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Cape Canaveral Real Estate Market Trends – Florida

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Cape Canaveral Real Estate Market Conditions and Trends

Homes for Sale > Real Estate Market > Florida Real Estate Market > Cape Canaveral Real Estate Market

Winter 2012 Market Update I’m here for Your Home Needs. Let me know how I may assist you. Thank you for stopping by - buy!
Average Home Price	$150,000 - View Graph Trend

Average Price Compared to Last Year	Down 5-10%

Average Time on Market	60-90 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$300,000 - $349,000

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	No Change

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Cape Canaveral is	Increasing

Seller Activity for the past 90 days in Cape Canaveral is?	No Change

Multiple Offers?	Yes

Multiple Offers Commentary	Be careful of properties priced 'too good to be true'. Sometimes the properties will be listed very low to generate a bidding process.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	25-30%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	I have contacts for financing or any questions you may have about assistance in buying a property. Take a few minutes and get your pre-approval with a local lender so you understand your buying power now.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Watch for the attractive opportunities and be ready to make a move. Some sellers are pricing the properties to SELL and you will see them go under contract in short order. I can provide a very accurate value analysis on any property you find.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	When you combine the opportunities to: buy at a very attractive price, with competitive interest rates, and walk to the Ocean - this creates a perfect time to buy beachside in Brevard County!

Nearest Metro Area	Melbourne, Florida

Housing Hot Spots	From Cape Canaveral south to Melbourne Beach, you can find a great property at a very good price.

Average Sold Price	$150,000 - View Graph Trend

Cape Canaveral Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates

– Feb 11th, 2012 –
---------------------------------

30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)

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