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Booming real estate market in Volusia-Flagler freezing out some buyers

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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Moving Ahead

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COVID crisis fuels fast start to Volusia, Flagler home sales in 2021

DAYTONA BEACH The momentum from the surge in home sales in the second half of 2020 in Volusia and Flagler counties has continued into the new year, the latest reports from area Realtor associations show.
Ormond Beach Realtor Kelly Ferguson didn t need to wait for the January home sales reports to know that.
The agent with Geri Westfall Real Estate closed five home sales in a single day in late January. It was the most she s ever done in a 24-hour period since she began her career as a Realtor in 2017.
Jan. 29 was a wild day. I started at 8 a.m. and worked until 8 p.m., said Ferguson of the five transactions. ....

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On the Market Real Estate: One-of-a-kind waterfront home is immaculate

Poised at the top of one of Flagler Beach s most gorgeous and sought-after streets, this immaculate, one-of-a-kind waterfront home is situated on almost three-quarters of an acre of land with a wealth of resort-like amenities.
“This home feels like your own personal resort…your ultimate dream vacation spot,’’ said Realtor Mike Sapp, who is co-listing the home with Lauren McPherson. “You have gorgeous views of the Intracoastal Waterway from the back of the home and old-Florida beauty in the oak trees from the front of the home.”
Its 2,400 square feet of living space holds four bedrooms and two-and-a-half bathrooms, with open living spaces and incredible views. ....

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