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Sunday, May 27, 2012

Brevard County, Florida Real Estate – Is it time to buy, sell or hold?

A rising tide lifts all boats...not sure who said that however it is absolutely true about real estate.

I have been reading a lot of positive spin about the housing market.  While it is true the prices have been rising a bit lately, is it time to get off the fence and buy a new home in Florida?

More importantly, is it time to sell your Brevard County, Florida home and buy another home?

I have spoken with quite a few home owners in the Viera, and Rockledge, Florida areas over the past couple of years who want to buy a new home because the prices are low but.... they want to wait until they can get more for their current home.

This is where the rising tide comes into the conversation....

As the prices rise they do so for everyone.

Of course the amount of increase will depend greatly on location and demand.  In Brevard County that translates, in my opinion, to the Viera and Suntree areas which are seemingly always in higher demand.

The challenge for a seller-buyer is being able to see the value in buying a larger, newer replacement home at a lower price while getting over the emotional let down of getting less when selling the current home.

Think about it...is it time to buy, sell or hold in Brevard County




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