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-mont...
Source: news-journalonline.com