Throughout much of the past year, the single family residential home building market in the Port Orange, Edgewater, Deland, Daytona Beach, and Palm Coast areas, have stabilized and are steadily improving. The upward trend of new home construction is expected to continue into 2014. Low interest rates and good new home prices along with an improving economy are all contributing factors across this two-county region.
According to Volusia Home Builders Association, single family home construction permits were up 44 percent last year. Flagler County Home Builders Association reported a 67 percent increase in the same time period. Adams Homes’ Daytona division experienced a 70 percent increase in new home production in the last year.
In 2014, new home construction is expected to lead the way in job creation. Daytona International Speedway is underway with their $400 million renovation, Daytona Rising.
Big construction projects– such as the construction of the Sun Rail commuter rail line and Daytona Rising aren't just hype and headlines, they have the ability to move the economic dial.
In addition to new home construction and other big construction projects, Port Orange, Edgewater, Deland, Daytona Beach, and Palm Coast are expecting local job growth in durable goods manufacturing, transportation and utilities, leisure and hospitality and professional and business services.
Adams Homes has new homes for sale in Port Orange, Edgewater, Deland, and Daytona Beach in Volusia County as well as Palm Coast in Flagler County. From first time home buyers to expanding families to retirees, Adams Homes has the new home that will meet everyone's needs. Quality craftsmanship at affordable pricing.