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Brevard County existing-homes sales have jumped 15% from this time last year while prices continued to fall. Last year this time only 430 homes were sold compared to 494 this past month. So buyers are out there buying again. Reason being is that the median home price fell from around 200k to around 155k. The Florida Association of Realtors is reporting a 4% drop in the sale of homes with a 20% decline in values.
“Despite economic uncertainty and the start of the school year, which impacts August home sales, a number of Florida’s metro areas continue to report an upswing in housing activity,” Chuck Bonfiglio, the current president of the Florida Association of Realtors said in a statement. Florida Today. Realtors are getting abck out there and helping buyers any way that they can, especially with the short sales and bank owned properties. Thats where a Realtor is almost a nessecity as most buyers dont have a clue as to how the process works when dealing with a bank owned property. Realtors have an up hill battle when dealing with the banks, and its in the best interest of sellers and buyers to seek the knowledge that a FULL TIME Realtor brings to the table. When prices are low, its time to buy. I dont advise anyone trying to do it all by themselves, because the last time I checked we dont do our own dentist work, and we dont do our own surgery, so why not get a Realtor to help you at no cost find you a great property. Check out our FREE BUYER SERVICES.
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