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Saturday, May 21, 2011

Higher energy costs: Influencing Buyer (and Seller) Behavior

I just read an article that reported buyers are changing their buying habits because of the price of gas.   I am sure that is the case in many of the major metro areas where commuters have traditionally taken the long trek daily into the cities.

Such is really not the case in Brevard County, Florida – the long trek, that is.

Although I know a few folks who commute to/from Orlando (40 miles or so) daily, most folks here can easily choose to live within a few miles (or 15 at most) of their workplace.

Many of my clients are looking in the areas of Rockledge, Suntree and Viera for their new home, especially folks looking at the 55+ communities like Heritage Isle.

In the Viera and Suntree areas gas prices are probably not a big influence.

Rather buyers choose Viera and Suntree for things like the new shopping,  the new Viera Hospital, several excellent nearby golf courses including the new Duran Golf Club, excellent neighborhood schools, beaches and more.

Viera is home to many developments with homes in all price ranges from the lower $100,000s to million dollar plus executive homes such as those in Summer Lakes.  

In Viera there is new construction, re-sale properties, gated communities, condo and town-home communities –  something to suit anyone moving to Florida!

Some choose Viera as a second home/vacation home because of the minimal commute to Orlando International Airport. And with the attractive prices investors are seeing opportunities as well!

Another draw for Viera is the higher energy costs are likely to lead buyers to seek properties with energy efficient features like the new construction with modern efficiencies!

With rising energy costs influencing buyer decisions if I were a seller in Viera and Suntree I would be checking out my home’s energy features and saving those utility bills to document the efficiencies!

In this market any marketing edge you can have is a tremendous advantage!

When you are ready to buy or sell in Viera and Suntree, call me at 321-693-3850 (or email me).  Let me be your Realtor® of Choice in Brevard County, Florida!

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