona Beach Area Association of Realtors MLS. For additional information about the value of your condo in the current market or to discuss purchasing Ormond By The Sea property 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409 Vacation rental information is at www.ormondbeachcondorentals.com

Friday, July 07, 2006

Volusia County Property values

County property appraisers provide property value information to local governments by July 1 of each year. This year the total Volusia County taxable value reached 838 billion. There have been ten consecutive years of increases with 2006 setting a new record at 28% increase. Flagler County values hit $10.9 Billion, a 37% increase. Volusia taxes will increase $171 Million if tax rates are kept the same as last year.

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 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 Oceanshore Blvd. Suite A Ormond Beach, Fl 32176

386-441-8245 Fax 386-441-2407 Toll free USA & Canada 800-356-3409

Vacation rental information is at www.ormondbeachcondorentals.com

Tuesday, June 13, 2006

IRA FUNDS BUY REAL ESTATE

IRA FUNDS BUY REAL ESTATE Did you know you can use your IRA to buy investment Real Estate? By creating a self-directed IRA it is possible and legal. The IRA must buy the property so you probably cannot use it for property you already own or property on which you have made a deposit to purchase. If you are thinking of buying a home or condo in Ormond by the Sea contact Marion O'Connor to get the information you need to unlock your IRA. Ocean View Realty 1350A Ocean Shore Blvd. Ormond Beach, FL 1-800-356-3409 1-386-441-2407 Fax ovforsale@aol.com Marion's email

Volusia County Florida Growth

Estimates are that approximately 27,000 new residents move to Volusia County each year. Subtract the 18,000 who leave and the population grows by almost 25 new residents every day. During the years 2000 to 2004 the net gain in All Florida for those moving from other states was an average of 190,894 per year. Lots of folks trying to get a piece of the "Sunshine State." For information about relocating to the greater Daytona Beach Area, Ormond Beach and Ormond by the Sea contact Ocean View Realty Group at 1-800-356-3409 or visit our web site at www.ovrealty.com or email us at ovrealty@aol.com.

Tuesday, June 06, 2006

Florida Real Estate Market Update for April, 2006

Existing home sales in Florida were down in April for the 5th Consecutive month. 31% fewer homes and 37% fewer condos changed hands as compared to April of 2005. The median price of homes increased 13% to $249,700 and for condos it went up 4% to $222,900. Figures are from the Florida Association of Realtors. For All of your Ormond Beach and Ormond by the Sea Real Estate needs - sales and rentals contact Ocean View Realty Group today. Call 1-800-356-3409 or 1-386-441-8245. Or visit our office at 1350A Ocean Shore Blvd., Ormond by the Sea, FL 32176. If you are buying or selling email Marion at ovforsale@aol.com. For rental information contact Deanna at ovrentals@aol.com.

Tuesday, May 30, 2006

2005 Florida Home Buyers & Sellers Survey

A 2005 National Association of Realtors Survey of Florida home buyers and sellers found the 29% of sellers chose to sell without a Realtor. The median sale price for those sellers was $210,000. The median sales price for those using a Real Estate Professional was $255,000. So are you really saving money by selling your home or condo without a realtor? If you are thinking of buying or selling an Ormond Beach or Ormond by the Sea home or condo contact Marion O'Connor at Ocean View Realty Group today at www.ovrealty.com or http://fl.living.net/realtor/marion 1350A Ocean Shore Blvd. Ormond Beach, FL 32176 1-800-356-3409 1-386-441-8245 1-386-441-2407 Fax

Monday, May 22, 2006

Ormond by the Sea Real Estate Market Analysis

Here's my take on the current Ormond by the Sea Real Estate Market. The slowdown in the current Real Estate Market has talk again about that big "Bubble" bursting. I don't see it that way. Many investors were speculating in Real Estate over the past few years due to the rapid increase in property values. What they wound up doing was to make the values increase even faster due to the demand they created. Most of the investors that were able to sell will put their profits into the stock market or elsewere now since the Real Estate Market has slowed. The Real Estate Market performed well prior to the influxs of speculators and I believe that following a "correction" that we are now experiencing properties will once again be selling. When property values are increasing quickly and properties for sale recieve multiple bids buyers have few choices. Now that things have slowed buyers have many more properties from shich to choose. Florida has no state income tax on earned personal income. Maybe that's why over 1,000 people move to Florida each day, or maybe the weather has something to do with it. There are many reasons for people to migate to Florida nad with the baby boomer generation reaching retirement age there appears to be reason to believe that the Ormond by the Sea Real Estate Market will be very strong again soon. For additional information about Ormond Beach and Ormond by the Sea Real Estate contact Marion O'Connor at Ocean View Realty Group 1-800-356-3409 or ovforsale@aol.com . Information about Ocean view is on our web site at www.ovrealty.com or our rental web site at www.ormondbeachcondorentals.com. If you are looking to buy a home or condo in Ormond Beach or Ormond by the Sea you can search our Daytona Beach Area Multiple Listing Service (MLS) at Http://fl.living.net/realtor/marion.

Sunday, May 21, 2006

Ormond Beach Home for sale

Ormond Beach home for sale 39 Seaside Dr 2 Bedroom 1 bath Bungalow close to the beach in Ormond By The Sea. Updated kitchen, fresh paint and carpet. Ceiling fans. Utility room with washer and dryer hookups. Fenced back yard. $189,000. Contact Ocean View today for additional information and your private showing. Toll free--USA and Canada 800-356-3409 Phone 386-441-8245 fax 386-441-2407 ovforsale@aol.com www.ovrealty.com

Tuesday, May 16, 2006

Fastest Growing County in the USA

According to U.S. Census Bureau figures Flagler County, The neighbor to the north of Ormond by the Sea, for the second consecutive year, is the fastest growing by percentage. For the period ending July 2005 the County population grew 53% since the 2000 census.

Monday, May 15, 2006

Condo Association Windstorm Insurance

Volusia County oceanfront condo Associations can expect windstorm insurance rates to increase up to 222% this year. 8 Hurricanes in the past 2 years caused insurance losses over $30 Billion. The state will contribute hundreds of millions of dollars toward the losses of the Citizens Property Insurance Corp., the state backed insurance of last resort, and policyholders will be expected to pay the rest.

Friday, May 12, 2006

Real Estate Market Updates

Ormond Beach Real Estate Market watch The Florida Association of Realtors recently released statistics for March 2006. According to their figures for Volusia and Flagler Counties single family existing home sales were off for the 3rd consecutive monthe when compared to last year. 2006 saw 31% fewer sales but the good news is the the mediasn sales price increased 18%. Nationally the median sales price increased 7.4% in March as compared to 2005. Statewide the median price rose 17% while sales were off 22%. The U.S. Commerce Dept. recently reported that sales of new homes ion March were up but the median price dropped 22%.

Tuesday, May 09, 2006

Ormond By The Sea Newsletter

Ocean View Realty Group mails (yes, snail-mail) a newsletter to many Ormond Beach and Ormond By The Sea Real Estate Owners 4 times each year. Our intent is to provide information to these owners that they may otherwise not receive. Local owners have many options for receiving this information but most out of town owners only get this newsletter. Any portions of the newsletter that were previously posted here have been deleted. ORMOND OWNERS REPORT FIRST QUARTER 2006 HELLO FROM ORMOND-BY-THE-SEA BUSINESS BRIEFS -Stellas on the Beach has closed, and Kahunas with new owners is now open. -Christian Book Store has opened at 1460 Ocean Shore Blvd. -The Holly Hill Farmer’s Market lasted less than 6 months and is closed. -Bath Designs and Gadzooks stores have closed at the Volusia Mall. -Zaxby’s has closed at 250 S. Atlantic Ave. in Ormond Beach. -Bonefish Grill is now open at 814 S. Atlantic Ave. in Ormond Beach. LOCAL NOTES -Marineland has reopened after 2 years of construction and remodeling. -The old Happy Whale Restaurant (across from Alfies) has been demolished. Volusia County has purchased the property and plans to make it into a landscaped parking lot with rest rooms and sitting areas. -Marriott has opened a Residence Inn on Richard Petty Blvd., near the airport. -Repairs to the Flagler Beach Pier, damaged by the 2004 hurricanes are now complete. -The Grand, a proposed 420’ high 42 story resort building is planned for Atlantic Ave. and Oakridge Blvd. -There are currently 2,252 condo units in 19 buildings under construction in the Daytona Beach Area. -University of Phoenix has opened a campus at the Cornerstone Office Park at the intersection of LPGA and Williamson Blvd. They expect to have 500 students within 5 years. -Volusia Marketplace will be the name for the shopping center opening later this year in the old Builders Square building that closed 7 years ago. Initial plans are for a Mexican Grill, Panera Bread, Arts & Crafts and Linen Outlet all to open by this fall. -Halifax Medical Center has announced plans to expand its facility at the current site. A new 10 story tower will be added by 2009. The expansion will add 204 new private rooms and 107 emergency department rooms. -The County effort to stabilize the dunes in front of Sunny Beach Club and Villa Sereno (2730-2750 Ocean Shore Blvd.) was helped along by residents and volunteers planting approximately 1,000 sea oats plants. -University of Florida researchers estimate 1100 people are moving to Florida every day. -The Historic Ormond by the Sea Scenic Trail Corridor Advocacy Group expects to receive approval for making part of A1A, John Anderson Drive and Highbridge Rd. a Scenic Highway, paving the way for state grants for improvements. -Agreement has been reached between the developer and the last business hold- outs to allow the Boardwalk Revitalization Project to move forward. Plans call for twin condo- hotel towers with up to 500 rooms and restaurants and retail stores on the ground floor. -Hilton has opened a 94-unit Homewood Suites Hotel on Bill France Blvd. -Florida State University, in an agreement with DBCC and Halifax Medical Center plans to train 40 Medical Students here beginning in 2008. -Nova Shoppes, just south of Granada on Nova Road is now open. Tenant Restaurants include Tijuana Flats, Smoothie King, Firehouse Subs, Little Caesars Pizza, and Tokyo Japanese Steakhouse. Other Tenants include a Dollar Store and Atchley Appliance and TV.

Volusia County Real Estate tax Lien sale

Bidding closes May 31, 2006 for this year's sale of certificates for delinquent Real Estate taxe. The sale is conducted on-line at www.bidvolusia.com and descriptions, photos, ans maps are available on the web site.Buyers bid the lowest interest rate they are willing to accept. Individuals can avoid having their certificate sold by paying the tax and interest and penalties by May 30, 2006.

Saturday, April 22, 2006

Ormond By The Sea Real Estate Market update April 22,2006

Ormond By The Sea Real Estate Market update April 22,2006 We now have 99 Ormond By The Sea Condos for sale in MLS. There are also7 pending closing. 2006 year to date 6 Ormond By The ea Condos have sold as compared to 43 for the same time period last year. The inventory of condos for sale is continuing to rise slowly as properties stay on the market longer. The single fmily home inventory is also rising with 216 homes currently for sale in Ormond By The Sea. You can search the Daytona Beach Area Multiple listing service through Marion O’Connor’s Realtor web site http://fl.living.net/realtor/marion or use the search MLS link below. For additional information about Ocean View properties for sale and lease visit our web site at www.ovrealty.com. To discuss buying, selling, or renting Ormond Beach and Ormond by the Sea property contract Marion O’Connor at 800-356-3409, ovforsale@aol.com or 386-441-8245.

Tuesday, April 11, 2006

Ormond By The Sea Condo Market update April 10, 2006

There are now 95 condos for sale in MLS in Ormond by the Sea. 7 units are pending closing. Some of the sellers have recently reduced their price from the 320’s to under 300,000 and a couple of those now have a contract and are pending closing. There are currently 207 single-family homes for sale in Ormond by the Sea with asking prices ranging from $172,000 to $2.9 million. You can search the Daytona Beach Area Multiple listing service through Marion O’Connor’s Realtor web site http://fl.living.net/realtor/marion or use the search MLS link below. For additional information about Ocean View properties for sale and lease visit our web site at www.ovrealty.com. To discuss buying, selling, or renting Ormond Beach and Ormond by the Sea property contract Marion O’Connor at 800-356-3409, ovforsale@aol.com or 386-441-8245.

Thursday, March 30, 2006

Ocean View Realty Group expands web sites

Ocean View has enhanced our web site at www.ovrealty.com and added information and photos for properties for sale and lease. Customers may also search the Daytona Beach Area MLS with one click from the site. We have also added more photos of our rental properties to our rental web site at www.ormondbeachcondorentals.com. The rental web site has 10 pages packed with photos and information. If you prefer you can contact Ocean View to buy, sell or rent Ormond by the Sea properties by calling 1-800-356-3409 toll free from the USA and Canada.

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