Volusia County Florida Housing Market

Volusia County Florida Housing Market Housing starts in Volusia County, Florida averaged over 4,000 per year from 1999 to 2000. Starts for this year are expected to be around 2500 and possibley hit 3,000 in 2008. The record year was 2005 with 6453.If growth continues at the current level we would need 3600 starts to keep up according to Rick Michael, Director of the Volusia County Dept. of Economic Development. Less starts would mean that the exhisting home market would need to fill the gap. We certainly have a robust inventory of homes for sale to serve the purpose.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/

September 2007 Ormond By The Sea condo market

September 2007 Ormond By The Sea condo market Please note that the statistics I quote in these Ormond By The Sea condo market update articles are taken from the Daytona Beach Area MLS.Four condos sold in September 2007 and that compares favorably to 4 sales in 2006 and 6 sales in 2005. Only one of the 2007 sales was a 2 bedroom 2 bath across A1A from the beach and it sold for $215,000 which appears to be in the range with the past couple of months ($208,000 in July and $212,000 in August). Activity has continued at a relatively stable pace as far as potential buyers "looking" and inquiring about condos for sale. Some potential buyers may have been waiting to see if there would be a problem with hurricanes, and there was not, or if prices would go lower, and they have not. Adding low interest rates to the mix makes this a good time to buy.There are 130 condos for sale in Ormond By The Sea, of which 101 are 2 bedroom 2 bath and 79 are across A1A from the beach. Asking prices range from $183,000 at Kingston Shores to $374,000 at Sunrise. Ocean View condos (non townhouse) prices begin at $215,000. There are 42 condos (2 bedroom 2 bath) priced at $250,000 or less and 20 priced at $290,000 or more. An additional 13 condos were withdrawn from the market or had a listing contract expire in Ormond By The Sea in September 2007.For information about Ormond Beach and Ormond By The Sea homes and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 Group1350 Ocean Shore Blvd. Suite A Ormond Beach, Fl 32176 386-441-8245Fax 386-441-2407 Toll free USA & Canada 1-800-356-3409 Vacation rental information is at http://www.ormondbeachcondorentals.com/

Regency Plaza Condo sold in Ormond By The Sea

Ocean View Realty recently sold unit 501 at Regency Plaza Condo in Ormond By The Sea. 501 is a direct ocean front 2 Bedroom 2 bath unit in good condition and sold for $380,000. 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 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 www.ormondbeachcondorentals.com Ormondy Condo vacation rental information is at www.OrmondyCondo.com Seawinds Penthouse vacation rental information is at www.SeawindsPenthouse.com

August 2007 Ormond By The Sea condo sales

Eight Ormond By The Sea condos sold in August 2007 which is more than the 3 last year in August but less than the 10 in August 2005. If we again look at just the 2/2 condos west of A1A, that accounts for 6 of the 8 sales and the average price is $212,483. However, there was one sale at $275,000 for an average of $199,980. The average in August 2005 was $291,000 and the average in August 2006 was $210,000. There are currently 134 condos for sale in Ormond By The Sea. An additional 17 listings have expired or were withdrawn from the MLS in August. Many more potential buyers are looking now that the prices have come down to a more affordable level. If this trend continues, I believe it will tend to stabilize prices and values at the current level. More aggressive buyer activity would be required to force prices and values to begin escalating again. 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 Condo 303 in Ormond By The Sea price reduced to $215,000

Seascape Condo 303 in Ormond By The Sea price reduced to $215,000. This 2 Bedroom condo is on the third floor and features upgraded cabinets in the kitchen and master bath. he spacious layout features a wet bar and balcony access from the master bedroom and living room. $215,000

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 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 406 in Ormond By The Sea Florida price reduced to $250,000

Seascape Condo 406 price reduced to $250,000. Fabulous Ocean views, spacious 2 bedroom condo, beautifully furnished and equipped including pots, pans, dishes, linens, etc. Storm shutters and underground parking. $250,000. 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 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/

37 Margaret Rd. for lease in Ormond By The Sea

37 Margaret Beautifully remodeled 2 bedroom 1 bath Bungalow with a single car garage and Washer/Dryer hookups. The wood panel Florida Room could be a dining room or family room. 4 ceiling fans and central heat and air for your year round comfort. Tenant pas all utilities, landlord cuts the grass. $925 monthly for a year lease.

For information on this and other Ormond Beach and Ormond by the Sea rental homes and condos contact Deanna Thomas at ovrentals@aol.com. Deanna is our reservation and Customer Service Specialist. Ocean View Condominium Rental Group, Inc. 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://www.ovrealty.com/ 1-800-356-3409 Toll free USA & Canada 1-386-441-8245 Local Phone 1-386-441-2407 Fax More Ormond by the Sea rental information is also at our rental web site at http://www.ormondbeachcondorentals.com/. For buying or selling Ormond by the Sea real estate contact our Realtor Marion O’Connor at ovforsale@aol.com

54 Oceanshore Dr. for lease in Ormond By The Sea

54 Oceanshore Dr. Unfurnished. 2 bedroom 1 bath with a carport, fenced back yard and utility room with hook-ups for laundry. Central heat and air and 4 ceiling fans. All freshly painted and ceramic tile throughout including the Florida Room. The remodeled kitchen features wood cabinets. The bathroom has been totally updated and is beautiful. $700 monthly for a year lease. Tenant pays all utilities, Landlord maintains the lawn. For information on this and other Ormond Beach and Ormond by the Sea rental homes and condos contact Deanna Thomas at ovrentals@aol.com. Deanna is our reservation and Customer Service Specialist. Ocean View Condominium Rental Group, Inc. 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://www.ovrealty.com/ 1-800-356-3409 Toll free USA & Canada 1-386-441-8245 Local Phone 1-386-441-2407 Fax More Ormond by the Sea rental information is also at our rental web site at http://www.ormondbeachcondorentals.com/. For buying or selling Ormond by the Sea real estate contact our Realtor Marion O’Connor at ovforsale@aol.com

Fairwind Shores Condo for lease in Ormond By The Sea

Fairwind Shores unit 201-A is on the second floor at the south end of the building and has a balcony facing the ocean. Balcony access is from the living room and master bedroom. Each bedroom has a ceiling fan and closets with mirrored sliding doors. The master bath has an additional sink in the dressing area. Fresh paint was applied to all interior walls in June 2007. There is a utility room with full size washer and dryer. This two building complex was built in 1981. All units face toward the ocean and are 2 bedroom/2 bath. Approximately 1200 sq.ft. There is underground parking, tennis and a pool. Minimum rental is monthly. Inside utility room with washer and dryer. Available for annual lease at $850 monthly. Rent includes water, sewer, pest control and basic cable. Tenant pays electricity and phone.

For information on this and other Ormond Beach and Ormond by the Sea rental homes and condos contact Deanna Thomas at ovrentals@aol.com. Deanna is our reservation and Customer Service Specialist. Ocean View Condominium Rental Group, Inc. 1350 Ocean Shore Blvd. Suite A Ormond Beach, FL 32176 http://www.ovrealty.com/ 1-800-356-3409 Toll free USA & Canada 1-386-441-8245 Local Phone 1-386-441-2407 Fax More Ormond by the Sea rental information is also at our rental web site at http://www.ormondbeachcondorentals.com/. For buying or selling Ormond by the Sea real estate contact our Realtor Marion O’Connor at ovforsale@aol.com

Regency Plaza Condo 709 for lease in ormond By The Sea Florida

Regency Plaza Condo 709 in Ormond By The Sea is available for a year lease unfurnished $1100 monthly. 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.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. This unit is also for sale $250,000. MLS # 454376 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/ Ormondy Condo vacation rental information is at http://www.ormondycondo.com/ Seawinds Penthouse vacation rental information is at http://www.seawindspenthouse.com/