BrevardRealEstateBlog

June Brevard Real Estate Statistics

LarryFleckinger — Thu, 02 Jul 2009 13:16:52 +0000

Hello Everyone, Here are the numbers for Brevard County for the month of June. Sales were up slightly with 585 single family home selling. Of the 585 that sold over half of them (345) are distressed property sales. As of the first part of June there are around 4616 homes on the market for sale and [...]

Are Mortgage Companies Sabotaging Obama’s Anti-Foreclosure Plan?

LarryFleckinger — Tue, 30 Jun 2009 21:00:18 +0000

Well, I have been listening to all this talk about loan modifications and how they are going to stop the foreclosure boom we are in. Granted, in some areas of the nation, where there has been less depreciation in values, these loan modifications may help. On the other hand, in areas like Brevard County Florida [...]

May Brevard Real Estate Update…

LarryFleckinger — Sat, 20 Jun 2009 15:27:19 +0000

Well I guess this is better late then never… Here are the Brevard real estate statistics for May in Brevard County Florida. Sales are holding on, although over half the sales are distress properties. Prices continue to slide. NASA is gearing up for layoffs, this will be a huge slap in the face on top of what we [...]

Shocking Breaking News: 40 Month National Supply Of Homes For Sale!

LarryFleckinger — Thu, 28 May 2009 18:14:44 +0000

Breaking news from Diana Olick from CNBC…. I heard a startling statistic from the National Association of Realtors this morning…no not that home sales are actually increasing, but something about the high end of the market. Chief economist Lawrence Yun said that the supply of existing homes for sale over $750,000 has reached a forty-month supply. Yep, [...]

Housing recovery could take 10 years!

LarryFleckinger — Mon, 25 May 2009 08:23:20 +0000

NOTE: I got this post from another blog… In Fort Meyers Florida, a home that sold for $500,000 in 2006 may now be worth only $205,000. The % of decline from the peak in Ft Meyers is 59%. Listen carefully to this very sobering fact, it would take appreciation of 144% for the homeowner to get [...]