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Friday, March 04, 2011

Indigo Crossing in Viera – Distressed Properties Dominate Market in March 2011

Indigo Crossing in Viera (Brevard County, Florida) continues to reflect much of what is going on throughout Florida – distressed properties dominate the market.  As a "group," short sales and foreclosures (bank owned, REO) properties are referred to frequently as distressed properties.

Since January 1, 2011, there have been 1,030 single family residences sold in Brevard County.  Of these sales  fifty-four percent (559) were short sales or foreclosures. 

Currently there are three active listings in Indigo Crossingall short sales.  There are also two short sales under contract awaiting lender approval.

Two Indigo Crossing  properties have sold since February1st – both 1,900+ sq ft 4 bedroom homes – one a foreclosure ($160,000), the other a short sale ($150,000). [I was the seller’s real estate agent on the short sale.]

For information on homes for sale in Viera, call me directly at 321-693-3850 or email meIf you are considering a short sale, please contact me to discuss how I can work for you.

Gary L. Waters PLLC, Realtor®
Century 21 Baytree Realty, 

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