Changes are subtle but real....

I had a telephone call from a former client this afternoon. He travels frequently and had observed, upon his return, fewer for sale signs in his neighborhood.

Admittedly I can not monitor every neighborhood so I quickly checked our MLS system. Sure enough, over the past month three properties had closed and another had a contract. Sure there were three properties actively for sale but some had closed.

The prices are still down from the highs of several years ago...but change is happening. It may be subtle but it is happening.

If you are a buyer and sitting on the fence, consider acting now. There is a first time home buyer tax credit expiring November 30th.

Read my blogs Observations of a Viera Florida Realtor and Florida Homes for Sale, please!

Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community, a golf course community or water front, give me a call!

Comparing April 2008 Brevard County Florida Sales to April 2009

The sale prices of residential properties in Brevard County have fallen. A quick way to illustrate this is to look at the volume sold at several price ranges in April 2008 versus April 2009.

As the prices have fallen it is only natural to see the volume of lower priced homes increase and the volume of higher priced units decrease.

The sales volume in the above table are only for specific price ranges and do not reflect total sales volume.

Need a real estate professional in Brevard County, Florida, please contact me. I would welcome a chance to discuss how I may assist you.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Read my blogs Observations from a Viera Realtor and Florida Homes for Sale.