Upcoming Events

Thursday, Mar 30 at 8:00 AM - 1:00 PM
Thursday, Apr 6 at 8:00 AM - 1:00 PM
Wednesday, Apr 12 at 5:30 PM - 7:00 PM
Wednesday, Apr 12 at 5:30 PM - 7:00 PM

Vacant Houses Research Initiative

A particularly important issue has been brought to our attention over the last two years. Because of the 2008 financial crash and the resulting foreclosure crisis, there are houses in our community that remain vacant and deteriorating, which has impact on our neighborhoods, our property values, the city coffers, and the community at large. To get an idea of the scope of the problem, members of CFOB have begun researching the issue and we have created a mechanism for citizens of Ormond to report vacant houses in their neighborhoods as part of that effort. You can anonymously submit information through the Ask CFOB function on our website. Please provide as much information as you can. If you have a question and/or would like a response, please remember to include your contact information as submissions are anonymous.

 

Local Press Coverage

Zombie Houses Are Banks' Responsibility, Editorial, Daytona Beach News Journal, March 15, 2014

Ormond Group Looks to Clean up Zombie Homes, by Chris Graham, Daytona Beach News Journal, March 10, 2014

Civic Group Seeks Solution to Abandoned-House Problem, by Wayne Grant, Ormond Observer,February 24, 2014

Civic Group Seeks Help in Effort to Identify Unoccupied Homes, by Tonya West, Hometown News, Tonya West, January 3, 2014

Civic Group Attacks Empty House Issue, by Wayne Grant, Ormond Observer, December 17, 2013

 

State and National Coverage of the Foreclosure Crisis

Here are some recent figures on the Volusia County vacancy rate.

Median Home Cost$102,400$153,800
Home Appreciation-0.95%1.62%
Homes Owned59.18%57.69%
Housing Vacant18.09%11.38%

It is worth noting that Florida leads the nation in both foreclosures and zombie houses - vacant houses in left in limbo due to the banking/foreclosure crisis.  

Abandoned Homes Haunt Housing Market 

Florida Leads Nation in Foreclosures

Florida Again Tops Nation in Foreclosure Rate

Sun Sentinel series on foreclosure crisis:

Part 1

Part 2

Part 3