brevard county real estate: Broker Open House in Rockledge Florida - 10/26/09 06:59 AM
Please join us this Thursday October 29th from 4pm to 6pm.


brevard county real estate: Brevard County Mortgage and Real Estate Market Data: September 2009 - 10/09/09 06:16 AM
Is the Market Changing?
Brevard County real estate sales continue to thrive.  New listings are down, sales are up, and interest rates are still at historically low levels.  With sales up almost 20% year over year, and inventory down about the same, it seems as though the market is moving at a fairly decent pace.  So ask the question: is the market changing?
Sales continue to show strong numbers, and inventory is decreasing.  With 79% of the sales being under $200,000, buyers are still looking for the bargains.  These "bargains" are going fast, as 37% of September sales sold in less … (0 comments)

brevard county real estate: First Time Homebuyers…The Clock is ticking… - 09/02/09 06:37 AM
First Time Homebuyers...The Clock is ticking...
Uncle Sam wants you to buy a house!  If you are a first time homebuyer, he is even willing to give you an $8000 tax credit to do so.  Time is ticking away...this deal only lasts through November of 2009.  With rates still low, many properties to choose from that are aggressively priced, it really is the time to take advantage of the deals and get $8000 from Uncle Sam.
As I have outlined before, the program is simple, however, if you have any questions, you may want to check with your accountant or CPA.  … (0 comments)

brevard county real estate: What is a short sale? - 08/01/09 07:07 AM
Simply put: a short sale is when the seller of a property owes more on the property than they are selling it for.  So if the sellers owe $200,000 on a house, and they are selling it for $150,000, then they are asking the lien holder to take the loss for the difference or the short. 
Short sales are very common in this market environment due to decreased valued.  Short sales typically take longer than regular transaction because the bank has to approve of the sale.  The approval process may be lengthy because the bank may only service the loan, and … (1 comments)

brevard county real estate: Sales are up!! - 07/02/09 05:16 AM
Single Family Residence Sales for May 2009
                The Brevard county real estate market continues to improve at a rapid pace.  Looking at the data for May 2009, sales are up 7% over April 2009.  Sales are also up over 18% year to date through May verses last year.  Sales are up, rates are low, and prices are still favorable.  This is a great time to buy a house.
                Even if you think that prices may still drop, the impending increase in interest rates will more than likely outweigh a small decrease in price (check out this article on this … (2 comments)

brevard county real estate: Interest Rates are on the rise! - 05/29/09 07:23 AM
All signs point to rising interest rates.  The inflationary fears have started to materialize and have affected the Bond markets.  Over the next few years, Trillions of dollars will be pumped into the economy, and many fear that this will cause hyperinflation.
Because interest rates are determined by the price and yield of Mortgage Backed Securities, when consumer confidence comes back, there will be a flight away from fixed income instruments, and towards equities or stocks.  In other words, money will stop flowing towards bonds, and will start moving towards other items that will more likely beat inflation. 
While bonds offer … (4 comments)

brevard county real estate: May’s Luxury Home Showcase was a wild success! - 05/29/09 03:20 AM
With over 25 agents attending from 10 different offices, this event was a wild success.  While giving exposure to the property is the goal, it is also nice to have a time to speak with your professional peers from a myriad of different offices.
For those who attended, thank you for previewing this spectacular property.  Please keep this wonderful home in mind when you have buyers that are looking for the very best. 
For those who did not attend, I hope to see you at next month's event.  If you did not receive an invite, and would like to attend future … (1 comments)

brevard county real estate: Luxury Home Showcase - MAY - 05/26/09 02:37 PM
This month's Luxury Home Showcase is in the exclusive Cloisters Community in Indialantic.  THis is an invitation only event, however, please contact Joe Harris if you would like to attend this or future Luxury Home Showcase events.


brevard county real estate: Opportunity Everywhere! - 05/26/09 02:26 PM
Market Data for April 2009 
After completing my market analysis for April, I continue to see that Brevard County remains one of the best values in coastal florida.  Between the rivers, and the beaches, where else can you enjoy such a high quality of life, and pay such a reasonable price for a house?
Check this out!  80% of the sales of single family residences in the month of April are under $200,000.  That means that home pricing has presented an opportunity for more people to achieve the dream of home ownership.
While the low priced sales get the majority of … (0 comments)

Joe Harris (Morgan Financial)

Joe Harris

Melbourne, FL

More about me…

Morgan Financial

Address: 2720 N Harbor Blvd, Melbourne, Fl, 32935

Office: 321(757) 357-0201

Email Me

As a Brevard County Mortgage Expert, Joe writes on all things related to the mortage industry and other related events for Brevard County, Fl.




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