by Sandy Shores Melbourne FL REALTOR
Florida Governor Charlie Crist signed the Homeowner’s Bill of Rights, better known as property insurance reform, this week. The bill provides protection for Florida homeowners, and will assist in keeping insurance costs affordable.
The law goes into effect July 1, 2008:
• It extends the rate freeze from January 2009 to [...]
Read Full Post »
by Sandy Shores Melbourne FL REALTOR
According to recent statistics, in some areas of the country nearly 80% of potential homebuyers are waiting for their home to sell. They have their home on the market for sale. They cannot buy another property until someone buys theirs first. So what are owners to do?
Is [...]
Read Full Post »
by Sandy Shores Melbourne FL REALTOR
81% of Brevard County third-graders scored a level three or higher on the reading portion of the FCAT test this year, compared to the statewide average of 72%. Last year, 78% of Brevard County third graders scored a level three or higher.
83% of the Brevard’s third graders scored a [...]
Read Full Post »
Kingsmill Subdivision
Lake Washington Road
North Melbourne Florida
By Sandy Shores Melbourne FL Realtor
Kingsmill is a well appointed subdivision close to city conveniences, but tucked away, close to a country setting. The 324 homes in Kingsmill are situated on 1/4 acre to 1/2 acre lots. The area is well maintained. Kingsmill boasts 2 [...]
Read Full Post »
by Sandy Shores Melbourne FL REALTOR
Florida is a great place for foreigners to invest their money, due to the favorable exchange rate between the pound and the dollar. We are seeing many international buyers purchasing here in the Sunshine State. In 2007, Florida lead the nation in foreign purchases at 26%.
Florida is easily [...]
Read Full Post »
by Sandy Shores Melbourne FL REALTOR
According to the Melbourne Area Association of REALTORS the Monthly Statistics for Brevard County Real Estate for April 2008, are as follows…
There were 287 residential listings sold for the month.
This was an increase of .35% in units sold from March 2008.
But a decrease of 12.23% in units sold from [...]
Read Full Post »
Just a reminder that postage stamp prices are going up on Monday May 12, 2008 to 42 cents. This is a one cent increase for first class postage.
A new law will allow rate increases to be made more easily, as long as the post office doesn’t exceed the rate of inflation. Rates will be [...]
Read Full Post »
Did you know that there are several different ways in which a person, or two or more people can take title to a house that they purchase? So often buyers ask me, as a REALTOR, how they should take possession of a property. Since I am not a lawyer, I am unable to provide legal [...]
Read Full Post »
According to the Melbourne Association of REALTORS, it appears that Fannie Mae is tightening their appraisal, as well as lending guidelines. The proposed changes are as follows:
For real estate agents and/or mortgage brokers: “no person receiving a commission due to the successful completion of a loan may communicate with the appraiser.”
Appraisers cannot be selected [...]
Read Full Post »
In Florida from 2000-2005 there were 115,000 new real estate sales licenses issued. That’s triple the figure from 1994-1999!
2,688 of those licenses were issued here in Brevard County, according to figures from the Florida Department of Business and Professional Regulation. That nearly quadruples the figure from the previous 5 years when 708 new licenses were [...]
Read Full Post »