For the first time since 2012, the appreciation value of real estate in Ormond and Daytona Beach has declined. Here is why: 📉 1. Interest Rate Pressure The Federal Reserve maintained higher interest rates through late 2024 into early 2025 to fight inflation. This led to higher mortgage rates, reducing affordability for buyers and slowing down demand. Fewer qualified buyers = slower price growth or even slight declines in appreciation. 🏘️ 2. Post-Pandemic Correction The market experienced aggressive appreciation from 2020 to 2022, driven by low interest rates and pandemic-era migration. 2023 and 2024 began a moderation trend, and Q1 2025 is a continuation of that correction, especially as more listings come on the market and buyers become more cautious. 📆 3. Seasonal Effects Q1 is typically a slower quarter for real estate in Florida despite mild winters. Many buyers wait for spring and summer to make moves, so appreciation trends often lag in Q1 and pick up later in the year. 🏗️ 4. Increased Inventory Builders in areas such as Palm Coast, Ormond, and Daytona Beach have ramped up construction, creating a greater supply. When inventory outpaces buyer activity, price growth flattens or slows. 🌴 5. Shifting Buyer Priorities Some pandemic-era transplants are re-evaluating moves, especially retirees concerned about insurance costs and climate-related risks (hurricanes, flood zones). Rising property insurance premiums in Florida are deterring some buyers, which in turn affects demand and price growth. 📊 6. National Economic Uncertainty Continued economic uncertainty (layoffs in tech and finance sectors, cost of living pressures) has made some buyers pause major purchases. Florida’s coastal markets, while still desirable, are not immune to broader trends in buyer hesitation.

If you're house hunting in Florida, you've probably seen listings mention concrete block  or wood frame  construction — but what does that really mean for YOU as a buyer? Here’s a quick breakdown: ✅ Concrete Block (CBS): Stronger in hurricanes More resistant to moisture and termites Lower insurance in many areas Longer-lasting with less maintenance 🔨 Wood Frame: Often more affordable to build Great for custom or detailed designs Can be easier to insulate (but needs more maintenance) May be more vulnerable to pests and weather if not maintained 💡 Pro tip:  In Florida’s heat and hurricane zones, many buyers prefer CBS for peace of mind and lower long-term costs—but a well-maintained wood frame home can still be a great option too! Thinking about buying in Florida and not sure which construction type is right for you? Let’s chat! I can help you find the perfect home that fits your needs, your budget, and our unique climate. 🌞🏠 📲 Send me a message or comment below to get started! #FloridaRealEstate #NewConstructionHomes #ConcreteBlockHomes #WoodFrameConstruction #HomeConstructionFlorida #RealEstateTips #BuildingMaterials #HomeBuyingTips #ConstructionComparison #HurricaneResistantHomes #PalmCoastHomes #OrmondBeachRealEstate #DaytonaBeachHomes #ShellRealtyLLC #MichelleCecchiniRealtor #RealEstateAdvice #HomeBuyersGuide #FloridaLiving #SmartHomeBuying #BuildSmart

🌴 New Price Alert: Affordable Florida Living at 944 Essex Road, Daytona Beach 🏡 If you’ve been dreaming of an affordable slice of the Florida lifestyle, this new listing might just be the opportunity you’ve been waiting for. Nestled in the heart of Daytona Beach, 944 Essex Road  offers the perfect blend of comfort, convenience, and low-maintenance living—all at a price that makes sense. Whether you're a first-time homebuyer, savvy investor, or someone looking to downsize without compromise, this charming 3-bedroom, 2-bathroom home deserves a spot at the top of your list. 🛏️ Property Overview: Smart Living, Coastal Style This move-in-ready residence features: 3 spacious bedrooms 2 full bathrooms 1000 square feet  of comfortable interior living space Screened-in porch  perfect for breezy evenings and casual entertaining One-car garage  offering storage and protection from the elements Located in a quiet neighborhood, 944 Essex Road offers the ideal balance of privacy and proximity—placing you just minutes from all the action that makes Daytona Beach a premier destination. 🏖️ Location, Lifestyle, and Local Highlights Location matters—and this one checks all the boxes. Just a short drive from: Daytona International Speedway  – Experience the thrill of world-famous NASCAR events and year-round excitement Tanger Outlets Daytona Beach  – Shop top brands and enjoy exceptional dining options just minutes from home Daytona Lagoon Water Park  – A local favorite for family fun and entertainment The Beach!  – Miles of sun-soaked Atlantic shoreline just a quick ride away 944 Essex Road is also surrounded by local dining, grocery stores, medical facilities, and entertainment hubs, making it easy to enjoy the best of what Daytona Beach has to offer without the hassle. 🌟 Key Features That Make This Home Special It’s not just about square footage—it’s about smart space, value, and a lifestyle that supports your goals. Here’s why buyers are excited about this home: ✅  Low-maintenance brick and block construction ✅  Functional floor plan  offering flexibility for families, remote workers, or retirees ✅  No HOA  – Enjoy freedom from monthly dues and restrictive covenants ✅  Move-in ready  or upgrade at your own pace ✅  Screened-in back porch  – ideal for morning coffee or evening relaxation ✅  Affordable insurance and taxes  relative to the area Whether you're looking to settle down or invest in a long-term rental property, this listing delivers serious value in a market that continues to attract new residents and investors alike. 💼 A Smart Buy in a High-Growth Market Daytona Beach remains one of the most sought-after markets in Central Florida—offering strong appreciation potential and lifestyle perks that appeal to a wide range of buyers. With rising rents and limited inventory in the affordable segment, homes like this are becoming increasingly rare. This home is not only an excellent place to live—it’s also a strategic asset  in a vibrant real estate market. Whether you hold it as a primary residence, seasonal escape, or long-term rental, it’s a solid investment in your future. 📸 Take a Tour—In Person or Virtually Pictures are great, but this is a home that needs to be experienced in person. Step inside and imagine your life here—fresh ocean air, sunny days, and everything Daytona Beach has to offer right at your fingertips. 📞 Schedule Your Private Showing Today Don’t wait—homes in this price point and location are moving quickly. 📲  To schedule a private tour or request additional photos and information, contact Michelle Cecchini today. Let’s get you inside 944 Essex Road and help you make it yours before someone else does. 🔗 Call/Text:386.717.8005 📧 Email: ShellRealtyBroker@gmail.com 🌐  www.ShellRealtyBroker@gmail.com 🚀 Let’s Get Social If you know someone who’s been looking for an affordable home in Daytona Beach, share this post! Let’s help more buyers find their perfect fit in Florida’s most exciting coastal city. Offered at $190,000. #DaytonaBeachRealEstate #FloridaHomesForSale #NewListing #FirstTimeBuyer #RealEstateInvestment #DaytonaBeachLiving #MichelleCecchiniRealtor #AffordableLiving #CoastalLifestyle #JustListed #RealtorLife #MichelleSellsFlorida

Teamwork makes the dream work...from the owners' willingness to properly prepare the condo to professional photos, virtual staging, floor plans, and high-end marketing, to SOLD.

So thankful to get this monkey off my seller's back. Hurricane Milton unfortunately flooded the home, and the traditional sale was not acceptable to the market. Three contracts later, we were able to close! Thank you to the seller for his patience and attention to the details required to make this happen.

MONTHLY MARKET TRENDS ~ Ormond Beach, FL Our data, just released for May, shows that the months of inventory decreased, the list-to-sold price increased, and the median sales price is variable. Ormond Beach can be characterized as both a buyer's market and a balanced market, depending on the location and type of property. If you want to win in this market as a buyer or seller, partner with me and let the game begin.

It has been a pleasure to work with the Sellers for so many years, buying and selling condominiums at Daytona Beach Club. Hurricane damage, assessments, and insurance increases kept all sales in the building at bay. We broke the barrier and now have the first unit sold in 16 months in that building. A sign that things are looking up in the Condominium world. We were fortunate enough to work with the buyers as well. Thank you, Susan, Christina, and Nancy at Lighthouse Title, for another well-done closing.

Beautifully remodeled two-bedroom, one bath condo in the Riverside Condominiums on the Halifax River in Daytona Beach. New carpeting in the bedrooms, new vinyl flooring throughout, fresh paint, new blinds, and appliances. Rent includes cable, water, and pest control. Convenience stores at Bellair Plaza include grocery stores, pharmacies, restaurants, and clothing stores, to name a few. Walking distance to the World's Most Famous Beach, Daytona Beach. Riverside Association has its own application process. The owner requires a first month's rent, a last month's rent, and a security deposit. No pets allowed. A reserved parking spot is close to the entrance.

Build Your Dream Duplex in Palm Coast, FL! This prime piece of vacant land, located in beautiful Palm Coast, Florida, is ready for your next investment project. Zoned for a duplex, this lot offers endless possibilities for creating income-generating rental property or a multi-family home for extended family. Palm Coast's desirable location provides easy access to stunning beaches, world-class golf courses, and a variety of shopping and dining options. Don't miss this incredible opportunity to build your dream duplex in a sought-after location!

Welcome to your charming Daytona Beach home! This 3-bedroom, 2-bathroom residence offers 1000 sq ft of comfortable living space, perfect for those seeking a low-maintenance Florida lifestyle. Featuring a convenient one-car garage and screened in porch. 944 Essex Road provides easy access to the Daytona International Speedway, Daytona Lagoon, Tanger Outlet, the beach, dining, and entertainment options. Enjoy the vibrant atmosphere of this coastal city. Don't miss out on this great opportunity! Schedule your showing today.

"I've learned that people will forget what you said, forget what you did, but never forget how you made them feel." I 💗 working with friendly people. A new snowbird condo for a Vermont couple that one day will be their primary home. We work with many people moving from the northern states to sunny Florida.🌴

Waterfront Living Awaits! Canalfront Home in Ormond Beach. Welcome to 400 Palm Avenue, where coastal elegance meets effortless comfort. The main house features two bedrooms and two bathrooms, while the mother-in-law suite comprises two rooms, a bathroom, and a mini kitchen. This canalfront home is a dream for those who love waterfront living. Step inside to an inviting open floor plan, thoughtfully designed to maximize space and natural light. The kitchen flows seamlessly into the living and dining areas—perfect for entertaining or simply enjoying the serene water views. Outside, enjoy lush landscaping and ample space for outdoor gatherings. Whether you're boating, fishing, or just relaxing by the water, this home embodies the best of Florida. Short Sale ~ Offered at $410,000 See more photos here: https://www.flexmls.com/share/CIIQr/400-Palm-Avenue-Ormond-Beach-FL-32174