Melbourne, FL Real Estate News

By Sandy Shores FL Realtor®, Melbourne Real Estate, Brevard County Real Estate, Florida's Space Coast
(M & M Realty of Brevard Inc.)
        Sandy Shores, Melbourne FL Broker-Associate M & M Real Estate, Inc. Residential, Investment, New Construction 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 www.SandyShoresMelbourne.com Email me at SandyShoresMelbourne@hotmail.com Subscribe to my blog ____________________________________________ 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...
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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.)
Times are tough, and today you don't hear people complaining that they have too much money left after they've paid all of their other bills.  Sadly, many fall short each month of covering their monthly bills. It's so important to watch those pennies. The other day I headed to the store to pick up the items on my shopping list.  My bill came to $35.56. I gave the cashier $35.60 and waited. He laughed as she was handing me my change, almost as if she were uncomfortable handing me a bunch of pennies. "Sorry." "That's fine, I like getting my change back. All those pennies add up," I said. I remembered being in this type of situation before, where the cashier asked if I wanted the change.  Of course, I always want the change. This cashier told me a story about a clerk that she knew that wor...
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Carolyn Smith, Realtor & Bridget Sentz, Realtor ~ Coastal Estate Team - Brevard County, FL Employment: 900 New Jobs Coming to Melbourne, FL! Over 900 new jobs coming to Brevard County, FL! Aerospace and defense company Northrop Grumman recently announced its plans to locate a Manned Aircraft Design Center of Excellence at Brevard County's Melbourne International Airport, bringing over 900 new jobs to the area. The majority of these jobs will be for engineers, and computer designers and developers. The projected 920 new jobs will almost double Northrop Grumman's current Melbourne, Florida workforce, bringing an enormous boost to the local economy. Northrop Grumman has been a major employer in Brevard County for decades, and these new plans for expansion come at a very important time for ...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
Grills is a resort type restaurant, bar and night club wrapped up into 2 large locations...one in Melbourne Florida on the west side of the Indian River and one in Port Canaveral. The Melbourne Location is on US.1 just north of the Pineda Causeway. To try and explain Grills you need to think of the place as more of a destination rather then a restaurant. They often have live entertainment, boats docking, a cool tiki bar atmosphere (outside)...and a full munu restaurant. I have seen some really good bands playing out on the deck...go to the website and check out who is playing: www.grillsseafood.com Grills has a large and interesting menu. From a bunch of starters (nibblers) to burgers (including Boca Burgers), wraps, sandwiches, kabobs and tacos. They also have quite a few seafood (and...
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By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
As one of the leading Bartow Real Estate Schools in Polk County, all our real estate courses are state approved and fully accredited.  Online Real Estate Courses in Bartow Florida for Sales Associates and Brokers are available with Rowlett Real Estate School at www.rowlettrealestateschool.com .   Rowlett Real Estate School can help you achieve your goals online in the comfort of your own home with our Melbourne Real Estate School Online courses to meet every license needs.  www.rowlettrealestateschool.com  If you would like to get your Real Estate License in Melbourne with the best Online Melbourne Real Estate School and begin selling real estate in Brevard County, Rowlett Real Estate School is your number one choice in Florida Online real estate schools.  We are proud to say that Rowle...
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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.)
Fairview Estates, Lake Washington Area, Melbourne FL Fairview Estates is a small, well appointed community of just under 60 custom built, single family homes, situated on half acre lots or larger. Fairview feels like country living in the city. As of this writing there is no Homeowners Association in place. Fairview is located south of Lake Washington Road, one block west of Wickham Road. Location is key in this desirable neighborhood. Walk to shopping, Burger King, Taco Bell, Ice Cream, Dunkin' Donuts. Just minutes to I-95 and US 1 and the Maxwell C King Center for the Performing Arts. Fairview is situated near top rated Brevard County Schools. There is one house for sale in Fairview Estates. It is a 3 bedroom, 2 bath, pool home situated on 1 acre with 2246 square feet of living. 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.)
Kingsmill, located just off of Lake Washington Road is a quiet, well maintained community of over 300 houses built between 1986 and 1988. It is situated between Parkway Drive and Aurora Road, just west of Wickham Road in Melbourne Florida. Kingsmill is just minutes to shopping, dining, churches and schools. Publix grocery store is within walking distance. Access to I-95, US 1 and the causeways to the beach are within 5 minutes. View Map The west end of the community boasts custom built homes by Joyal and Tiffany Builders. Several of the homes are situated on half acre sites. The other homes in the neighborhood were built by Maronda Homes. Kingsmill association fees are currently $135 per year, per house. This covers maintenance of the common grounds, the 2 parks, and the retention ponds...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
  OK...so I must admit up front...I kinda dig the Mansion in Melbourne, FL. They are a little bit different ...and they know it! This place sort of seems like a bunch of bars, restaurants, deli, and wine store all wrapped together...and it works! The Mansion offers two distinct bars, one on the first floor is sort of a quiet pub that is a good place to meet a client or just chat. The upstairs bar is a great place to view the river, meet on a first date or just hang out with friends after work. Although the menu is the same, the upstairs and downstairs restaurant seating areas have a very different feel (I love going upstairs  after the sun goes down to enjoy our amazing Space Coast weather). The menu itself is a mix of nice entrees (the salmon and pork chops get good reviews), burgers,...
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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.)
Just one more reason to live in Melbourne FL..       Sandy Shores, Melbourne FL Broker-Associate M & M Real Estate, Inc. Residential, Investment, New Construction 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 www.SandyShoresMelbourne.com Email me at SandyShoresMelbourne@hotmail.com Subscribe to my blog ____________________________________________ 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, se...
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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.)
Recently, I was out showing houses to local buyers. We looked at a number of houses. The buyers narrowed the selection down to the two that were there favorites.  Lucky, because today buyers can't always find two. They were weighing their options and looking at the pros and cons of which house they wanted to buy. I recommended we go back and look at them a second time. It's good for a buyer to look at houses a second time, on a different day, at a different time of day (if possible, in our market of multiple offers).   A house can look different the second time around. The buyer had seen numerous properties, so their perception has changed. The way they look at houses has changed, as they get a better idea of what's on the market, what they want and what their money can buy them.   Ligh...
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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 January 2013 Brevard County FL Real Estate, including single family residential, condo, and townhouses: Statistics through the Melbourne Association of Realtors for January 2013 are as follows: There were 930 new listings. There were 332 sold listings. Average sales price was $138,779. Average days on the market were 102. For single family residential units only: There were 682 new listings. This is an increase of 20.71% from January 2012 of 565 new listings. There were 250 sold listings. This is a decrease of 4.94% from January  2012 of 263 sold listings. The average sales price in January 2013 was $151,313. This is an increase of 3.35% from January  2012 of $146,410. Average days on the market were 84, a decrease of 32.26% from January 201...
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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.)
I recently read an article asking if house prices are, again, rising too quickly.  The CNBC article indicated that inventories of homes for sale are down.  Thus, causing an increase in property prices. Prices in some areas increased by 8% from December 2011 to December 2012.  For those in our area, buyers have to move quickly on a house when they see one they want to buy. The scope of the market is continually changing.  We are seeing multiple offers on houses under $125,000. The "good ones" are going first and quickly. That may be the most important information we are trying to get out to our buyers. International buyers, second home buyers from Northern states, and investors are all scooping up deals on Brevard County real estate. We have heard that 20% to 40% of the buyers in the mar...
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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.)
      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 www.SandyShoresMelbourne.com Email me at SandyShoresMelbourne@hotmail.com Subscribe to my blog ____________________________________________ 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 Google...
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By Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes
(Waves Realty)
I absolutely hate going to a grocery store...first off...I cannot cook so the thought of buying food that I need to prepare myself is not a great one. Since I do not eat meat I find the need for tasty veggies even more important then I did when a hamburger with cheese and onions was on my menu. For me a farmer's market is a nice way for me to stay away from the grocery store, support some of our great local farmers and business people while also enjoying better tasting veggies and fruits (as well as some other nice products). Historic Downtown Melbourne has a farmer's market every Saturday and Sunday from 10-3pm...and since we have amazing year round weather...we also get a year round farmer's market! I have purchased veggies, fruits, raw Space Coast honey and many other locally made i...
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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 National Association of Realtors has released their 2012 Year End Statistics for existing home sales. In 2012 existing home sales increased by 9.2% from 2011.  This is the highest increase since 2007. The National average home price increased from December 2011 to 2012 by 11.5% to $180,800.  This was a 10 month year over year increase. The national average median price increased by 6.3% to $176,600.  This is the largest increase since 2005. Our inventories of homes for sale at 2012 year end are at the lowest they have been since the housing boom in mid 2005. With just 1.82 million units, this is only a 4.4% suppy of inventory. Chief economist, Lawrence Yun,  for the National Association of Realtors predicts that, "both sales and prices will again be higher in 2013." So, those that 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.)
Congratulations to Jim and Sonya on the purchase of your new rental house. I am looking forward to a long and prosperous relationship of working with you two!  You two are great!  Thank you for hiring me to help you buy your investment property! And, Michele S. thank you so much for passing my name along to them.   I appreciate it so much! Remember: In investing, it's not about buying the prettiest house on the street, it's about the rate of return on your initial investment, and how much your monthly cash flow will be. Renters are always looking for good, clean, affordable homes.     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 ...
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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.)
Brevard County FL Real Estate, including single family residential, condo, and townhouses: Statistics through the Melbourne Association of Realtors December 2012 are as follows: There were 618 new listings. There were 425 sold listings. Average sales price was $167,933. Average days on the market were 113. For single family residential units only: There were 418 new listings. This is an increase of .97% from December 2011 of new listings. There were 320 sold listings. This is an increase of 4.38% from December 2011 of 320 sold listings. The average sales price in December 2012 was $167,083. This is an increase of 19.02% from December 2011 of $140,386. Average days on the market were 86, a decrease of 18.10% from December 2011 of 105 days. 2012 Year End figures are as follows: There were...
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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.)
Listed & Sold $600,000 Rocky Point Road, Malabar FL Direct Indian Riverfront Beauty      Nicole, thank you for hiring me to sell your father's estate.  Your efforts, hard work, patience and understanding were unbelievable. You are amazing!   Thank you to John and Michelle at Honor Construction.  This would have never been possible without both of you. You both went above and beyond.   And, Amy at North American Title you took extra care, as always, to see that it all came together in the end.   See You Tube Video       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 www.SandyShoresMelbourne.co...
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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.)
Time to File Homestead Exemption for Florida Residents 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 2012, 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, some homeowners may be entitled to an additional $25,000 in exemption for a total of $50,000, on the assessed value of their property. Check online to see whether you are eligible and if...
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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.)
"I'm looking for a bargain basement deal," the voice on the other end of the phone said, "I want to buy a $10,000 house." Hmmm, I thought, I can't blame him. Who wouldn't love to grab a house for $10,000?  Gosh, for that price, I'd buy one. I'd probably even buy two. Everyone wants a deal. Brevard County property values have been dropping over the years. However, in some areas, we are seeing values slowly inching their way back upward, because of a shortage of inventory. Our inventory of homes for sale is down by 50% from last year, in some areas and price points. Interest rates are still at historic lows. So, we have been telling buyers that sometimes it takes patience and diligence to find exactly what they're looking for. The house they want may not be on the market, yet. Multiple of...
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