Real Estate Market Watch Volusia and Flagler County Florida

According to the Florida Association of Realtors, 556 Homes were sold in Volusia and Flagler county in April, 2008 compared to 486 in March. Sales totals were 8% lower than in April 2007, and the median sale price went from $205,000 in April 2007 to $178,100 this year. Condo sales totals were down 16% from April 2007 to this April and the median sale price dropped from $221,300 in April 2007 to $179,200 in April 2008. Many now believe we have gotten real close to the bottom of the price drop and that prices will stabilize now and possibly begin to increase slightly towards the end of 2008.

Pricing Your Home For Sale

The Washington Post recently published these tips for selling your home and pricing it to sell. Pricing Your Home: Here are some tips on how to price a home you're selling. * Don't base the price on what you paid or what your neighbor got a few years ago. * Do examine the prices of homes for sale in your neighborhood, as well as the prices of comparable homes that have sold in the past three to six months. * Don't pick an agent simply because he or she suggested the highest list price. * Do pick an agent who offers a thoughtful explanation for the price he or she is suggesting. * Don't set your price based on emotional attachments and cherished memories. * Do ask your agent to reassess the competitive landscape every few weeks to make sure your asking price is in sync with the market. * Don't be stubborn. If weeks go by without any offers, the price most likely does not reflect the value of the home. It's time to consider cutting the price. * Do be patient. You might have to wait longer for buyers to pull their money together now that lenders have toughened their standards. Stop right there! 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

24 Juniper House For Rent Ormond By the Sea Florida

24 Juniper Drive 3 Bedroom, 2 Bath, 2 car garage. Washer/Dryer in garage. $1175/Month (386) 441-8245Ormond By The sea. Quite street near shopping. Over 1700 Sq ft. of living area. Lawn care included. Fenced back yard, screened porch. Formal Living Room, Formal Dinning Room, Family Room attached to Kitchen. Interior has all been freshly painted. No pets and no smoking please.

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, Rhonda Lehnen or Shonda Stebleton are 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/

Sunny Beach Club Condo Unit 203 Vacation Rental Ormond By The Sea Florida

Sunny Beach Club Unit #203 Sunny Beach Club condo vacation rental unit 203 is a 2 bedroom 2 bath, 2nd floor unit close to the center of the building overlooking the pool and the beautiful Atlantic Ocean. Ceramic tile entry and kitchen. This unit is nicely furnished and decorated. Watch the waves roll in as you sip your morning or evening beverage. 2nd floor 2 Bedroom beauty. Stack washer and dryer in the unit. All electric modern kitchen includes dishwasher and Garbage disposal. Fully furnished and well equipped to help you enjoyyour Ormond By The Sea vacation rental.

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/

Sunny Beach Club Condo Unit 301 Vacation Rental Ormond By the Sea Florida

Great ocean views await. Sunny Beach Club condo vacation rental unit 301 is the southeast corner of the building. It is a 2 bedroom 2 bath, approximately 936 Sq. Ft. The double window in the living room provides sunlight and fabulous views. Features include a king size bed in the master and 2 twins in the guest bedroom, inside stack washer and dryer, dishwasher, garbage disposal and a built in microwave. Enjoy the beautiful pool in a tropical setting and go to the beach from your Ormond By The Sea vacation rental condo. All electric modern kitchen includes dishwasher and Garbage disposal. Fully furnished and well equipped witheverything you need to make your Ormond By The Seavacation rental memorable.

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/

Seabridge Condo Unit 505 Vacation Rental Ormond By The Sea Florida

Seabridge South 505 is a 2 bedroom 2 bath top (5th) floor vacation rental condo that has everything you need to enjoy your Ormond By The Sea vacation. Two ceiling fans to help keep you cool and a T.V. in each bedroom. Fabulous beach views are the main attraction! Nicely furnished and well equipped including a stack washer and dryer. The unit is approximately 936 Sq. Ft. Pets are not allowed. Minimum rental is weekly. There are limits for trucks and trailers such that ANY trucks or trailers must be approved IN ADVANCE.

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/

2007 Ormond By The Sea Condo Market

There were 50 Condos sold in Ormond By The Sea in 2007 compared to 43 in 2006. Five of the 2007 sales were listed by Ocean View Realty Group. At the end of 2006 there were 151 Condos for sale and at the end of 2007 there were 125. Many owners, espewcially those that purchased at the higher end when the market was hot are holding out for prices to go back up before putting their property on the market. Some would face a substantial loss if their property sold in the current market. Almost half of the 50 Condos sold in 2007 sold for $215,000 or less. There were 11 sales of 2 bedroom, 2 bath, ocean view condos above the first floor for $215,000 or less. That compares to zero in 2006. Of the 10, 2006 sales under $215,000 all were non ocean view or first floor units. Selling prices for ocean view condos across A1A from the beach in 2006 ranged from $265,000 to $346,000. Those selling prices are pretty much unattainable in the current 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 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/

2007 Single Family Home Sales in Ormond By The Sea

The Daytona Beach Area Multiple Listing Service has 109 Homes sold in Ormond By The Sea last year. That compared to 179 in 2006 and 388 in 2005. The average sale price was $256,941 which is down significantly from the $301,844 average in 2006. Average days on the market was up in 2007 to 149 from 122 in 2006 and 82 in 2005. Until 2006, each year from 2000 to 2005 the number of homes sold has exceeded 300. 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/

Sunny Beach Club Condo Unit 207 For Sale Ormond By the Sea Florida

Unit 207 at Sunny Beach Club Condo in Ormond By The Sea is For Sale at $199,900. Professional Staging was just completed by Elegant Freestyle ReDecorators of Ormond Beach and the Condo looks fabulous!

A 2 bedroom 2 bath 900 sq. ft. apartment, Sunny Beach Club Condo unit 207 is at the north end of the building on the second floor. Great ocean views await. This Ormond By The Sea condo is nicely furnished and redecorated with new paint throughout. This unit has an inside stack washer and dryer and sleeps 4 with a king bed in the master and 2 twins in the guest room.

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/

Seabridge Condo Unit 204 For Sale Ormond By The Sea

Fabulous ocean views from this 2nd floor condo. Seabridge South condo unit 204 is being sold fully furnished and equipped and ready for occupancy. A full size washer and dryer is included in the unit. The modern all electric kitchen features a built-in microwave and refrigerator with icemaker and a light over the kitchen sink. Mirrors and track lighting add to the mood of a well-maintained and beautifully decorated condo unit. Storm shutters are included.

$219,900

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 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/

Rhonda Lehnen & Shonda Stebleton have joined Ocean View Realty Group

Rhonda Lehnen and Shonda Stebleton have joined Ocean View Realty Group as Licensed Real Estate Sales Associates. Ocean View is at 1350A Ocean Shore Blvd. (House of Donuts Plaza) and has operated from the same location since 1991specializing in Ormond by the Sea sales and rentals. Ms Lehnen, originally from Kansas City, MO, and Mrs. Stebleton from Ormond Beach, FL, will specialize in Ormond Beach Residential Sales. Rhonda & Shonda will concentrate on the Ormond Beach and Ormond by the Sea area. Rhonda & Shonda are also partners in Elegant Freestyle ReDecorators, LLC, an Ormond Beach based Decorating and Home Staging Company. For further information contact: Rhonda Lehnen or Shonda Stebleton or Al Raymondi Ocean View Realty Group 1350A Ocean Shore Blvd. Ormond Beach, FL 32176 386-441-8245 386-441-2407 Fax www.ovrealty.com ovrealty@aol.com

Home Value Trends in Ormond Beach

According to Zillow.com's latest Home Value Report, home values in Ormond Beach decreased 20.7% in the first quarter of 2008, compared to the first quarter of 2007. Nationally, single-family home values decreased 7.5% while condo values declined 9.0% during this same period. Median U.S. home values experienced the most significant year-over-year decline in 12 years, pushing values back to 2005 levels. Meanwhile, one out of every two homeowners who purchased during the market peak in 2006 is now underwater on their mortgage. 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/

Ocean View provides resources to help Potential Buyers & Sellers

RESOURCES:

Ocean View provides these resources to help potential buyers of Ormond Beach and Ormond By The Sea Homes & Condos. Search the MLS. See for yourself what is currently For Sale. Sharon Logan Real Estate Attorney, having legal representation is not required and it is your choice to retain an attorney. Ramsey & Associates Mortgage. Get pre-certified at no cost and no obligation. Know how much you can afford. Ocean View Realty Group Web Site For Sales http://www.ovrealty.com/ Ocean View Vacation Rental Web Site. http://www.ovrentals.com/ Lots of information about Ormond By The Sea Homes and Condos for rent by the week or month or longer. Ocean View Realty Group Real Estate Web Log Marion O’Connor Realtor Web Site Tom O’Quinn Insurance Lasseter Appraisal Company 386-258-5858 E-Mail addresses – Ovrealty@aol.com, Ovrentals@aol.com, ovforsale@aol.com FPL Electric - (386)-252-1541 or 800-226-3545 Cable TV - (386)-677-1232 Telephone (Bell South) – (386)-780-2355 or 800-753-2909 Water (Ormond Beach) – (386)-676-3349 Public Schools Osceola Elementary – (386)-239-6380 Ormond Middle – (386)-676-1250 Seabreeze High – (386)-646-1400 Volusia County – (386)-255-6475 Library (Ormond) – (386)-676-4191 (County) – (386)-248-1745 Fishing/Hunting License – (386)-254-4635 Bus – Votran – (386)-761-7700 Airport (Daytona Beach International) – (386)-248-8030 Ormond Beach Chamber of Commerce – (386)-255-6475 Recycling Information – (386)-257-6021 Voter Registration – (386)-736-5930 or (386)-254-4690 Beach Information – (386)-239-7873 Automobile Tags/Registration – (386)-254-4610 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 Rhonda Lehnen is our sales specialist - ovforsale@aol.com Shonda Stebleton 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/

Condominiums Are Our Primary Business

Condominiums Are Our Primary Business For those of you who are not sure you understand what a Condo is we have information on our Rental Web Site. For What Is A Condo Page, use this convenient link: http://www.ormondbeachcondorentals.com/what_is_a_condo.PHP 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/

Thinking of Buying a Condo?

Thinking Of Buying A Condo ? The best way to buy a Condo is to see a Specialist. Ocean View Realty Group has extensive experience with Ormond By The Sea Condominiums. We have acted as Condo Association managers, bought, sold and lived in Condos and we continue to be involved with Buyers, Sellers and Renters on a daily basis. So why would you buy a Condo in this area from anyone else? Does your Realtor have a Rental Program? Does your Realtor have current and ongoing knowledge of the Rental Market? Does your Realtor have Management Experience with Condominium Associations? Does your Realtor have first hand knowledge of the day-to-day operations of a Condominium? Will your Realtor have the Ormond By The Sea Condo knowledge to guide you through the pet restrictions, rental restrictions and other differences that exist with local Condos? If your Realtor is Ocean View Realty Group, the answer to all these questions is YES! At Ocean View we work with Condominium Owners, Residents and Investors every day. 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/

Why Do I Need An Ormond By The Sea Specialist

Why Do I Need An Ormond By The Sea Specialist? The short answer is that Residential Real Estate is local in nature. Prices and values vary greatly from one location to another as do Real Estate markets and practices. Ocean View limits the area where we practice so that we can better serve our customers and clients. Ocean View opened its office on Ocean Shore Blvd., (A1A) in 1991 and has helped hundreds of buyers, sellers, owners and renters with Ormond By The Sea Real Estate transactions. 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/

Thinking of Buying A Home or Condo?

Thinking of Buying a Home or Condo in Ormond Beach or Ormond By The Sea? Thinking of buying an Ormond Beach or Ormond By The Sea Home or Condo? Do yourself a favor…talk to Marion O’Connor at Ocean View Realty Group. Realtor Marion knows the area well and can help you through the process. Everyone has their own tastes, preferences, needs, likes and dislikes. At Ocean View we work with you to find the property that is right for you whether it is strictly an investment, a second home, or a permanent residence. People quite often avoid using a Specialist because in many businesses Specialists cost more. This is not true in Real Estate, unless you sign a contract with a Realtor for Representation and Compensation. You pay nothing – Our commission is paid by the Seller at closing out of the proceeds of the sale. 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/

Ormond by the Sea Condo Sales 2008

ORMOND BY THE SEA CONDO SALES JANUARY TO MARCH, 2008 Ten Ormond by the Sea Condos sold in the First Quarter of 2008. Compare that to 8 sales last year and 5 in the First Quarter of 2006. In the 2005 First Quarter there were 35 sales. The average sale price for 2 Bedroom 2 Bath Condo across the street from the beach in January – March 2008 was $175,833. The highest price paid was $210,000 for a unit at the Direct Oceanfront Regency Plaza Condo. Marion O’Connor of Ocean View Realty Group had 2 of her listings sell during the Quarter, accounting for 20% of the market. Ocean View has an aggressive Marketing and Advertising Program that includes the Daytona Beach Area Multiple Listing Service, The Real Estate Book and many Internet Ads and sites including Realtor.com.