Viera, FL Real Estate News

Friends of Children of Brevard invite you to participate in a 5K run or walk to benefit abused and neglected children in Brevard County, FL. The event will take place on February 4, 2012 at Space Coast Stadium in Viera and all proceeds from the race will go directly towards Friends of Children of Brevard’s Guardian Ad Litem Program and the children it represents. The theme of the 5K is “Superhero Run”, and all participants are asked to get in the spirit by donning a superhero costume and getting the whole family involved for a morning of fun and exercise. Prizes will be awarded to registered runners and walkers based on best times, best costumes, and largest team participation. The event is for everyone – kids, adults, runners, walkers, people out just for some exercise, serious runner...
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By Larry Fleckinger
(HouseMax Pro Realty)
I have lived in Brevard all my life and watched the area grow from orange groves and mosquitoes to the Space Port of the Nation. I actually remember when the town of Viera was hundreds of acres of prime pasture land improved and owned by the Duda family.  Actually my first wife's family lived and work on the ranch and I was privileged to ride through the miles of pasture land and look at all the cows and Brahma bulls and wild game that is still abundant on the remaining pasture land today.  My father, Lawrence Fleckinger Sr., now 80 years old is still a small time cattle rancher (about 300 head of cows on the St. Johns River) and we purchased a few Brahma bulls and a horse or two from the Dudas' back in the day. Speaking of the St. Johns river, not many people know that the Duda propert...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
We usually identify the market as a "Buyers" Market or a "Sellers" Market, but is it possible to have Both? Yes, and in some areas we are witnessing just that! In Brevard County, Florida, housing was hit very hard, getting clipped over 60% from the peak of 2005. the low inventory levels have hit levels we have not witnessed in several years. This type of reduction has reduced the time a home spends on the market (If the home is priced according to demand). In some areas throughout Brevard the inventory is so low, buyers are finding fewer homes to chose from, so they are having to expand their search. Lack of Bank Owned & Short Sale Inventory: currently there is only 1 Bank Owned home for sale in Viera West of I-95 The amount of time a home stays on the market has been shortened compared...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
The High End Market in Viera Florida has been very busy in 2011 compared to past years. The neighborhoods with the highest sale prices are on the West Side of Viera, Charolais Estates, Fairway Lakes, Summer Lakes & Wyndham at Duran have all noticed multiple sales since the spring. Many of these homes lasted less than 90 days on the market, a true sign that we have a new trend for the better in Viera Florida.   Below is a summary of the most recent sales activity: Recently Sold SUMMER LAKES 537464C 4419 Chiming 32955 4 4 4,303 $1,199,90 $1,098,00 $255 04/13/2011   594674C 4428 Reseda 32955 4 3 4,024 $1,049,00 $945,000 $235 11/02/2011   567113C 3133 Bellwind 32955 4 4 3,926 $959,000 $929,500 $237 05/04/2011   588095C 2922 Bellwind 32955 4 4 3,526 $850,000 $815,000 $231 05/12/2011   CHAROL...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Ran a search for Viera/Suntree and found 53 Homes for sale from $400,000 up to 1 Million, None of them were Bank Owned and only 8 Short Sale. Definitely a sign that we are low on distressed properties. Home sale prices were up 9.4% in Brevard and Satewide Unit sales were up 13%. Condo prices are also up 9% as investors are taking advantage of the best deals.   Brevard County offers so much including affordability. Location is very central. Just 45 minutes to Orlando Attractions.   If you are in the market for a great Condo, Vacation Home or just looking to relocate to a great place. Shoot me a message or visit my website to begin browsing for free    
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
New Home Builders Dominating Viera, Fl Housing Market The Quality New Homes being built ARE DOMINATING Viera Florida. Quality Custom Home Builders Such As: Amek, Arthur Rutenberg, Christopher Burton, Scalero, Joyal and Viera Builders are building several homes at a time on the West Side of Viera. Many Other Luxury and Semi Custom Home Builders Throughout Viera Florida are Busy Too! Home Builders such as Condev, Holiday Builders, Lennar, Damar Homes & Recently The Featured EXTREME HOME MAKEOVER Local Builder Lifestyle Homes Where are the Buyers Coming From? Look North they ARE HERE! The Snow and Cold up North has put many on the fast track to re-locate before the Winter. Combine that with The wave of our Baby Boomer Group reaching Retirement, HIGH Quality, LOW PRICES, & Great Location an...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
The High End Market in Viera Florida has been very busy in 2011 compared to past years. The neighborhoods with the highest sale prices are on the West Side of Viera, Charolais Estates, Fairway Lakes, Summer Lakes & Wyndham at Duran have all noticed multiple sales since the spring. Many of these homes lasted less than 90 days on the market, a true sign that we have a new trend for the better in Viera Florida.   Below is a summary of the most recent sales activity: Recently Sold SUMMER LAKES 537464C 4419 Chiming 32955 4 4 4,303 $1,199,90 $1,098,00 $255 04/13/2011   594674C 4428 Reseda 32955 4 3 4,024 $1,049,00 $945,000 $235 11/02/2011   567113C 3133 Bellwind 32955 4 4 3,926 $959,000 $929,500 $237 05/04/2011   588095C 2922 Bellwind 32955 4 4 3,526 $850,000 $815,000 $231 05/12/2011   CHAROL...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
The Sales in Aug and Sept of 2011 proved to be a bright spot in Sonoma. The was a $409,000 sale in Sonoma, the first sale over $400,000 this year! There have only been 4 Sales in Sonoma over $400,000 since May 2008. This year has proved to have some very bright spots as sales activity has picked up throughout ALL of Viera. Newer Homes are getting taken off the market with very few homes to choose from. The time on the market has been much much lower with many homes selling in under 30 days. Below is a brief list of homes closed during the past 2 months. FOR A FULL FREE MARKET ANALYSIS CONTACT ME TODAY! C 597900 R 4621 CHARDONNAY DR  217 Viera West of I 95 SONOMA AT VIERA PHASES 1 AND 2 VIERA CENTRAL P.U.D. ROCKLEDGE,FL 32955 2162 $289,900  $275,000 010050 3010146 08/01/2011 8   C 597919...
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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 Home Builders and Contractors Association will be sponsoring the 2011 Fall Parade of Homes from Saturday October 8 to October 16. Properties will be open from Monday through Saturday 10:00 AM to 5 PM.  And, Sunday's from 12:00 PM to 5:00 PM. Viera wil be the showcase community.  Some of the homebuilders featuring  properties in the Parade of Homes will be: Adams Homes Burgoon Berger DiPrima Construction Holiday Homes Maronda Homes Mercedes Homes And, more... Plan your route with an interactive map, provided by Florida Today. The Parade of Homes is a great opportunity for the public to tour a builder's newest model homes.  It helps show the public what properties, at given price points are available.  And, it allows the consumer to interact with the builder's representatives to discu...
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By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
I had a closing this week for a very nice buyer who has several pets.  She had taken so much care for them as she traveled from New York to her new home in central Florida.  After our closing on Monday one of the final bits of information I passed along was the location of a veterinarian's office near her Rockledge, Florida home. Below is a listing of several veterinarian related services in the central Brevard County, Florida area.  My dogs have been a client of several of these over the past 15+ years and continue to use them. Full service veterinary providers convenient to Rockledge, Viera and Suntree, Florida. Viera East Veterinary Center Rockledge Animal Clinic Coastal Animal Hospital Wellness Center Emergency Pet Care in Viera, Rockledge and Suntree Animal Specialty and Emergency ...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
We usually identify the market as a "Buyers" Market or a "Sellers" Market, but is it possible to have Both? Yes, and in some areas we are witnessing just that! In Brevard County, Florida, housing was hit very hard, getting clipped over 60% from the peak of 2005. the low inventory levels have hit levels we have not witnessed in several years. This type of reduction has reduced the time a home spends on the market (If the home is priced according to demand). In some areas throughout Brevard the inventory is so low, buyers are finding fewer homes to chose from, so they are having to expand their search. Lack of Bank Owned & Short Sale Inventory: currently there is only 1 Bank Owned home for sale in Viera West of I-95 The amount of time a home stays on the market has been shortened compared...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
  Home Sales are surging in Viera- Particularly on the West side of I-95. Why? Lower Inventory and fewer Short Sale and REO (Bank Owned) properties coming on the market. In July & Aug 2011 the days a home stayed on the market was only 58 days, which is drastically less compared to the same two months in 2010 93 days. Unit Sales are up 39% for 2011 Year To Date in Viera West of I-95. Homes Sold through Aug 2011 137, compared to 97 same period 2010. That equals a 39% increase. This figure does not include all newly constructed homes being built, only MLS listed homes. Builders have reported higher sales numbers this year, permits in Viera are way up. For More Info Or to View Homes for Sale in Viera Visit: www.VieraNewHomes.com Below is a summary of the market data:   Activity Date Start: ...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
That's a bizarre question! No, its not some new formula, it has always been there, many just do not recognize it! I am talking about how does 1 client turn into 10! So, how does 1 equal 10? How can we turn 1 client into 10? Well, after you acquire a new client (which is a challenge in itself) The 1st place to start is providing a consistent Service that is "Above and Beyond" expectations! Most of us all know the importance of past client referrals, but many agents I talk with just don't keep ino touch long term after closing a sale with that client. Whether your a Buyers Agent or a Listing Agent, we Agents are Service Providers. When we go above and beyond to provide a service that offers a Value to your client, you can bet your client will tell at least 3 Other Friends or Neighbors, If...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Sound Familiar? Buyers are all over the map these days, even as the market has been beaten down, it seems to have made the buyers cover all basis, and in some cases, start out in one direction only to do a complete 180 in the other, including many different Realtors... It amazes me how many prospective buyers sift through the Internet, speak to Realtors, then through neighborhoods, call off the for sale signs, open houses, speaking with several Realtors to help them, setting them up on a home finder campaign. Where do they go? What really bothers us most, is this lack of loyalty that we receive from this group of individuals. I have even worked with some that end up saying they would not buy a pool home, even after sending them some they told me not to include pool homes in the search, ...
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By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
Short Sale Activity in Viera Suntree and Rockledge Florida–September 2011 Less than 19% of all active single family home listings in Brevard County, Florida's Viera, Suntree and Rockledge, areas are short sale listings.  To hear some folks talk you would think the entire market is distressed which is far from the truth! Of all the residential units currently under contract 58% are short sales however many have been under contract for some time.   The reason, of course, is the short sale approval process can be so long - months! The short sales closed in August 2011 in Viera, Suntree and Rockledge (18) represent just over 20% of the closings.   Another 8% of the closings were foreclosures.   Put another way - almost three of four closings are standard sales.  Viera East area includes Sun...
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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 Satellite High School Scorpions will be travelling to Viera stadium to play the Viera Hawks tonight. Game time is 7:30. To take a look at the upcoming schedule for this season, here it is.   09/02 7:30 PM Melbourne (Melbourne, FL) Location: Satellite H.S. Preview GameBox Score 31 - 0Loss 09/16 7:30 PM @ Viera (Viera, FL) Location: Viera HS Preview Game Preview 09/23 7:30 PM Rockledge (Rockledge, FL) * Location: Satellite H.S. Preview Game Preview 09/30 TBA2 Hour Event 7:30 PM Heritage (Palm Bay, FL) Preview Game Preview 10/07 TBA2 Hour Event 7:30 PM @ Astronaut (Titusville, FL) * Preview Game Preview 10/14 TBA2 Hour Event 7:30 PM Arnold (Panama City Beach, FL) Preview Game Preview 10/21 TBA2 Hour Event  7:30 PM @ Space Coast (Cocoa, FL) * Preview Game Preview 10/28 7:30 PM Titusvill...
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By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
  The Ryan Moore Memorial Golf Tournament will be held on Saturday October 1, 2011 at the Viera East Golf Course in Viera, Florida. This shotgun start tournament is being hosted to benefit the Harmony Farms, Inc. (Equine Assisted Therapy and Activities) in Viera. Ryan Moore was a five year old Angel with Autism who rode at Harmony Farms.  He loved his pony “Star” and she loved him back.  Sadly, Ryan died in an accident in 2009 but his family continues to support Harmony Farms. The $75 entry fee per player includes green fees, golf cart, driving range, lunch, beverages, goody bag, prizes and an event golf shirt. Harmony Farms is a not-for-profit charity providing equine assisted therapy and activities to disabled individuals of all ages. For information on participating or donating prize...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Getting an offer from a buyer pre-approved with conventional mortgage with 10% down. Should your seller jump on that offer? Not so fast, I say! It's all about the PMIThe PMI Guidelines of a conventional loan have a different set of guidelines from the conventional mortgage. I have a client who's selling their home and buying another, but need their home to close before buying their next home. the buyers of their home had a pre-approval from a lender using conventional financing, with 15% down, so far so good,  until the week of the closing. The lender could not secure the Private Mortgage Insurance which is required by the lender when putting less than 20% down. Both parties were all packed up ready to close, talk about a let down! The closing was delayed 30 days as the buyer could not ...
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By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Getting an offer from a buyer pre-approved with conventional mortgage with 10% down. Should your seller jump on that offer? Not so fast, I say! It's all about the PMI The PMI Guidelines of a conventional loan have a different set of guidelines from the conventional mortgage. I have a client who's selling their home and buying another, but need their home to close before buying their next home. the buyers of their home had a pre-approval from a lender using conventional financing, with 15% down, so far so good,  until the week of the closing. The lender could not secure the Private Mortgage Insurance which is required by the lender when putting less than 20% down. Both parties were all packed up ready to close, talk about a let down! The closing was delayed 30 days as the buyer could not...
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By Gary L. Waters Broker Associate, Bucci Realty, Eighteen Years Experience in Brevard County
(Bucci Realty, Inc.)
"Short sale" is a pretty common real estate term these days.  Most people who are just considering the purchase of a home will likely run across it pretty soon. For those unfamiliar with the term a short sale is basically a situation where the anticipated proceeds from the sale will likely be less than the monies owed (thus short) and will be required to get third party (lender) approval on the sale. Short sales occur when there is a real hardship impacting the homeowners ability to pay their mortgage - not just because the market value went down and an owner is upside down. A key part of the short sale process nvolves the hardship letter a homeowner will be required to provide with their request.  The homeowner must be factual and honest.   Later on the lender will likely ask for thing...
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