I love the Fall in Daytona Beach. The temperatures comfortably in the mid to upper 80s, and it is a welcome change from even low 90s. It is comfortably warm. The water in the ocean is still warm, and you can be outdoors pretty much the whole day…
I find it the best time of the year. Long walks on the beach, the ocean, still calming after Hurricane Matthew, recovering green, beaten by ferocious hurricane winds…
There was significant damage, the wind downed many signs, roofs gone, a lot of fallen or snapped trees… Similar to the damage from Hurricane Charley in 2004.
But this time there is some more serious damage to buildings after Hurricane Matthew. Several condo-hotel buildings are forcing owners/residents, or guests out. There are even high-rise condos, vacating units because of the structural damage to the building.
But life is back, no depression, the spirit is high. Daytona Beach is becoming beautiful again. It is yet too early to say how Hurricane Matthew affected our real estate market. Yes, we see dramatic drop in prices for some units in severely damaged buildings, but we expected this to some degree…
As always, there are some opportunities, some losses, and some gains. We will know soon.
