November 17, 2021
Real Estate

Volusia property appraiser bullish on Daytona area housing market

DAYTONA BEACH — “When is the housing market going to crash?” was one of the most searched queries on Google in May, Volusia County Property Appraiser Larry Bartlett learned when preparing his presentation to the Volusia County Association for Responsible Development.

“I figured this audience might be interested in what the (Volusia County) Property Appraiser has to say about that,” Bartlett said Thursday at the VCARD breakfast gathering of nearly 100 people. “The Property Appraiser doesn’t think things are going to crash, certainly not this year or anytime soon.”

Bartlett was one of the keynote speakers at VCARD’s annual Real Estate Values Forum at Halifax River Yacht Club in downtown Daytona Beach.

A "sold" sign can be seen in front of this riverfront home on Riverside Drive in Holly Hill, just south of the border to Ormond Beach on Thursday, June 3, 2021. Independent real estate broker Prechus Green represented the buyers, a couple from New Hampshire who agreed to pay $660,000 in cash. The house received multiple offers and was put under contract just three days after it went up for sale.

Why current boom is not a ‘bubble’

Displaying a chart showing the median sale price of existing single-family homes sold in Volusia County each year since 2000, Bartlett noted that it…

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