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Realtors offer to help Edgewater navigate moratorium, cite local sales figures

City of Edgewater City Council · January 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Ashton Musgrove, CEO of the New Smyrna Beach Board of Realtors, told the council the association is ready to help with education and outreach after the recent moratorium and cited local listings and sales figures to explain the market impact.

Ashton Musgrove, CEO of the New Smyrna Beach Board of Realtors, addressed the council about the recently adopted moratorium and offered the association as a resource for education and community outreach. Musgrove said the association immediately shifted to educating members after the moratorium and aimed to ensure accurate information reaches homeowners and buyers. "When this moratorium passed, we immediately shifted to education," Musgrove said, noting the group's commitment to community work and training.

Musgrove provided market context: in Florida Shores there were "over 77 houses listed in our multiple listing service" at the time the moratorium passed, and the association's records showed "over 500 single family homes" were sold in Edgewater last year through their MLS. He thanked city staff members for helping educate Realtors and said the group had donated more than $40,000 to local schools and charities over recent years. Musgrove urged collaboration between the board and the city on stormwater issues and communication to ensure buyers and sellers have accurate information.