After providing information on Viera and the schools in Viera the caller asked about new construction next year and whether the prices would be lower.
Who knows what the cost of materials, land and even the cost of labor will be next year? Who knows what the demand for new construction will be as well as any inventory homes, if any, on the market?
The current trend is for prices to increase as evidenced by the past twelve months' sales in Brevard County as provided by the Florida Realtors®..
I can only say this about home prices next year....To expect new home prices to drop considerably is likely very unrealistic!
With interest rates near historical lows and prices rising this may be the best time to buy a home in the near future. Send me an email if you are ready to buy a home in Viera, Florida.
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