Mortgage rates update 5-11-2007

MORTGAGE RATES For the third week out of the past four, rates on 30-year mortgages edged lower to an average of 6.15 percent, reflecting further evidence that slower economic growth will help keep inflation in check, according to Freddie Mac’s weekly nationwide survey. For additional information about Ormond By The Sea Real Estate contact 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 Vacation rental information is available at http://www.ormondbeachcondorentals.com/

Tips for showcasing your home for sale

Copied from Florida Realtor Magazine, May 2007 page 37 Tips for Showcasing Rooms General -Clean the house. For buyers, dirt is the biggest turnoff. -Remove the clutter to open up the rooms. -Use paint to transform the walls; neutral shades are better than bright colors. -Depersonalize the home by removing family pictures, children’s drawings and owners’ collections. -Use the garage or carport for storing boxes, or rent a storage locker on a short-term basis. Exterior -Tidy the landscaping, removing dead leaves, branches and plants and pruning back overgrown shrubbery. -Plant colorful annuals in containers near the front entrance. -Update the front yard and porch lights. Living areas -Entryways should be as open and inviting as possible. -Remove extra rugs and extra items from an entry table if there is one. -Move personal effects to an inconspicuous location. -Remove heavy window treatments to make the rooms look brighter and more airy. -Take extra leaves out of the dining table to make the room seem larger. -Remove tablecloths and polish the tabletop. -Set the table with two place settings of good china. -Leave a few pieces of art on the walls at eye level. Kitchen -Put the toaster oven, microwave or coffeemaker in the pantry to clear the countertops. -Clear the clutter from the pantry. Make it look as large as possible by clearing out nonfood items and grouping similar items. -Take down all personal photos, reminders and kids’ artwork from the refrigerator. -Clean the front of all cabinets. For wood, use lemon oil. -When the counters are clear, make them shine. Bedrooms -Remove excess furniture to add “space” to the room. -Put a new comforter on the bed. -Display pillows on the bed in soothing colors. Bathrooms -Remove as many personal items from view as possible. -If necessary, buy a set of coordinating towels for display. -If the bathroom color scheme is bright, use neutral towels to tone it down. -Cleanliness is crucial—shower doors, faucets and knobs should shine. -Keep the toilet lid down and hide the wastebasket. -Remove extra area rugs to make the space look larger and cleaner. Patios ana porches -Repair any damaged flooring and pressure wash the entire patio. -Add a seating area, if necessary, to indicate an attractive outdoor lifestyle. -If the view is less than desirable, add potted palms and/or hanging plants to provide a natural “curtain.” For additional information about Ormond By The Sea Real Estate contact 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 Vacation rental information is available at http://www.ormondbeachcondorentals.com/

How to sell your property

A property needs to be priced right and look its best to attract a buyer especially in a buyers market where there are lots of properties available. Begin by fixing whatever is not working right, getting clutter out of sight, and cleaning every inch of the place. This may be a good time to consider painting and replacing old and worn flooring. Do your best to make it show like a model beginning with the yard and the front door. Buyers will see your "stuff" rather than the size of rooms and are generally turned away by properties that are not very well maintained, clean, and free of clutter and excess furniture. An alternative to fixing up your property to get it ready to sell would be a significant reduction in your asking price making it well below its current value. This gives buyers the ability to buy and fix up the property without spending more than the value. Pricing a property right is the most important step. For additional information about Ormond By The Sea Real Estate contact 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 Vacation rental information is available at http://www.ormondbeachcondorentals.com/

30-year mortgage rates hold steady

Rates on 30-year mortgages held steady this week near their low point for the year, reflecting the slowdown in economic growth.Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.16 percent nationwide this week, unchanged from last week. That level is near the low for the year of 6.14 percent for 30-year mortgages in early March. A year ago, rates on 30-year mortgages stood at 6.59 percent. For information about Ormond By The Sea real estate contact 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 Watch March 2007

The National Association of Realtors recently reported that sales of existing homes was down 8.4% in March, the biggest decline since 1989. The national median price dropped to $217,000. According to the Florida Association of Realtors, the median price of an existing home in Volusia & Flagler counties was $199,600. The highest was May 2006 at $231,500. The number of sales was down 24% compared to March 2006. Many sellers are lowering prices to try to sell, which is a realistic attempt to adjust to current real estate market conditions. 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/

Seascape Condo 303 for Sale reduced to $288,000

Seascape Condo for Sale reduced to $288,000. Unit 303 Seascape is a beautiful 3rd floor unit in much sought after Seascape Condominium. The condo must be seen to be fully appreciated. Come look at this condo and if you like what you see make us an offer!! $288,000 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. MLS # 424638 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 Home for Sale.....price reduced to $225,900

29 Wisteria Dr.2 Bedroom, 2 Bath Well maintained home in beautiful Ormond by the Sea. Could make the family room a 3rd bedroom. Laundry in the 2 car garage. Quiet area within walking distance to the beach. Screened porch with kitchen window pass through for easy outdoor dining. MLS # 446424 Price Reduced to $225,900 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/

Direct Oceanfront Regency Plaza Condo for sale

Regency Plaza #501 Fresh paint greets you as you enter this beautiful condo unit with fabulous ocean views from every room! Your balcony faces the ocean and there are windows on the north wall of the living room and dining room. The balcony is about 30 feet long and has access from the living room and both bedrooms. This spacious unit has lots of closets space and a remodeled kitchen with lots of closet space and a remodeled kitchen with lots of cabinets, refrigerator with icemaker and a lighted dome ceiling. Ceiling fans in the living room., kitchen and both bedrooms. The master suite features a king size bed and his & her closest and a make-up table. Being sold furnished.

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 for sale in Ormond By The sea

Just listed and new to the market

Sunny Beach Club Condo for sale and priced to sell at $229,000 Great ocean view from this 2nd floor unit in popular Suny Beach Club. Well maintained unit is being sold furnished in move in condition, ready for weekly rentals, new appliances and A/C only 3yrs old. Sunny Beach Club Condominium in Ormond-By-The-Sea. Sit on your balcony and watch the beautiful Atlantic Ocean sunrise. Sunny Beach Club Unit #203 is 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. Stack washer and dryer in the unit. All electric modern kitchen includes dishwasher and Garbage disposal. Fully furnished and well equipped to help you enjoy. MLS#454344 $229,000. Contact Realtor Marion O'Connor today for additional information and your private showing.

1-800-356-3409. 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/

Regency Plaza condo for sale in Ormond By The Sea

Just listed.........Regency Plaza 2 Bedroom 2 Bath Condo for sale $295,000 Ocean Front Condo with limited views of the beach, Ocean front pool, secure building with on site manager, underground parking, amenities room, library, exercise room, sauna, pwerfect unit for vacation or retirement home. Regency Plaza in Ormond by the Sea is a direct oceanfront high rise built in 1975. Minimum rental is 2 months.OCEAN VIEW....This two bedroom two bath shows like a model(partially furnished).Ready to move in or rent out for investment. Condo recently had new windows and sliding glass door, along with concrete restoration to outside of building.Insstalled upgrades to the building also includes electronic alarm system and computer controlled elelvators. Amenities include:Directly on the No-Drive Beach, Swimming Pool,Sauna,Exercise Room,Game Room,Library,Social Room, Picnic/BBQ Area,Shuffleboard and Underground Parking space for this unit. All this Plus on site Manager. MLS# 454376 $295,000 Lowest priced 2 bedroom condo unit in the building. 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/