Sales were down on Single Family homes in Brevard County Florida in July to only 553 homes sold. Of the sold home half of them were distressed sale properties. To date we have 4456 single family homes on the market and around 27% of them are distressed homes. Median Price on homes fell from May to June at an alarming rate of 4%. We averaged around 2.5% per month decline from June 2008-June2009.
When will all this end...nobody knows...beware the rumors we are at the real estate market bottom. In Brevard we are at least a few years out from the bottom unless by some miracle the government does something to keep people from loosing their homes.
GOOD NEWS!
Sellers your home is worth more today that it will be worth in years to come, now is the time to sell your home if YOU NEED TO SELL...not a time to test the market. To see what we are doing to sell homes visit Listing With Larry
Buyers, there are some GREAT buys in this market. You just need an experienced hard working buyers agent to represent you. My wife Karen is that agent, she knows this market and how to help you make a great buy in this market, while protecting you through out the process...give her a call today! 321-693-4322 Be sure to set up your automated email search at our Brevard Home Search site!
Till next time,
Larry Fleckinger
The Fleckinger Team
RE/MAX Aerospace Realty
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