Homeowners' property insurance

Homeowners’ property insurance rates will go down, according to figures released by the Florida Office of Insurance Regulation, but the amount varies dramatically from county to county – from an average of 10 percent in the Panhandle to as much as 50 percent in South Florida. Contact Marion O'Connor at Ocean View realty Group for all your Ormond beach and Ormond By The Sea Real Estate needs. Marion32174@aol.com 1-800-356-3409 For information about Ormond By the Sea and Ocean View visit our web site at www.ovrealty.com

Ocean Watch Condo 505 price reduced

Ocean Watch Condo for sale $279,000 Unit 505. Top floor fantastic Ocean views from this top (5th) floor condo. New in the past couple of years include air conditioner and air handler, water heater, dishwasher, flooring, and some furniture. Well-maintained unit fully furnished and equipped and ready for occupancy. This unit has an underground reserved parking. Built in 1986, this 5 story, two building complex features a large pool. Laundry facilities are on each floor. Maintenance fee is $250 monthly. Price reduced to $279,000. Contact Ocean View today for additional information and your private showing. MLS # 424507

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

Seascape 406 price reduced

Seascape Condo unit 406 in Ormond By The Sea. Price just reduced to $305,000.00.

Spacious 2 bedroom 4th floor condo that is the ultimate in interior design. Effective use of mirrors and plants make an inviting atmosphere. Secure building with underground parking make it stress free. Storm shutters add to your security during severe weather. Fabulous ocean views make this an easy choice. Being sold fully furnished and equipped. Sip your favorite beverage while overlooking the beautiful Atlantic Ocean from your private balcony. Other features include a wet bar and inside laundry. $305,000. Unit 406 Seascape condo at 2290 Ocean Shore Blvd. in Ormond By The Sea. MLS # 430349

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

New home sales down in 2006

The US Commerce Department has reported new home sales for 2006 down 17.3% from 2005, the biggest downturn since 1990. Many builders have reduced prices and are offering incentives to help sell their homes. 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

Gemini Condo for sale in Ormond By The Sea

Gemini Condo for sale

Ormond By The Sea

unit 5F

1239 Ocean Shore Blvd

Ormond Beach Florida 32176

Direct Ocean Front Condo 2 bdrm 2 bath unit in prestigious Gemini. Secure underground parking. Oceanfront pool, fitness center, clubroom. Custom features throughout, new appliances, in unit laundry room, In unit storage room. Ceramic tile, upgraded carpets in bedrooms. Glassed in north balcony. Open south balcony. Great views of the beach! Must see

More photos are available for this and other properties at our web site www.ovrealty.com $469,000

MLS # 442782

Open House

Marion will be there every Saturday in February from 1-4 PM

Call her cell phone for building access during the open house

or to scedule an appointment for your private showing.

Marion O'Connor 386-882-8249

Ormond By The Sea Home for sale 20 Raymonde Cir. Price reduced

For Sale $209,000

20 Raymonde Circle 2 Bedroom 2 Bath within 3 tenths of a mile of the beach. 2 car garage. Approx. lot size 87X95. Over 1300 Square feet of living area on a beautiful and quiet street in Ormond By The Sea. All Appliances stay including washer and dryer. $209,000

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

Real Estate Market

WASHINGTON – Jan. 9, 2007 – With spring right around the corner, many housing industry experts are hoping the real estate market will see some noticeable improvements. However, there is one snag that can potentially keep prices down – the large number of vacant homes for sale and rent. In the third quarter of 2006, there were 5.7 million vacant housing units, accounting for a record 4.6 percent of all U.S. homes, according to the U.S. Census Bureau. The average in the 1990s was about 3.5 percent. To get this ratio back to normal, 1.3 million vacant homes need to be occupied. Lots of empty homes pushes home prices downward, says Credit Suisse analyst Ivy Zelman. Owners of unrented, unsold homes must pay for insurance, lawn service, taxes and, often, a mortgage. Seeing those costs pile up can motivate an owner to sell or rent at much lower prices. When a house sells at a lower price, other would-be buyers expect lower prices as well. Source: The Wall Street Journal, Justin Lahart (01/08/2007)

Mortgage rates

Rates on 30-year mortgages rose this week to 6.21 percent, the highest level since mid-November, after a better-than-expected employment report renewed inflation worries in financial markets. This is a good time to buy before the rates go higher. Contact Ocean View Realty Group today. 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 www.ovrealty.com

Seabridge & Seabridge North condo sales for 2 bedroom units

In the year 2000 there were 6 sales. The lowest sale price was 82,700 and the highest was 105,000. Market time was from a low of 18 days to a high of 112 days. In 2001 the 10 sales were from 84,500 (firtst floor) to 139,900 (5th floor) with 6 of the 10 sales over 100,000. Market time was from 28 to 183 days. In 2002 only one (a 1st floor) of the 15 sales was under 100,000 with the highest sale being 168,000 on the 5th floor. Market time was from 27 days to 155 days. In 2003 only one (1st floor) of the 16 sales was under $150,000. The highest sale price was $185,000. Market time was 18 to 179 days. In 2004 there was only one sale for $225,000. In 2005 two of the 13 sales were under $250,00 with the highest being $325,000. There were 6 sales over $290,000. Market time was from20 to 113 days with 5 of the sales happening in 35 days or less. 2006 had 4 sales. Market time was 137 to 278 days. Sale prices ranged from 215,000 on the first floor to 285,000 (with a garage) on the top floor. As of January 3, 2007 there are 13 2 bedroom condos for sale at Seabridge and Seabridge North. Asking prices are $229,000 (1st floor) to $349,000. Ten of the units have been for sale for more than 4 months, with 2 units being for sale over 8 months. Vacation SN 104 rental information is as www.ormonondbeachcondorentalos.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

Ormond By The Sea December 2006 Realtor sales

Daytona Beach area MLS statistics for December 2006 show 1 2 Bedroom 2 Bath condo sold from Granada Blvd. north to the flagler county line an 2 single family homes. That will not leave much for statistical analysis but it does show how really slow the real estate market has been. 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