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Interest Rates Remain Stable And Home Sales Continue To Increase Despite Low Inventory.

By: Allen Thompson, Broker & Realtor Home sales continue to increase in West Volusia in spite of declining inventory levels. Low mortgage rates remain stable amidst the strong housing market. According to Freddie Mac, for the week ending September 3, 2020, the average 30-year fixed rate mortgage was at 2.93%, up just slightly from 2.91% […]

Deltona Market Report

The number of available homes for has increased over 12% from a year ago and the number of sales has only increased 3.6%. While buyers still find it challenging to locate homes, we do see that the market is quickly stabilizing. The average sales price is up just over 9%.  Prices are still on the [...]

New Construction in Deltona Sees Dramatic Changes From 2017 to 2018.

Let’s look at the Deltona New Home Market for 2018. Data discussed below is gathered from the City of Deltona Construction Services Division, Bureau of Economic and Business Research Department at the University of Florida, and MyFlorida Regional Multiple Listing Services. New construction is on the rise, introducing a plethora of new inventory to the […]