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Tuesday, June 19, 2012

Did you miss the real estate boat? This is 2012 not 2008…

I spoke with another overly optimistic buyer this afternoon.  She wanted a short sale in the Viera, Florida area for less than $120,000.

Short sales in Viera are less common at the moment with less than ten single family homes on the market (outside of any 55+ communities).   Seven of these short sale listings are priced at or above $229,000.

Inventory is down.  Many of the move in ready homes are receiving multiple offers.

Demand is going to has pushed low ball offers out of the picture.

Interest rates are very attractive.  Prices are still very reasonable.

But the inventory of homes for sale in Brevard County is not at 2008 levels nor are most sellers as desperate!

For information on homes for sale in Viera, or selling your Viera home, call me at 321-693-3850 or email me.

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