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/

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/

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

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

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

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