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Tuesday, October 27, 2009

The extremes are...uhhh...extreme!

Anything that is extreme gets attention...either because it is extremely bad, extremely good, extremely ridiculous...

Remember discussing the bell curve in math class? [Clue:bell-shaped, with a peak at the mean, and is known as the Gaussian function - thanks wikipedia]

Each morning I review the previous days activity in the Brevard MLS hot sheet. I look at the new listings, the homes sold and the price reductions.

The ones that catch my eye most often are the extremes!

And, regardless of the market (currently a buyer’s market in Brevard County, Florida) there will always be some that stand out at the extremes.

But, the reality is…

There are few good deals although a lot of reasonable prices exist!

It is important that when you look to purchase or place a property for sale you choose a real estate agent who has local knowledge – a level of knowledge that goes all the way down to your neighborhood!

A local real estate professional should be able to interpret the extremes to see where they really fall! Perhaps the property is a short sale, an REO/Bank Owned property, an estate sale or some other issue which makes it a distressed property.

Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community like Heritage Isle or Grand Isle, a golf course community like Baytree Golf Course or water front, give me a call!

Read my blog Florida Homes for Sale and visit my web site

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