South Daytona

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South Daytona Home Loans.

Whether you are a first time home buyer or trading up to a larger home in South Daytona, we work to find the best home loan solution in south daytona for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For South Daytona Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in South Daytona, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is your local credit union. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

South Daytona Florida Overview & Statistics

South Daytona Overview

As of 2007, South Daytona's population is 13,541 people. Since 2000, it has had a population growth of 2.76 percent.

The median home cost in South Daytona is $214,900. Home appreciation the last year has been -6.57 percent.

Compared to the rest of the country, South Daytona's cost of living is 12.68% Lower than the U.S. average.

South Daytona public schools spend $5,278 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in South Daytona.

The unemployment rate in South Daytona is 3.30 percent(U.S. avg. is 4.60%). Recent job growth is Positive. South Daytona jobs have Increased by 1.74 percent.

South Daytona Climate

South Daytona, FL, gets 49 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 114.

On average, there are 231 sunny days per year in South Daytona, FL. The July high is around 90 degrees. The January low is 47. Our comfort index, which is based on humidity during the hot months, is a 25 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

South Daytona Housing

The median home value in South Daytona, FL, is $214,900. Home appreciation is -6.57% over the last year. The median age of South Daytona, FL, real estate is 29 years.

South Daytona, FL Apartments and Rentals

Renters make up 28.85% of the South Daytona, FL, population. 9.24% of houses and apartments in South Daytona, FL, are unoccupied (vacancy rate).

South Daytona Crime

South Daytona, FL, violent crime, on a scale from 1 (low crime) to 10, is 4. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

South Daytona, FL, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.southdaytona.org

South Daytona Real Estate Agents

Florida First Time Home Buyers Grants

Florida First Time Home Buyer Programs

Florida Home Loan