Lynn Byrne
386-566-7503
Port Orange Homes for Sale
It’s all about where you live. Port orange is all about living in the Florida sun on the Atlantic coast. Port Orange Homes for sale provides you with the information you need to make the best decision about living in this wonderful community.
What do you want to know more about?
If you want to search, please go to my search site – Search Port Orange Homes for Sale. You can also learn more about Port Orange Communities there.
I’m Lynn Byrne and I’ve been selling Port Orange real estate for 14 years. That’s not really important to most people, but here’s what is:
You don’t want to be hassled. We set up search on our sites so you don’t need to register. You can search forever without contacting me. When you’re ready, we there and that’s why…
You deserve service. We do things that used to be expected, but seem to be rare these days – we answer our phones, we return our messages, and when we say we’ll find out and get back to you, we do.
You deserve experise. We don’t do anything else. We don’t have any other jobs. We are full time real estate agents. When short sales became important to our sellers and buyers, we went and got certified in short selling. I work with my son David, who has 8 years experience in the area. We have a few other trusted agent who we work with so that you always have service when you need it. Expertise and service is why we are here for you.
Call us when you’re ready. We are happy to talk about the market and the area. We won’t pressure you, we will help you. Please call Lynn at 386-566-7503 or David at 386-566-4169.
Port Orange YMCA Looks to Expand
Port Orange YMCA Begins Looking at Expansion
I just saw an article by my friend Ray Weiss at the Daytona Beach News Journal about the Port Orange YMCA. Check out Ray’s article here –> Port Orange Y looking to expand, move.
The YMCA is located in the Port Orange City Center which is a hub of community activity in Port Orange. There’s the YMCA, city offices, ball fields, an amphitheater and lots of sidewalks. It’s great for a nice walk or bike ride. What struck me about the “Y” is that it serves over 8,000 people. They must be doing something right. They’re in the beginning of the expansion or move process, so there’s nothing definite yet.
It obvious that the YMCA is a big part of the community in Port Orange. We were in Port Orange Sunday for breakfast when I remarked to my husband about how nice it is in Port Orange and good a job they’ve done with the appearance of the community. He said that part of the reason is that much of Port Orange is new. They expanded to the west with new building. Much of Daytona Beach and Ormond Beach was developed long ago and was not planned and zoned like Port Orange. Whatever the reason, the area has a much different feel to it that other local communities.
I sell homes in Port Orange, but I like being able to provide community information beyond just homes for sale. Feel free to give me a call to discuss the community or your needs.
Port Orange YMCA Contact Information:
Location: 4701 City Center Parkway Port Orange, FL 32129
Telephone: (386) 760-9622
Website: Port Orange YMCA including hours of operation
Palmer College of Chiropractic Expands in Port Orange
Port Orange College Expands
The Palmer College of Chiropractic has expanded with a new 14,000 square foot building in Port Orange, Florida. The expansion is to provide improved and new services for the college’s 750 students.
I have several calls a year from parents and students looking to buy a home while the student is attending the college. Many parents look at the purchase of a property as a rental opportunity for their student to manage the property and find suitable student renters.
There’s no lack of homes for sale in Port Orange that meet the criteria of people looking for a home for students at Palmer, Daytona State or Embry-Riddle. Call me to talk about what’s available at 386-566-7503 or click to check out homes for sale in Port Orange.
Port Orange Foreclosures Down
Port Orange foreclosures are down based on a story reported in the Daytona Beach New Journal this morning. Tom Knox, reports:
Foreclosure activity dropped almost 72 percent in Volusia County in August and 26 percent in Flagler compared to the same month a year ago.
He goes on to say:
Compared with July, Volusia County had a 22 percent decline in foreclosure activity last month, while Flagler County had an increase of 60 percent.
This obviously good news for stabilizing the markets in Port Orange and Daytona Beach, but let’s not get carried away. There are still 3440 homes and condos listed for sale in the Daytona Beach MLS, 431 of those are condos and homes for sale in Port Orange. However, only 19 of those are coded as foreclosures in the MLS. When we add in short sales, we see the number jump to 93.
Let’s analyze what’s being said and what we’re seeing. Foreclosures are down, but there only 4.4% of homes and condos available for sale. There are 74 potential short sales. That’s almost 4 times the number of foreclosures listed. Short sales are 17.2% of all Port Orange homes listed. Combined distressed properties account for 21.6% of the market, yet account for a much higher percentage of the local sales.
My sales are nearly all short sales with a few bank owned or foreclosed properties in the mix. I don’t have the exact numbers, but I’m out there selling every day and I believe distressed properties account for more than half of all sales. I believe the number is close to 60%. What that means is that in a town like Port Orange, with 431 properties listed only 40-50% of the non-distressed properties can compete with short sale and bank owned (REO) properties.
What You Need to Know
Foreclosures has decreased, but distressed properties are still available in the form of short sales and a limited number of foreclosed properties that the banks have released to market.
It is far less expensive for banks to go the short sale route than to pay the full expense of foreclosure.
Most sales in the Port Orange and Daytona Beach areas are short sales or foreclosures, with short sales ahead by a lot; about 4 times.
Fewer distressed properties will be available as time goes on, but there are still plenty of good values on the market.
What’s Next?
Check out the Port Orange properties for sale by clicking on the following links:
See the News Journal Article for more on the Tom Knox article.
Home Buying in the Current Port Orange Market
Buying a home used to be a whole lot easier. Dealing with the banks was always a nuisance, but the actual process of finding a home, making and offer and coming to an agreement was fairly comfortable.
It’s much more difficult to buy a home today because of market disruption. Foreclosures and short sales are dominating a lot of markets and buying distressed properties is more difficult than traditional seller owned transactions.
Buyers these days have three principal options. One, buying from the owner. Two, buying a real estate owned (REO) foreclosed property from a bank or lender. Three, going the short sale route, where the lender agrees to accept less than the current mortgage value for the home.
If we take a look at Port Orange homes, many are short sale or REO (bank owned foreclosed properties). Greater than 1/2 of the house sales in Port Orange are distressed properties, meaning they are short sales or REO sales. People buying in this area are willing to struggle through the more demanding process of purchasing a distressed property.
The distressed properties require more work by the lender. Negotiation is often required as well. Foreclosed REO deals are normally not as arduous, but short sales can require a lengthy time. In some cases it takes months to get an answer from a lender.
If you are planning to acquire a home by using a mortgage, you need to get pre-qualified for the loan. That means that you contact a lender and provide them adequate information to convince them to give you a letter saying that you are pre-qualified for up to a certain dollar amount. When make an offer for a short sale or REO property, unless you will be paying cash, you will need to have your financing in place when making the offer. Unless you are paying cash, you’re offer will be rejected without proof of financing.
The processes for short sales and foreclosed homes are not the same. In the case of short sales, you will submit an offer to the bank holding the loan on the property. The bank will process the submitted “package” and eventually get back to you with acceptance or a counter offer. You may go several rounds, or you may walk away. Once you agree and sign the contract, the sale processes pretty much like a conventional sale.
With a bank owned foreclosed home, the process is not the same as a short sale. The lender will offer the home for sale using a real estate agent. That may seem like a normal sale, but it’s not. Often, the home or condo is priced to sell and the bank will wait for a few weeks to see the offers coming through before making a decision. Mini bidding wars can develop with these homes. It’s not unusual for a bank owned property to sell for more than the listing price.
As a buyer, learning the details of short sale and REO processes if not necessary. You need to hire a real estate agent with experience with both processes. Make sure when selecting an agent that they know what they’re doing. Both David and I are certified short sale specialists and we’ve closed a lot of short sale and REO business. Give us a call for more information or to ask about specific properties. As always – no hassle and no pressure.
Port Orange – Driving on Airport Road
We were just driving through Port Orange along Airport Road and admiring the number of really nice home communities along that stretch of road. There are a lot of well price Port Orange homes for sale in this area.
We started from the south coming out of the beautiful Venetian Bay community. We then passed Waters Edge, Spruce Creek Fly In, Cypress Head, Sable Creek, Ashton Lakes, Summertrees and Sterling Chase.
Airport Road runs right off of I-95 making access easy to both I-95 and I-4. From Airport Road, we are about 10-15 minutes from the beaches depending on traffic. This is a great location. It’s like being out of the way, but at the same time very close to everything. The Pavilion Stores are just across Dunlawton Avenue and close to each of these communities. There are a lot of shops, restaurants and a beautiful new Hollywood Theaters at The Pavilion.
Port Orange schools are very good and the elementary and middle schools for the area are right there on Airport Road. Spruce Creek High School is a few miles away.
Living in Port Orange Florida
Port Orange Florida
Port Orange is a great town with so much to do that’s it hard deciding on an given day. There are many communities located throughout town and some of those are recreational parks within themselves. When looking at Port Orange Homes for Sale, many people begin with the better known communities like Spruce Creek Fly In, Cypress Head and Waters Edge.
The Spruce Creek Fly In community gives new meaning to the word unique. The 4,000 foot runway will accommodate private jets and just about any other private aircraft. Homes here and garages and hangars! Yes, hangars – about 700 homes in the gate community. It’s also home to a great 18 hole golf course and a country club. There’s tennis, boating from some of the homes right on Spruce Creek, walking, running, biking and more. There’s also a bunch of clubs to keep you busy.
Cypress Head is home to a beautiful 18 hole golf course and has tennis facilities as well. There’s a wide variety of homes available including a gated area within the community. Cypress Head is located close to elementary and middle schools and Spruce Creek High School is close.
Waters Edge is probably the best deal in town with its lower cost per square foot homes. The community is very family friendly and offers neighborhoods to fit different price ranges. The community has a direct entrance to a beautiful park with basketball and soccer fields.
Port Orange has a very good recreational sports program. David played both baseball and soccer with Port Orange clubs. The City Center is a large complex offering great running and biking path and many events and festivals throughout the year.
Anywhere in Port Orange is close to the beaches and I-95 and I-4. Orlando is about an hour away to downtown and a little longer to the attractions at Disney and Universal Studios. The beaches are no more than 10-15 minutes away from anywhere in Port Orange. The Halifax River runs between Port Orange and Daytona Beach Beach Shores. The Sunglow Pier is popular for fishing and great food and there are many restaurants on the water in the area.
Port Orange should be consider along with Daytona Beach and Ormond Beach when considering a home in the area. Call David (386-566-4169 or me (386-566-7503) for more information.
Learn more about the communities mentioned in this article here: