Sales were flat in August with 1119 closings. This was the slowest August we have seen in 10+ years. 2024 was our slowest year for sales in 10+ years and we are behind with our year to date sales in 2025. … More Florida Housing Market Stalls
Active short sale & foreclosure listings (distressed properties) are up 20% over last month. Foreclosure sales more than doubled over the previous month, and short sales tripled. Could the doom and gloom headlines be right? … More Rising Distressed Properties in Space Coast: May 2025 Trends
There are a lot of properties for sale. We ended April with 5,575 properties on the market. There’s no way to sugar coat it, we have more homes on the market than we have seen in 15 years. … More This Can Change Everything
Melbourne is the 2nd largest city in Brevard County which is centrally located and offers easy access to most of Brevard County. Melbourne has 6 exits to I95, a dozen or more connections to US 1 that give the ability of your future tenants to get to work anywhere in Brevard. … More Top Reasons to Buy Investment Property in Melbourne Florida.
Most of the homes being sold are happening below the list price. With the number of properties on the market, you have the ability to negotiate the price, repairs, and/or credits towards your closing costs. 32% of the closings had some type of Seller credit to the Buyer. The average amount was $8,200 … More Comparing 2024 & 2025: Space Coast Real Estate Market Performance
Let’s talk about signs of a housing market crash. The inventory will definitely begin to rise. The number of sales will be dropping below recent trends. Prices would start dropping. Foreclosures would be on the rise. Here is what’s happening in Brevard County Florida … More March 2023 Housing Market Update Brevard County and Cocoa Beach Florida
How’s the market? Active inventory should be trending up during the 4th quarter and we are not. Here is the breakdown of Brevard County & Cocoa Beach Florida. … More Housing Market Update October 2021 Brevard County and Cocoa Beach Florida
Cocoa Beach Insider 