Daytona Beach News - Port Orange Updates

Lynn Reaser will be speaking at Ocean Vistas this morning and this afternoon about the current state of the economy and its impact on real estate. Lynn Reaser is the Chief Economist at Bank Of America. She observes and studies the national, international, and regional developments in financial markets and drives the decisions for BOA's investing.


This was a great opportunity to watch Lynn speak about the local and national economy. She believes that the local real estate market will stabilize in 2008. Lynn also talked about the volatile stock market and she is predicting that it will be volatile for some time. Other financial topics included mortgage backed securities, banks and lending institutions getting back to basics, Bank Of America

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Barnes & Noble is opening shop in Port Orange in 2009. The store will be located at The Pavilion in Port Orange. The Pavilion will be an upscale shopping destination for Port Orange and Daytona Beach residents. This new commercial project is scheduled to be completed in early 2009. Other businesses that will be included at The Pavilion include, Belk Department Store, a theatre, office space, and many restaurants. This project will be located next to I-95 off of Williamson and close to the food service company.

The Pavilion updates will be added when available.

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I could not have asked for a better year professionally or personally! 2007 was amazing and I want to say thank you to all my amazing clients that trust in me to represent them with the purchase or sale of real estate. Thank you very much and 2008 will be great!

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Sometimes a deal comes around that you just don't want to pass up! This is one of those deals! If you are in the market to buy a Daytona Beach Condo, give me a call. The Essex unit at Ocean Villas is now only $643,000. That is only $200 per sq ft! The size of this unit can only be appreciated in person. There is pleny of room for family, friends and multiple guests. Ocean Villas

The Essex unit features:

  • 4 bedrooms
  • 4.5 bathrooms
  • Imported Italian Sienna Cherry Cabinetry
  • BBQ on Balcony
  • Top of the line appliances
  • His/Her bathrooms and closets
  • Wetbar in master bedroom
  • 2 parking spaces
  • Additional private storage area
  • much more

Ocean Villas Building Features:

  • 24
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villages of royal palm port orange florida retirement and second homesPort Orange, Florida, offers multiple types of homes in the Central Florida area. Recently, I have noticed an increase in the requests for townhomes in this area. Many buyers are considering townhomes as second homes and retirement homes because of the convenient lifestyle. Monthly fees cover most of the daily task that are needed to maintain the exterior of the property so you can enjoy more days at the beach, on the golf course, by the pool, or at the clubhouse with friends. Listed below are a few neighborhoods in Port Orange that have newer townhomes:

  • Villages Of Royal Palm Port Orange
  • Coquina Cove Port Orange
  • Oak Hammock Port Orange
  • Venetian Bay New Smyrna Beach (Close To Port Orange)

Townhome options span

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I' ve recently played a few golf courses in the Port Orange area. Many courses are in great shape and I have decided to note a few courses that I feel are in superior shape and ready for great play.

  • Cypress Head Golf Course - The fairways are incredible and the putting greens are almost immaculate. These greens are quick!
  • Spruce Creek Fly In Course - This course is showing much improvement since the condition of the course during the summer. The greens are great and the fairways are sharp!
  • Turnbull Bay Golf Course - I played this course during the summer and i was really disappointed. I am pleased to say that this course is now in fantastic shape and super challenging!
  • Venetian Bay Golf Course - Great shape. I had the
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Worries in the real estate market still continued to hamper the Florida market this past October.  

According to the Florida Association of Realtors, sales of existing single-family homes totaled 9165, a sharp drop off of 29 percent from one year before, October 2006, when 12,846 of these homes were sold.   

National figures show a decrease in these figures as well, albeit a much smaller decline.  In September 2007 these homes median selling price fell 4.9 percent when compared to one year ago.   

With fewer houses being sold, prices have dropped in an effort to lure buyers.  In October, Florida’s median selling price for existing single-family homes was $222,100.  One year ago this figure was at a robust $247,700, or an eight percent decrease

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venetian bay golf course in new smyrna beach floridaVenetian Bay golf course is nearing completion. Workers are hustling to complete the last finishings on the clubhouse and golf course. The course has 18 challenging holes and features elevated tees, competitive bunkers, and lots of water. The rolling greens and meticulously maintained landscaping will be attractive to all levels of golfers. You can view some golf course information here: Venetian Bay Golf Course
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Happy Holidays to all and have a safe and enjoyable New Year! 2007 was incredible and now it's time to kickoff 2008. Don't forget to update your short-term and long-term goals for the New Year!

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