Sherry Armstrong's Blog

Real Estate Agent - RE/MAX Property Centre
Real Estate and lifestyle for Daytona Beach and Ormond Beach areas in Volusia County, FL.
NEW YORK – Dec. 6, 2010 – McMansions are rapidly becoming the housing equivalent of harvest gold appliances as more Americans opt for smaller residential footprints, according to a consumer lifestyle survey. In the lifestyle survey, homeowners and buyers were asked to weigh in on w...
WASHINGTON – Nov. 23, 2010 – Money saved by eliminating congressional earmarks should be redirected to re-establish the Homebuyers Tax Credit for another boost in home sales, U.S. Sen. Bill Nelson (D-Fla.) said Monday. The program last spring provided an $8,000 tax credit for qualified first-time...
Almost an acre of land on the intracoastal riverfront with dock and boathouse. The panoramic views from this home are truly awesome! This 4647 sq ft home has 3 suite areas. The first suite has 2 bedrooms with a full bath and views of the river. The Master suite is on the second floor and boasts a...
 Pending home sales dropped out after two monthly increases, signaling an uneven recovery entering the year 2011 with few near term disruptions from the foreclosure moratoriuom, according to the National Association of Realtors ®. The report was published in 2010 Realtors ® Conference Expo in New...
With foreclosures a large share of property sales in some areas, appraisers continue to factor in the sale price of foreclosed properties when setting values of regular properties. Appraisers are aware the practice isn’t ideal, but in some markets they’re left with little choice because of the la...
Mortgage rates for 30 years found the lowest in decades, and prices for 15 years, the loans fell to their lowest point in nearly 20 years. Mortgage buyer Freddie Mac said Thursday the average 30-year fixed loan fell to 4.32 percent, the lowest record for the year 1971. It is up to 4.37 percent th...
October 1, 2010 - Congress has extended a policy that allows housing market expensive real estate, mortgages backed by the government to guarantee nearly $ 730,000. The legislators of the Congress voted to maintain the maximum amount of loans guaranteed by Fannie Mae and Freddie Mac and the Feder...
A number of factors have contributed to the decline in home sales nationally and in Florida in particular, but the growing importance of foreign buyers has offset some of the damage. About two of three real estate agents of the state had at least one international operation in the last year. Whil...
TALLAHASSEE, Fla. – Sept. 8, 2010 – Citizens Property Insurance Corp. asked state regulators Tuesday for a premium increase, in part because sinkhole costs are swallowing up more and more of the company’s money. The company is asking for premium increases averaging 10.9 percent in 2011 for its ri...
WASHINGTON – Sept. 8, 2010 – In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development (HUD) now provides a new refinancing option for underwater borrowers. Originally announced in March, the e...

Sherry Armstrong

Daytona Beach FL real estate
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