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It's been a rather slow winter down here on the Treasure Coast, we had a number of tire kickers, lookie lous and of course the tourists that come through wanting to live in Florida but aren't sure which coast they want to live on. At least we had some folks to talk with, even though they were not ready to buy.

That seems to have change in the last 6-8 weeeks, and it is almost raining buyers. My team averaged a contract every 4 days last month, and it looks like we will beat that this month if the trend holds.

Our market is primarily residential neighborhood homes, median price around $200k. The buyers are coming in and grabbing the quality homes that have been priced below that range and are walking away with some really good values for their money. While we still have 2+ year inventory of homes, we have a long way to go before we can claim a seller's market. MOst of these homes are priced above market, and many have been in the market for over a year, with the sellers refusing to lower their prices. The bottom line is that when a home is priced to the current market conditions, it will sell. There will always be buyers at the right price, and a couple more just walked into my office!

 

 


Scam artists
Brad White (Coldwell Banker Ed Schlitt)
Just wanted to take a minute to inform folks about a "little" scam that is going around. A couple of weeks ago I received an e-mail from what appeared to be a foreign national inquiring about purchasing a home in my area. It was written in…
The Treasure Coast
Brad White (Coldwell Banker Ed Schlitt)
We have a family team here on the Treasure Coast of Florida, and welcome any referrals you have to send our way. We make our homes in Sebastian, and deal with any of your clients real estate concerns in Indian River County or southern Brevard County…
The Politics of annexation
Brad White (Coldwell Banker Ed Schlitt)
Over here in Indian River County we have a little struggle going on, and htere is some question if any one can win the battle, muc less the war. The struggle is over who in the county is actually going to decide what is the best development track…
If not now....
Brad White (Coldwell Banker Ed Schlitt)
As I look over the real estate market in Indian River County, the question I have to ask buyers is: If not now, when? There are just so many homes on the market today, with anxious sellers ready to make deals, and very few are buying. Mortgage rates…
Indian River County Market Report
Brad White (Coldwell Banker Ed Schlitt)
Indian River County is centrally located on the Eastern seaboard of Florida. It is just 75 miles south of Kennedy Space Center and 135 miles north of Miami, the county contains 543 square miles with beautiful beaches, immaculate ocean and river…
 

Brad White

Sebastian, FL

More about me…

Coldwell Banker Ed Schlitt

Address: 1209 US Highway 1, Sebastian, FL, 32958

Office Phone: (772) 388-6295

Cell Phone: (772) 766-2521

Email Me



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