Melbourne, FL Real Estate News

By Kerry L Klun, Broker/Owner, 321-626-5868
(Palm Realty)
Northrop Grumman is expanding on the Space Coast, and that expansion could lead to a new real estate boom in Brevard County.  The Northrop Grumman project has been code-named Project Magellan and may create up to 1,800 jobs with salaries in the $100,000 range. "It will mostly increase demand for properties at the upper end of the price spectrum, but it should definitely impact demand across the board," said Joshua Harris, director of the Dr. Phillips Institute for Research and Education in Real Estate at the University of Central Florida. "There is a potential for price increases, but it's not a guaranteed thing." Even before Northrop Grumman announced the expansion of the Magellan Project, Brevard County’s real estate market  has been on the up swing.  March saw approximately a 25% in...
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By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
Consider Every Retirement Planning Option…Including a Reverse Mortgage A reverse mortgage, or home equity conversion mortgage, is a helpful alternative to many seniors, who may need the funds immediately, or are hoping to leverage the home equity they have acquired during their working years to favorably save up for retirement. The fact of the matter is, the reverse mortgage continues to be thought of as a last resort, something to get only if the situation is dire enough. This is, not only a disservice to the program, but a disservice to future clients who may be looking into it as an alternative retirement planning option. In fact, people may think of the reserve mortgage as a last resort, but no one ever thinks of buying a second home as a last resort or investing stocks as a last re...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
   I am not sure any area within Florida or the Country for that matter would not be a bit jealous of the Space Coast right about now. Up to 1800 new jobs paying an average of $100,000 being relocated or pulling from our impressive available work force! Here is part of an article by the Florida Today Newspaper: "The first phase calls for the construction of a 216,000-square-foot building and creation of 300 jobs by the end of 2015. The second phase involves construction of an additional 500,000-square-foot building and an additional 1,500 jobs, “if the company is successful in obtaining the desired business objectives.” Meanwhile Northrop Grumman Corp. plans to expand its operations at Melbourne’s airport with a major new building. Melbourne’s Planning and Zoning Board has a hearing sch...
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By Coastal Estate Team, Bridget Sentz & Carolyn Smith
(RE/MAX Elite)
Bridget Sentz, Realtor & Carolyn Smith, Realtor ~ Coastal Estate Team: 1,800 New High Paying Jobs Coming to Melbourne, FL A large aerospace company is planning an operation at Melbourne International Airport that could mean 1,800 new jobs paying an average of $100,000 a year, according to documents filed Wednesday with Brevard County. Although many details of the project have not yet been disclosed, the deal, known as “Project Magellan” would solidify Melbourne International Airport’s image as a growing aerospace and aviation industrial power in Florida and the United States. Already, the airport is expanding through some of its major current projects with Northrop Grumman and Embraer Jets. Greg Weiner, senior director of business development for the Economic Development Commission of F...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
I have done a few things in my like that have made a big impact...taking Protandim from LifeVantage is one. As a runner I would need to take Motrin one to three times per week. The properties of this product are amazing...I have not had the need to take a pill in MONTHS!!!! Here is a link to an ABC Primetime report: ABC PrimeTime Report I am such a strong believer in the product I became a distributor!!!! I hope all my friends get on this ground breaking product and who knows...you may want to become a distributor yourself! Here is a recent quote: The science behind Protandim is different and unique because LifeVantage Corporation doesn't pay for it. In the world of research, this means that the product and its science must be so compelling that Ph.D.s from universities around the worl...
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By Cathy Wolters, Your Brevard County Property Management Expert
(Wolters Realty & Property Management Company)
Really nice three bedroom two bath Viera home in Six Mile Creek. Property is located on a large corner lot, it's beautifully landscaped and lawn service is included.  The Large screen patio overlooks the lake. There is a two car garage, a formal living and dining room, a family room and an eat in kitchen.  Great Viera location close to schools, restaurants and shopping, including the Avenue of Viera Mall.  Just minutes from I-95.  About a half an hour or less to the beach.    MLS # 691832 This one is not going to last.    
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
SOLD: Single Story in Suntree Sandy Run FIND OUT why my UNIQUE MARKETING PLAN works while other listings remain un-sold! On Golf Course! • 1,923 sq. ft., 2 bath, 3 bdrm single story - $220,000 Suntree Sandy Run, Suntree  -  This amazing home:on a Golf Course Lot in sought after Suntree sold fast and for top dollar!!!3 Bedrooms, 2 Full Baths, Gourmet Island Kitchen, Formal Living and Dining Rooms, Large Family Room with Wood Burning Fireplace, Covered Patio, Large Master Suite, NEW ROOF 2013, NEW ELECTRIC BOX 2013 and so much more! Property information  
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By John Mayer, Your Beach Area Expert
(Oikos Realty, Cape Canaveral, Cocoa Beach Florida)
Grandpa, Nicole and the Grandkids at the Brevard Zoo. It's a great affordable way to spend a sunny day in Florida. Jaguars.    Gator Chomp! This was already planned but I will be walking to raise money for diabetes on Apr., 5, 2014. My mom had it and I'm pretty sure Aunt Helen did too. Please support me by clicking here: Walk For Diabetes.  Contact me to learn how you can start enjoying the good life here in Brevard County on the Space Coast. Talk to the BEACH EXPERT!      321-213-4831     Homes for Sale      
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By Coastal Estate Team, Bridget Sentz & Carolyn Smith
(RE/MAX Elite)
ridget Sentz, Realtor & Carolyn Smith, Realtor ~ Coastal Estate Team: Celebrate St. Patrick’s Day in Downtown Melbourne, FL! Celebrate St. Patrick’s Day in Downtown Melbourne! Whether you are Irish, or just an honorary Irish person for the weekend, St. Patrick’s Day offers a great opportunity to throw on a green shirt and hit the great outdoors for the Downtown Melbourne St. Patrick’s Day Parade and festivities! St. Patrick’s Day falls on a Monday this year, but Downtown Melbourne will be filled with the Luck Of The Irish this weekend with lots of music, food, and festivities for the whole family. Start the weekend off on Friday night at the Downtown Melbourne Friday Fest Family Street Party, a free event from 6 pm – 10 pm featuring food and craft vendors, live music, dancing, children’...
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By Rekha Vyas
(Keller Williams Realty of Brevard)
  What’s Happening This Weekend At Wickham Park In Melbourne FL?   Experience the sounds, foods, and culture of India!   INDIAFEST will be held at Wickham Park in Melbourne this weekend on Saturday March 8th2014 from  10am to 6pm and Sunday March 9th from 11am to 5pm   As in past years, this weekend Wickham Park will come alive with colorful, traditional Indian costumes.Visitors will be in for a treat as they immerse themselves and experience rich Indian culture.   Vendors from Florida and other states will be in Melbourne selling Indian sarees and other traditional Indian costumes, Indian jewelry, and works of art.Don’t miss the chance to sample delicious Indian foods, like curry.Visitors can enjoy henna painting, yoga and culinary demonstrations and also watch the popular fashion show...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
One of the excuses I here from a lot of people is that exercise equipment is expensive, bulky and it is hard to find time to use it. Here is a great piece of equipment to get you moving. It will cost very little and give you huge results for just a few minutes and a few bucks. I do quite a few exercises with the ball...but I will include two photos (see below) of ones I use to firm my stomach (core) and arms. I do push ups and sit ups on the ball. Another use I make (which could not be easier and yields great results is to use it in place of a chair when I am sitting and working on my computer. This forces you to use some core and leg muscles to keep your balance.      
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By Coastal Estate Team, Bridget Sentz & Carolyn Smith
(RE/MAX Elite)
Bridget Sentz, Realtor & Carolyn Smith, Realtor, Coastal Estate Team: Spring Has Sprung! Visit Florida Tech's Botanical Fest This Weekend! Check out this weekend's Botanical Fest at Florida Tech! Spring has sprung, and it's time to refresh your landscaping! For all of our "green thumb" clients, we wanted to let you know about a great event happening this weekend, the Botanical Fest Plant and Garden Sale at Florida Tech in Melbourne. It's a great opportunity to pick up some new palms, exotics, native plants, shrubs, flowering plants, and much more... just in time to find some inspiration to do a little spring planting! Master gardeners will be on hand to answer questions, and visitors can take a free, guided tour of Florida Tech's gorgeous Botanical Garden. Food and beverages will be ava...
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By Phil Stevenson, CRMP, "Mortgage Nerd" in Miami, Florida and Texas
(PS Mortgage Lending 305-791-4874 or 888-845-6630)
There Are Never Any "Silly" Questions. Sometimes I answer the phone and on the other side of the phone conversation is a consumer asking questions. How much can I get for my property? Is counseling mandatory? How long does the process last? etc.  These are questions I have heard a billion times over but they never seem like "silly" questions to me. I may specialize in reverse mortgages but my clients don't so it's up to me to educate them. This is why I'm here, this why they're calling me. They're interested but have doubts, concerns, questions and they called me because they trust me to answer them truthfully. If this isn't a vote of consumer confidence, I don't know what is. While not every exchange that begins with general inquires on the reverse mortgage program ends with a closing,...
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By Kerry L Klun, Broker/Owner, 321-626-5868
(Palm Realty)
I lived in Greece for 2 years when I was a teenager.  I loved it!  There is just something about everything...GREEK!  I love the food, the culture, the language...everything.  Well this month, the people of Brevard County will be able to experience a little bit of Greece.  On February 21, 22 and 23rd the 42nd Annual Greek Festival at Saint Katherine's Greek Orthodox Church at  5965 N Wickham Rd in Melbourne.  For those of you that have never attended a Greek Festival it is awesome!  You can enjoy live Greek music and dancing and best of all, you get to eat authentic Greek food!                                                                                 The hours for the Greek Festival are: Friday - 11:00am - 11:00pmSaturday - 11:00am - 11:00pmSunday - 12:00 noon - 8:00pmThere is a n...
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By Kerry L Klun, Broker/Owner, 321-626-5868
(Palm Realty)
This wonderful Melbourne, Florida home is now under contract. 4136 Aiken Lane is in the Eagle Lake North subdivision and has 1,960 square feet with 3 bedrooms, 2 baths, an office area, and a lovely spacious kitchen with stainless steel appliances that is open to the family room.  There is a large 2 car garage that enters into a big laundry room with new front loading washer and dryer.  There is a fully fenced yard off of the spacious Florida room.  Located just south of 192, this gorgeous home is closed to shopping, dining and entertainment. Eagle Lake North is one of the several wonderful communities to choose from on the beautiful Space Coast of Florida. If you have any questions about this or any of the other great Space Coast Area communities, please do not hesitate to call Kerry a...
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By Sandy Shores FL Realtor®, Melbourne Real Estate, Brevard County Real Estate, Florida's Space Coast
(M & M Realty of Brevard Inc.)
  The 4th Annual Eau Gallie Founders Day Fish Fry will be this weekend, February 15, 2014 in Eau Gallie Square at the corner of Eau Gallie Boulevard and Highland Avenue, Melbourne. The event will feature fried fish dinners from Squid Lips Grill.   There will be live music and children's activities.   Come enjoy a fish dinner of fried tilapia, baked beans, cole slaw and hush puppies.  Price is $10 in advance, and $12 on Saturday.  Tickets can be purchased from several merchants on Highland Avenue. Or, visit the website to purchase them.  Mathers’ Cake Shop is donating a large birthday cake for the event. There will be a history tent with hourly presentations. There will be a Farmers Market and local artists. Proceeds will go to charities supported by Rotary and Eau Gallie Arts District t...
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By Rekha Vyas
(Keller Williams Realty of Brevard)
  Two 5k Run/Walk Events on February 8, 2014 in Melbourne FL and Indialantic FL   This Saturday Feb 8, 2014 there are two fun Run/Walk events in the Melbourne area. The Tooth Trot 5k Run/Walk and the Indialantic Soaring Eagles 5k Run/Walk   The Tooth Trot 5k Run/Walk                                                                  www.toothtrot.com This event is presented by Brevard County Dental Society (BCDS). The proceeds from this event will benefit, “Give Kids a Smile”. Brevard County Dental Society provides free dental care to children in need, within Brevard county. The proceeds raised from Tooth Trot will aid BCDS in providing dental health educational supplies and toothbrushes and toothpaste for the children and their families.   There will be awards given based on overall and ...
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By Sandy Shores FL Realtor®, Melbourne Real Estate, Brevard County Real Estate, Florida's Space Coast
(M & M Realty of Brevard Inc.)
  "This house doesn't look like the online pictures." I've heard this before. While out showing houses for sale, I pulled up to a house and thought I must be at the wrong property. "Is this it?' Are you sure?" the buyer prodded. We checked the street sign and the house number. They matched the listing. We checked the company and agent name on the for sale. It matched the listing. But, the outside picture sure didn't look like the house we were sitting in front of.  How long had it been on the market?  Had the property deteriorated since it was listed?  It looked so nice in the pictures.  Were the pictures taken recently? But we found that we were at the correct address.  My buyer wasn't sure she wanted to go in.  It looked like it needed too much work. We decided to go in anyway.   We ...
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By Rekha Vyas
(Keller Williams Realty of Brevard)
  Market Update Report Brevard County Home Sales January 2014                                                           Price Range $  Listings on the Market  Listings Sold  Percentage Sold  0 – 49,999  361  112  31.02  50,000 – 99,000  934  186  19.91  100,000 – 119,000  295  51  17.29  120,000 – 139,000  320  54  16.88  140,000 – 159,000  272  35  12.87   160,000 – 179,000  267  37  13.86   180,000 – 199,000  215  35  16.29  200,000 – 249,000  412  56  13.59  250,000 – 299,000  375  20  5.33  300,000 - 399,000 432 47 10.88  400,000 - 499,000 187 19 10.16 500,000 + 434 14 3.23 Totals 4504 666 12.10      New Listings  1490  Average List Price  258,212  Pending Listings  1234  Median List Price  165,995  Absorption Rate  4.54  Average Sale Price  151,053  Avg Days on Market  86  Median S...
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By Sandy Shores FL Realtor®, Melbourne Real Estate, Brevard County Real Estate, Florida's Space Coast
(M & M Realty of Brevard Inc.)
Market Report - Brevard County FL real estate December 2013 including single family houses...  There were 817 new listings. This is an increase of 13.00% from December 2012 of 723 new listings. There were 724 closed sales. This is an increase of 23.8% from December 2012 of 585 closed sales. 306 of the sales closed were cash.  This is a 17.7% increase from December 2012 of 260 sales. Average sales price was $167,502 in December 2013. This is a 6.45 increase from 2012 of $157,410. Houses sold for about 92.7% of their list price, compared to about 92.8% of their list price in December 2012. Median days on the market were 40, compared with 41 days in 2012. In December 2013, Florida Realtors indicated there were about 1193 single family homes under contract. A buyer and seller have negotiat...
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