Sales of single-family homes steady despite low inventory

Ormond Beach Observer
Business

Statewide assisted living directory to launch magazine

As a result of a merger between FindingAssistedLiving.com and OurSeniors.net, the companies will launch a print magazine in Volusia and Flagler County as a resource for the elderly in the area. The OurSeniors.net magazine will be distributed quarterly and include updated information relevant to its target audience and a directory of recommended businesses.

The first issue of the magazine will be launched on Oct. 1.

Real Estate held steady in June despite low inventory

According to the Daytona Beach Multiple Listing Service, 489 existing single-family homes were sold in the greater Daytona Beach area in June. The median home sales price for the month was $215,000, a $13,000 increase from last year’s median home sales price in June.

Compared to May, total sales rose by almost four percent despite prices remaining relatively the same.

MLS data also found that buyers had less options for single-family homes, with 6.8 percent less homes listed in May compared to the previous year. Daytona Beach Area Realtor Ron Wysocarski said in a press release that the effects of the low inventory could worsen as families face increased pressure to close deals before their children head back to school in August.

Ormond Beach financial firm reaches 20th anniversary

Holland Financial, Inc., is celebrating 20 years in business during the month of July. Owner David Holland began his financial firm with a single assistant in 1997 at 555 W. Granada Blvd. Now, the firm has their own “Holland Financial Center”, housing five divisions and 20 full-time employees.

Holland Financial provides local residents with insurance, tax preparation and investment as well as other related services. Their office is located on 700 W. Granada Blvd.