New Buyers in Melbourne FL

Congratulations to Bob and Gail on the purchase of your new home in Greystone in Melbourne, Florida!

I know they are going to really enjoy it.

My favorite part of working in Real Estate is the new people that I get to meet. So many wonderful people have come into my life. And as the years progress we become great friends!

I love it!

Sandy Shores, Melbourne FL Broker-Associate

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 16 Years

Brevard County Resident for 37 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Merritt Island, Titusville, Mims,

Melbourne Beach, Indialantic, Indian Harbour Beach,

Satellite Beach, Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Me There

Market Report–Brevard County FL Real Estate–March 2012

Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:

There were 890 new listings.

There were 468 sold listings.

Average sales price was $147,023.

Average days on the market were 121.

For single family residential units only:

There were 610 new listings.

This is an increase of 8.93% from March 2011 of 560 listings.

There were 376 sold listings.

This is a decrease of 1.83% from March 2011 of 383 sold listings.

The average sale price in March 2012 was $152,159.

This is a whopping increase of 26.64% from March 2011 of $120,143.

Average days on the market were 108, an 18.18% decrease from March 2011 of 132 days.

Source: Melbourne Association of Realtors

Brevard County showed an 8.59% decrease in the number of total properties (single family, condo & townhouses) sold in March 2012 compared to March 2011. And, we noticed an impressive increase of 27.96% in average sales price from last year to now. We are still experiencing a slight uptick in our market. Prices are currently heading up right now. And, we are finding that clean, well priced properties are moving off the market quickly. Our inventory of homes for sale is still dwindling. We have move buyers than we have houses for them to buy.

We still have a large number of investors and many second/vacation home buyers in the market. Buyers still have an interest in relocating to our area because of the Florida sunshine, the Indian and Banana rivers and the beautiful sandy beaches. There are also some nice tax incentives here in Florida. (Please consult a CPA or tax accountant for more info on taxes.) Over the past few months, snowbirds were coming out of their rentals to buy a property for next year. Many of them are heading or have already headed home as the last week we have seen our temperatures slowly inching their way up. Many snowbirds do not want to continue renting, so we have been helping them find a condo or townhouse to buy. And they will head back home, until the winter gets too cold up North for them next Fall.

Today, Brevard County prices are still proving to be quite affordable compared to neighboring cities in Florida.

Sandy Shores, Melbourne FL Broker-Associate

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 16 Years

Brevard County Resident for 37 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,

Indialantic, Indian Harbour Beach, Satellite Beach,

Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There

Let me that for you

Clean out the Excess Clutter

 

I remember reading an article a while back from The National Association of Realtors. They conducted a study to find out why houses don’t sell. Well, not surprisingly, price topped the list. An overpriced listing will sit on the market for months, and sometimes even years, without selling, and often without ever receiving an offer.

The study went on to indicate the second reason a house doesn’t sell is because it’s not ready to be put on the market. The attention to the small details has been overlooked. The house hasn’t been cleaned and cleared of clutter.

So, before the for sale sign goes up a good cleaning from top to bottom is ideal. Neutral paint and wall coverings appeal to a wider variety of buyers. And, clearing out the excess clutter, knick knacks and furniture help to show off the beautiful features of the property. If a buyer can’t see past the furnishings and the mess, the buyer will either make a low ball offer, or the buyer will turn away and never take a second look at this property.

FOOTNOTE: This is an extreme example of clutter. This was a house I showed to a buyer that was filled will garbage. At one time it had been a gorgeous house. It was situated in a well appointed neighborhood. It was a real shame to see it in this condition.

Sandy Shores, Melbourne FL Broker-Associate

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 16 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Merritt Island, Titusville, Mims,

Melbourne Beach, Indialantic, Indian Harbour Beach,

Satellite Beach, Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Me There

Market Report–Brevard County FL Real Estate–January 2012

 

Currently there are:

3033 residential listings for sale

1042 rental listings available

858 condos for sale

199 townhouses for sale

93 income producing properties

2192 vacant parcels for sale

Statistics for Brevard County FL Real Estate, January 2012…

Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:

There were 809 new listings.

There were 296 sold listings.

Average sales price was $147,949.

Average days on the market were 131.

For single family residential units only:

There were 565 new listings.

This is a decrease of 0.70% from January 2011 of 569 listings.

There were 249 sold listings.

This is a decrease of 8.79% from January 2011 of 273 sold listings.

The average sale price in January 2012 was $145,223.

This is a decrease of 7.40% from January 2011 of $156,825.

Average days on the market were 123, a 11.51% decrease from January 2011 of 139 days.

Source: Melbourne Association of Realtors

Brevard County showed a 15.67% decrease in the number of total properties ( single family, condo & townhouses) sold in January 2012 compared to January 2011. And, we noticed an increase of 3.12% in average sales price from last year. It appears that we are experiencing a bit of stability in our market. Prices are not dropping drastically as in years past. And, we are finding that properties are steadily moving off the market.

We currently have a large number of investors and some second/vacation home buyers in the market. Buyers still have an interest in relocating to our area because of the Florida sunshine, the Indian and Banana rivers and the beautiful sandy beaches. There are also some nice tax incentives here in Florida. (Please consult a CPA or tax accountant for more info on taxes.)

Today, Brevard County prices are relatively inexpensive compared to neighboring cities in Florida. 

Sandy Shores, Melbourne FL REALTOR®

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 15 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,

Indialantic, Indian Harbour Beach, Satellite Beach,

Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There

Florida State Fair in Tampa

 

Don’t miss the Florida State Fair over in Tampa.

It ends on February 20, 2012!

It’s a great time for the whole family!

Sandy Shores, Melbourne FL REALTOR®

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 15 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,

Indialantic, Indian Harbour Beach, Satellite Beach,

Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There

Florida Residents–It’s Time to File for Homestead Exemption

Florida Residents – File Homestead Exemption

If you own a home in Florida, and live in it as your primary residence, then Florida law typically allows you a $25,000 tax exemption on the assessed value of the property. If you purchased the property in 2011, then it is time for you to file for homestead, as it doesn’t automatically transfer to a new owner, at the start of the new year. An application must be filed. After that, the exemption automatically renews, if you remain eligible.

Homestead exemption may allow a Florida homeowner a savings of approximately $450 on their yearly tax bill. And, with the passing of Amendment 1, many homeowners may be entitled to an additional $25,000 in exemption for a total of $50,000, on the assessed value of their property. Thus, allowing approximately an additional $240 savings on their tax bill.

New homeowners may apply for homestead between January 1 and March 1, for the first time. You must have purchased your home prior to December 31, 2011. If you do not file by March 1 you may lose your rights to homestead for that year. You should complete an application (Form DR-501). It must then be submitted to the property appraisers office. The pdf form can be downloaded here.

In order to apply for homestead for the first time, an owner must have moved into the home prior to January 1, 2012 and it must be considered your primary residence. With the completed homestead application an owner must provide a

1- Florida Driver License or Florida ID card.(with your new address on it)

2- Florida Vehicle Registration

3. Brevard County Voters Registration card

4. Social security number or social security card

5. If not a US resident, a Resident Alien Card

6. A copy of the trust, if the property is in a trust

7. The recorded deed to the property.

If you would like additional information on Homestead Exemption here is the link for the Brevard County Property Appraisers office.

Sandy Shores, Melbourne FL REALTOR®

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545 or 321-733-6080

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 15 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Merritt Island, Titusville, Mims,

Melbourne Beach, Indialantic, Indian Harbour Beach,

Satellite Beach, Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There

Let me that for you

Market Report–Brevard County Real Estate–December 2011

Currently there are:

3113 residential listings for sale

1158 rental listings available

876 condos for sale

201 townhouses for sale

93 income producing properties

2195 vacant parcels for sale

Statistics for Brevard County FL Real Estate, December 2011…

Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:

There were 611 new listings.

There were 376 sold listings.

Average sales price was $133,136.

Average days on the market were 120.

For single family residential units only:

There were 414 new listings.

This is a decrease of 2.82% from December 2010 of 426 listings.

There were 309 sold listings.

This is a decrease of 4.33% from December 2010 of 323 sold listings.

The average sale price in December 2011 was $138,968.

This is a decrease of 5.52% from December 2010 of $147,090.

Average days on the market were 107, a 17.69% decrease from December 2010 of 130 days.

The year end totals for 2011:

6312 new listings compared to 7371 new llstings in 2010

4041 sold listings compared to 3630 sold listings in 2010

The average sales price $145,552, compared to $146,409 in 2010.

The average market time is 123 days, compared to 109 days in 2010.

Source: Melbourne Association of Realtors

Brevard County showed a 4.33% decrease in the number of properties sold in December 2011 compared to December 2010. And, we noticed a decrease of 5.52% in average sales price from last year. It appears that we are experiencing a bit of stability in our market. Prices are not dropping drastically as in years past. And, we are finding that properties are steadily moving off the market.

We currently have a large number of investors and some second/vacation home buyers in the market. Buyers still have an interest in relocating to our area because of the Florida sunshine, the Indian and Banana rivers and the beautiful sandy beaches. There are also some nice tax incentives here in Florida. (Please consult a CPA or tax accountant for more info on taxes.)

Today, Brevard County prices are relatively inexpensive compared to neighboring cities in Florida.

Sandy Shores, Melbourne FL REALTOR®

M & M Real Estate, Inc.

Residential, Investment and Relocations

We have a team of professionals to facilitate your Short Sale.

Melbourne Real Estate / Palm Bay Real Estate

321-253-4545

SandyShoresMelbourne@hotmail.com

____________________________________________

Serving Brevard County Florida for 15 Years

Brevard County Resident for 36 Years

Melbourne, Palm Bay, Suntree, Viera, Rockledge,

Cocoa, Canaveral Groves, Titusville, Mims, Melbourne Beach,

Indialantic, Indian Harbour Beach, Satellite Beach,

Cocoa Beach, Cape Canaveral

______________________________________________

I buy, sell, rent, own and manage Investment Property.

Visit me on my Google Profile Page

Visit Melbourne FL Real Estate Talk on Facebook and "Like" Us There

Let me that for you