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.
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| Viera East area includes Suntree area north of Wickham Road |
For information on buying and selling a house or condo in Viera, Suntree or Rockledge, Florida, call me at 321-693-3850 or email me.
Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
Read my blogs Florida Homes for Sale, Moving to Brevard County, Florida, and Brevard County Florida Real Estate Information.
