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386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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What Is Multigenerational Housing? [INFOGRAPHIC]

What Is Multigenerational Housing? [INFOGRAPHIC] | Simplifying The Market

What Is Multigenerational Housing? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home.
  • Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today.
  • Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones.

Continue reading…

Posted in: Baby Boomers, Blog, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market

Daytona Beach has the most affordable housing costs of any of the top 10 best places to retire

U.S. News & World Report: Daytona Beach Fla. #3 of Top 10 ‘Best Retirement’ Metros

If your looking to retire in Florida you should without a doubt check the metro area of Daytona Beach. The housing cost here is some of the most affordable anywhere in Florida.  Listed as the 3rd best place to retire in 2021-2022

LATEST GREATER DAYTONA BEACH AREA HOMES AND CONDOS

Take a look at the latest homes and condos to come on the market in the greater Daytona Beach area below.  Call me when you are ready to move to the area and I will be your guide! 386-315-4744

Check out my Daytona Beach area buyers information

 

Enter Daytona, which rose from 15th on last year’s U.S. News list.

“Daytona Beach has the most affordable housing costs of any of the top 10 best places to retire,” Brandon told me. “The cost of living in a potential retirement spot is a major concern for many retirees.”

Posted in: Baby Boomers, Blog, For Buyers Tagged: buy, retire in Daytona beach, retire in ormond beach, retire in port orange, retire to florida

Retirement May Be Changing What You Need in a Home

Retirement May Be Changing What You Need in a Home | Simplifying The Market

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:

“At least 1.7 million more older workers than expected retired due to the pandemic recession.”

If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity Insights report from CoreLogic, homeowners gained more than $50,000 in equity over the past 12 months alone. That, plus today’s sellers’ market, presents a great opportunity to sell your house and address your evolving needs.

You Can Move Closer to the Ones You Love

The 2021 Home Buyers and Sellers Generational Trends report from the National Association of Realtors (NAR) provides a look at the reasons people buy homes. For those reaching retirement age, the number one reason to buy is the opportunity to be closer to loved ones, friends, or relatives.

If you find yourself farther from your loved ones than you’d like to be, retirement and the equity you’ve built in your home may enable you to move closer to the people in your life who matter most.

You Can Find the Right Home for Your Needs

Not only can your equity power a move to a new location, but it can also help you purchase the right size home. Lawrence Yun, Chief Economist at NAR, says many homebuyers 55 and older choose to downsize – or buy a smaller home – when they make a purchase:

“Clearly from the age patterns, young people want to upsize, and the older generation is looking to downsize. . . .”

Whatever your home goals are, a trusted real estate advisor can help you to find the best option for your situation. They’ll help you sell your current home and guide you as you buy your next one while you move into this new phase of life.

Bottom Line

If you’ve recently retired and your needs are changing, you’re not alone. Let’s connect so you can get a better sense of how to find a home that will match your situation.

Continue reading…

Posted in: Baby Boomers, Blog, Demographics, For Buyers, For Sellers, Senior Market

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC] | Simplifying The Market

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs.
  • With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are discovering the value of a multigenerational home.
  • With such high demand for houses today, now is a great time to sell so you can upgrade to a multigenerational home that may better suit your evolving needs.

Continue reading…

Posted in: Baby Boomers, Blog, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Senior Market

Should You Buy a Retirement Home Sooner Rather than Later?

Should You Buy a Retirement Home Sooner Rather than Later? | Simplifying The Market

Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in life. This year, however, the game changed.

Many of today’s workers who are nearing the end of their professional careers, but maybe aren’t quite ready to retire, have a new choice to make: should I move before I retire? If the sand and sun are calling your name and you have the opportunity to work remotely for the foreseeable future, now may be a great time to purchase that beach bungalow you’ve always dreamed of or the single-story home in the sprawling countryside that might be a little further out of town. Whether it’s a second home or a future retirement home, spending the next few years in a place that truly makes you smile every day might be the best way to round out a long and meaningful career.

Continue reading…

Posted in: Baby Boomers, Blog, For Buyers, For Sellers, Interest Rates, Senior Market

Is it Time to Move into a Single-Story Home?

Is it Time to Move into a Single-Story Home? | Simplifying The Market

Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don’t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a single-story home. You’ve likely gained significant equity if you’ve lived in your home for a while, so making a move while demand for your current house is high could be your best step forward toward the retirement goals you set out to achieve several years ago.

The dilemma, though, is where to go next. A big concern for many homeowners who are ready to sell is finding a home to move into, given today’s lack of houses available for sale. There is, however, some good news: the number of single-family 1-story homes being built today is on the rise, improving your odds of finding the right home for your changing needs. In a recent article, The National Association of Home Builders (NAHB) explains:

“Nationwide, the share of new homes with two or more stories fell from 53% in 2018 to 52% in 2019, while the share of new homes with one story grew from 47% to 48%.”

Here’s a map showing the breakdown of newly constructed homes being built by region, and the percentage of 1-story and 2-story homes in that mix:Is it Time to Move into a Single-Story Home? | Simplifying The Market

What are the benefits of buying a one-story home?

Still not sure about buying a single-story home? An article from Home Talk covers several advantages of switching from two floors to one:

1. Energy Efficient

“It is easier to heat and cool a single-story house [than] it would be to regulate the temperatures of a multi-story house.”

Most single-story homes only need one heating or cooling unit, and they typically stay cooler than a two-story home, both of which can lead to significant savings.

2. Easier to Maintain

“Doing a general cleaning in a single story requires less effort and you will be able to see all areas that need cleaning and the areas are easily accessible.”

Cleaning and maintenance of a single-story home can take less time and effort, and better upkeep helps improve the overall value of the home.

3. Accessible for Everyone

“A single-story house can be accessed by anyone, whether they are young children or the senior citizens.”

If you’re looking for a house that provides a safe and easily accessible environment at any age, a single-story home may be optimal.

4. Good Resell Potential

“When buying a single-story house, you should consider the resale value should you think of reselling it in case of a circumstance that can happen. Look at the growth rate of that area. Due to the high demand of these types of houses it is [easy] to resell them and depending on the growth rate of an area, it increases in value significantly.”

Single-story homes have a lot of benefits and are often in higher demand. This bodes well for future resale opportunities.

Bottom Line

There are many benefits to downsizing into a one-story home. Doing so while demand for your current house is high might make it easier than ever to make a move. Let’s connect if you’re ready to purchase the single-story home you need while homes are so affordable today.

Continue reading…

Posted in: Baby Boomers, Blog, For Buyers, For Sellers, Generation X, Senior Market

Plantation Bay Ormond Beach Florida Gated Community Homes For Sale under $350K

Plantation Bay Ormond Beach Florida Gated Community Homes For Sale under $350,000

These are the best deals in Plantation Bay here in Ormond Beach. If you’re looking to move to Florida and live in a gated community why not the best? Plantation Bay in Ormond Beach. I have sold a lot of homes in this community. I would love to help you with your next home right here in Plantation Bay as well.  Give me a call, let’s talk about live in Florida! Let’s talk about what it’s like to drive over to the beach just 8 minutes from the front gate. Lets talk about you new life here in sunny Ormond Beach FL.

1127 Hansberry Court Ormond Beach FL 32174
1 / 46
$329,900
2
BEDS
2
TOTAL BATHS
1,308
SQFT
1127 Hansberry Court Ormond Beach, FL 32174
Townhouse For Sale
- Active

Beautiful 2 bedroom, 2 bath townhome overlooking the pond! Foyer leads to an open combination dining/family room combination, with 10 ft. ceilings. Kitchen features a breakfast bar, white cabinets and granite countertops. Newer dishwasher and refrige

Listing courtesy of Debbie Spelman of Venture Development Realty, Inc
1128 Hansberry Court Ormond Beach FL 32174
Open House Sun, May 18, 4 PM UTC
1 / 65
$349,000
3
BEDS
3
TOTAL BATHS
1,674
SQFT
1128 Hansberry Court Ormond Beach, FL 32174
Townhouse For Sale
- Active

Welcome to this beautifully updated and move-in ready, partially furnished townhome nestled in the highly sought-after, gated community of Plantation Bay. Located in the desirable Arbor Side section of Prestwick, this rare find offers over 1,700 squa

Listing courtesy of Priscilla Chanfrau of Adams, Cameron & Co., Realtors
425 Long Cove Road Ormond Beach FL 32174
Price Change - 2 weeks ago
1 / 6
$123,500
0.29
ACRES
VOLUSIA
COUNTY
425 Long Cove Road Ormond Beach, FL 32174
Unimproved Land For Sale
- Active

Ready to build, cleared, extra long lot in 24/7 guard gated security subdivision. PARTIAL golf course view, and privacy in the same time. probably last lot that you can build with your OWN builder. Design your own home, pick up ANY builder, and make

Listing courtesy of Suzana Petkovska of Florida Realty Plus LLC
830 Aldenham Lane Ormond Beach FL 32174
Open House Sun, May 18, 3 PM UTC
1 / 42
$349,000
2
BEDS
2
TOTAL BATHS
1,562
SQFT
830 Aldenham Lane Ormond Beach, FL 32174
Townhouse For Sale
- Active

Beautiful Arbour II Villa features a Dining/Living room combination, great for entertaining or just relaxing to music or your favorite movie! Your separate den is located off the foyer entrance and is perfect for an office, hobby room or for an addit

Listing courtesy of Debbie Spelman of Venture Development Realty, Inc

I’m here to help you find your new home! Check out the complete list of everything for sale in Plantation Bay

View All Homes For Sale In The Gated Community Of Plantation Bay

View the latest homes for sale in Plantation Bay below!

8 Jasmine Run Ormond Beach FL 32174
New Listing - 6 days on site
1 / 39
$399,900
2
BEDS
3
TOTAL BATHS
2,157
SQFT
8 Jasmine Run Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Beautiful golf course home on an oversized lot in the prestigious, and highly sought after community of Plantation Bay, where the amenities, golf courses, lakes and natural serene setting are truly unparalleled. This impeccably kept, turn-key, 2 bed,

Listing courtesy of Mark Polakovich of Deuces Realty
1091 Hampstead Lane Ormond Beach FL 32174
New Listing - a week on site
1 / 57
$849,000
4
BEDS
3
TOTAL BATHS
2,563
SQFT
1091 Hampstead Lane Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

This exceptional estate home boasts a prime location on the golf course with stunning water views. Situated on a spacious .52-acre lot, this residence features 4 bedrooms, 3 bathrooms, and a 3-car garage, all filled with abundant natural light. Upon

Listing courtesy of Kristi Harris of Spectrum Property Group LLC
850 Westlake Drive Ormond Beach FL 32174
New Listing - 2 weeks on site
1 / 76
$549,000
3
BEDS
2
TOTAL BATHS
2,346
SQFT
850 Westlake Drive Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Live the Florida Dream at 850 Westlake Dr. Ormond Beach. Make this fantastic home your own and enjoy the Breathtaking views of both Water and Preserve. Doesn't get more serene and more peaceful then this. BUYING THIS HOME WILL GET YOU 50 PERCENT OFF,

Listing courtesy of Judit Glant of Venture Development Realty, Inc
5 Bay Pointe Drive Ormond Beach FL 32174
New Listing - 2 weeks on site
1 / 30
$499,000
3
BEDS
3
TOTAL BATHS
2,537
SQFT
5 Bay Pointe Drive Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Stunning 3-Bedroom, 3-Bath Luxury Home in the Prestigious Plantation Bay Community Nestled in the coveted, gated enclave of Plantation Bay, this pristine 3-bedroom, 3-bath residence offers an exceptional blend of refined elegance and contemporary

Listing courtesy of Julie Wallschlaeger of Engel & Voelkers New Smyrna Beach

Posted in: Baby Boomers, For Buyers, Golf Community home, Homes for sale, Luxury Market, Ormond Beach, Pool Homes Tagged: Affordable Gated Community Homes For Sale, Best Gated Community Homes For Sale, Florida Gated Community Homes For Sale, Ormond Beach Florida Gated Community Homes For Sale, Plantation Bay Homes For Sale, Plantation Bay Poo Homes For Sale

Port Orange Florida Pool Homes For Sale Near The Beach

Port Orange Pool Homes For Sale Close To The Beach

Below you will find a great selection of Pool homes for sale in Port Orange Florida. All are within 15 minutes of the beach. If you would like to see any of these homes please give me “James Jestes” a call 386-315-4744 I would be happy to answer any questions you have about any home for sale here in Port Orange or the Greater Daytona Beach area.

This home is a 2 bedroom, 2 bathroom home in the community of Spruce Creek Fly In. Selling for $295,000 View more information and photos of this Port Orange pool home.

Location of this home at the near end of a cul-de-sac with spectacular views of the Spruce Creek Country Club 17th Fairway, with lake and pond views as well. Remodeled expanded kitchen, granite counter, wood cabinets, 18′ x 11′ Air-conditioned Glass Enclosed Florida Sunroom plus an 18′ x 10′ screened-in patio. Outside the screened patio is an outdoor paved patio. Master Suite has the same view & sliding glass door to enclosed porch Florida Sunroom. Wedgewood Community Pool & picnic area. Monthly maintenance is paid quarterly. Spruce Creek Home Owners Association for 2020 $1,550.00. All appliances will remain with home. 2 car garage has built-in cabinets, plus 2 closets on each side of the garage entry for storage. Storage Yard, Owner is willing to leave furniture. For more information about 3191 Royal Birkdale Way, Port Orange, you can view it here.

Continue reading…

Posted in: Baby Boomers, Blog, For Buyers, Homes for sale, Pool Homes, Port Orange, Port Orange

The Many Benefits of Aging in a Community

The Many Benefits of Aging in a Community | Simplifying The Market

There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not only understand what we’re saying but actually feel the same joys and concerns as well.

That’s why many boomers are deciding to move into an active adult community. In the latest 55places National Housing Survey, they were described by one out of three seniors as an “outgoing, social community of likeminded people.”

Bill Ness, Chief Executive Officer and Founder of 55places.com, explains:

“Baby boomers are now reaching the age when moving to an active adult community is the ideal opportunity for them…Many boomers now want to downsize, experience a maintenance-free lifestyle, and pursue more social opportunities. It’s exciting that there are so many choices for baby boomers.”

There’s still a desire, however, among many seniors to “age-in-place.” According to the Senior Resource Guide, aging-in-place means:

“…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.”

The challenge is, many seniors live in suburban or rural areas, and that often necessitates driving significant distances to see friends or attend other social engagements. A recent report from the Joint Center for Housing Studies of Harvard University (JCHS) titled Housing America’s Older Adults addressed this exact concern:

“The growing concentration of older households in outlying communities presents major challenges for residents and service providers alike. Single-family homes make up most of the housing stock in low-density areas, and residents typically need to be able to drive to do errands, see doctors, and socialize.”

The Kiplinger report also chimed in on this subject:

“While most seniors say they want to age in place, a much smaller percentage of them actually manage to accomplish it, studies show. Transportation is often a problem; when you can no longer drive, you can’t get to medical appointments or to other outings.”

Driving may not be a challenge right now, but think about what it may be like to drive 10, 20, or 30 years down the road.

There are also health challenges brought on by a possible lack of socialization when living at home versus a community of seniors. Sarah J. Stevenson is an author who writes about seniors. In a recent blog post for A Place for Mom, she explains:

“Social contacts tend to decrease as we age for reasons such as retirement, the death of friends and family, or lack of mobility.”

Thankfully, research from the same article suggests if you’re spending time with others in a community, thus reducing the impact of loneliness and isolation, there’s less of a risk of developing high blood pressure, obesity, heart disease, a weakened immune system, depression, anxiety, cognitive decline, Alzheimer’s disease, and early death.

Though the familiarity of our current home may bring a feeling of warmth, comfort, and convenience, it’s important to understand that staying there may mean missing out on crucial socialization opportunities. Living with adult children, joining a retirement community, or moving to an assisted living facility can help us continue to be with people we enjoy every day.

Bottom Line

“Aging-in-place” definitely has its advantages, but it could mean getting “stuck-in-place” too. There are many health benefits derived from socialization with a community of people that shares common interests. It’s important to take the need for human interaction into consideration when making a decision about where to spend the later years in life.

Continue reading…

Posted in: Baby Boomers, Blog, Demographics, For Sellers, Senior Market

Does “Aging in Place” Make the Most Sense?

Does “Aging in Place” Make the Most Sense? | Simplifying The Market

A desire among many seniors is to “age in place.”

According to the Senior Resource Guide, the term means,

“…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.”

There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone. The familiarity of your current home is the pro of aging in place, but the potential financial drawbacks to remodeling or renovating might actually be more costly than the long-term benefits.

A recent report from the Joint Center for Housing Studies of Harvard University (JCHS) titled Housing America’s Older Adults explained,

“Given their high homeownership rates, most older adults live in single-family homes. Of the 24 million homeowners age 65 and over, fully 80 percent lived in detached single-family units…The majority of these homes are now at least 40 years old and therefore may present maintenance challenges for their owners.”

If you’re in this spot, 40 years ago you may have had a growing family. For that reason, you probably purchased a 4-bedroom Colonial on a large piece of property in a child-friendly neighborhood. It was a great choice for your family, and you still love that home.

Today, your kids are likely grown and moved out, so you don’t need all of those bedrooms. Yard upkeep is probably very time consuming, too. You might be thinking about taking some equity out of your house and converting one of your bedrooms into a massive master bathroom, and maybe another room into an open-space reading nook. You might also be thinking about cutting back on lawn maintenance by installing a pool surrounded by beautiful paving stones.

It all sounds wonderful, doesn’t it? For the short term, you may really enjoy the new upgrades, but you’ll still have to climb those stairs, pay to heat and cool a home that’s larger than what you need, and continue fixing all the things that start to go wrong with a 40-year-old home.

Last month, in their Retirement Report, Kiplinger addressed the point,

“Renovations are just a part of what you need to make aging in place work for you. While it’s typically less expensive to remain in your home than to pay for assisted living, that doesn’t mean it’s a slam dunk to stay put. You’ll still have a long to-do list. Just one example: You need to plan ahead for how you will manage maintenance and care—for your home, and for yourself.”

So, at some point, the time may come when you decide to sell this house anyway. That can pose a big challenge if you’ve already taken cash value out of your home and used it to do the type of remodeling we mentioned above. Realistically, you may have inadvertently lowered the value of your home by doing things like reducing the number of bedrooms. The family moving into your neighborhood is probably similar to what your family was 40 years ago. They probably have young children, need the extra bedrooms, and may be nervous about the pool.

Bottom Line

Before you spend the money to remodel or renovate your current house so you can age in place, let’s get together to determine if it is truly your best option. Making a move to a smaller home in the neighborhood might make the most sense.

Continue reading…

Posted in: Baby Boomers, Blog, Demographics, For Sellers, Generation X, Senior Market

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Latest Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?
  • Don’t Let These Two Concerns Hold You Back from Selling Your House
  • The Big Difference Between Renter and Homeowner Net Worth
  • Should You Sell Your House or Rent It Out?

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Today’s Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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