Page 5 - Chelsea Place News Today : Breaking News, Live Updates & Top Stories | Vimarsana

From the time we listed it on Dec. 4, the market went from having a tight housing inventory to not having any, said the couple s Realtor, Geri Westfall Adams, referring to the home the Johnsons recently sold in Ormond Beach s Chelsea Place community.  In February, the number of available existing single-family homes shrank to a new all-time low of just 1,035 in Volusia County, down 60% from the same month a year ago. In Flagler County, the inventory of active listings fell even more, down 70.7% to just 333, according to area Realtor association reports. The Johnsons, who have an 18-month-old son, said their stay with Maxine s parents is just temporary but acknowledged it could be a long wait until they can find a home for sale in their price range. They are determined to remain in Ormond Beach where both grew up and where they have family.

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