June 2015

Found 3 blog entries for June 2015.

Florida Home

As we know, real estate markets change from month to month, and good news for sellers is not such great news for buyers.  We don’t currently have a balanced market in Florida real estate. The problem for buyers (and therefore the advantage for sellers!) is that there’s just not enough property to go round.

What would a balanced market look like? Well, economists typically look at what they call the ‘real estate absorption rate,’ which is calculated by taking the number of houses currently on the market by the number of sales. The result gives us a figure that show the number of months’ supply of homes available, or we could say, the number of coming months during which the market can offer as many homes are currently in demand. The market favors

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American MagLev Technology Inc

Looking for even more reasons to invest in Brevard County real estate? Well, here could be yet another good one. Plans are being discussed - nothing definite yet, but talks are underway - to introduce train links between Port Canaveral and some top shopping, travel and leisure destinations, including local beaches, hotels and restaurants. Rumour has it that even Orlando International Airport could get its own rail connection with this major central Florida east coast port, although it’s the internal transport system within the Canaveral area that is being prioritised at this stage.

The train links under consideration are courtesy of American MagLev Technology Inc, who are making plans for a privately funded operation. The company has over 30 years

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Embraer

National Realty is excited to announce some really great news for buyers and sellers in the Brevard County area. In a lucrative vote of confidence for the local economy (and, we predict, the real estate market!) a major player in international aviation is set to arrive in Titusville, Florida. Top commercial jet manufacturing giant Embraer has just gone public with major new plans to expand in the county, with the creation of 150 new jobs, each with a salary of just under $50,000.

The Space Coast economy continues to develop steadily, and this new Embraer operation looks like it will bring renewed interest in local property, as well as the incentive for other businesses internationally to make Brevard County their chosen location. Embraer’s highly

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