I let her know it was different this year than last year just as it will likely be different next year.
A year or so ago there were so many unknowns with the pending end of the space shuttle program. That happened. Brevard County has survived.
How is the market?
It is normal – for today.
- Normal in that the inventory is much smaller now.
- Normal in that the rental rates have increased and drawn more interest from investors looking for rental properties.
- Normal in that the number of short sales and foreclosures is less than in the past.
But it is a new normal.
But don’t get used to it as the tomorrow's normal may be different.