Brevard Real Estate Blog

Hello Everyone,

Just wanted to update you on the Brevard Real Estate Market.  Right now there are around 7500 single family homes for sale here in Brevard County Florida.  In the month of November 324 homes sold...that is about a 4% absorbtion rate...or around a 23 month supply of single family homes if NO other homes come on the market.

Just today the Feds cut the interest rates another .25% trying to hold off a recession.  A recession in my opinion brought on by the heavily declining real estate market...do not be fooled by foolish people who are saying things are "getting better".  They are not getting better now and probably will not be better for quite some time until all the lender fallout and foreclosures have ran their course.

Good new is it is a GREAT Buyers Market with a lot of homes to choose from an if you have the right realtor, (The Fleckinger Team) you will make a good buy on a home right now!

Happy Holidays,

Larry Fleckinger
321-693-0771
www.BrevardHomeSource.com

Here is some great information on the latest govenment effort to hedge off foreclosures.  If you own Brevard Real Estate and are facing forclosure, you may want to visit both of the links below.  One of them is about the Mortgage bailout and the other is from a local Attorney who talks about the options you have if you are facing forclosure.

http://www.mortgagenewsdaily.com/1272007_ARM_Freeze.asp

http://www.aboutbrevard.com/sound/ShortSalesBrevard.html

If you have any questions or if I can help you in any way please feel free to give me a call at 321-693-0771

Larry Fleckinger