Aug
30
Here is a powerful and positive little fact: sales for single family residences for Brevard County are up over 22% for July of 2009 verses July of 2008. That is an astounding year over year number. Additionally, new listings are down slightly over 20% this July verses last July. So, it looks like sales are up and inventory is down; this is a strong sign that the market is improving, and we are bottomed out. If we continue on this track, this current real estate “sale†could end.
Aug
25
The FHA is a great loan as it gives home owners a very low down payment option, allows features that conventional loans do not (a conventional loan is any loan that is not a government loan), and has historically very low interest rates. Currently the FHA will allow a loan amount up to $291,250 for a single family residence in Brevard County, Fl.
Aug
01
According to the Brevard County MLS, 30% of the single family residence sales, year to date, are marked as bank owned properties. I am not sure of the exact amount that are short sales, however, these are also dominating the market. While we may be reaching the bottom of the market, these transactions are not …
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