Viera, FL Real Estate News

By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
Viera's premier 55+ community remains fairly active as homes seem to be moving as we move toward the warmer weather. The gated 55+ community of Heritage Isle offers several residential property types that will match any desire, from the Terrace Condos at Heritage Isle to the large manor style homes with over 3,000+ square feet featuring three car garages! As of May 1st there are 24 active properties listed in Heritage Isle.  These active listings range from a 2 bedroom 2 bath 1 car garage patio style home listed at $137,000 to a large 4 bedroom 3 bath 3 car garage (over 3200 sq ft) listed at $589,500 [rather extravagant and pricey for the neighborhood]. I always get asked so here is my opinion - a comfortable 3 bedroom 2 bath home in Heritage Isle can be purchased for around  $200-240,0...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
  New BOM Pend Cntg Expr With Sold AvgSold$ DOM MedianSold$ Feb 2010 98 40 5 63 12 39 33 $237,407 100 $220,000 Mar 2010 103 36 13 60 16 45 45 $208,665 139 $191,000 Apr 2010 117 31 19 68 14 38 32 $240,109 139 $193,500   As you can see from the report above, In April The average sold price has ticked up considerably from March. Buyers are selective and more saavy even though the prices of homes so affordable. New Homes are in strong demand and picking up steam. There are lot's of incentives and negotiating going on with these new homes. If you have a new home specialist that has the edge to make these deals you can find yourself with a high quality new home at a rock bottom price! If you need an expert with superior knowledge and negotiating skill working for you. Contact Steve Vitani fo...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
As of 4/27/10   Active Single Family For Sale: 320 Contingent (under Contract): 93 51 of the 93 are Short Sale Pending Bank Approval The above numbers do not include New Construction New Homes Are In Demand on the West Side Of Viera. Builders Are priced competitve with the existing market as buyers are not finding the selection of homes with options. With a new home you can build what you want where you want. If you would like a Neighborhood Specialist with Superior Knowledge and Negotiating Skill working for you at no cost to you, Then you Can Contact Me Anytime! Steve VitaniPower Realty, LLCwww.stevesellsflorida.com
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
  Now is the time to buy! The buyers Are Back! TOP REASONS TO BUY NOW! Tax Credit Still in Effect until 4/30, You Could Have Up To $8,000! Rates Are Near All Time Lows at or near 5%, Rates Are Expected To Rise From these Levels Which Will Make the Home Purchase Less Affordable If you Wait! There Are over 1,000 Homes Throughout Brevard County, Florida For $100,000 or Less. These Homes are moving Fast and When They are Gone, It's All about Supply/Demand, Prices Will Rise. Cost to Own IS Less Than Renting! Thats Right, You Can Own a Single Family Home For $50,000 Or Less...The average Payment on a Home of this price would only be $420 Per Month!! Considering The Tax Benefits for Interest Deduction, Provides even more incentive to Own. Rent Vs Own Savings: If you Rented for $800 Per month f...
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By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
I did a Broker Price Opinion (an opinion of value for a lender) on a house in a local Viera Florida gated community recently.  Since it is not my listing I can not "advertise" it on here but I am a real estate agent so I can show you similar houses in the same Viera development! This house was just like so many others constructed during the past 10 years in Viera and Suntree Florida. It was nice, comfortable and really well maintained with lush landscaping. This house was located on one of the (if not the best) better lots in this neighborhood, on very nice lake  (not a drainage pond but a real lake) overlooking a beautiful golf course!   But still it was the view that made the house so attractive. It got me to thinking about how often the buyers I work with in Baytree, Suntree and Vier...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Now is the time to buy! The buyers Are Back! TOP REASONS TO BUY NOW! Tax Credit Still in Effect until 4/30, You Could Have Up To $8,000! Rates Are Near All Time Lows at or near 5%, Rates Are Expected To Rise From these Levels Which Will Make the Home Purchase Less Affordable If you Wait! There Are over 1,000 Homes For $100,000 or Less. These Homes are moving Fast and When They are Gone, It's All about Supply/Demand, Prices Will Rise. Cost to Own Less Than Renting! Thats Right, You Can Own a Single Family Home For $50,000 Or Less...The average Payment on a Home of this price would only be $420 Per Month!! Considering The Tax Benefits for Interest Deduction, Provides even more incentive to Own. Rent Vs Own Savings: If you Rented for $800 Per month for 10 Years, That is $96,000 You Will Ne...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Pricing your home to make it attractive to potential buyers and get you the return on your investment is a combination of art and science. As your real estate professional I can get the selling data on comparable homes in your area but there are other tangible and intangible things to consider when you set a price on your home. Contact me to cover all of these fine details which can make THE difference. Steve Vitani Power Realty, LLC www.SteveSellsFlorida.com
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
When you are about to sell your home you want to improve your chances of selling it quickly and at the price you want. Here are some tips to get your home prepared for the scrutiny of potential homebuyers. Remove clutter and personal items from around the house. You want as much open space as possible, potential buyers will be making mental notes on where they'd put their belongings and if your home feels "claustrophobic" then they may feel it's too small for their needs. You remove personal items (photos, trophies, mementos, etc.) because as a potential buyer is thinking where their belongings would go you don't want them to feel as if they are displacing yours. Make your home neutral ground so that a visitor feels like they are viewing their future home and not trespassing on someone ...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
As a resident of Charolais Estates and a local Real Estate Professional, I have a vested interest to maintain a high level of integrity for our community. It is my pleasure to keep you informed of the current market conditions in Charolais Estates and surrounding neighborhoods. From time to time I will send out some information or my Blog to keep you informed of news events that have an affect on our market. BUYERS ARE BACK! That's Right, Buyers of ALL categories (First Time, Move Up and Investors) are scooping up the best deals. There have been several Cash Buyers in the past 90 Days out in Viera. This is evidence that home buyers are identifying real value in Viera and they're placing large sums of money on prime real estate. The Average Days on Market in Viera for period Jan-Mar 2010...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
While Timing may be very important as to when your home sells, hiring the right listing agent can make a huge difference! Why is hiring the listing agent so important? You might ask, what difference does it make? I just need to get my home in the MLS so it gets sold, Right? There is a Big Difference! You should not choose your Realtor from just these reasons: He/She is the busiest agent in the neighborhood, He/She is a friend of a friend, He/She is family, He/She was in the newspaper or magazine. While these are sometimes good reasons, it would depend on your situation and what you need from an expert. I recommend seeking for an agent that has not only the expertise in your neighborhood, but also would make a list of things to look for in an agent such as: 1. How many days do their list...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
The $8,000 Tax Credit Deadline is Approaching Fast! That's Right! April 30th is the last day! Must have a contract by Then! If you or someone you know is considering Purchasing a home soon, Please contact me Immediately so I can Help! Obtaining My Buyers Services cost You Nothing, but Can Save You Thousands! Hiring a Buyers Agent is a must when trying to find your home at the right price! The market is moving fast in areas fillled with many buyers wanting to take advantage of the Tax Credit before it expires on April, 30th. Please don't go it alone out there! Hire a Trusted Real Estate Advisor aka Realtor as we are the experts with all the resources to put you in the best possible position to make the best purchase! Remember, hiring me as your buyers agent costs you nothing!! Steve Vita...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
From Jan 1, 2010 to Mar 10, 2010: Contingent/Pending: 108      vs     188 in 2009 same period Sold/Closed: 71     vs     83 in 2009 same period Currently There are 393 Active Single Family Residences for sale in Suntree/Viera Of those 393: there are 46 Short Sale and only 7 Bank Owned Note: 53 of the actives are in age 55 and up communities. Average Home Price Sold in Viera/Suntree Year To Date is $215,116 down from $243,983 a year ago or 11.83% (This because of Short Sales and Bank Owned Sales) The Avg Days On Market is at 133 that number is up from 114 days a year ago. The sold numbers are almost right in line with last year and slightly down, with the exception of the decline in prices. The group that has had the most attention is the Under $110,000 price range which makes up for ov...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
From Jan 1, 2010 to Mar 10, 2010: Contingent/Pending: 108      vs     188 in 2009 same period Sold/Closed: 71     vs     83 in 2009 same period Currently There are 393 Active Single Family Residences for sale in Suntree/Viera Of those 393: there are 46 Short Sale and only 7 Bank Owned Note: 53 of the actives are in age 55 and up communities. Average Home Price Sold in Viera/Suntree Year To Date is $215,116 down from $243,983 a year ago or 11.83% (Because of several Short Sales and Bank Owned Sales) The Avg Days On Market is at 133 that number is up from 114 days a year ago. The sold numbers are almost right in line with last year and slightly down, with the exception of the decline in prices. The group that has had the most attention is the Under $110,000 price range which makes up for ...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Choosing the right Real Estate Professional is one of the most important decisions you'll make in selling your home. When you interview a real estate professional for the job of selling your house, here are some things you should ask and watch for: How long have they been in the real estate business? How long have they worked in your area? How many homes have they sold in the past year? What is their commission? How will they market your house? Will you be working directly with them or an assistant? Can they give you references? Can they get you a CMA (Comparative Market Analysis)? This will tell you what comparable homes in your area are selling for. Watch out for a too optimistic selling price for your home. It's not common but some agents will tell you what you want to hear just to g...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Choosing the right Real Estate Professional is one of the most important decisions you'll make in selling your home. When you interview a real estate professional for the job of selling your house, here are some things you should ask and watch for: How long have they been in the real estate business? How long have they worked in your area? How many homes have they sold in the past year? What is their commission? How will they market your house? Will you be working directly with them or an assistant? Can they give you references? Can they get you a CMA (Comparative Market Analysis)? This will tell you what comparable homes in your area are selling for. Watch out for a too optimistic selling price for your home. It's not common but some agents will tell you what you want to hear just to g...
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By Jason Koivu - SFR Certified Realtor Brevard County, Florida
(Serving Brevard Realty)
From the Local Lions Club of Viera: In the United States, about 40,000 corneal transplants take place each year, delivering the gift of sight. Helping to create these success stories are Lions Eye Banks. Lions support these eye banks, help promote organ and tissue donation and serve as transporters. Lions transporters deliver the tissue between the eye bank and hospital - forming a relay, when needed, to bring the tissue to its final destination. During a video project at the Wisconsin Lions Eye Bank, we had the pleasure of meeting Lisa Johnson. Lisa is an unstoppable force. Her determination, attitude and success are inspiring. Blind since birth and diagnosed with glaucoma, Lisa had over 20 surgeries during her early childhood. It was when she was 21 that she learned of the possibility...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
No Changes Since 2/17/2010 There have been 7 properties sold in Charolais Estates since Jan, 2009. Low Price $422,500 just closed within the past 2 weeks High sale of $780,000 in 2009 The average sale per square foot (Living) is now at $165 Average days on market are at 233. 4 out of the 7 Homes were Short Sale There are currently 6 active for sale homes in Charolais Estates and 3 Pending (all 3 of which are Short Sale) Of the Actives for sale the asking prices are from $460,000 for the low and $1,090,000 for the high. If you would like more detailed information about this community or other surrounding communities, please feel free to email me anytime steve@stevesellsflorida.com Steve Vitani Power Realty, LLC www.SteveSellsFlorida.com  
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
There have been 15 properties sold in Sonoma since Jan, 2009. Low Price $157,500 back in June, 2009 High sale of $365,000 in Dec, 2009 The average sale per square foot (Living) is now at $110 The Average square Footage sold in this report was 2314 and average price was $250,107 Average days on market are at 238. 6 out of the 14 Homes were Short Sale or Bank Owned There are currently 9 active for sale homes in SONOMA The low asking price is $209,900 & the high is $354,000. The average List Price is $276,638 or $129 per Square ft. (Based on the comparison of the sold prices, the asking prices appear to be slightly over priced) There are 5 Pending (4 of which are Short Sale) The Most Recent Sale 2/25/2010 was at 3681 Chardonnay Dr Closed for $309,000 PP SF just under $125 If you would like...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
For most people buying a home is the largest investment they will ever make. Because of this you need the guidance of an experienced real estate professional to help you avoid costly mistakes. The advantages of using a real estate professional are many: Knowledge of the neighborhoods, schools and condition of the local real estate market. If they don't have first hand knowledge of an area then they probably know a fellow real estate professional who does. A real estate professional is experienced in negotiating price. By working with you, a real estate professional will know what interests you and watch for new homes on the market that match those interests. By knowing what you want, a real estate professional can help you focus on your needs and not let you get sidetracked by amenitie...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
  So you're anxious to start your home search like many house hunters. The flood gates are open with buyers all across the country trying to snatch up those bank owned steals just in time for the TAX CREDIT DEADLINE April 30, 2010 and your wanting to get the best deal, so here you are, searching the Internet websites for that dream home. Like many people, they start the search from the Internet, look through magazines, driving through the neighborhoods and calling directly from the for sale signs in the yards. While there is nothing wrong with doing this, you will certainly find yourself putting lots of miles on your car and spending allot of time traveling and might not have the most current information that you have seen on one of those third party websites. I have had some dealings w...
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