Real Estate

Blog on real estate in Daytona Beach and surrounding areas

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What Is a Multifamily Home? A Budget-Friendly Way to Own, Rent, or Invest in Real Estate

Monday, December 12th, 2016 at 7:00am. 680 Views, 0 Comments.

Article by Lisa Kaplan Gordon

What is a multifamily home? It’s a building with more than one unit where people can live, each with their own separate kitchens, living rooms, electric bills, and so forth. Also called a multidwelling unit, or MDU, they are typically found in densely populated areas such as cities where space is at a premium. Multifamily homes can be rented, be owned, or serve as an investment property where landlords can collect rent from tenants.

There are around 4 million multifamily dwellings nationwide, compared with 90 million single-family homes. Although living in close quarters with others may not be ideal in terms of privacy or noise, people in multifamily homes generally pay less than those in single-family

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4 Foundation Fundamentals for Homebuyers

Saturday, November 12th, 2016 at 4:29pm. 258 Views, 0 Comments.

Article by Dylan Chalk

There is nothing sexy about a foundation. Nobody ever cuts their monthly mortgage check and says to themselves, “boy, that’s a lot of money but it sure is worth it to live on top of such a great foundation.”

However, it is not an understatement to say that the entire investment that is your house rests on the foundation. Choose a house with a bad foundation and you have selected a house that has bad bones. Foundation repairs are expensive and can become a home owner’s nightmare. So, understanding a few rudiments of foundations is a great place to start learning about how to look for and select a house to buy.

1. Foundation Materials

Foundations can be built from a variety of different materials. The most

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Learn more about VA loans. Florida GIR helps you to go through the process.

Wednesday, October 26th, 2016 at 1:22pm. 328 Views, 0 Comments.

Article by

Having a place to call your own—whether you’re going to be there for four years or forever—is an essential part of the American dream. The U.S. Department of Veterans Affairs offers plenty of great programs to help those who have served in the military get there, but the process isn’t foolproof. People can (and do) make mistakes buying their first home, second home, or 10th home.

You can avoid your own tale of woe (or head-banging frustration) by avoiding those mistakes before you start your home search. We asked VA-savvy Realtors® to tell us which missteps they see the most—and how you can do the whole thing correctly right from the start.

Mistake No.1: Not getting a Realtor who knows VA loans

If you’re getting

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Rising prices spur increase in new listings

Friday, September 23rd, 2016 at 7:14pm. 295 Views, 0 Comments.

It's a good time to buy and sell!

The steady increase in sales prices for existing homes sold in Volusia and Flagler counties in recent months prompted more people to put their properties on the market in August.

New property listings last month rose 12.2 percent in Volusia and 10.3 percent in Flagler, compared with August of last year, according to Realtor reports released Thursday.

Here's a look at the latest numbers in Volusia County:


August 2016: Homes Sold: 885; Median Sales Price: $172,900 

August 2015: Homes Sold: 801; Median Sales Price: $143,000


August 2016: 1,047 

August 2015: 973


Median number of days it took for homes

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5 Ways to Animate Your Child’s Bedroom with Art

Saturday, September 17th, 2016 at 1:29pm. 246 Views, 0 Comments.

Article by Rebecca Gordon

Decorating your child’s room is perhaps the most fun you can have with an interior design project. But how do you achieve the right balance between soothing safe haven and stimulating educational space? We think that artwork is the perfect way to transform a dull and lifeless room into a colorful sanctuary that’s perfect for making memories. Read on for creative tips on how to hang art in a way that’s sure to inspire your little ones day after day.

1. Get Creative with Crocodile Clips

Child's bedroom

In a nursery you can take a more playful approach to hanging your chosen artworks. Crocodile clip wall allow you to change up the art you display as your child’s tastes change and grow. Why not mix in some of their own drawings

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Mortgage Rates: Good News (For Buyers With Good Credit)

Monday, August 22nd, 2016 at 4:53pm. 197 Views, 0 Comments.

Written by Lorraine Woellert on August 18, 2016

Mortgage rates dipped this week, averaging 3.43 percent for a 30-year, fixed-rate loan, down from 3.45 percent. At this time last year, rates averaged 3.93 percent, according to Freddie Mac.


Source: Freddie Mac

Rates have held below 4 percent for 33 weeks, the second-longest run of cheap borrowing the U.S. has ever had. The record was set from March 2012 to June 2013, when the cost of a 30-year loan held below 4 percent for 65 weeks.

That’s great news — for people who can get a loan. The reality is that many borrowers can’t qualify for a home loan at all, much less get approved at rock-bottom rates, which are reserved for buyers with pristine credit and big downpayments.


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Mortgage Rates: Going Up, But Summer Home Sales Stay Hot

Saturday, July 23rd, 2016 at 12:47pm. 214 Views, 0 Comments.

Written by Lorraine Woellert on July 21, 2016

Mortgage rates rose for the second week, averaging 3.45 percent for a 30-year, fixed-rate loan, up from 3.42 percent the week before. A year ago, rates averaged 4.04 percent, according to Freddie Mac’s weekly survey.

Despite the uptick, rates have held below 4 percent since December, tying a 29-week run of cheap borrowing we had from November 2014 to June 2015.

During that sprint, the cost of a 30-year loan averaged 3.77 percent. This time, it’s held to 3.64 percent.


Source: Freddie Mac

What’s going on?

Mortgages got dramatically cheaper after Britain voted to exit the European Union last month. The Brexit brouhaha has since calmed down and Treasury bonds, which signal the

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Different types of debt can boost your credit score — but overborrowing can hurt you.

Saturday, July 16th, 2016 at 8:46am. 298 Views, 0 Comments.

Article By Virginia C. McGuire

When you’re shopping for a mortgage, your credit score is a really big deal; it can make or break your mortgage approval and ultimately determine whether you get that home for sale in Boca Raton, FL. But before you analyze your credit score, it’s important to look at how your existing debt affects that score.

Debt comes in two types: secured and unsecured. When you borrow money to buy a house, the bank can take back the house to recoup its money if you don’t pay the debt. That means the debt is secured — it’s balanced against something you want to keep and gives the bank some measure of security that it can recover the money it lent you. Unsecured debt, on the other hand, means the bank can’t reclaim what

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So You Wanna Sell Your Home? Step 8: Head to Closing

Saturday, June 18th, 2016 at 3:23am. 324 Views, 0 Comments.

Article by Angela Colley

The good news: You’re almost home free (or free of your home in this case). You’ve accepted the buyer’s offer, the negotiations are finally winding down, and there is only one more little box to check: closing.

OK, so maybe it isn’t a little thing. And maybe you’re a little worried something is still going to go wrong, but that’s why we’re here! In this eighth installment of our weekly Home-Selling Guide we will show you how to get through closing without a hitch—or barely a hitch (hey, stuff happens).

Get the repairs done

First things first: You’ve got to get those repairs done. We get it—the last thing you want to do now is work on a house you are about to sell. But if you agreed to make

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Final Step to selling a home: Move on out.

Thursday, June 9th, 2016 at 3:55pm. 300 Views, 0 Comments.

Article by Angela Colley

Well, dear home sellers, we’ve come a long way—together! From the first coat of paint you used to freshen up your house’s trim to the stress of wrangling your way to a deal, we’ve been with you every step of the way. Now you’ve made it to the final hurdle of selling a home: moving on out!

Don’t worry, this is the easy part. But, as with the previous eight steps, you want to do it right—and that’s why we’re here to help. With this final installment of our Home-Selling Guide, we’ll get you through the last leg of your journey without a hitch.

Get your timeline in order

Once the paperwork is signed at closing, the buyers will officially own the house … and you won’t. That means that,

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What Is a Multifamily Home? A Budget-Friendly Way to Own, Rent, or Invest in Real Estate

Article by Lisa Kaplan GordonWhat is a multifamily home? It’s a building with more than one unit where people can live, each with their own separate kitch...

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Happy Thanksgiving!


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4 Foundation Fundamentals for Homebuyers

Article by Dylan ChalkThere is nothing sexy about a foundation. Nobody ever cuts their monthly mortgage check and says to themselves, “boy, that’s a lot...

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