In an effort curve further contractings in US economy the Federal Reserve decided to buy up nearly $2 Trillion of non-traditional assetts while leaving key interest rates low. "Job losses, declining equity and housing wealth and tight credit conditions have weighed on consumer sentiment and spending," the Fed's monetary-policy committee said this afternoon in announcing its move. Now the Fed previously stated it planed to buy just $600 Billion in mortgage bonds, U.S. Treasury Bonds and other securities on the open market, but is now planning closer to tripple that amount at $1.75 Trillion. So, how does this affect housing? In the short run...offen these policies impact mortgage rates causing them to lower.  In this case...rates should be back a records lows.  Experts are saying this cou... 03/19/2009

A Great Time To Buy Ormond By The Sea Homes & Condos This is a great time to buy Ormond By The Sea homes and condos. The inventory of properties for sale is high giving buyers many choices in any given price range. Mortgage rates continue to be low and are very attractive. Values and prices have come down to where they were prior to the significant increases of a few years ago. All these factors make Ormond By The Sea homes and condos more affordable than in the past several years. Add to that the fact that many sellers of real estate are becoming more flexible due to the economic conditions and their inability to sell at the "peak" prices. There is also the availability of the $8,000 first time home buyer credit. Go to http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID... 03/10/2009

Madeira Villa North new condo sign   Madeira Villa North Condominium in Ormond By The Sea Florida has a beautifulnew sign. The townhouse style condo complex at 2820 Ocean Shore Blvd in Ormond Beach Florida recently installed the sign at the east end of the complex on State Road A1A. 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 03/03/2009

Ormond By The Sea Condo sales  Here is a chart I made from the Daytona Beach Area Association of Realtors MLS. The average sales price is an indicater of the recent reduction in condo values. Year Sales Lowest$ Highest$ 2/2* 2/2 average$* 2/2 Low $* 2/2 High $* Directly on the beach 2001 87 49,250 270,000 55 $106,836 66,000 160,000 21 2002 117 55,000 339,000 69 $124,644 63,000 189,900 27 2003 109 64,500 350,000 59 $149,076 92,600 190,000 44 2004 84 78,000 599,000 41 $198,227 125,000 255,000 29 2005 111 128,000 840,000 74 $263,326 137,500 335,000 23 2006 43 117,000 810,000 24 $250,954 130,000 346,000 13 2007 50 110,000 830,000 28 $218,636 110,000 300,000 16 2008 41 110,000 720,000 25 $178,396 150,000 200,000 14                       * These are on the west side of A1A 02/25/2009

I just started using Google analytics to monitor traffic data to my daytona beach real estate websites: www.ChrisThePro.com, www.VolusiaHomeHunter.com, www.OrmondHomeHunter.com, http://www.portorangehomehunter.com/, www.DaytonaHomeHunter.com and http://www.386foreclosures.com/. This is a very powerful website tool, easy to use and it's FREE. The world of technology has changed the face of real estate in Daytona Beach, real estate in Port Orange, real estate in Ormond Beach, real estate in Palm Coast, the state of Florida and all over the world.My Name is Chris Johnson and I'm a REALTOR serving the Daytona Beach, Port Orange, Ormond Beach and Palm Coast areas. If I can do it...so can you! 02/12/2009

If you recall I posted about attending court on behalf of a seller...fortunately for us...the attorney did not show..we now have submitted our short sale package...and if it gets accepted we have little to worry about.   Last week our top producer called me...she has a beautiful listing..and with an offer...but the bank gave her a hard time..and the offer was not accepted.. As she finished her story I reminded her I had gone to court for my customer..  When she heard this...her ears perked up she could not wait to hear the outcome because a date had been set for her customer and she just found out!   She warned me the seller isn't able to attend! The seller is out of the area..just started a new job...the seller isn't going to risk her employment. So our top producer went to court.....w... 02/11/2009

January 2009 Ormond By The Sea Condo Sales   Realtors sold three Condos in Ormond By The Sea in January 2009 through the Daytona Beach Area Multiple Listing Service (MLS). All 3 sales were in direct oceanfront buildings. A one bedroom at Sands Point was sold by Marion O'Connor of Ocean View Realty Group for $95,000. A studio at Aquarius Condo sold for $116,900 and a 2 bedroom, 2 bath at Seawinds sold for $257,000. There were also 3 sales in January 2008 and January 2007. If we look back to January 2005 there were 13 sales. Except for two units, all of the 2005 sales were within 2 months of listing. The shortest time for a January 2008 Condo sale was almost 6 months from listing. Ocean View Realty Group For additional information about Ormond By The Sea rental homes and condos contact De... 02/10/2009

Daytona Beach Ocean Center expansion update   The newly expanded Ocean Center in Daytona Beach Florida, Volusia County's premier convention facility, will host its first convention that will utilize the entire facility on beginning January 28, 2009. An Official grand opening will be held on February 22, 2009 from 1-5 PM. This will be a public open house featuring free refreshments and information about the facility.   For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor, Rhonda Lehnen, or Shonda Stebleton at ovforsale@aol.com Vacation rental information is on our vacation rental web site at www.OrmondBeachC... 01/04/2009

    Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!         CONTACT ALISA ROGERS  12/16/2008

Seabridge North Condo in Ormond By The Sea Florida Concrete restoration work and painting is continuing at Seabridge North Condo in Ormond By the Sea Florida. Work is expected to be completed by the middle of January, 2009. All balcony railings have been temporarily removed. Ocean View Realty Group For additional information about Ormond By The Sea rental homes and condos contact Deanna Thomas, our rental specialist ovrentals@aol.com Thinking of buying or selling an Ormond By The Sea home or condo? Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com Ormond By The Sea home and condo owners.................... picture your property here for rent by Ocean View Realty Group. Contact Ocean View today. At Ocean View one call does it all! Vacation rental i... 12/06/2008

Ormond Beach Real Estate. Houses, condos and reports by Lisa C. Hill, "THE SMART CHOICE!" If you'd like to buy or sell real estate in Ormond Beach FL, you'll be interested in this post. I recently posted the 3rd quarter 2008 real estate listings and sales for all of Volusia County, followed by the 3rd quarter real estate listings and sales data for Daytona Beach, the 3rd quarter real estate listings and sales data for Port Orange, and the 3rd quarter real estate listings and sales data for New Smyrna Beach. This post is my continuance of the 3rd quarter real estate market reports for each city in Volusia county; this one is for Ormond Beach. I've previously written many blog posts about the beautiful city of Ormond Beach. There is much history to be enjoyed in Ormond Beach. For instanc... 12/02/2008

Fortunato park is located at a very special place. The riverfront park is across the road from Ormond Heritage Condominiums, where in the times of glory Hotel Ormond was defining the skyline of Ormond Beach for more than a century. Built in 1887 by Joseph Price and John Anderson, and opened January 1, 1888 as a 75-room hotel, it was two years later bought and expanded to 400-room gorgeous Hotel, by Henry Flagler - his first hotel in Florida. The managers invited 30 wealthy sportsmen to ride their cars, a novelty at that time, on the hard packed sands on the nearby beach. That's how the race on the beach was born in 1903. Now it is called the Birthplace of Speed. Nearly half a century the race was held on the Beach until the International Speedway was built. The Birthpalce of Speed Park ... 11/30/2008

Beginnig of last week, your eye would catch more and more those old beautiful cars, that were able to survive time. They heralded the arrival of the biggest Car show in the nation, the Turkey Run As everything in life, some cars became famous and sought for, and some didn't. Some are coming with the price tag that makes you scratch your head. But what is the most fascinating, is the love towards those old gorgeous cars, that allowed them to survive and fascinate us. And what is the better place for that than Daytona's Turkey Run, - the event traditionally tied to Thanksgiving. A combination of a world-class swap meet and a 5000+ custom car show, all in one venue, all over Daytona Beach area. 2008 at International Speedway was its 35th year. A car show in Ormond Beach in Fortunato Park w... 11/30/2008

Seabridge South located in Ormond Beach, Florida is a wonderful beach community.  Here you will find homes built anywhere from the 80's to present. Close to shopping, restaurants and the "World's Most Famous Beach!"  A quaint community that has no HOA, but a well kept community with a pride of ownership.  Closely situated between the river and the ocean.  Join in the Ormond Beach Lifestyle!   Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!         CONTACT ALISA ROGERS  11/18/2008

  Madeira Villa Townhomes offers Spectacular Ocean Views. It is just steps to the beach, close to shopping, public transportation and plenty of parks and recreation.  The balconies overlook the pool area and Ormond's no drive beach. Secured parking. I love living in Ormond by the Sea. Interested in buying or selling real estate?  Contact me today! Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!         CONTACT ALISA ROGERS  11/14/2008

Ocean Watch Condominium offers Ocean Views and just steps to the beach, close to shopping, public transportation and plenty of parks and recreation.  This building is 5 stories with balcony overlooking the beach.  Secured building with nice amenities. I love living in Ormond by the Sea. Interested in buying or selling real estate?  Contact me today! Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!                       CONTACT ALISA ROGERS        11/14/2008

  Windemere Shores Condominium offers Ocean Views and just steps to the beach, close to shopping, public transportation and plenty of parks and recreation.  This building is 3 stories with patio overlooking the beach.  Secured building with underground parking. I love living in Ormond by the Sea. Interested in buying or selling real estate?  Contact me today! Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!                       CONTACT ALISA ROGERS        11/12/2008

October 2008 Ormond By The Sea Florida Condo Sales   Through the Daytona Beach Multiple Listing Service there were 3 condos that sold in Ormond By The Sea Florida in October, 2008. Sale prices range from $173,000 to $180,000. In October, 2007 only one Condo across the street from the beach sold and the price was $215,000. In October, 2006 2 bedroom, 2 bath Condo sale prices range from $220,000 to $285,000 for 3 Sales. There are currently 6 Condos with a Contract Pending sale in Ormond By The Sea, and 112 are for sale in the MLS. If all 6 close this month that would mean we have apporximately 19 months of inventory. A more likely scenario is that fewer will sell and the months of inventory would be higher, probably closer to 2 + years. Ocean View Realty Group For additional information a... 11/03/2008

Market Report for Ormond by the Sea Area Real Estate September / 2008 Total Residential Listings on the Market- 139  New Residential listings added this month-10 Under contract Residential Total -2  Number of sales this month (closed)- 8 Statistics from DAYTONA BEACH AREA ASSOCIATION OF REALTORS MLS Alisa Rogers services all of Flagler and Volusia county which includes: Oak Hill, New Smyrna Beach, Edgewater, Ponce Inlet, Port Orange, Daytona Beach, South Daytona, Daytona Beach Shores, Holly Hill, Ormond Beach, Ormond by the Sea, Flagler Beach, Palm Coast and all surrounding areas.  VIEW MLS LISTINGS NOW!       CONTACT ALISA ROGERS       10/31/2008

Ormond By The Sea Florida Real Estate Information   Ormond By The Sea Real Estate Information.   For those thinking of buying a home or condominium in Ormond Beach or Ormond By The Sea Florida. Use these convenient links to search the MLS for homes and condos and gather information about Ormond Beach and Ormond By The Sea Florida.Search the Daytona Beach area Multiple Listing Service(MLS) to find suitable properties. http://fl.living.net/idxrealtor/1067885   View homes and condos for sale on the Ocean View Realty Group web site  http://ovrealty.com/Ormond_Beach_sales.php Visit the buyers resources page of the Ocean View Realty Group web site  http://ovrealty.com/buyers__resources.html  Learn more about Ormond By The Sea Florida at the page on the Ocean View Condominium Rental Group, inc... 10/29/2008