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Straight, honest
information- updated 9/06
The site is designed to be a
resource for people who need to know what is going on in Brevard
County's real estate market. This is a source for straight
talk, with no spinning or sugarcoating of the truth.
It is very confusing!
Right now (late Summer 2006) our median single family price
is now a few percent below where it was 1 year ago. BUT- The
values of individual homes have dropped as much as 25%. How is
that possible? It's complicated.
You keep reading
stories... Buyers market ? Growing Inventories? Median Price
up, then down again? Soft landing? Bubble? Interest rates?
We want to
help.
We have been watching
market statistics VERY closely for the last 18 months, and
are always ready to share what we know.
Buyer Beware
You definitely are not
getting the WHOLE story from Florida Today and other media. They
are really just regurgitating data given to them by the various
(local, Florida and National) Realtor Associations. That is the
main reason why the stories contradict so often.
And to be frank, a lot of
agents don't have a clue. Other salespeople feel that it is
their duty to "cheerlead for for the market", as if positive
thinking about prices and market activity will make everything
OK. I recently got into an online discussion in an email group
with over 400 local agents. Many agents protested when one
member posted some cautionary advice and figures about rampant
speculation in new construction. Some said they fell that now
is a "great time to buy" and that they are pushing clients to
purchase now. Personally, I think that buyers need to be quite
careful about what they purchase and what they pay in this
market climate. I
asked the 400 members of our group if any of them have bought an
investment property of their own in the last 6 months. Not one
single member came forward. Last year? sure! Two years ago?
Absolutely! But, now you see tons of Realtors selling
properties, and not many buying....
In Conclusion
Please
use this website to get facts and figures about sales prices,
market activity and expert opinions. If you need an honest,
thoughtful Realtor, please consider using our professional
services. This is what we have to offer...
Knowledge,
Guts,
Expertise, Honesty, Skill.
Thank you
Jeff Beck |
