If Fannie Mae is to be believed then 2012 may be the year to buy a home according to a consumer survey from March 2012. It seems more Americans expect an increase in rental prices and home purchase prices in 2012.
On the surface I believe optimism has to be there among consumers...otherwise folks would be tempted to just give up.
Because results like these are always lagging the Brevard County real estate market will bottom long before you realize the bottom has come and gone.
Residential inventory is down in Brevard County. Rental inventory is down with rising demand and prices. Interest rates are still low.
So maybe this is the time to buy a home. Maybe this is the time to consider buying residential rental properties.
Or maybe not…only you know your circumstances.
If you have decided to consider buying a new home in Brevard County, Florida – let me help you.
It has been a long haul from the ridiculous price escalation and easy mortgages…..back to a future in home ownership, a reality.