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Tuesday, June 30, 2009

The Ventura at Turtle Creek - Rockledge, Florida

The Rockledge, Florida condo community of The Ventura at Turtle Creek has been generating a lot of calls for me lately.

Do I have listings in the complex? No. Do I have buyers interested in the complex? Multiple.

It is exactly for that reason I sent letters to registered owners on units in The Ventura at Turtle Creek in search of sellers!

Sure there are a few units for sale in the complex right now. In the words of Mister Rogers, "Can you say overpriced?" OK, not all are overpriced.

There is one unit in the complex that is a short sale.

The view is not so great - parking lot! It is really close to the street so the noise may be a little bit of an issue if you are one who wants to sit on the screened patio/deck. But the price is pretty attractive ($109K). It is a short sale!

If you are interested in a Rockledge or Viera area condo, check out The Ventura at Turtle Creek. gated community, next to the almost world famous Turtle Creek Golf Course (OK, not that famous!), deserves a look. Every unit comes with either a single car garage or a carport. The club house and pool are top of the line. The buildings are 4 story however each building has two elevators!

And if you are an owner looking to sell, call me!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me at 321-693-3850 or email me.


Please check out my blog Observations of a Viera Florida Realtor.

Market Activity Phillips Landing Rockledge Florida


The Phillips Landing subdivision in Rockledge, Florida has been a hot bed of short sale activity recently. It was not that long ago, perhaps a couple of months, that over half of Phillips Landing listings were short sales!

As of today there is only one short sale listing in Phillips Landing.
But...and this is a big but....there are eight under contract (pending). Anyone who is remotely familiar with short sales is well aware that under contract is sometimes a long way from "closed."

There was one short sale that closed in early June - an 1878 square foot 3 bedroom, 2 bath 2 car garage property which sold for $143,500!
The current active short sale is a 4 bedroom 2 bath 2 car garage home with 2,057 square feet under air for $169,900. That is an attractive price for a 2005 built home on the water in a newer development near excellent schools, beaches and more!

Anyone considering relocating to Florida should consider central Brevard County. Located 45 minutes from the Orlando area, some of the top schools in the state, superb medical facilities including a new hospital being built in nearby Viera, 75 miles or so of Atlantic coastline, lots of recreation opportunities (golf, boating, cruises, professional baseball) and more!

Take a look at the planned unit developments of Viera, Suntree, the city of Rockledge, and the beach side communities and more.


Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email agent@moving2brevard.com

Monday, June 29, 2009

Spouses are like house.....

Spouses are like houses... None is perfect but pick the wrong one and it could be costly and bring much pain! That is probably not the exact quote but it is similar to something I heard on the radio yesterday morning.

I was listening to some home repair or inspection talk show guru while working in the garage and his words caught my attention. I am not sure if he was speaking from experience or repeating something he had heard! As for me, I am repeating!

Choosing the wrong house can be undone at some point. But no one wants to deal with it. And when it does come time to sell, you will have to put a positive spin on it!

When shopping for a new house do your research! Things to consider (although not all inclusive) include:
  • Neighborhood
  • Schools
  • Commute times to work
  • Tax rates
  • Rules - as in homeowner and condo associations!
  • Mortgage interest rates
  • Recreational venues
  • Churches
  • Crime rate
  • and anything you think is important!
Do your research. How do you conduct your research? Use your real estate professional. Use the Internet. Check with local law enforcement agencies. Talk to neighbors. Knock on doors and ask questions. You do not want to deal with a bad choice!

If you are buying or selling in the central Brevard County Florida area, please give me a call. Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. I can be reached directly at 321-693-3850 or by email at agent@moving2brevard.com.

Please visit my blog Florida homes for sale.

Dealing with REO/short sale properties in your neighborhood...


I would guess that most neighborhoods have at least one property that has been foreclosed, abandoned or otherwise vacated during this real estate downturn.

How do you handle or respond to these vacant homes in your neighborhood?

Remember buyers are buying a neighborhood - not just the home! I must admit that my street has a few of these. After all, when prices got so high it was bound to happen - flips, flopped!

Let's see...

You can now feel OK about your dog doing his business in the vacant yard, right? Not!

Or you could respond like my neighbor and pay the lawn guy to cut the abandoned property yard so as to maintain the neighborhood appearance.

Neighborhood pride does still exist in Rockledge, Florida!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, serving buyers and sellers in the Brevard County Florida area.

Read my blog Brevard County Florida Homes for Sale.

Sunday, June 28, 2009

The Bigger Sucker Theory - Is it real?


I like to review listings on Craigslist.com. It is interesting the things you will find posted for sale.
I see items with prices that leave me in total disbelief.

Would someone really pay $100 for a three mega pixel digital camera?

Would someone really pay $20,000 or $50,000 above the market price for a house?

I am not an expert on digital cameras but I do know that a ten or twelve pixel digital camera is not a lot more than the price of that three mega pixel used camera?

I do consider myself an expert on houses for sale in my market, especially the Viera, Suntree and Rockledge Florida areas. I know that any FSBO seller that believes they can get above market price for their home is wrong.

I heard it said before that there is always a bigger sucker out there. Was it P.T. Barnum that remarked about a sucker being born every minute or something like that? Well, there are very few in this real estate market, I assure you. Why?

The answer is simple - information. Information from Internet research, real estate agents, publications, tax records and other resources.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, serving the real estate needs of buyers and sellers in Brevard County Florida. I can be reached directly at 321-693-3850 or by email at agent@moving2brevard.com.

Keeping Priorties in Perspective

I attended my family reunion yesterday in Lake Butler, Florida. I had been unable to attend for a few years but I decided to head north a few hours and check in with the family this time. Why?

Because ones priorities must be in order to keep life in balance.

A few months a go I attended the funeral of a cousin. She was 45 years old. Two weeks ago I attended the funeral of one of my friends. He was 56 years old.

Life is not always easy. You must know what is important.

So yesterday I visited with my aunts, uncle, cousins, and even some unknown relatives. I saw my brother and his family from North Carolina. I saw my sisters and their families. I saw relatives I had not seen 10 years!

I made it home last night very late. But it was well worth it.

Take some time when the opportunity presents to spend some time with family. Work will wait - until tomorrow!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me for your Viera, Rockledge and Suntree Florida real estate needs.

Read my blog www.brevard-homes-for-sale.com.

Friday, June 26, 2009

Brevard County - Hot!

It is Florida in June. Florida in June is hot. No surprise there.

The Brevard County Florida housing market is hot. A bit of a surprise there? Not really.

Prices have dropped for some time. Now the median price for a single family home in Brevard County is $123,700 (resales). That is a 24% drop over the same time last year.

I am sure the short sale market continues to impact pricing. Although prices have continued to drop the recent increase in interest rates has an off-setting effect.

Pricing is king when selling anything. Sellers know it; buyers expect it.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge , Florida. Your central Brevard County (Viera, Suntree, Rockledge, Melbourne, Merritt Island) Realtor of Choice.

Read my blogs Observation of a Viera Realtor and Florida Homes for sale.

Tuesday, June 23, 2009

Seller Motivated – Melbourne Pool Home


Yesterday was almost a hundred degrees in Melbourne, Florida. What makes a day more tolerable when it gets so warm? A pool, of course!

Timing is what real estate is all about. If you have time you could hop over to the beach or swim in your own pool. Don’t have a private pool?

Lucky for you I have the great 2001 4 Bedroom/2 bath Viera home with a screened enclosure, solar heated [winter comes] inground pool for only $198,900!

Features built-ins, ceiling fans (5), walk-in pantry, 20 inch ceramic tile in foyer, kitchen and family room and more. Trussed porch. Master bath has garden tub and shower. Hurricane shutters, security system, inside laundry room. All appliances stay!

Close to I-95, Avenues Mall, restaurants, excellent schools including new Viera High, Space Coast Stadium. Exceptional Value in an exceptional location. Located in the Bayhill subdivision of Viera, east of I-95, near the Viera East Golf Course at 2397 Deercroft Drive.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me for your real estate needs in central Brevard County Florida, especially Viera, Suntree, Baytree Golf Community and Heritage Isle!

Monday, June 22, 2009

Selling Your The Ventura at Turtle Creek Condo?


If you are considering selling your condo located at Rockledge, Florida's The Ventura at Turtle Creek complex, please let me know. Perhaps you are a FSBO at The Ventura at Turtle Creek and I have not found your advertisement?

I have buyers who have been looking and are ready to purchase. Your unit (view, price, etc) may not be an exact match but you will never know unless you let them know about it.

Send me an email at agent@moving2brevard.com or call me at 321-693-3850. Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Considering a move to Brevard County, Florida, especially Viera, Suntree or Rockledge, call me please!

Sunday, June 21, 2009

So what if interest rates go up?

If you are considering a purchase, any purchase for that matter, that will require financing then the interest rates are (or should be) an issue.

(I am real estate agent - not a mortgage lender.)

How does the change in rates impact your payment?

On a $120,000 mortgage amortized over 30 years the changes in the monthly payment are:

5.0% $644

5.25% $662


5.5% $681


5.75% $700


6.0% $719

Depending on the price range of your purchase the change in interest rates could add up to a sizable addition to your payment. Talk with your lender if you are considering a purchase. Get the mortgage in place before you call start seriously looking for that property. Get the mortgage rates locked in with a payment you are comfortable with!

Then call me if you are buying in Brevard County, Florida!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Saturday, June 20, 2009

Phillips Landing Subdivision adds Burgoon-Berger to Builders

I was reading in this morning’s Florida Today newspaper that Burgoon-Berger Construction Company was now planning to build homes in Rockledge's Phillips Landing subdivision.

Most of the homes in Phillips Landing were built by Condev Corporation who I believe developed the subdivision off Fiske Blvd around 2004 or 2005.

Another major builder in the development was Adam’s Homes of Florida. During the height of the real estate boom these homes were selling above $300,000 while starting at above $200,000.

Times have changed. As of today there are about 8 re-sales in Phillips Landing listed from $169,900 to $239,900. Of these, 4 are short sales. There are 6 other short sale homes under contract but yet closed. On June 1, 2009, a short sale sold for $143,500 – a nice price for an 1878 sq ft home!

Burgoon-Berger is projecting to build about 40 homes from about $181,000-$243,000. Burgoon-Berger has also built (and is still building) in Viera’s premier 55+ community, Heritage Isle.

For information on homes for sale in Rockledge and Viera, Florida, please contact me at 321-693-3850 or by email agent@moving2brevard.com.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Friday, June 19, 2009

What is a “short sale”?

I receive a lot of inquiries from folks who are curious about this thing called a “short sale.”  Those of us in the real estate business are very familiar (or should be) with the process.

This is the condensed version.  If you have specific questions, email me, call me…give me a chance to answer your question. By the way, if I do not know the answer, I know some real knowledgeable professionals I can refer.

First of all, a “short sale” is a situation where a property is being sold by the homeowner however the sales price will likely be less than the mortgage owed.

This situation may be the result of the tremendous drop in values over the past few years.   It may be the result of a homeowner taking out a line of equity. Regardless of the reason, the money borrowed (and owed) on the property is more than the probable selling price.

There is no finger of blame to be pointed in these situations.  Life happens. People lose jobs.  People lose a loved one who was a major breadwinner. Job transfers require a home be sold. "Stuff" happens.

If you are in central Brevard County and a short sale may be in your future – as a buyer or seller - call me to discuss how I may assist you.

Call Gary Waters, Broker Owner at Waters Realty of Brevard LLC, in Melbourne Florida., directly at 321-693-3850 or email me if I can help you sell your Melbourne, Florida home.

FIRST TIME HOMEBUYER: The decision to buy in this real estate market....

The decision to purchase a new home is a big one. For many of us, the decision to purchase a home is one of the most expensive decisions we will make in our lives.

A friend of mine once quipped that the decision to marry his first wife was the most expensive decision he ever made. I think he was referring to the alimony!

For a first time home buyer the decision to take that step is difficult.

The unknowns are plentiful while the knowns are scarce. Still, a well reasoned approach will result in the right answer.

I am not one to encourage anyone to extend themselves beyond their comfort level. Many of us have done that (or thought we had) at some point and it is not a good feeling.

So, is it a good time to buy a house in Viera, Rockledge or Melbourne, Florida? It may just be the time. And then again, it may not be. Only you, the buyer, can answer that question.

If you are considering a purchase, call me if you have questions. Sure there is the $8,000 tax credit available for first time buyers. Sure, the prices are very attractive. Sure, there are short sales available.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850.

How long does a “short sale” take?

The short answer (no pun intended) is a long time sometimes!

If you look at the Brevard MLS system you will find some very attractively priced homes. And some folks looking for deals in this market are considering selling their current homes for less so they can take advantage of buying more home now.

Many of these homes are listed as a “short sales.” In a short sale the probable selling price will be less than the mortgage so the lender (third party) will have to approve any contract.

In a short sale a lender may consider multiple offers. You may not be the only one who puts an offer on the table. In a short sale, the lender may reject all the offers.

Because of the uncertainty of closing the deal, buyers of short sales need flexibility in their schedules! It may take 60-90 days. Some close sooner; some seemingly drag on forever!

If you have the patience, a short sale may be worth looking into!

If you are in central Brevard County and a short sale may be in your future – as a buyer or seller - call me to discuss how I may assist you.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. Call me directly 321-693-3850 or email me at agent@moving2brevard.com.

Please read my blog at www.gwatersc21.activerain.com.

Wednesday, June 17, 2009

How did you let that happen to yourself?

I am the first to admit that we can’t control all things in our lives. After all, you did not choose to have that sparkling personality, did you? Anyway, I digress.

As I was driving to the office today I noticed the folks walking our 5 mile sidewalk course here in Rockledge, Florida. All shapes, all sizes. I saw a lady that was rather “large.” I thought to myself, “how did you let that happen to you?”

That is not an accusatory question.

Sellers who are “upside down” and needing to sell their homes as “short sales” ask themselves the same question. Not in an accusatory, antagonistic way.

Sometimes things happen we do not foresee.

As a youngster I was always a bit “husky.” OK, I liked to eat and it was encouraged in my family! Did I let “husky” happen? I did not know any better. [Eventually I lost a lot of weight and kept it off for about 30 years!]

Many home owners find themselves in the same situation. The mortgage rate has risen. Jobs have been lost or salary cut. Costs have crept upward. Like my "husky" issue, some did not know any better.

If you are in a situation where you need to sell your home but you are upside down, call me to discuss the possibility of a short sale.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, serving buyers and sellers along the Florida Space Coast.

Tuesday, June 16, 2009

And they lived happily ever after. The End.

It seems that fairy tales always have the same ending. After much struggle, trial and tribulation, the major character conquers all!

If only life really did mimic the arts!

But it does not.

The American Dream of home ownership became a reality for a lot of new buyers during the past three to five years. Folks were buying more house than they ever thought they could afford!

Then it happened. The adjustable rates were adjusted! The zero down loan with the very low payment went through the roof. To exacerbate the issue, job loss became an issue.

No one expected this economical "perfect storm." Thus, our "short sale" and REO/bank owned real estate market!

And, here in Florida, specifically Brevard County, we have our share of short sale properties. A few questions and answers....

Q1. How many short sale listings are active? 949
Q2. How many short sale listings sold in May 2009? 89
Q3. How many active short sale listings in Palm Bay/South Brevard? 314
Q4. How many active short sales in the Viera / Rockledge areas? 73
Q5. How many short sale listings are under contract/awaiting a decision by bank? >700

There are a lot of short sale opportunities in Brevard County (included in short sale numbers are the REO properties that have already been foreclosed). If you have the time (patience), a short sale purchase may be worth considering.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. Call me if you are in the market for a "short sale." If you are an owner who may be considering a short sale of your own home, call me, please.

Read my other blogs at www.brevard-homes-for-sale.com and www.gwatersc21.activerain.com.

Sunday, June 14, 2009

Gimmicks Sell Houses!

Over the past couple of days I have read several articles on “Gimmicks that will get your house sold!”

Let’s see what some of these suggestions are…..

Over in Orlando I saw an advertisement where you buy the house, the seller will throw in an older Rolls Royce. I believe it was in Titusville where there was this builder that would throw in a car a few months ago.

Another “gimmick” is the lease option. This is not really what I would call a gimmick but rather a legitimate technique used by many sellers. It is almost like a try before you buy deal!

Some less extreme “gimmicks” include the provision of a home warranty (I always have my buyers ask for one), the payment of closing costs (or at least some closing cost assistance), and the escrow/payment of condo fees to cover several year’s dues.

This is a competitive market and a seller has to do what they must to sell. Here is a guaranteed “gimmick” that will sell your house:

  1. Preparation. Get it in top condition before placing it on the market.
  2. Price. Make it as competitively as possible.

Do those things and you will get an offer! You will probably be asked to provide a warranty or even closing cost assistance which is OK.

Because when you are negotiating you have a chance to get it sold!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, serving buyers and sellers along Florida's Space Coast.

If you are not Disney, then Imagination will not sell your house!


I posted an article on one of my other web logs a few days ago about using photos when selling real estate. I titled the post "First we judge with our eyes."

I received several comments to that post including that including photos is real estate 101! Sure, it is a basic rule of marketing.

The fact is that unless you are Disney, then imagination is not a key marketing tool for you (or your real estate agent) to use when selling your home!


I thought about it further this morning as I was reviewing the new postings on Craigslist.com. You know even Craigslist allows searchers to exclude postings that have no images!

On Realtor.com there is the ability to have up to 25 photos appear in your listings. My office, Century 21 Baytree Realty, wants all of our listings to have the maximum photos allowed (our subscription allows 25). The Century 21 website requires a minimum of six photos.

With all these sites requiring (or allowing) lots of photos, why would a seller not insist their agent use them? If your real estate agent is not using all the photo space allowed, ask them why?

I work with buyers and sellers in the Brevard County Florida area, especially the communities of Viera, Rockledge, Suntree, Pineda, Cocoa and Merritt Island. If you are in the market as a buyer or seller, please give me a chance to be your real estate agent!

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850 or email agent@moving2brevard.com.

Wednesday, June 10, 2009

Taking the negative approach...


I was reading an article this morning by another real estate agent who uses the premise of looking for the negative in a property - not the positive.

I can understand that as a buyer you want to know what the drawbacks are about a house's layout, the neighbors, the traffic, the condition, the traffic flow in the house, etc. Some become overwhelmed by the location, price or whatever and don't consider the negatives.

I use a very similar approach when working with buyers, more frequently with first time home buyers. I advise buyers to consider three things when considering a property:
  • the "must have" [positive],
  • the "can have" [neutral] and
  • the"can't have" [negative].
This approach helps them focus on the "reality" of the property. Anyone who has ever been a seller (or a buyer) knows that sellers always focus on the positive. On the other hand I have seen some buyers who were extremely focused on the negative (while really liking the property, hoping to support a low ball offer!).

Putting it on paper sometimes helps to sort everything out.

If you are ready to look for a home in Brevard County, give me a call. If you are a first time home buyer, take advantage of the governement's $8,000 tax credit!

I would welcome a chance to discuss the process and the market. Gary Waters, Century 21 Baytree Realty, 1211 Admiralty Blvd., Rockledge, Florida.

"Supersize" doesn't work at McDonald's or in real estate!

I was reviewing listings this morning in the Capron Ridge development of Viera, Florida. Specifically, I was checking the prices on a couple of 1/2 duplex (patio style/villa) homes I had shown a couple of weeks ago.

Never lived in, these two units were built a couple of years ago, near the club house and pool, really nice....with a price drop of about $25,000 since then.

As I reviewed all the listings I noted a "higher end" home listed for about $500K. It is a large home, 3,600+ square foot, pool, three car garage. Looked nice!

And in the same development as several foreclosures and short sales (considerably smaller) listed at less than $150,000!

I have always considered it a better choice to buy a home somewhere near the mid to lower range for any neighborhood. Like a fast food meal, going "large" may be more fulfilling at the time but later on, it may cost you.

The values of the larger homes may make your smaller dwelling more desirable when you sell. On the other hand, a neighborhood of predominantly small dwellings may make your very large home less desirable when you consider selling.

Just something to keep in mind while shopping for a new home in Viera and Rockledge, Florida.

Gary Waters, Florida licensed real estate agent Century 21 Baytree Realty, Rockledge, Florida.

Brevard High Schools in Top 1500 Nationwide!


Reading my Florida Today newspaper this morning I noticed back in the "Local" section and article titled "Magazine gives five schools high marks."

It looks like Newsweek magazine has put together its annual 1,500 Best High Schools for 2009 list. It does seem like there is a list for everything. Just a couple of weeks ago I saw where the magazine "Where to Retire" had placed the local 55+ community Heritage Isle in the the top 100 retirement spots in the nation.

The top Brevard school in the rankings was Melbourne's West Shore Jr./Sr. High which moved up to 77 from last year's 205.

Other high schools in the top 15 included Cocoa Beach Jr./Sr. (189), Merritt Island High (518), Satellite High (877) and Rockledge High (1,413).

Brevard County schools are among the best in the state so this is no real surprise. Well Done!

If you are considering a move to Brevard County, Florida, please contact me if I can assist you in any way. Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Contact me by phone at 321-693-3850 or email agent@moving2brevard.com. Read my blogs at www.gwatersc21.activerain.com and www.movingbrevard.blogspot.com.

Tuesday, June 09, 2009

Heritage Isle Activity May 2009

Activity in Heritage Isle, the 55+ community in Viera, continues to move along at a steady pace. I have stopped by the builder models several times over the past couple of weeks and they seem to have a steady flow of traffic as well.

I always take my buyer clients, even if they are looking for resales, to the model homes to compare new construction prices to the re-sale prices. And some opt for the new homes and others the re-sales. (There are two builders in Heritage Isle now, Lennar Homes and Burgoon-Berger).

As of today there are about 40 single family homes active in the Brevard County Realtor's MLS system. The prices range from a two bedroom two bath short sale at $125,000 to the highest priced home , at $349,900.

There are not a lot of short sales on the market in Heritage Isle right now - about a half dozen or so!

There are 11 properties under contract so they are moving! Good news for sellers and buyers! [And, I will admit, real estate professionals as well!]

If you are considering a move to a 55+ community in Florida, then Heritage Isle deserves a look. Call me or drop me an email if I can provide you with information on any of the 55+ communities in central Brevard County, including Grand Isle, Indian River Colony Club or Heritage Isle.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. Call me at 321-693-3850 or email me at agent@moving2brevard.com.

If you know your house's floor plan, say so!


As a real estate agent in Viera and Rockledge, Florida, I have on occasion had buyers looking for one specific floor plan. Actually, I have a buyer doing that right now.

The buyer knows the floor plan. The "St. Kitt" built by custom builder Burgoon-Berger Homes in Brevard County, Florida. I have searched the Brevard MLS system for the words. No luck!

I know the model was sold in the 55+ community of Heritage Isle a few years ago. I sent an email to about 40 real estate agents with listings in Heritage Isle.

I did get a response form one agent who knew the floor plan was once called "The Nantucket." I sent her listing to my buyer clients.

They confirmed it was the plan. Bingo! I have been searching for several weeks.

The purpose of this post is:

If you are a seller in Brevard County, Florida, and have knowledge of the builder's name for your floor plan, have your real estate agent mention it in the MLS entry. It may get your home sold sooner!

Buying or selling in Brevard County, Florida? I would welcome a chance to discuss how I may assist you in your endeavor. Call me at 321-693-3850 or email me at agent@moving2brevard.com.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Friday, June 05, 2009

Grand Isle, 55+ community Viera Market Activity May 2009

Due to a lack of space I could not make the headline read as it should:

Grand Isle, an active lifestyle community located in Viera, Florida (north Melbourne, just south of Rockledge), continues to stay active [pun intended] as prices stay attractive.

As one central Brevard County's choice retirement communities, the Lennar built gated community continues to attract buyer interest.

As of today, there are 9 properties actively listed in the Brevard MLS system. Prices range from $189,900 (3 bedroom 2 bath 2,198 sq ft) to a high of $299,000 for a 4 bedroom 3 bath 2,446 sq ft). Some of these homes are large, some are in the 1,500 sq ft range - something for your taste!


As of today there are 3 properties under contract while one closed in May 2009. Interesting there are no "short sales" in Grand Isle but you will find some in Viera's other premier 55+ community, Heritage Isle.


If you are considering a 55+ community in Florida, do not fail to check out Heritage Isle as well as Grand Isle. It may not be a Caribbean Isle but it isn't bad!


Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850 or email me at agent@moving2brevard.com.

Thursday, June 04, 2009

Market Report Phillips Landing Subdivision Rockledge Florida

House It looks like “short sale” seems to be the dominant trend in Phillips Landing real estate activity!

As of today, June 3, 2009, there are 9 houses listed for sale in Phillips Landing.

Of the 9 active listings just over half (5) are short sales. There are two other short sale listings that are under contract. Short sale closings do take time, at least 60 days or more, so when (and a big “if”) they close is anybody’s guess!

There was one short sale that closed in May 2009 – an 1848 square foot home for $155,000. Folks, that is just above $80 a square foot!

Prices for the active listings range from $155,900 (3/2/1878 sq ft) to $239,900 (4 BR/2.5 bath/2440 sq ft). The choices are plentiful. Additionally the builder is still building and there are some new homes available.

[ A word of advice – if you are interested in new construction, get yourself a real estate agent BEFORE you visit the model home center. Remember, the agent on duty represents the BUILDER; your agent represents YOU! ]

If you would like information on homes for sale in Rockledge or the neighboring community of Viera, please contact me by phone or email. I would welcome a chance to assist you in any way.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850, email agent@moving2brevard.com.

Brevard County, Florida is not Los Angeles, California!

This is not a geography lesson – I promise!

Yesterday I was speaking to some folks who were leaving Brevard County, Florida after two years. The wife was originally from Los Angeles. They were moving to Dallas, Texas.

The reason – things in Brevard County, Florida (specifically the Suntree and Viera areas) are just too slow.

I will admit the pace of life here is slower than the mega-population centers of the United States. Things are a bit more fast paced in Orlando or Miami but most people moving here are not in search of hectic lifestyles.

Rather they look for the beaches, pleasant winters, ease of travel, recreational opportunities like water activities and golf.

Some are looking for a quality educational system for their children.

Some business leaders and entrepreneurs are looking at the absence of a state income tax!

Some are looking for a great place to retire like Heritage Isle in Viera which was just named to the top 100 places by “Where to Retire” magazine.

So, here is a map for those considering relocating to Florida and need to know where Brevard County, Florida is…

The Florida lifestyle may not be for everyone but if it is for you, call me!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850, email agent@moving2brevard.com.

Wednesday, June 03, 2009

Brevard County Florida Residential Market Trend May 2009

March-09April-09

May-09

Average Listing Price

$168,401$156,812$171,337
Average Selling Price$153,521$146,313$158,735
List to Sell Ratio91%93%93%
Median Selling Price$129,000$129,900$123,000
Units Sold581547577

The above data represents the April 2009 - May 31, 2009 residential sales data as reflected in the Brevard MLS system. The figures are not guaranteed as the accuracy depends on the timely and accurate entry of sales data.

If you are considering buying or selling residential property in Brevard County, Florida, 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. Call me at 321-693-3850 or email agent@moving2brevard.com.

Tuesday, June 02, 2009

Brevard County Housing Market Heating Up


It is now June so things should be heating up in Brevard County, Florida! School is out. Vacations are being planned. And properties are selling.

I have been busy over the past week working with several buyers who are recognizing the value in this market.

A quick check of the May 2009 sales numbers for
Brevard County reveals 665 units closed during the month. Of this number approximately 120 units were condos or town houses.

These numbers appear to be pretty consistent with last month's sales figures. And, according to the National Association of Realtors, the number of pending home sales in April was up and at its highest level in 8 years.

Although interest rates remain very low the rumors abound that rates will rise in the future. Predicting the future is for clairvoyants, economists and talking heads! Of which, I am none!

I will be working a more detailed market report over the next couple of days. Right now, buyer clients in the Viera and Suntree areas of Brevard County are my priorities! I really do love putting these buyers and sellers together!

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email me at agent@moving2brveard.com.

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