How long will it take to sell my home in New Smyrna Beach FL?

Views from Ebb Tide - www.sarahcaudill.com

Views from Ebb Tide – http://www.sarahcaudill.com

New Smyrna Beach Realtor

One of the first questions that sellers typically ask me is “How long will it take for my home to sell?”  This is not a simple question to answer.  There are many factors that go into selling your property.  Homes can sell the week they are listed and others take longer for that right buyer to come along.  Consider the following elements below when estimating how long it will take to sell your New Smyrna Beach home.

1. The Market –  

The most significant factor impacting the length of time it will take for your home to sell is the current condition of the housing market.  If the housing market is strong, your home will sell more quickly than when the housing market is performing poorly.  The good news is, the housing market in New Smyrna Beach is performing well as our inventory is low and demand is high in our city.

2. Interest Rates – 

Interest rates fluctuate daily.  When interest rates are high, buyers will be more hesitant to apply for a new loan.  When they are low, buyers are more likely to shop for a new house and apply for a mortgage.  Buyers can spend more on a home when interest rates are low.  This may bring additional buyers into the price range of your home.

3. Competition – 

Your home may take longer to sell if there is lots of competition in your neighborhood.  For example, if a buyer has made up their mind to buy a home under $275,000 in Venetian Bay and your home is one of three listed in that price range in Venetian Bay, buyers will more than likely consider your home.  However, if there are many homes in the same price range with similar features and amenities, buyers may not be as interested in your home.

4. Marketing – 

If buyers are not aware that your home is on the market, they will not come look at your home.  To sell your home quickly, it must be marketed effectively.  To be sure that your home has the best exposure, you need to find a New Smyrna Beach Realtor that is an expert on this area and who will invest their own money to advertise your property to the right buyers.

Visit my website at http://www.sarahcaudill.com to learn more about me and read my testimonials from buyers and sellers who have worked with me.  Contact me today to learn more about listing your home for sale.

Where is New Smyrna Beach in the Current Real Estate Cycle?

New Smyrna Beach's Minorca Condos

New Smyrna Beach’s Minorca Condos

With the volume of single family home sales up 17.9% in February 2015 and condo sales up 15.6% compared to February 2014, it is easy to see that the real estate scene in New Smyrna Beach is seeing an unprecedented real estate boom not seen since the real estate market tanked.

The 2015 real estate market overall here in New Smyrna Beach is seeing less inventory evident by 7.9% less single family homes on the market and 3.3% less condos and townhouses on the market in February 2015 than February 2014.

This time, the market is being fueled by rich Central Floridians and out-of-town investors who are looking and eager to purchase in financially solid regions and to be part of projects established by experienced developers. New Smyrna is being recognized as an exciting place to own a condo or beach side home, and a great location in the county to get out of the rough northern winters.

The current real estate cycle differs drastically from the pre-market crash cycle in that it is much healthier as no one is taking big risks.  Investors are only looking to support financially strong projects with experienced developers in the drivers seat.

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February 2015 NSB Board Stats | http://www.sarahcaudill.com

February 2015 Single Family Homes NSB Board of Realtors Statistics

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February 2015 NSB Board Stats | http://www.sarahcaudill.com

February 2015 Condo and Townhome NSB Statistics

To search the current MLS listings in Volusia county directly:  Click Here

Why New Smyrna Beach FL is a Great Place to Retire

Retire in New Smyrna Beach | www.sarahcaudill.com

Retire in New Smyrna Beach | http://www.sarahcaudill.com

New Smyrna Beach FL is a great place to live and it is also a good place to retire!

PROS:

  • We have a strong small town economy here in Central Florida.
  • The average home price is $185,000
  • Population of about 23,000 people
  • Warm winters
  • High number of doctors per capita
  • Good ratings for bicycling, walkability
  • Average tax climate
  • Big outdoor recreation scene with boating, golfing, fishing, paddle boarding, and bicycling
  • Low serious crime rate

ABOUT NEW SMYNRA BEACH:

New Smyrna Beach is 50 miles East of Orlando, FL and 89 miles south of Jacksonville, FL.  The white sand runs for 13 miles along our coast with driving permitted on portions of the beach.  New Smyrna’s beachside is a barrier island with the Atlantic Ocean bordering the East side and the Intra-coastal waterway bordering the West side.   The elevation is on average 9 feet.  Tides change every 6 hours and average 3 feet.

Year around temperatures in New Smyrna Beach, FL are very mild and pleasant.  The average annual temperature is 71 degrees Fahrenheit with highs averaging in the 80’s in the summer and lows averaging in the 60’s in the winter.  Afternoon showers are common throughout the summer months.

Find a home in New Smyrna Beach:

Real Estate in New Smyrna Beach FL

To learn more about New Smyrna Beach, check out my other related blog posts:

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How to Create the Perfect Pro-Style Kitchen

Pro-Style Kitchen | New Smyrna Beach | www.sarahcaudill.com

Pro-Style Kitchen | New Smyrna Beach | http://www.sarahcaudill.com

All homeowners who cook need a beautiful kitchen that provides them with the tools to efficiently and effectively prepare meals.  Having top level appliances, the correct layout, the right counter surfaces, deep sinks, and plenty of storage is essential.  In the real estate world we use terms like “gourmet kitchen” to describe a kitchen that has easy to maintain surfaces and an abundant amount of storage that a “chef” would incorporate in their kitchen.  These professional tools will make your kitchen a realm of “culinary magic”.

1.  Lighting – Having the right lighting in your kitchen is important.  The best kitchens have adequate lighting in the food prep areas and modern pendent lighting over the kitchen eating areas.  Recessed lighting is popular as it effectively brightens your entire kitchen.

2.  Kitchen Layout – Homeowners that enjoy cooking and being involved with friends and family prefer open kitchen layouts.  Kitchen layouts that flow into family and entertainment areas are chosen.  Having multiple food prep areas allow for multiple “chefs” in the house.  Consider a kitchen island or dual sinks.

3.  Counter Surfaces – If you plan on spending time in the kitchen, it is essential to invest in surfaces that will not scratch if cut on, not be stained easily, and not be burned if a hot pan or bowl of hot food is placed on them.  Durable surfaces such as granite and quartz that will withstand the normal wear of cooking are typically chosen for kitchen counter surfaces.

4.  Appliances – Professional level appliances provide added features that make it worth the extra money.  For example, professional-grade refrigerators often allow the owner to keep multiple temperatures for separate food storage compartments to keep food the freshest.  Stainless steel appliances and appliances that are hidden with matching cabinet doors are still popular.

To receive information about how much your kitchen contributes to the overall value of your home please contact me HERE.

How to Financially Prepare to Purchase a Home

Before you start shopping for your property, it is a good idea to make some preparations.

Build Your Green File.

A green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:

  • Financial statements
  • Bank accounts
  • Investments
  • Credit cards
  • Auto loans
  • Recent pay stubs
  • Tax returns for two years
  • Copies of leases for investment properties
  • 401K statements, life insurance, stocks, bonds, and mutual account information.

Check Your Credit Rating.

Your credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that Sarah can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. I will be happy to recommend experienced, knowledgeable lenders in the residential, construction, commercial, and investment real estate fields.

Be Careful With Your Finances.

Now is not a good time to make sudden career changes or large purchases. You want to approach your property purchase from a position of financial stability.

Please visit my website to find more tips on preparing to purchase a home  Deciding to Buy and search the MLS listings throughout Volusia County directly on my website www.sarahcaudill.com

Best Condo Community in New Smyrna Beach

New Smyrna Beach Minorca Condos | www.sarahcaudill.com

New Smyrna Beach Minorca Condos | http://www.sarahcaudill.com

Minorca is one of the best condo communities in the pristine beach town of New Smyrna Beach.  With the Atlantic Ocean on the East side of these condo buildings and the inter-coastal waterway to the West side, this community offers breath-taking sunrise and sunset views.  The Minorca community was built on 65 acres and is 15 miles south of Daytona Beach.  New Smyrna Beach is the closest beach town to Central Florida’s theme parks being only an hour from Orlando.  Adjacent to this fantastic community is the Smyrna Dunes Park that offers 220 acres of park with over four miles of boardwalk and walking trails.  The first of the 7 Minorca buildings were completed in 2002 and the last in 2006.  The property includes 310 condo homes.

Minorca offers an exclusive clubhouse complete with a full kitchen, bar, pool table, and entertainment area; a large heated pool and spa along with a fully equipped gym with a sauna; tennis courts; 24/7 staffed security gatehouse; Ponce De Leon River Pavilion; excellent on-site management staff; boat docks for rent or purchase; and fishing docks overlooking the New Smyrna Beach Coast Guard Station and Ponce Inlet Lighthouse.

Currently the lowest priced condo in this prestigious community is a second floor, 2 bedroom, 2 bath, 1,450sq ft unit listed at $347,000 and the highest priced condo is a seventh floor, 4 bedroom, 3 bath, 2,620 sq ft unit listed at $1,550,000.

Call your full-time Minorca resident and realtor today to tour this one of a kind community #386-295-8664! Or view the current Minorca condos For Sale by following this link: http://sarahcaudill.idxbroker.com/idx/results/listings?idxID=a096&pt=1&lp=0&ccz=city&per=10&srt=prd&a_complexName[]=Minorca