Wednesday, June 3, 2009

Brevard County Florida Housing Starts Up

Amazing how the same story brings out such diverse opinions! I was just reading an article in the online Florida Today newspaper about housing starts in Brevard County. The article said things were turning a bit more optimistic from the builder's perspective.

If you are in the "business," you must be optimistic. Reading the "comments" online I see many diverging points of view. Take a read here.

The most interesting thing I noticed in the article was the reference to renters and sellers "trading places." Renters are taking advantage of foreclosure and short sale properties while those being foreclosed or short selling are now in the rental market!

Activity is picking up in Brevard County as the prices have dropped because of the excess short sale inventory. There are over 1,000 single family homes listed for sale in the Brevard MLS that require third party approval plus a few hundred more condos!

As with all things, the debate will continue - even after a complete turnaround. If you believe in the opportunities and the low mortgage interest rates, call me. I would welcome a chance to discuss what is available in Brevard County, Florida.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850 or email