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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Real Estate Continues to Show Unprecedented Strength This Year

Real Estate Continues to Show Unprecedented Strength This Year | Simplifying The Market

The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more?

Here’s a look at what several industry-leading experts have to say.

Lawrence Yun, Chief Economist, National Association of Realtors

“Home sales continue to amaze, and there are plenty of buyers in the pipeline ready to enter the market…Further gains in sales are likely for the remainder of the year, with mortgage rates hovering around 3% and with continued job recovery.”   

Frank Martell, President and CEO, CoreLogic

“Homeowners’ balance sheets continue to be bolstered by home price appreciation, which in turn mitigated foreclosure pressures…Although the exact contours of the economic recovery remain uncertain, we expect current equity gains, fueled by strong demand for available homes, will continue to support homeowners in the near term.”

Zillow

“Zillow’s predictions for seasonally adjusted home prices and pending sales are more optimistic than previous forecasts because sales and prices have stayed strong through the summer months amid increasingly short inventory and high demand.

The pandemic also pushed the buying season further back in the year, adding to recent sales. Future sources of uncertainty including lapsed fiscal relief, the long-term fate of policies supporting the rental and mortgage market, and virus-specific factors, were incorporated into this outlook.”

Bottom Line

Many economists are in unison, indicating the housing market will continue to fuel the economy through the end of the year, maintaining this unprecedented strength.

 

GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$850,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
231 Riverside Drive 1602-1 Daytona Beach FL 32117
Featured
1 / 58
$599,000
3
BEDS
3
TOTAL BATHS
2,239
SQFT
231 Riverside Drive 1602-1 Daytona Beach, FL 32117
Condominium For Sale
- Active

This exquisite 16th-floor condo at Marina Grande has been meticulously remodeled with no expense spared. The 3-bedroom, 3-bath unit features a Viking cooktop, high-end LG kitchen appliances, and Samsung stacked washer/dryer. The kitchen boasts stunni

Listing courtesy of James Jestes of EXP Realty LLC
3625 Pioneer Trail New Smyrna Beach FL 32168
New Listing - 2 hours on site
1 / 12
$569,000
2
BEDS
2
TOTAL BATHS
1,176
SQFT
3625 Pioneer Trail New Smyrna Beach, FL 32168
Single Family Residence For Sale
- Active

5 Acre gated & fenced property minutes to New Smyrna Beach and Port Orange. 3 bed, 2 bath farmhouse type home would be easy to remodel to today's standards. Large outbuilding and 1-space carport. Additionally, there are two separate enclosed shop spa

Listing courtesy of Patricia Collado of Collado Real Estate
73 N St Andrews Drive Ormond Beach FL 32174
New Listing - 4 hours on site
1 / 37
$439,900
4
BEDS
3
TOTAL BATHS
2,422
SQFT
73 N St Andrews Drive Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Beautifully remodeled family home, sitting high & dry in a private setting in the desirable Tomoka Oaks subdivision. Lots of living space in the tiled formal living area with a large window overlooking the front yard and a family room with fireplace,

Listing courtesy of Karin Udolf Strobl PA of RE/MAX Signature

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Related posts:

  1. 3 Graphs that Show What You Need to Know About Today’s Real Estate Market
  2. The Surging Real Estate Market Continues to Climb
  3. A Lack of Inventory Continues to Impact the Housing Market
  4. The 2020 Real Estate Projections That May Surprise You

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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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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."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

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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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