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Interesting how intelligent buyers are today, agents who do not recognize the facts are doomed to fail. A client was in my office the other day showing me the Wall Street Journal and the map of troubled real estate markets across the nation, now of course almost the entire coastline of Florida was in black which indicates trouble. For the good news, there was one white little square which was central Brevard County. I believe we can thank waterfront property for this anomaly. Basically there are very few areas which have the varied type of waterfront homes we have in Brevard.
The number of good buys are too numerous to focus on a few. With the exception of resale oceanfront condos of which the inventory is actually down, you can almost always find a home suited to your desires within your price range.
Our local paper over the weekend wrote that Sep marked the 4th month in a row that the number of resale homes in Brevard dropped however we were still above the 2007 & 2008 figures. The Wall Street Journal reported over the weekend that Home sales in Sep rose to a 2 year high and the inventory dropped to a 7.8 month worth which is the lowest in 2 ½ years. All of this equates to the fact that a buyer today can expect to pay 2002 price for a home today.
Pick of the day!
For the serious fisherman or woman, This home is located on a point of the east side of Merritt Island which means that you can go straight to the locks at the port and be offshore in the quickest time in all of Merritt Island. Home has 3 bedrooms 2 ½ baths and sits on .36 acre with great views of open water. Home also has a pool and spa with a 3 car garage and R/V boat space. Priced at $900,000.
Jim Bagwell
Broker
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