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November 2024 Market Snapshot for Brevard County -- RE/MAX Elite
00:24

November 2024 Market Snapshot for Brevard County -- RE/MAX Elite

A quick recap of the Brevard County Residential Report for November 2024: Closed Sales are down -20.8% for November 2024 in which the number of units closed was 630 compared to 795 in November 2023, with a decrease in cash sales of -32.8%. New Pending Sales are up 6.6% and New Listings are up 10.9%. The Median Sales Price for Brevard Single Family homes is up 3.5% to $380,000 compared to a year ago, which was $367,000. Months' Supply of Inventory is up 40.0% to 4.2 months, an increase from 3.0 months in November 2023. Traditional Sales are down -20.6% with a median sales price of $380,000. Foreclosure/REO Sales are down -33.3% with 2 closed sales and a median sales price of $202,360. Short Sale Closings are down -100.0% with 0 closed sales and a median sales price of (no sales). A quick recap of the Brevard County Townhouses/Condos for November 2024: Closed Sales are down -20.3% for November 2024 in which the number of units closed was 137 compared to 172 in November 2023, with a decrease in cash sales of -39.1% New Pending Sales are down -23.4% and New Listings are up 2.7%. The Median Sales Price for Brevard Townhouses/Condos is up 9.8% to $315,000 compared to a year ago, which was $287,000. Months' Supply of Inventory is up 57.8% to 7.1 months, an increase from 4.5 months in November 2023. Traditional Sales are down -20.3% with a median sales price of $315,000. Foreclosure/REO Sales are N/A with 0 closed sales reported. Short Sale Closings are N/A with 0 closed sales reported. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
October 2024 Market Snapshot for Brevard County - RE/MAX Elite
00:24

October 2024 Market Snapshot for Brevard County - RE/MAX Elite

October 2024 Market Snapshot for Brevard County A quick recap of the Brevard County Residential Report for October 2024: Closed Sales are down -1.0% for October 2024 in which the number of units closed was 762 compared to 770 in October 2023, with a decrease in cash sales of -17.8%. New Pending Sales are down -12.0% and New Listings are down -10.2%. The Median Sales Price for Brevard Single Family homes is up 6.6% to $383,900 compared to a year ago, which was $360,000. Months' Supply of Inventory is up 36.7% to 4.1 months, an increase from 3.0 months in October 2023. Traditional Sales are down -0.7% with a median sales price of $384,950. Foreclosure/REO Sales are down -80.0% with 1 closed sale and a median sales price of $237,500. Short Sale Closings N/A with 1 closed sale and a median sales price of $295,000. A quick recap of the Brevard County Townhouses/Condos for October 2024: Closed Sales are down -21.8% for October 2024 in which the number of units closed was 151 compared to 193 in October 2023, with a decrease in cash sales of -45.1% New Pending Sales are down -15.2% and New Listings are down -18.5%. The Median Sales Price for Brevard Townhouses/Condos is down -7.5% to $277,500 compared to a year ago, which was $300,000. Months' Supply of Inventory is up 53.5% to 6.6 months, an increase from 4.3 months in October 2023. Traditional Sales are down -21.8% with a median sales price of $277,500. Foreclosure/REO Sales are N/A with 0 closed sales and a median sales price of (No Sales). Short Sale Closings are N/A with 0 closed sales reported. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
September 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite- RE/MAX Elite
00:24

September 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite- RE/MAX Elite

A quick recap of the Brevard County Residential Report for September 2024: Closed Sales are down -13.8% for September 2024 in which the number of units closed was 745 compared to 864 September 2023, with a decrease in cash sales of -25.2%. New Pending Sales are up 15.8% and New Listings are down -4.2%. The Median Sales Price for Brevard Single Family homes is up 5.5% to $385,000 compared to a year ago, which was $364,995. Months' Supply of Inventory is up 51.9% to 4.1 months, an increase from 2.7 months in September 2023. Traditional Sales are down -13.7% with a median sales price of $385,000. Foreclosure/REO Sales are 0.0% with 3 closed sales and a median sales price of $285,000. Short Sale Closings down -50.0 with 1 closed sale and a median sales price of $198,600. A quick recap of the Brevard County Townhouses/Condos for September 2024: Closed Sales are down -20.8% for September 2024 in which the number of units closed was 179 compared to 226 in September 2023, with a decrease in cash sales of -26.7% New Pending Sales are down -14.3% and New Listings are down -6.5%. The Median Sales Price for Brevard Townhouses/Condos are down -4.9% to $292,500 compared to a year ago, which was $307,500. Months' Supply of Inventory is up 73.0% to 6.4 months, an increase from 3.7 months in September 2023. Traditional Sales are down -20.1% with a median sales price of $292,500. Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of N/A. Short Sale Closings are N/A with 0 closed sales reported. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
August 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite
00:24

August 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite

A quick recap of the Brevard County Residential Report for August 2024: Closed Sales are down -2.6% for August 2024 in which the number of units closed was 912 compared to 936 August 2023, with a decrease in cash sales of -13.4%. New Pending Sales are down -2.3% and New Listings are up 2.6%. The Median Sales Price for Brevard Single Family homes is up 4.1% to $385,000 compared to a year ago, which was $370,000. Months' Supply of Inventory is up 66.7% to 4.0 months, an increase from 2.4 months in August 2023. Traditional Sales are down -2.8% with a median sales price of $385,000. Foreclosure/REO Sales are up 100% with 4 closed sales and a median sales price of $257,500. Short Sale Closings N/A with 0 closed sale and a median sales price of (No Sales.) A quick recap of the Brevard County Townhouses/Condos for August 2024: Closed Sales are down -24.3% for August 2024 in which the number of units closed was 187 compared to 247 in August 2023, with a decrease in cash sales of -32.2% New Pending Sales are down -8.5% and New Listings are up 3.9%. The Median Sales Price for Brevard Townhouses/Condos are down -16.9% to $280,000 compared to a year ago, which was $337,000. Months' Supply of Inventory is up 82.9% to 6.4 months, an increase from 3.5 months in August 2023. Traditional Sales are down -23.7% with a median sales price of $280,000. Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of N/A. Short Sale Closings are N/A with 0 closed sales reported. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
July 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite
00:24

July 2024 30 Second Market Snapshot for Brevard County - RE/MAX Elite

📊July 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, The Voice for Real Estate in Brevard County®. A quick recap of the Brevard County Residential Report for July 2024: Closed Sales are up 19.0% for July 2024 in which the number of units closed was 994 compared to 835 July 2023, with an increase in cash sales of 22.2%. New Pending Sales are down -2.4% and New Listings are up 6.9%. The Median Sales Price for Brevard Single Family homes is up 2.7% to $380,000 compared to a year ago, which was $370,000. Months' Supply of Inventory is up 81.8% to 4.0 months, an increase from 2.2 months in July 2023. Traditional Sales are up 18.2% with a median sales price of $380,250. Foreclosure/REO Sales are up 350.0% with 9 closed sales and a median sales price of $243,000. Short Sale Closings N/A with 0 closed sale and a median sales price of (No Sales.) A quick recap of the Brevard County Townhouses/Condos for July 2024: Closed Sales are up 15.6% for July 2024 in which the number of units closed was 237 compared to 205 in July 2023, with an increase in cash sales of 16.8%. New Pending Sales are down -1.4% and New Listings are up 11.3%. The Median Sales Price for Brevard Townhouses/Condos is up 9.0% to $288,750 compared to a year ago, which was $265,000. Months' Supply of Inventory is up 87.9% to 6.2 months, an increase from 3.3 months in July 2023. Traditional Sales are up 16.3% with a median sales price of $289,000. Foreclosure/REO Sales are down -50.0% with 1 closed sale and a median sales price of $195,000. Short Sale Closings are N/A with 0 closed sales reported. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
The Truth About Down Payments - RE/MAX Elite
00:48

The Truth About Down Payments - RE/MAX Elite

The Truth About Down Payments There’s a common misconception that you have to put 20% down, but most homebuyers don’t have to do that. That means your goal may be more within reach than you realize. Connect with a trusted lender to find out more. Data Sources https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers https://downpaymentresource.com/professional-resource/the-down-payment-resource-q3-2024-homeownership-program-index-report/ https://www.housingwire.com/articles/down-payment-resource-first-time-homebuyers-17k-average-benefit/ Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
What Homebuyers Need To Know About Credit Scores - RE/MAX Elite
00:47

What Homebuyers Need To Know About Credit Scores - RE/MAX Elite

What Homebuyers Need To Know About Credit Scores Most prospective homebuyers don’t know the minimum credit score lenders require or that it varies by lender and loan type. If you want to explore your options to see what’s out there, connect with a trusted lender. Data Sources https://www.fanniemae.com/media/52111/display https://www.experian.com/blogs/ask-experian/credit-education/score-basics/what-is-a-good-credit-score/ https://www.experian.com/blogs/ask-experian/what-is-the-average-credit-score-in-the-u-s/ Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Why This Winter Is the Sweet Spot for Selling - RE/MAX Elite
00:45

Why This Winter Is the Sweet Spot for Selling - RE/MAX Elite

Why This Winter Is the Sweet Spot for Selling This winter may be the sweet spot for sellers. If you want to take advantage of that, let’s connect to put a plan in motion. Data Sources https://www.nar.realtor/sites/default/files/2024-11/ehs-10-2024-overview-2024-11-21.pdf Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Investors Are Not Buying Up All the Homes - RE/MAX Elite
01:00

Investors Are Not Buying Up All the Homes - RE/MAX Elite

Investors Are Not Buying Up All the Homes There’s a common misconception that investors are buying up all the homes on the market. But that’s just not true. Let’s connect so you have help separating fact from fiction. Data Sources https://www.redfin.com/news/investor-home-purchases-q2-2024/ Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Why You Need an Agent To Set the Right Asking Price - RE/MAX Elite
00:46

Why You Need an Agent To Set the Right Asking Price - RE/MAX Elite

Why You Need an Agent To Set the Right Asking Price The #1 task sellers struggle with is setting the right asking price for their house. To make sure your house is priced to sell, you need an agent’s expertise. Let’s connect and find that sweet spot. Data Sources https://jbrec.com/research/burns-real-estate-agent-survey/ #sellyourhouse #realestateagent #keepingcurrentmatters Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
How To Get Your House Ready To Sell in 2025 - RE/MAX Elite
00:53

How To Get Your House Ready To Sell in 2025 - RE/MAX Elite

How To Get Your House Ready To Sell in 2025 Planning to move in 2025? Now’s the time to get the ball rolling on prep work. And if you want to make sure you’re spending your time and effort on the right things, you need to lean on a local agent. DM me for info on what buyers are looking for and what updates have the best ROI in our area. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Why Buying Now Is Worth It - RE/MAX Elite
00:53

Why Buying Now Is Worth It - RE/MAX Elite

Why Buying Now Is Worth It Torn between buying now or waiting? Don’t forget to factor in the equity you’ll gain as prices rise. If you bought a $450K house this year, experts say you could gain more than $90,000 in equity over the next 5 years. Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Q&A: How Do Presidential Elections Impact the Housing Market - RE/MAX Elite
00:54

Q&A: How Do Presidential Elections Impact the Housing Market - RE/MAX Elite

Q&A: How Do Presidential Elections Impact the Housing Market You may have questions about how the Presidential election will impact the housing market. Here are your answers. Data Sources https://researchwiseny.btig.com/ResearchLibraryAnalec/DownloadResearch.aspx?E=cafidk-b https://www.redfin.com/news/homebuying-delay-election-survey-2024/ https://www.huduser.gov/periodicals/ushmc/fall08/hist_data.pdf https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales https://www.fanniemae.com/media/53421/display https://img03.en25.com/Web/MortgageBankersAssociation/%7B497ab7d7-e310-4609-b693-054c670afa77%7D_Mortgage_Finance_Forecast_Sep_2024.pdf https://www.nar.realtor/sites/default/files/2024-10/forecast-q3-2024-us-economic-outlook-10-04-2024.pdf https://www.census.gov/construction/nrs/pdf/newressales.pdf https://www.nahb.org/-/media/NAHB/news-and-economics/docs/housing-economics/sales/nationwide-sales-and-inventory.pdf?rev=2a0e5741e9ea48c1b6e91a9b03677a5c&hash=D0A99213F8688CE67BB701E648D05ED8 https://www.census.gov/construction/chars/ https://www.goldmansachs.com/insights/articles/us-house-prices-are-forecast-to-rise-more-than-4-percent-next-year https://www.fanniemae.com/research-and-insights/surveys-indices/home-price-expectations-survey-hpes https://www.morganstanley.com/articles/mortgage-rates-forecast-2024-2025-will-mortgage-rates-go-down https://www.resiclubanalytics.com/p/goldman-sachs-vs-moodys-expect-national-home-prices-go-2027 https://www.resiclubanalytics.com/p/early-predictions-national-home-prices-2025-according-8-major-research-groups https://x.com/NewsLambert/status/1803568680803901553 https://www.freddiemac.com/pmms/archive Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Buy Now, or Wait? - RE/MAX Elite
00:45

Buy Now, or Wait? - RE/MAX Elite

Buy Now, or Wait? Buy Now, or Wait? You may be tempted to wait until mortgage rates come down even more. But here’s what you need to know. If you wait, you'll have to compete with all those other people when you go to buy your next home. You have a chance to get ahead of the other buyers right now. Let’s connect and make it happen. Data Sources https://www.cnn.com/2024/08/26/business/mortgage-rates-falling-home-buying/index.html Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
Lower Mortgage Rates Boost Your Buying Power - RE/MAX Elite
00:44

Lower Mortgage Rates Boost Your Buying Power - RE/MAX Elite

Lower Mortgage Rates Boost Your Buying Power As rates drop, your monthly payment on your next home will too. Let’s connect to talk about how today’s rates boost your purchasing power. Data Sources https://www.mortgagecalculator.net/ Connect With Us: Website: https://www.brevardelite.com Careers: http://becomeaneliteagent.com/ Facebook: https://www.facebook.com/REMAXEliteinBrevard Instagram: https://instagram.com/REMAXElitefl
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