BrevardRealEstateBlog

Well in the month of July there were just under 6900 single family homes for sale in Brevard County and of that 6900 there were still around 2200+ Distressed sales that were in the Brevard MLS.  I believe that are many more distressed sales hidden in the balance…people who do not yet know they are “a distressed sale”.  The good news is sales in July were a 458 on down 3 from June sales of 461.  The overall market value is continuing to slide and the average cumulative days on the market are around 153. 

More articles about the Real Estate Market…

Where Housing Prices Tumbled Last Quarter

Fort Myers, Florida also took a big dunk, losing 33.1 percent of its housing value. Other cities joining the decline: Riverside/San Bernardino-Ontario with a -32.7 percent; Los Angeles/Long Beach with -29.5 percent; Anaheim/Santa Ana …

Home Prices Fall Further, But Sales Start to Rise!!!

Several Florida regions that saw big price gains during the recent housing boom have fallen sharply with the Gulf Coast city of Ft. Myers clocking a 33.1 percent drop in values. Tampa-St. Petersburg saw prices decline 18.8 percent in …

Everything We Knew About Real Estate Is No Longer True

That house was (worth) $300000. Nobody buys no more.’” The Herald Tribune from Florida. “My recent column about the war of words between the presidents of the state’s banking and mortgage-broker trade associations brought this reaction …

Ok, the Bill was passed and if you  are a first time buyer, it is time to get off the fence!  You have been graced with a one time Tax Credit of $7500 if you purchase a home from April 9, 2008 to July 1,2009.  NOW is a GREAT time to buy!  Not only do you get a Tax Credit, you will also make the purchase of a lifetime in a great buyers market, plus you will be doing your part to help stimulate our economy and on top of that you will be starting to build long term wealth and be ready to make a fortune when the next real estate bubble comes around.  Learn more here: FederalHousingTaxCredit.com   Give us a call and let the Fleckinger Team put use their 18+ years of helping buyers and sellers to work for you!  Karen and I are life time residents of Brevard County and will help you find the home that fits your needs.  Give us a call at 321-433-1323 or send us an email at realtorkaren@cfl.rr.com .

Have a great day,

Larry Fleckinger

Here is an interesting article I found in Forbes.  I shows the top areas that foreign investors are looking to invest here in the US.  Of course this is due to the declining value in the dollar.  Unfortunately I did not see Brevard County on the list.  Bottom line here is that it is a good time to buy  even though the market is continuing to decline.    Check out all the links within this article too, some great information!
Top Real Estate Investment Areas in the US
 

I finally found a great article that sort of explains how this new bill, the Housing Rescue Law, Hope for Homeowners Act for 2008, is going to work…click on the link below to get some good information. I for one believe it sounds good but I think the lenders will pick and choose and many people will still loose their homes…you read it and see what you think and let me know your thoughts.
Click Here to learn all about the new Bill!

If you need to talk with a knowledgable professional about your situation please give me a call at 321-433-1323 or visit our web site www.ShortSalesBrevardCouty.com

Have a good one,

Larry Fleckinger
Realtor - Re/Max Aerospace Realty
Brevard County Florida