Have we hit bottom? Who knows. I heard a financial commentator say this morning you should never catch a falling knife. As for the market, if the time is right for you, then buy. If the time is right (or circumstances require, sell).
I want to devote a little time to what is happening in the Phillips Landing subdivision of Rockledge, Florida.
Phillips Landing is located off Fiske Blvd near Interstate 95 in Rockledge. Convenient to great shopping, entertainment, the beaches, excellent schools, it offers residents much!
Since January 1, 2008 there has been only one home sold in Phillips Landing. It was a 2500 plus square foot 4 bedroom, three bath home that sold for $250,000. It looks like there are three homes in the development under contract right now. So things may be looking up for sellers. After all, the prices have fallen to some very attractive levels with bargains to be found!
There are 13 properties listed as active in the Brevard County MLS system. The prices range form $200,000 to $309,900. Since most of the homes in Phillips Landing are only three years old or newer, these prices are attractive. And, the builders just completed the community pool. My opinion is the pool was put in sooner than planned to spur sales and compete with other newer developments in the Viera area.
As for the homes on the market, some are priced very nicely and some, again my opinion, are ...well...let me say I would have to see them to really feel good about the list price.
There are a couple of homes listed for sale as short sales. Short sales are situations where the lender is owed more than the probable sale price. These require approval by the lender and take time to close.
If you are interested in Rockledge properties for sale, including Phillips Landing homes, please feel free to contact me. I can be reached by email to agent@moving2brevard.com or by phone at 1-321-255-2600.
If you are considering selling, please contact me as well! I know the central Brevard market area including golf course communities like Baytree golf links homes. (Baytree is in our name!)
Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Melbourne Florida.
