Then, like most news articles, they had to let me down. The author's take - the sales happened from contracts written in July and August before the market down turn.
We shall see.....then...
I went to the Florida Today newspaper web site to check the local headlines. Not a lot of big news in the Brevard County area but I did notice and article about how deals pushed a surge in the Brevard County housing market. I suppose there will be a big story in tomorrow morning's paper but here is the summary from the web article.
- Single family home sales rose to 430 in September over September 2007.
- Median price dropped to $153,300 from last September's $176,700 (sounds like the affordability of housing has improved!).
- Condo sales rose to 106 vs. 66 in September 2007.
It is no secret that price declines have been driving sales. And, I believe, short sales and REO / bank owned properties are driving the prices downward. Bottom line - it IS a good time to consider buying!
If you are considering purchasing a home in the Viera, Suntree or Rockledge areas of Brevard County, Florida, please give me a call. Gary Waters, Century 21 Baytree Realty, Rockledge. Florida.
Just have a question....ask - its free!