![]() |
Brevard County FL Real Estate Sandy Shores, REALTOR® www.SandyShoresMelbourne.com I Also Buy, Sell, Rent, Own & Manage Investment Property 321-253-4545 or 321-733-6080 |
||||||||||||||||
According to Brevard County Clerks Office – statistics for Brevard County:
No one can truly predict where this market is going. None of us has every really been through a market like this before. The projection is that prices are going to continue to adjust to today's market, as additional properties drop into foreclosure. Will prices in the Summer and Winter of 2008 will be lower than they are today? Or will they have started upward again? No one knows for sure. Many sellers are holding out for prices that they paid at the peak of the market in 2004-2006. Unfortunately, I'm afraid those artificially over inflated prices are a thing of the past. Many of the homes that were purchased during the buying frenzy (2004-2006) were overvalued. Buy or wait? According to the Florida Association of Realtors it's a great time to buy. There are many positives in today's market. What we must keep in mind is that interest rates are still historically low. When will they start heading upward? There is a large supply of homes for sale. Florida passed Amendment 1, to bring your tax base with you. But, the real question is…how did we get here? Stay tuned... I’ll talk more about that in next month’s issue of my newsletter, Home Again!
|
|||||||||||||||||
![]() |
|||||||||||||||||
|
Sandy Shores, Brevard County FL Real Estate Residential, Investment, Short Sale, Foreclosures & Relocations M & M Real Estate, Inc.2851 NE Palm Bay RoadMelbourne / Palm Bay, FL 32905 321-733-6080 or 321-253-4545sandyshoresmelbourne@hotmail.com Brevard County Florida Real Estate - Florida Space Coast Melbourne Florida Real Estate and the surrounding areas, West Melbourne Real Estate, Palm Bay Real Estate, Suntree Real Estate, Viera Real Estate, Rockledge Real Estate, Satellite Beach Real Estate, Indian Harbour Beach Real Estate, Indialantic Real Estate & Melbourne Beach Real Estate I Also Buy, Sell, Rent, Own & Manage Investment Property Happiness is People Like You!
|