pcs relocation package: Patrick AFB - Brevard County FL - Real Estate Market Report: UPDATED 7/1/11 - 07/06/11 07:10 AM
 
This article is part of "The Patrick AFB Online Relocation Package".
   
UPDATED 7/1/11
 
 









Home Values In Brevard County FL, "Florida's Space Coast":
Distressed properties (foreclosures / short sales) continue create downward pressure on home prices. From the peak prices in 2005 to the end of 2nd quarter of 2011 the median price for residential property has declined by about 54%*.
 

 
The second quarter showed a 22% increase in the median price for homes sold compared to the first quarter of this year. That increase was … (0 comments)

pcs relocation package: Patrick AFB - Brevard County FL - Real Estate Market Report: UPDATED 1/1/11 - 01/19/11 07:12 AM
 
This article is part of "The Patrick AFB Online Relocation Package".
 
UPDATED 1/1/11
 









Home Values In Brevard County FL, "Florida's Space Coast":
Distressed properties continue create a lot of downward pressure on home prices. From the peaks in 2005 to the end of fourth quarter of 2010 the median price for residential property has declined by 57%*.In 2010, according to MLS data, 46% of all the residential properties that sold in Brevard County were distressed. (27% foreclosures and 19% short sales)
In the past two years the home value declines have not been … (0 comments)

pcs relocation package: 1723 Sun-Gazer Drive, Viera FL offered at $159,900 - 12/17/10 06:44 AM
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pcs relocation package: 2011 BAH Rates - Patrick Air Force Base - 12/17/10 05:58 AM
This article is part of "The Patrick AFB Online Relocation Package".

 
The new Patrick AFB BAH rates for 2011 are now available. In general, the allowance is lower than in 2010, reflecting the decline in housing prices in the area.
2011 BAH Rates - Patrick Air Force Base

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pcs relocation package: Patrick AFB - Brevard County FL - Real Estate Market Report: UPDATED 10/1/10 - 10/28/10 08:43 AM
UPDATED 10/1/10

 









Home Values In Brevard County FL, "Florida's Space Coast":
 

Distressed properties continue create a lot of downward pressure on home prices. From the peaks in 2005 to the end of third quarter of 2010 the median price for residential property has declined by 58%*.Prices remained relatively stable throughout 2009 , but the increase in distressed properties (foreclosures and short sales) in 2010 has pushed prices to new lows. Of the 4,916 residential homes that sold in Brevard County since the start of 2010, 47%* of those … (0 comments)

pcs relocation package: Patrick AFB - Brevard County FL - Real Estate Market Report: UPDATED 4/1/10 - 04/15/10 06:16 AM
 
UPDATED 4/1/10

 
 


 
 
Recent History of Home Values In Brevard County FL, "Florida's Space Coast":
 
Brevard County like most of the country has not been immune to the decline in home prices. Distressed properties put a lot of downward pressure on home prices. From the peaks in 2005 to the end of first quarter of 2010 the median price for residential property has declined 52%*. After prices remained relatively stable throughout 2009, prices appeared to have taken a dip the past two quarters, although not as sharply as in the past few years. Is … (0 comments)

pcs relocation package: Patrick AFB - Brevard County FL - Real Estate Market Report: UPDATED 1/1/10 - 01/05/10 04:59 AM
 
This article is part of "The Patrick AFB Online Relocation Package".UPDATED 1/1/10
Recent History For Home Values In Brevard County FL, "Florida's Space Coast":
Brevard County like most of the country has not been immune to the decline in home prices. Distressed properties put a lot of downward pressure on home prices. From the peaks in 2005 to the end of 2009 the median price for residential property has declined 49%*. Up until the beginning of 2009 the pace of the decline had been rather dramatic. But since the start of 2009 prices have been relatively stable. have we hit bottom? I … (1 comments)

pcs relocation package: Patrick AFB Relocation: 2010 BAH Rates - 12/17/09 07:02 AM
This article is part of "The Patrick AFB Online Relocation Package".

The new Patrick AFB BAH rates for 2010 are now available. In general ,there was a slight increase over last year. Interest rates are at all time lows, there is a homebuyer  tax credit, and home prices in Brevard County seem to have stabilized. It appears that 2010 might be one of the best buying opportunities in years.
2010 BAH Rates - Patrick Air Force Base
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pcs relocation package: Homebuyer Tax Credit Extended - Some Military Personnel Extended Till 2011 - 11/06/09 07:23 AM
The President signed the bill to extend the homebuyers tax credit. The bill not only included an extension but also added credits for "non first time homebuyers".The $8000 first time buyer credit was extended to purchases made from January 1st, 2009 - April 30th, 2010. The original expiration date was November 30th 2009. The credit is available to individuals that did not own a principle residence in the United States 3 years prior to the purchase of a home.The new provision in the bill includes a credit for people that have lived in their former home for an extended period. If you purchase a new home and … (0 comments)

pcs relocation package: Viera, FL - Brevard County's Newest Town - 10/26/09 08:35 AM
This article is part of "The Patrick AFB Online Relocation Package".Many families PCSing to Patrick AFB, end up finding their home in Viera. I think some of the main reasons are that Viera has a lot to offer and it is within a reasonable commute time to the base (15-25 minutes).Viera is a master plan community that started home building in the early 90's and is still building today. Currently Viera has about 19,000 residents and when it is completed will cover about 22,000 acres. It has a large variety of homes starting just under $100,000 up to $1,000,000+ all within a few miles of … (0 comments)

pcs relocation package: Patrick AFB Relocation: How about a free $8000? - 02/20/09 06:57 AM
This article is part of "The Patrick AFB Online Relocation Package".
 
Wow!!! For those of you PCSing to Patrick AFB in 2009 there is a huge benefit that just got passed in the stimulus bill: $8000. The fully refundable, $8000 (or 10% of the purchase price, up to $8000) is a tax credit for first time homebuyers that purchase a home between January 1, 2009 and November 30, 2009.Update: This program has been extended until April 30th 2010.Here are the details:
What is a first time homebuyer? Someone who has not owned a principle residence in the past three years. So … (0 comments)

pcs relocation package: Patrick AFB Relocation: Disney's Armed Forces Salute 2009 - 01/07/09 07:14 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


Once again this year Walt Disney World is offering their Armed Forces Salute. It is a great deal for active and retired US Military. Disney World is only an hour trip from Patrick Air Force Base, and it is a deal that many service members should explore.Here are the details from the Disney Website:
"Through December 23, 2009, each active or retired member of the U.S. military may obtain one complimentary 5-day "Disney's Armed Forces Salute" ticket with Park Hopper® and Water Park Fun & More options. This … (1 comments)

pcs relocation package: Patrick AFB Relocation: 2009 BAH Rates - 12/19/08 08:16 AM
This article is part of "The Patrick AFB Online Relocation Package".

The new Patrick AFB BAH rates for 2009 are now available. There was a slight increase over last year and with the possibility of interest rates dropping to all time lows in the near future, 2009 might be one of the best buying opportunities in years.
2009 BAH Rates - Patrick Air Force Base
 
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pcs relocation package: Patrick AFB Relocation: Is A No Down Payment VA Loan A Good Idea? - 12/02/08 07:57 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


Many, if not most of my clients decide to use their VA benefit and go with a VA loan and for many reasons it's a great idea. Also many decide to do a 100% financing VA loan (no down payment) and I think that is a great idea too, but one that involves some risk.One of the biggest advantages of a VA loan is that you can still do 100% financing. With all of the recent problems is the mortgage industry, 100% financing which was readily available a few years … (2 comments)

pcs relocation package: Patrick AFB Relocation: Insuring Your Home - 11/20/08 06:32 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


There are many myths about buying homeowners insurance in Florida. I've had many clients tell me that they have heard that it is very expensive and that you might not even be able to get insurance.First, I can equivocally state that if you decide to purchase a home in the area you will be able to get it insured.Now, is homeowners insurance expensive on the Space Coast? Well that's a relative question. Compared to other areas of the country it is, but due to various legislative actions … (2 comments)

pcs relocation package: Patrick AFB Relocation: What is a Short Sale? - 09/29/08 07:31 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


When looking for a home on the various online home search sites, you will inevitably come across the term "short sale". I have had many clients contact me and ask what that term means. Many of my PCSers are under the impression that a short sale will take a "short" time to complete and since they are very interested in getting into a home quickly, because they will be staying in temporary housing or a short term rental while they look for their home. The truth is that … (0 comments)

pcs relocation package: Patrick AFB Relocation: How Much Are My Property Taxes? - 09/18/08 01:41 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


One question that I will inevitably get asked when showing homes to a customer is, "What are the property taxes going to be on this property"? It seems like there should be an easy and straightforward answer. After all, the listings on the local MLS and national websites have the current property taxes displayed prominently. One would assume that the taxes would be around that figure. That could be a very expensive assumption.
Due to various constitutional amendments and laws, I feel Florida has created one of the most convoluted and confusing tax systems … (3 comments)

pcs relocation package: Patrick AFB Relocation: A Shopping Trip To Viera - 08/06/08 09:01 AM
This article is part of "The Patrick AFB Online Relocation Package".
 


By no means am I a shopper and I would rather stick needles in my eyes then to spend an afternoon at a "mall", but close to Patrick AFB is a new outdoor shopping complex called The Avenue- Viera. It is located on the west side of Viera and about twenty minutes from the base and if I have to spend an afternoon at a mall, this is the one.
 

 
 
 
There are over 80 stores and restaurants that cover the expansive outdoor complex … (0 comments)

pcs relocation package: Patrick AFB Relocation: A Trip To The Beaches - 06/23/08 05:01 AM
This article is part of "The Patrick AFB Online Relocation Package".
 
One of the best things about a relocation to Patrick AFB is the 72 miles of coastline. The beaches here are some of the best in Florida, and directly across from the base are some of the nicest beaches in Brevard County.The Brevard County Parks and Recreation Department runs 13 ocean beach parks as well as 42 beach access sites. In addition to these parks many cities run their own beach parks too. Many of these parks have restrooms, showers, picnic areas, and playgrounds.The Cocoa Beach Pier is a … (2 comments)

pcs relocation package: Patrick AFB Relocation: *** FREE *** Discover The Space Coast - DVD - 06/18/08 08:26 AM
This article is part of "The Patrick AFB Online Relocation Package".
 
 
I am very excited to offer a new FREE premium offer on my website: The "Discover The Space Coast" DVD. It is a professionally done video tour that is over thirty minutes in length. It will take you on a tour of the areas surrounding Patrick Air Force Base, highlighting shopping, schools, parks, and various local points of interest.
The areas of Melbourne, Palm Bay, Viera/Suntree, Indialantic, Melbourne Beach, Satellite and Indian Harbour Beaches are all covered. It truely is a fine production and almost a must have for those of you PCSing to the area. It will give you a … (3 comments)

 
John S. Murphy, Specialist - Patrick AFB (RE/MAX Elite)

John S. Murphy

Specialist - Patrick AFB

Patrick AFB, FL

More about me…

RE/MAX Elite

Address: 6022 Farcenda Palce, Suite 101, Melbourne, FL, 32940

Office: (321) 775-8090

Mobile: (321) 626-0247

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John's Blogs: ● Informational articles and guide for relocating to Patrick AFB.


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