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Friday, May 01, 2009

From Greed to Grateful…What a trip!

I was speaking with a seller yesterday. Actually it was not one of my clients but rather someone I ran into at the local CVS/Pharmacy.

I knew that they had been trying to sell their home in a 55+ community for some time. They finally sold and were moving out of the area.

It got me to thinking about how the real estate market in Viera and Rockledge Florida (all of Brevard County, Florida) has changed over the past 5 or 6 years.

Back in the day, sellers were moving property in a matter of days from listing. Now, the average days on the market is about 120 or so!

Back in the day, multiple offers were delivered and the final price was frequently over the list price!

Now, with so many short sales and REO/bank owned properties on the market in Viera (and surrounding communities including Grand Haven and Heritage Isle), sellers are grateful when an offer – even at 93% of list price comes in!

The road from greed to grateful has been, and can be, a long, winding, often bumpy, road!

Considering buying or selling in the Viera, Florida area, please give me a chance to be your real estate agent.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850 or email me at Please read my blog Florida Homes for sale and visit my web site at

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