Posts in category 'Local Market Trends'

If you've been keeping an eye on Ponce Inlet real estate, you may have heard the phrase "buyer's market" tossed around lately. It's true—and it's good news if you're thinking about making a move here. But "buyer's market" can feel like industry shorthand that doesn't really tell you what to do with the information.

So let's slow down and translate. Two numbers are doing most of the talking right now on the peninsula: roughly eight months of inventory and around 95 days on market. Once you understand what those actually mean, you'll see why buyers have more room to negotiate today than they've had in years—and how to use it.

First, what is "months of supply"?...

Click Here to Read More...

The lighthouse beam is sweeping over warmer evenings, the surf shops are restocking, and the parking lot at Lighthouse Point Park is starting to fill up by mid-morning. Summer is just around the corner on our stretch of the central Atlantic coast, and with it comes one of the most interesting windows we've seen in the Ponce Inlet real estate market in years.

Whether you've been watching listings from a snowy state up north, weighing whether to put your beach cottage on the market, or just curious where things stand in our little peninsula between the Halifax River and the Atlantic, here's what we're seeing right now — and why the next few weeks matter.

Where the Market Stands Right Now

Click Here to Read More...

Market Snapshot:

• 77 avg. days on market in Volusia County (up from 59 two years ago)
• 8–9% below asking price — Ponce Inlet average sale
• 6% range — 30-year fixed mortgage rate

  or the past three years, buying a home in Volusia County felt like participating in a contact sport. Multiple offers. Waived inspections. Bids $20,000 over asking — sight unseen. If you were a buyer, the market simply wasn't on your side.

  That...

Click Here to Read More...

Click Here to Read More...