Viera Florida, located in Brevard County, Florida has it all– new home communities, gated communities, golf communities, retirement communities, shopping and top rated schools at every level. What Viera also has, like many cities in Florida, is an abundance of short sales and foreclosures.

New home builders, who also suffer with distressed property sales, provide below market pricing in order to compete with all the short sales and foreclosures. If ever there was a fabulous time to buy, it’s now! With so many neighborhoods priced in so many ranges it becomes difficult to determine property values.

Our Market Snap… Finish Reading

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With all of the short sales and foreclosures taking place borrowers are wondering how to rent with bad credit. Prospective Tenants have their credit pulled as part of the application process prior to the real estate anomaly, a low credit score would result in being declined. However, with the over whelming number of people losing their homes in distressed sales, owners and property managers find themselves making concessions.

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Many have the misconception that most of the properties selling in our county are in distress, but according to the Brevard County MLS, 60% of the sales in 2010 were not in distress. The total number of properties sold in 2010 was 6,681, just 266 less than what had sold in 2009.

Despite perception, the market has changed very little in a year’s time. In 2009, 41% of the properties sold were distressed, 2010 shows 40% with the majority of sales in foreclosures, same holds true for sales the previous year.

Although it may not be the best of real… Finish Reading

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Many have the misconception that most of the properties selling in our county are in distress, but according to the Brevard County MLS, 60% of the sales in 2010 were not in distress. The total number of properties sold in 2010 was 6,681, just 266 less than what had sold in 2009.

Despite perception, the market has changed very little in a year’s time. In 2009, 41% of the properties sold were distressed, 2010 shows 40% with the majority of sales in foreclosures, same holds true for sales the previous year.

Although it may not be the… Finish Reading

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Charlie Young, President and CEO of the ERA Franchise Systems was recognized in the Top 100 with Inman News, as one on the most influential leaders in real estate. Young’s leadership is driving ERA’s commitment to develop a Smarter community within the ERA Network. The new face of ERA with its  fresh approach states, “We work together, share what we know and find exactly what you’re looking for.” When ERA launched in the 70’s as the Electronic Real Estate Associate, they were the first in the real estate industry to communicate electronically. With Charlie Young at the helm,… Finish Reading

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