Port Orange Real Estate : Port Orange Night Out Against Crime !

It is time for the Port Orange Police to host the 8th Annual  “National Night Out Against Crime”. The Block Party will be on August 7th from 6 to 8 PM at the Port Orange City Center.

This event was designed more than 29 years ago and meant to heighten drug and crime prevention by strengthening police-community partnerships. Originally, the “night out” was front porch vigils and outside lights turned on to make unwanted persons aware that they were being watched. Since its earliest renderings, it has become events throughout the United States.

Our Local Police Department has organized their event to include Canine Officers, Traffic Division, Marine Unit, Emergency Response Team, Police Volunteers, and Police Explorers.  The Port Orange Fire Department will also have their “Fire Smoke Trailer” on hand for demonstrations.

For more Information , contact : Crime Prevention Officer – Serena Besuden at 386-506-5822.

Source: http://www.port-orange.org/calendar/

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Port Orange Real Estate : Low Ball Offers are not GOOD !

Often, buyers test the market when they first start looking for a home. When the Market first started to fall and there was an explosion of Short Sales and Foreclosures, Low Ball offers made sense. There were so many homes on the market that you had the time and opportunity to make the Best Buy you could.

With the Market starting to claw its way back up, the time advantage is not there. Short Sales are closing much faster, making them much more attractive to all buyers and not just investors. Banks have started refurbishing some REO homes with paint, carpet and some appliances. The investors are starting to get pushed out of the market, and the serious buyers are stepping in.

Homes that have been priced correctly in the Market, are going under contract quickly. The contracts are coming in much closer to the asking price, often with more than one offer. Is there room to negotiate? Yes. If the seller has priced the house above the market, it will be on the market longer and the Low Ball offer will correct the difference.

Suggestions :
Buyers-
1- Make a serious offer if you are interested in a property.
2- Watch the community you are looking in and see what the other homes are going for.
3-  Be prepared, have a preapproval letter from a Lender and know what price home you can afford.
4- When a home goes on the market in your area of interest, make an appointment and go see it.
Sellers-
1- Speak to your Realtor about a fair price.
2- If you have not gotten an offer in 2 weeks, consider a Price Reduction.
3- Keep track of the sales in your neighborhood.
4- Keep track of new listings in your neighborhood.

Keep track of Homes in your neighborhood of interest by Searching by Subdivision. Or Contact Us for a daily E-mail of properties in your neighborhood. We can also E-mail a list of homes that have sold. You don't have to log-in to use Our Website, so feel free to peruse listings.

Port Orange Real Estate : Housing Market to Improve !?

In a new Semi-Annual survey of leading real estate economists and analysts, the prediction is given for an increase in the overall housing market. However, further reading of this article is not as cheery. These Analysts are making these predictions off of current economic indicators and explain that changes in the world economy could affect these predictions. They also indicate that areas hit hard by the Real Estate Collapse ( Florida, Arizona, etc.) may not have as dramatic an improvement.
The current trend locally has been one of an increasingly stable market with improvement in unemployment. Home prices have been increasing slightly, more so when not including distressed-sales. The local indicators are favorable for our economic future. This trend of market improvement should continue, though we may lag behind the national average.

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