It's a Great Time to Visit an Open House

Christine Edwards
Communications Director
Space Coast Association of REALTORS®
2950 Pineda Plaza Way
Palm Shores, FL 32940
321-242-2211

Palm Shores, Florida May 17, 2019 – The buying season has begun, and this year potential buyers can take advantage of plentiful inventory and record-breaking housing affordability conditions.

REALTORS® across the country will hold thousands of open houses from coast to coast, aiming to focus attention on the benefits of homeownership for individuals, families, communities and our nation’s economy.

“REALTORS® will hold open houses in various neighborhoods throughout the Space Coast this summer. They will provide guidance for potential buyers and answer questions about the local housing market, as well as the home buying and selling process,” said Dennis Basile, 2019 Space Coast Association of REALTORS® president. “If you are interested in purchasing a home, visiting open houses is a great way to get an idea of what you can afford in certain neighborhoods, as well as a taste for what is on the market.”

The National Association of REALTORS® (NAR) 2018 Profile of Home Buyers and Sellers shows that 53 percent of all buyers used open houses as a source in their home search process. This figure suggests the value of open houses even in the internet era. Women are more likely to use open houses than men, as are buyers who were not born in the U.S. or whose primary language is not English. NAR also reports that older buyers rely more on open houses than younger buyers, and buyers with higher incomes are also more likely to visit open houses.

“REALTORS® visit hundreds – if not thousands – of homes with buyers each year, and have a unique understanding of what buyers can afford in our local market,” Mr. Basile said. “Homeownership helps builds financial security over the long term. It’s an investment in your future, as well as generations to come.”

NAR also recently reported that more renters than ever aspire to become homeowners and an overwhelming majority of Americans believe buying a home is a solid financial decision. Homeownership is even more attractive now with housing affordability conditions reaching their highest level since record keeping began in 1970.

Home buyers and sellers are encouraged to contact a REALTOR® to get information and advice about the local real estate market. Visit the REALTOR® Directory on SpaceCoastMLS.com to find a REALTOR® to work with throughout your real estate transaction. SpaceCoastMLS.com visitors can also search for homes our our public Multiple Listing Service (MLS) Space Coast MLS.

About the Space Coast Association of REALTORS®

Since 1959, the Space Coast Association of REALTORS® has been a professional trade association that provides services to our local REALTOR® community. Our membership base is comprised of more than 4,500 REALTORS® and Business Partner members that service Brevard County and adhere to a strict Code of Ethics when working with one another and the general public. The Space Coast Association of REALTORS® takes an active part in community programs and pursues projects our members support to further real estate interests. The protection of private property rights is always our top priority.

For more information, contact Christine Edwards at 321-242-2211 or via email at christine.edwards@space321.com.