Well, the article caught my attention right away...it indicated that home sales are up here in Brevard County Florida.
According to the Florida Association of REALTORS the number of single family homes sold increased by 126 units from September 2007 to September 2008. This is a 41% increase in units sold.
Is this because the median sales prices of homes dropped from $189,700 to $143,900 from 2007 to 2008?.
Are buyers finding homes more affordable this year than last, thus putting more of them in today's market?
Is this the good news that Brevard County buyers and sellers want and need to hear right now?
From what we are seeing, we are working with first time home buyers, that are still taking advantage of favorable first time buyer programs.
We are also, slowly starting to see some investors sneaking their way back into the market. Some are leery of what to anticipate with the stock market.
We are also working with out of town buyers that are shopping for higher priced second or third homes.
Owners that are local and intending to stay local in the $200,000 to $450,000 are still waiting to sell their homes. Thus, that market is a bit slower. They are unable to buy something else, until they sell theirs.
Let's hope that this study is an indication of what the future holds for Brevard County sellers.
that for you
Sandy,
This sounds like awesome news for buyers and sellers in the correct price range.
Hopefully things are beginning to look up.
Ann
Hi Miss Ann, I always love the fact that you are here with me on my blog. Thanks for being a friend. It is awesome news for buyers and sellers in our market. I hope you have a wonderful week!
Sandy let's hope this is an indication that the whole country is seeing the light at the end of the tunnel.
Hi Paul, I hope that this an indication of what the future holds for the country. We shall see! Thanks for the feedback and have a healthy, prosperous week!
Sandy,
Thank you. I hope you are having a wonderful week!
Ann