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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.)
  The Home Builders and Contractors Associatiion of Brevard has indicated that housing permits were up in April 2008.  April had the highest number of permits issued this year.  There were 162 new permits in April, compared to 102 in March, 81 in February and 96 in January.  144 of these permits were for single family homes.  18 were fro multi family property. These housing permits were issued in Melbourne, Viera, Palm Bay, Rockledge and West Melbourne. Housing permits numbers are still below figures at this same time last year. We are hearing that builders are slowly beginning to build spec homes (homes built in the hopes that a buyer will soon become interested in them). Is this a sign that the market is stabilizing? Some people think so.  Many foreign buyers are coming to Brevard, a...
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By Stanley Homes
(Stanley Homes)
Your home is a place you call your own - a place that reflects your personality and says something about your family. In a neighborhood of “home clones,” how can you get to know the people inside? Are they simple and classic? Elegant and sophisticated? Laid back and unpretentious? Stanley Homes, a custom home builder in Melbourne, Florida, offers 3 steps to personalizing your home so that it will stand out as a visual symbol of your family and convey what you stand for. Dream. Haven’t you always pictured your dream home -- even as a child? What colors have you loved and envisioned on your walls? Customizing your new home starts with an open imagination and realizing the value in your personal style. This is the really exciting part, so have fun with it, listen to your fashion instincts,...
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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 there have been companies posing as Mortgage Rescue Centers. They claim to be able to assist distressed homeowners, going into foreclosure, by bailing them out.  To the investor that is interested in getting "in" on a piece of the action, one group promised a 50% return on your initial investment within 6 weeks.  The woman running the scams in California, Nevada and Georgia collected over $18 million from unknowing people, thinking they were helping others.  Funds were provided to the first investors in, from money collected from the next group of investors.  There was actually no help provided to distressed homeowners behind on mortgage payments or going into foreclosure, at all.  The woman behind this extravagant operation used $1.9 million of the money collected for her own...
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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.)
According to a Newsweek Magazine poll, 4 of Brevard County Florida schools are in the top 1300 of the country’s public high school rankings. Cocoa Beach Junior/Senior High School ranked at 101. Last year they ranked 68. West Shore Junior/Senior High School in Melbourne ranked at 200. Last year they ranked 320. Satellite Beach High School ranked 812, up from last year at 842. Merritt Island High School ranked at 929. Last year they ranked at 908. The rankings are determined by the ratio of Advanced Placement, International Baccalaureate and Cambridge tests taken divided by the number of graduating seniors. They do not use the test scores in figuring rankings. They concentrate on AP and IB courses taken, which give students a chance to do college level work in high school. Visit the scho...
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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.)
Here in Brevard County we can stand in our front yards and watch the breathtaking shuttle and rocket launches. I haven't missed a single launch in the over 33 years that I have lived in Melbourne. Every single one is different than the last. The one common thread that they all have is that they are an absolutely incredible sight to see.The next shuttle launch is scheduled for May 31, 2008 at 5:02 PM. The shuttle will take the largest piece of the Japanese space agency's Kibo lab to the space station. There it will be installed.If you have never seen a space shuttle liftoff, you truly don't know what you are missing. Come and visit Cape Canaveral in Brevard County during a launch.  You will never forget the up close experience of seeing and feeling the shuttle liftoff.
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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.)
According to the Florida Association of REALTORS, April 2008 is the third consecutive month in which Brevard County home sales increased from previous months, in single family and condo units. We are seeing the market pick up a bit, relative to the past several months sales. This holds true statewide, also. However, figures are down compared to sales in April 2007. The median price of a single family home sold today is $160,000 compared to $195,500 a year ago. Condo prices dropped from $180,000 a year ago to $161,700 today. Median price means that half of homes sold for more and half of the homes sold for less money. In some areas, across the nation, there is a 10 to 12 month supply of single family homes available for sale. Is the market still declining? Have we hit rock bottom? The b...
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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.)
81% of Brevard County third-graders scored a level three or higher on the reading portion of the FCAT test this year, compared to the statewide average of 72%.  Last year, 78% of Brevard County third graders scored a level three or higher.  83% of the Brevard's third graders scored a level three or higher on the math portion of the test, this year, compared to 76% at the statewide level. Brevard County had the highest average math and reading scores in the state, compared to Florida's ten biggest school districts. The FCAT, the Florida Comprehensive Assessment Test,  is given yearly to third through eleventh graders.  It is used to measure the academic level of students.  Students are expected to be working at a level three, at grade level, or higher in order to be promoted to the next...
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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.)
by Sandy Shores Melbourne FL REALTORA foreclosure forum was held at the Melbourne Rialto Place Hotel on Tuesday. The event was to help those caught in the market slowdown and provided tips to help homeowners avoid foreclosure. The forum pointed out that banks are not in the business of owning real estate. They want to work with homeowners and help them through their financial problems.Foreclosure proceedings typically begin when a mortgage holder is three months behind on their mortgage payment. Not every filing leads to an actual foreclosure.According to HUD, US Department of Housing and Urban Development tips for avoiding foreclosure are as follows:1. Don't pretend the problem doesn't exist.The further you get behind, the worse your situation will get.2. Contact your bank or mortgage ...
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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 Subdivision Lake Washington Road North Melbourne Florida Kingsmill is a conveniently located subdivision close to city conveniences, but tucked away near a country setting.  The 323 homes in Kingsmill are situated on 1/4 acre to 1/2 acre well apppointed lots.  The area is well maintained.  Kingsmill boasts 2 community parks. Homes are typically from 1500+ square feet to just over 2000 square feet of living, built between 1986-1989.  The primary home builder is Maronda Homes, with some custom homes built on 1/2 acre lots by Joyal Construction and Tiffany Construction.  Kingmill is centrally located, just minutes to shopping, dining, schools, Lake Washington, the Maxwell C King Center for Performing Arts, Wickham Road, I-95 and US1.  Walk to groceries, shopping and fast food. Ho...
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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.)
Well, we feel it when we walk outside...that warm, balmy, soon to be summer weather, creeping upon us.  It's time to close the windows and turn the air conditioning on. We are hearing that electricity costs are due to rise over the summer  because of the price of natural gas and coal. Here's a couple of tips to help prepare your home and help keep your electric bill down: Check out your thermostat.  Do you have a programmable one, that can be adjusted to set different temperatures at different times of the day and night? If you don't have one, consider having one installed at a small cost. What is your thermostat set on?  Set it for a couple degrees warmer in the house while you are away at work. And then when you're home, have it drop back down.  (Don't forget about your pets during th...
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By Steve Neville
(Aamerican Property Management and Sales)
MLS#  4853312260 FRONTMELBOURNE, FL 32901Offered at: $2,000 Elegant furnishings and finish. Dining room view of harbor & dockage. The location is an oasis as depicted. I would have provided more interior pictures; however, the surrounding views could just not be adequately described. Available winter seasonal with an early start and 6-month + 1-day min. with utility allowances = $3250 (seasonal rate). Long-term furnished or unfurnished. for more info please go to http://www.bestbrevardrentals.com
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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.)
According to the US Census Bureau Florida has four million tourists visit each year from over 100 different countries. It is easily accessible through it's 31 major airports and it's 14 deepwater seaports. Florida has a diverse culture, with 43 different languages spoken here including Spanish, German, French, Creole, Vietnamese and Portuguese. The current rate of exchange is quite favorable between the pound and the dollar, thus it makes traveling here quite affordable.  
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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.)
According to the Melbourne Association of REALTORS average sales price statistics for April 2008  in Brevard County Florida are as follows:   The average sale price of a single family home was $226,713. This is down by 7.63% from April 2007 at $245,431. However, the largest number of homes sold in the $120,000 - $139,999 price range. Then, the next largest category of homes sold was in the $180,000 - $199,999 range.   The average sale price of a condo was $227,864. This is down by 17.41% from April 2007 at $275,882.   The average sale price of a townhouse was $200,721. This is up by 5.67% from April 2007 at $189,526. The largest number of condos and townhouses sold in the $250,000 - $299,999 price range. The second largest number of units sold was in the $120,000 - $139,999 range.  
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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.)
According to the Melbourne Area Association of REALTORS the Monthly Statistics for Brevard County Real Estate for April  2008, are as follows...   There were 287 residential listings sold for the month. This was an increase of .35% in units sold from March 2008. But a decrease of 12.23% in units sold from April 2007. Average market time was 124 days for sold units.   There were 29 condo listings sold for the month. This was an increase of 20.83% in units sold from March 2008. This was also an increase of 16% in units sold from April 2007! Average market time was 143 days for sold units.   There were 22 townhouse listings sold for the month.  This was an increase of 29.41% in units sold from March 2008. This was also an increase of 29.41% in units sold from April 2007! Average market tim...
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Real Estate Career Opportunity: Mailand Realty, LLC is always looking for motivated and enthusiastic Realtors to join our family oriented growing team.  We offer competitive commission splits and have essential knowledge, understanding and practices to offer agents who are personally committed to the success of their own business through dedication and personal development. Our office offers agents computer use for property search and form preparation.  We have current real estate forms available for immediate use and pick up in the office.  We have a printer/copier/fax/scanner as well as a color printer available for every agents use.  Our digital camera is available to take quality photographs of your listings for marketing purposes.  We have knowledgeable onsite assistance for messag...
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Corner lot. Surrounded by newer homes. This home needs major renovation, or can be leveled. City permits needed for any and all changes. Owner says "Bring all offers." For more info please go to http://www.mailandrealty.com/our_listings.html MLS#  5059412509 CANALMELBOURNE, FL 32901Offered at: $60,000  
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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.)
In Brevard County Florida there are currently 359 bank owned homes for sale through the Multiple Listing Service.   The good news is that 148 foreclosed homes have contracts to purchase on them and 240 bank owned properties have sold since the beginning of 2008. At this same time last year there were less than 80 bank owned homes for sale through the MLS.
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By Ron Uhland
(Mailand Realty)
REDUCED FOR IMMEDIATE SALE!!!! One story attached villa. Completely painted on the inside with neutral colors. New ceramic tile in bathrooms and kitchen. New vanity in hall bath. TLC is done and its ready for new owners complete with home warranty! Community pool. Quiet dead end street. Slider from kitchen to one patio and private patio off living room slider. Storage closet outside for bikes and beach equipment. For more info please go to http://www.mailandrealty.com/our_listings.html MLS#  4779901470 MALIBU Offered at: $107,000
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By Susan Engle
(Coldwell Banker Ed Schlitt)
Darling One bedroom Condo-Totally remodeled! END UNIT! Many upgrades, recently new tile, baseboards, bathroom & kitchen remodeled, paint through-out, newer appliances. Condo complex has new roof, paint,resurfaced pool,landscaping and much more. Amenities include -huge pool, rec. room, HOA fee includes: water, TV cable,pest control, garbage, lawn & pool maintenance, exterior insurance. GREAT LOCATION and great starter home or winter retreat TOO! Best Deal in Town! For more information please go to http://www.brevardsbestagent.com/my_listings.html MLS#  442169138 SAN JUANMELBOURNE, FL 32935Offered at: $72,900
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By Karen Burke
( Peters Cook & Company)
AUTOMOBILE These major north/south routes are important arteries that connect a number of communities: Titusville in the north; Cocoa , Cocoa Beach and Rockledge in central Brevard; and Melbourne, Melbourne Beach and Palm Bay in the south Interstate 95 skirts Brevard County on its north/south trip from Maine to Miami. Interstates & Highways Running from Maine to Miami, I-95 is the most heavily traveled north-south interstate on the East Coast, and for the convenience of businesses and residents alike, it runs directly through Brevard County. State Road A1A along the coastline. US1 In the barrier islands (Melbourne Beach to Port Canaveral. East West routes State Road 405 to the north, which traverses the NASA Causeway to the space center S.R. 528 (the Beeline Expressway) in the center of...
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