Desirable Greystone Melbourne Pool Rental

Lovely 4 bedroom, 2 bath pool home situated on

quiet Cul de sac in desirable Greystone.

Desirable Greystone Melbourne Pool Home for Rent

2216 square feet of living on a private lot.

Greystone Melbourne Pool Home for Rent

$1900 rent includes pool and lawn care.

Available for rent August 8, 2015.

Minutes to all grade level schools.

Drive minutes to Indian River, beaches, Patrick Air Force Base.

Great Lake Washington area location.

Spoiled Living Here on Florida’s Space Coast

Spoiled Living Here on Florida's Space CoastThis morning I had breakfast with a friend and we were talking about the importance of having balance in our lives. That’s something I’m not very good at. When I’m not working, we are working on one of our rental houses or we have a project going on at home. That’s just something we’ve always done.  My friend reminded me that when we work hard, it’s important to have some down time, too.  So, I was thinking of the options of things we have available to do in our area.

Brevard County Florida is home to the St. Johns River, the Indian River Lagoon and Banana Rivers and the Atlantic Intracoastal Waterway.  We are an hour away from Orlando, with all it’s theme parks: Walt Disney World Park & Resorts, Disney’s Hollywood Studios, Disney’s Animal Kingdom, Disney’s Epcot Center, Universal Studios, Islands of Adventure, Sea World, Wet n’ Wild and Orlando’s famous International Drive. I have to say that Epcot is my favorite on that list.

We can stand in our driveway and experience the breathtaking Cape Canaveral rocket launches. There is nothing like the feeling of the ground rumbling as we watch the rocket lift off.

Cruise ships set sail right here out of Cape Canaveral. Taking a cruise is one of my favorite vacations. We go every summer.  If I could go to Cozumel every trip, I  would.  But, then my family would disown me. They’re tired of Cozumel.

The Maxwell C. King Center for the Performing Arts is 5 minutes from home. We see incredible shows that come to us from around the world. We’ve seen Daryl Hall and John Oates, Peter Frampton, Dennis DeYoung of Styx, Riverdance and The Nutcracker. We’re going to see Whitesnake and Swing in August.

People come from all over just to visit  World Famous Ron Jon’s Surf Shop  here in Cocoa Beach. The Cocoa Beach Pier hosts World Famous Surfing Contests with champion surfers.

We’ve got other great attractions, like the War Bird Museum, Museum or Arts and Sciences and the Brevard MuseumJungle Adventures, Airboat Rides, the Ace of Hearts Ranch, Forever Florida and the Brevard Zoo. Or, play video games and ride race cars at Andretti Thrill Park.

If your prefer to be outside we’ve got swimming, fishing, sailing, surfing, windsurfing, paddle boarding, boating, water skiing, shrimping, deep sea diving, golfing, bicycling, tennis, racquetball, camping, hiking, or just basking on the beautiful world famous beaches! Or, you can spend a day strolling downtown antiquing.

As I look through this list, I am reminded of why Florida’s Space Coast has been my home for the past 40 years.  And, I will probably be here for another 40!

Brevard County Real Estate Market Report – May 2015

Brevard County Real Estate Market Report – May 2015

Brevard County Real Estate Market Watch Report - May 2015

In May 2015, there were 3727 active listings on the market, a decrease of 20.00% from 4656 in May 2014.

There were 1518 new listings on the market in May 2015. This is down by 4.0% from May 2014 of 1581.

There were 1288 new pending sales. This is up by 5.5% from May 2014 of 1221.

There were 1238 closed sales. This is up by 1.1% from May 2014 of 1225.

The average sales price was $194,682. This is an increase of 18.47% from 2014 at $164,330.

The median sales price in May 2015 was $160,000, compared to $130,000 in 2014, an 23.08% increase.

The average number of days on the market was 68, compared to 85 in 2014.  This is a 20% decrease.

Homes sold for approximately 94% of original list price in May 2015.

There was a 3.3 month supply of homes for sale in January 2015, compared to 4.53 month supply in 2014, a decrease of 27.16%.

Information deemed reliable, but not guaranteed.

Source: FLEX MLS Statistical Data

Look for Properties with the Right Things Wrong

Look for Properties with the Right Things WrongI had an appointment to meet an investor at a bank owned property that had just come on the market.  As I waited for my buyer to arrive, there was a parade of potential buyers and Realtors looking through the house. I suppose the enticement was the very low advertised price. The house was a bank owned property and it needed considerable work. There was a poorly constructed addition at the back of the house and there was rotten wood all the way around. The outside stucco was unprofessionally done and was riddled with stair step cracks. One corner of the house was sagging. When we got inside we saw that the house needed to be gutted. The roof was leaking in various places and the ceilings were sagging.  There was no kitchen or bathroom and no flooring. It needed a new electric panel and appeared to need new wiring.  The inside and outside a/c units were missing. It was apparent that there were more issues than met the eye in this dilapidated old house. We agreed that it looked like a Pandora’s Box of problems.

In buying investment property consider a house with the right things wrong with it. The wrong house at the wrong price can be a buyer’s nightmare.  An investor putting his hard earned dollars and his sweat equity into a property should be able to build in some equity of his own. In real estate you make your money when you buy. In figuring purchase price, renovation costs, plus an additional cushion for unforeseen problems and the unprofessional workmanship throughout this particular house, it was a loss. The true value was in the land. In researching further we found no surrounding properties in the neighborhood or on the street to add value on this house after the cost of a renovation. And, the fact remained that when completed, the house would still only be a 2 bedroom, 1 bath.

Some investors may be enticed by a property with a price that seems too good to be true, but leave it for someone else. A bad investment can waste time and drain a pocket book of hard earned money. Look for properties with the right things wrong.

If They Don’t Like the Outside, They Won’t Go Inside

If they Don't Like the Outside, They Won't go InsideHome buyers decide whether or not to look inside a house based on the exterior appearance. What they see when they drive by, or when they arrive for a showing sets the tone for that first impression. It often determines if a buyer even wants to go inside for a closer look.

Back in the 1980’s, before I was a Realtor, I was in the market to buy a house. The agent pulled up to a house that was rundown, unkempt and showed years of deferred maintenance. There were chickens, barricaded by wire fencing, roaming the overgrown front yard. I wasn’t in the market for an investment property or a fixer upper. I told the agent I had no interest in looking at the interior. She insisted I would fall in love with the house once I got inside. I told her no thank you.

If a buyer doesn’t like the outside of a house for sale, they’re not likely to look inside.

To prepare your house for sale, detach yourself from the property. Remember, it’s a business transaction. This can be hard for some, as there are memories attached to a home. Look at the house, as if you are a potential buyer.

Look outside

What is your first impression of the house and yard?

Can you enhance the outside features of the house?

Can you minimize the worst features?

Curb Appeal

Pressure wash the front path, driveway, sidewalk, deck and house.

Mist the roof with a light chlorine rinse. Be careful not to kill plants around the house.

Cut back any bushes or shrubs.

Mow, weed and edge the yard. 

Rake and dispose of leaves, even if your lot is wooded.

Trim tree limbs near or touching the roof.

Put away unnecessary items around the house.

Clean the windows and gutters.

Put a fresh coat of paint on the front door.

If you can budget it, a fresh paint job does wonders.

Add some potted flowering plants to the front porch, by the door.

Keep the pool crystal clear for showings.

I recently had a home seller tell me that she never liked her house, even the first day she drove up and saw it. She said a friend told her that it would ‘grow on her’. I say go with your gut instincts. If you don’t like it the first time you see it, then it’s not the house for you.

Remember, a buyer will discount their offer price on a house by thousands, for items that may often cost a seller hundreds to fix.  At home inspection time, buyers may estimate items found on an inspection report high. And often, they fear there are items that may not have been found, that may turn up after they have purchased the house.

So, before that for sale sign goes up, get that house market ready.

Staging your Brevard County FL

If they don’t Like the Outside, They Won’t Go Inside

Some Pets are Scared on the 4th of July

Some Pets are Scared on the 4th of JulyIt’s time for those holiday festivities this weekend and a lot of people are looking forward to having some much needed time off. But, not everyone is excited about the July 4th.  Some pets are scared on Independence Day.

More pets run away on the 4th of July than any other time of year. Too much activity and noise can cause severe anxiety for some pets.

During the 4th of July festivities try and keep your pet safe and comfortable.

Keep pets inside if at all possible, away from the noise of the fireworks. This will keep your pet from getting injured by stray fireworks and it will keep him away from the noise. He’ll have less chance of bolting or running away.

  • Turn on some soft music or the television in the house, to cause a slight distraction from the noise of the fireworks.
  • Spend time with your pet in a quiet safe place, during the height of the fireworks and festivities, to soothe him.
  • If you have to take your pet outside with you, be sure that you have him on a leash and keep him in close sight.
  • Keep an eye on your pet. Barking, howling and moving from window to window can all be signs of anxiety. Distract your pet with a dog treat or a favorite toy.
  • If you have a thunder shirt or vest for your pet, put it on before the fireworks start. It can help comfort some animals.
  • Don’t leave your pet home alone during the fireworks.
  • Keep holiday food away from your pet. It can be too rich.

Bailey the Boxer’s friend, Ralphie is coming over to spend the night so they can hang out inside before the holiday.

Have a safe and Happy 4th of July.

Deer Lakes Melbourne Pool Home on the Lake Sold

Deer Lakes, Melbourne  Pool Home on the Lake SoldCongratulations, Jeannine on the sale of your gorgeous Deer Lakes pool home in Melbourne with soaring views of the lake. The breathtaking sunsets are my favorite!

I hope that when I am 85 years old, I am as sharp, direct and energetic as you are. You are amazing!

Thank you for hiring me to sell your home. It was a pleasure working with you!

NAR Says that Nearly Half of Homes Selling in 30 Days

NAR Says that Nearly Half of Homes Sold in 30 Days

The National Association of Realtors indicates that 45% of homes listed for sale across the country sold within 30 days on the market.

The survey indicates that houses in Florida sold within 46 to 60 days.*

In May 2015, homes were on the market for an average of 40 days.  This is the shortest market time since May 2011.

The homes that sold in 30 days were in Colorado, Texas, Washington, Idaho and Kansas.

The homes that took the longest to sell were in Alabama, West Virginia, Mississippi and Arkansas at 90 or more days on the market.

*This seems interesting to me, as we are seeing buyers flocking to homes at certain price points the first few days on the market.  And, often we are in multiple offer situations. When priced right, homes here are gone in the first week. 

‘Just Looking’ at Homes for Sale… Those Days are Gone

'Just Looking' at Homes...Those Days are Gone

I was googling a search online this morning and found an article I had written in November 2008 about buyers ‘just looking’ at homes for sale.  I had written that the number of homes currently in the Brevard County real estate market was plentiful. Buyers could look at a house multiple times and take their time in making a decision on whether they would make an offer to purchase it.

Well, today, times have changes. Our inventory of homes available for sale is currently down. Today, buyers don’t have the luxury of looking at a home over the course of a couple of weeks. The good homes are gone in the first week… sometimes even in the first couple of days. We are seeing multiple offers on homes, at varying price points.

Sometimes buyers have to move quickly when they see a house they like. They can’t linger on the decision too long. It could mean the difference between getting the house and someone else getting it.

Some buyers are getting in bidding wars just to ‘win’ the house they want. But, be cautious, bidding wars can trigger emotions and make some buyers pay more for a home than they normally would or should. Remember, the house has to appraise, based on comparable homes that have recently sold, in the area. If it doesn’t appraise, the buyer and seller may have to agree to a compromise to make the transaction happen… the seller would reduce the price to the appraised value or the buyer would have to bring additional money to closing, above the contract price (if his lender allows). If they can’t come to terms, then both parties could be right back to square one. The house may have to go back on market and  would have to appraise for the next buyer, unless a cash buyer with no contingencies wants it. And, the buyer would be out looking at houses for sale again in this market of dwindling inventory.

In the Brevard County Real estate market, for now, the days of ‘just looking’ at homes for sale are gone.

Read the article here, Just looking at homes for sale November 2008.

HGTV Dream Home 2016 Here on Merritt Island in Brevard County FL

HGTV Dream Home 2016 in Merritt Island FL

HGTV has announced their 2016 Dream Home Location. They will be bringing their architects, constructions crews, producers and cameras to renovate a Merritt Island Home here in Brevard County, Florida. I have to say that the HGTV ad for Florida’s Space Coast  highlighted our area beautifully.

What a gorgeous place that we live!