The below graphic shows the trend since 2008 in Brevard County, Florida.
Views expressed in this blog are those of the author, Gary L. Waters, Florida licensed real estate broker associate, Bucci Realty, Inc. Melbourne,Florida.
Monday, July 7, 2014
Distressed sales still happen but not as often in Brevard County, Florida
There are still some distressed sales in Brevard County, Florida. In June 2014 about 70% of all single family homes sold were standard sales (approximately 550 of 800 sales). But the 30% of distressed sales is different than years gone by as about 25% were foreclosures. This is consistent with May 2014 when standard sales were about 75% of single family home sales and foreclosures were about 23% of the sales.
The below graphic shows the trend since 2008 in Brevard County, Florida.
The below graphic shows the trend since 2008 in Brevard County, Florida.