Below are some interesting articles and stats on Brevard County and the housing market that you may want to consider when selling your home. Keep in mind most of these are written by groups or organizations that benefit from “good news” so take these stats with a grain of salt as the saying goes….
The bottom line is right now, our market is LOW on inventory and HIGH on demand (a lot of buyers are looking to buy at the today’s exceeding low interest rates, but cannot find what they are looking for) which has created a sellers market…for now. What I mean to say is, we are a long way out of the housing mess and I personally feel it is being artificially manipulated by the banks who are holding off on pouring their present inventory of foreclosures on the market as well as dragging their feet when it comes to closing short sales. Beware the “shadow inventory” of short sales and foreclosure lurking on the horizon, this is an unknown you do not want to ignore.
Here’s what some economists are saying about our market
Here is another article about the Florida Market
FloridaRealtors.org has some great stats on the market you will want to read here.
There’s lots of others out there, but as I said earlier, beware of all the “good news” groups. If you remember back in 2006 they were also predicting “good news” to all.
You have to see that NOW is the time to sell your home! Don’t dally around in this market, it may “bite back” next year. If not by the “shadow inventory”, it you could be bit my an increase in historically low interest rates or another increase in loan cost which has been increasing constantly the last few years making it more and more difficult for buyers to get a loan…seller beware…
Not getting your home sold now could really be costing you thousands of dollars, don’t you owe it yourself to see what I can do to help you sell your home right now for top dollar?
HouseMax Pro Realty
321-252-9767 TXT OK