Newly Renovated Condos May Represent Last Affordable Housing in greater Daytona Beach Area

DAYTONA BEACH, FLORIDA (January 26, 2006)

 

Newly renovated and starting in the $120s, the Riverwood Village Condominiums are two bedroom town house style units. Located in South Daytona on Reed Canal Road, the condos are newly converted with easy access to many local amenities.

 

Affordable housing prices, specifically for first time buyers, in the Daytona Beach Area seem to have all but disappeared from the local inventory. Although almost everyone has seen substantial increases in net worth as their largest investment grows, finding readily affordable housing in the existing market has been increasingly difficult. In order to fill that need, a local developer has teamed with Adams, Cameron & Co. to offer Riverwood Village Condominiums on Reed Canal Road. These condos are especially significant as they may represent one of the last offerings of truly affordable housing for first time homeowners in the area.

 

"We are very pleased to be able to bring high-quality, affordable housing to people who are hoping to fulfill the dream of home ownership," says Craig Wells, the developer of the project. "Adams, Cameron & Co., is excited to help fill a void that has existed in the housing market throughout the greater Daytona Beach area," said John Adams, General Manager, Adams, Cameron & Co.

 

Founded in 1963, Adams, Cameron & Co. is the Daytona Beach Area's largest real estate company with over 220 agents in nine offices throughout Volusia and Flagler counties. Adams, Cameron & Co. is pleased to support the area's residential and commercial real estate needs by bringing the most resources available with a pleasant family run atmosphere. More information is available at http://www.adamscameron.com.

  

For more information, contact:

John Adams

General Manager

Office: (386)253-8044

Fax: (386)253-8944

johnadams@adamscameron.com



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