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Friday, May 07, 2010

Where Are Real Estate Prices Going?

For the past several years real estate buyers have read and heard prices will decline even further. Many buyers have lost out on the "perfect house" because they felt the price was too high.

There are many who claim to have a crystal ball but somehow few are able to discern clearly what it is saying!

As a real estate buyer you need to recognize that if all the boxes are checked, then maybe it is time to buy. 
  1. Price
  2. Location
  3. ♥ the house!
  4. No repairs required (an inspection will tell you this for sure)
  5. Great neighborhood
  6. Seller willing to negotiate (your agent can get this information I bet!)
  7. Meets your time line
  8. Got the finances covered (mortgage, down payment)
As a real estate buyer when you find all the boxes checked off then maybe it is time to write the check (escrow!).

Will the price go down? Who knows?

Will another buyer come along tomorrow and think the current price is a good deal? Who knows 

I may not know the future but I do know the reality of the Viera and Suntree real estate market.

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 such as Heritage Isle, a golf course community such as Baytree National Golf Links or water front, give me a call at 321-693-3850 or email me.!

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