Space Coast Association of REATLORS® Blogs

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Pending Home Sales Receded 4.9% in January Key Highlights Pending home sales decreased 4.9% in January. Month over month, contract signings rose in the Northeast and West but fell in the Midwest and South. Compared to one year ago, pending home sales declined in all U.S. regions. WASHINGTON (February 29, 2024) – Pending home sales in January dropped 4.9%, according to the National Association of REALTORS®. The Northeast and West posted monthly gains in transactions while the Midwest and South recorded losses. All four U.S. regions registered year-over-year decreases. The Pending Home Sales Index (PHSI) * – a forward-looking indicator of home ...
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It is with great sadness that we announce the passing of Robert Lee Young, father of Leah Selig, the recently retired Space Coast Association of Realtors CEO, and Brenda Spivey, the Association's Member Services Coordinator. He was also the grandfather of Samantha Selig, a Board Member of the Association's Board of Directors. Robert passed away on Sunday, February 25, 2024, in Cocoa, Florida surrounded by his family. He was born on July 30, 1930, to Clay and Becky Young and was a US Air Force Veteran. Robert was preceded in death by his parents, son Robert Chief Young, and brothers Encil Young, Vanis Young, and William Whitey Young. Robert ...
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2725 Judge Fran Jamieson Way Viera, Florida 32940 www.brevardfl.gov Office: (321) 633-2000 Don Walker Communications Director (321) 690-6843 don.walker@brevardfl.gov FOR IMMEDIATE RELEASE 2/29/2024 8:26:36 AM Central Brevard Residents to Receive Notification of Smoke Testing for Sewer System BREVARD COUNTY, FL. -- Residents in Central Brevard County will begin receiving notifications this week of planned smoke testing that is targeted to begin in early March to help pinpoint potential holes, breaks or other flaws in sewer system connections and piping. Brevard County and USSI, ...
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Brevard County Fire Rescue Accepting Firefighter Sponsorship Program Applications Through March 29 BREVARD COUNTY, FL. -- Brevard County Fire Rescue (BCFR) is currently accepting applications for the Firefighter Sponsorship Program. This program provides funding for aspiring firefighters to attend Eastern Florida State College’s Emergency Medical Technician (EMT) program and take part in the Fire Training Academy. Upon completion of training, recipients enter employment with BCFR as Firefighter/EMTs. The program seeks motivated Brevard County residents that are dedicated to a fire service career with Brevard County Fire Rescue. Prospective ...
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Residents to Receive Notification of Smoke Testing for Sewer System in North Brevard BREVARD COUNTY, FL. -- Residents in Port St. John and North Brevard will be receiving notifications this week of planned smoke testing that is targeted to begin in early March to help pinpoint potential holes, breaks or other flaws in sewer system connections and piping. Brevard County and USSI, smoke testing contractor, will be sending notices beginning today, Monday, Feb. 26, to residents living in areas where smoke testing will be performed starting on Monday, March 4. Door hangers with other important facts and information related to the tests will also be ...
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Florida Realtors Disaster Relief Fund: There When You Need It Realtors helping others in times of need is what this charity is all about. Learn how to give and receive. Click Here to Give to the Disaster Relief Fund Make a donation to the Florida Realtors Disaster Relief Fund quickly and securely using this online form. DONATE ONLINE NOW ► The Florida Realtors® Disaster Relief Fund was formed as a trust in the state of Florida in August 1992, and since then it has been assisting Realtors and their employees as well as local associations and staff who experienced damage to their primary residences or offices ...
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The Homestead Exemption provides qualified applicants with a reduction in their home's taxable value up to $25,000. An application for the Homestead Exemption may be submitted any time throughout the year, but must be submitted by March 1 of the year in which the benefit will be applied. Once approved, the Homestead Exemption is automatically renewed each year as long as ownership and residence conditions remain the same for the property. Article VII, Section 6 of the Florida Constitution provides that all property owners who, as of January 1, have legal or equitable title to real estate and maintain it as their permanent residence, are entitled ...
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Residents to Receive Notification of Smoke Testing for Sewer System in North Brevard 2725 Judge Fran Jamieson Way Viera, Florida 32940 www.brevardfl.gov Office: (321) 633-2000 Don Walker Communications Director (321) 690-6843 don.walker@brevardfl.gov FOR IMMEDIATE RELEASE 2/23/2024 12:34:39 PM Residents to Receive Notification of Smoke Testing for Sewer System in North Brevard BREVARD COUNTY, FL. -- Residents in Port St. John and North Brevard will be receiving notifications of planned smoke testing that is targeted to begin in early March to help pinpoint potential holes, ...
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Public Policy Update Hello everyone. We are about three weeks away from the scheduled end of the legislative session and I’m happy to report that we had some very good news drop regarding the Business Rent Tax (BRT). On Monday, the House Ways and Means Committee filed PCB WMC5, otherwise known as the “tax package,” and passed it on a 16 – 6 vote. Contained within PCB WMC5 is another cut to the BRT that would kick in on July 1st. The cut would drop the state sales tax on commercial leases from 2% down to 1.25% for one year! Remember, the current BRT is set at 4.5%, but it is expected to drop to 2% in June based on legislation that was passed in ...
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December 2023 Commercial Real Estate Market Insights A Recap of Commercial Real Estate in 2023 In 2023, inflation and interest rates emerged as the twin pillars steering the economic landscape and, consequently, the dynamics of the commercial real estate sector. In pursuit of lower inflation, the Federal Reserve implemented multiple interest rate hikes throughout the year. One of the most direct effects of these higher interest rates was the increased cost of borrowing, affecting the profitability of new developments, the feasibility of certain projects, and the overall volume of real estate investments. ...
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RPR’s Data Partners: Your Secret Weapon in Commercial Real Estate RPR (Realtors Property Resource) offers commercial real estate practitioners a wealth of listing and property data, plus access to an array of analytical and ROI-focused tools. With over 800K listings, 57 million off-market property records, site selection tools, consumer demographic research, trade area data, traffic counts, POIs (points of interest) and more, RPR Commercial is basically a one-stop-shop for all things CRE. However, one question we hear over and over is: where does RPR get all of this commercial data and information? As an aggregator of data and resources, RPR is the ...
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Palm Shores, FL -- January 2024 Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County. You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties. A quick recap of the Brevard County Residential Report for January 2024: Closed Sales are down -6.4% for January 2024 in which the number of units closed was 581 compared to 621 in ...
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College Scholarships Offered by Florida Realtors Education Foundation We're here to help deserving Florida students offset the costs of college or graduate school. The Florida Realtors Education Foundation Student Scholarship Program (FREF) was founded to help deserving students offset costs for college and/or post-graduate school. Click here to Apply BEFORE NOON MARCH 6TH Here's who qualifies: Florida high school seniors who will be attending an undergraduate college or university Students currently enrolled in an undergraduate college or university Students pursuing graduate studies Those students considering a career ...
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REALTOR® Magazine NAR Challenges Sitzer/Burnett Verdict in Post-Trial Motions January 11, 2024 Legal , Fostering Consumer-Friendly Real Estate Marketplaces By: REALTOR® Magazine Staff The association says in court filings that the plaintiffs’ case was “rife with legal defects from start to finish,” leading the jury to the wrong conclusion. In post-trial motions in a U.S. district court in Kansas City, Mo., where the case was tried in October, the National Association of REALTORS® asked a federal judge Monday to enter judgment as a matter of law in NAR’s favor in the ...
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NAR: Fair Housing Month Toolkit Every April, REALTORS® commemorate the passage of the Fair Housing Act of 1968 and reflect on housing discrimination and segregation, past and present. As community leaders, real estate professionals have an opportunity to be a part of equitable and inclusive change. Fair Housing Month signifies a recommitment to advancing equitable opportunities and expanding homeownership. Reflect. Repair. Renew. Because That’s Who We R®. To get started, NAR provides resources and recommendations for members and associations to embrace Fair Housing Month: Fair Housing Month Toolkit Check out the Fair Housing Month Toolkit ...
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4 Florida Communities Among Best-Selling in U.S. Communities in Lake/Sumter/Marion, Brevard, Volusia and Orange/Osceola topped lists for best-selling in the United States. ORLANDO – Four master-planned communities in Florida made the list of the top 50 in the United States for sale in 2023, according to the Bethesda, Maryland-based RCLCO Real Estate Consulting and Irvine, California-based John Burns Real Estate Consulting. The Villages, which is the region's retirement mega-community that includes portions of Lake, Sumter and Marion counties, topped both lists. Viera in Brevard County ranked No. 20 on the John Burns list and No. 24 on ...
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PUBLIC WORKS DEPARTMENT Rachel Horst Public Information Officer (321) 634-2165 rachel.horst@brevardfl.gov FOR IMMEDIATE RELEASE Monday, February 5, 2024 4:40 PM Brevard County Public Works Department Hosting New Year New Career Mini Job Fair VIERA, FL. -- The Brevard County Public Works Department will host a “New Year, New Career” Mini-Job Fair from 11 a.m. to 2 p.m. on Thursday, Feb. 22, at the Brevard County Government Center at 2725 Judge Fran Jamieson Way, Building C in the Atlantic Room in Viera. The mini-job fair will focus on Automotive Equipment Operator I positions located in Palm Bay, Merritt Island, and ...
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NAR’s CEO Sets Record Straight on Commissions: National Association of REALTORS® Interim CEO Nykia Wright addresses false claims about commissions in real estate. Learn how NAR makes efficient, transparent, and accessible marketplaces possible, serving consumers and advancing homeownership. *Click link above to learn more Most consumers work with a real estate professional because they recognize that technology is no substitute for an expert helping them to navigate risk, avoid pitfalls, and obtain results. NAR has led our industry forward for more than 100 years by focusing on ethics, professionalism, advocacy, and putting consumers ...
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NAR Showcases Value and Expertise REALTORS® Deliver to Consumers Nationwide in 2024 "That's Who We R" Campaign WASHINGTON (January 31, 2024) – The National Association of REALTORS® (NAR) today unveiled its sixth iteration of the "That's Who We R" national advertising campaign, offering consumers a first-hand look at what REALTORS® can do for them. "This campaign is hyper-focused on the value that agents who are REALTORS® bring to consumers across the country," said Nicola Esposito, 2024 Chair of NAR's Consumer Communications Committee. "We're accentuating REALTOR® expertise by bringing to life genuine moments of connection with our clients, even in ...
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January 26, 2024 Public Policy Update Hello everyone. Today marks the end of week three of the 2024 legislative session and we already have budget work starting to begin. The House and Senate appropriations subcommittees have begun meeting and have published initial proposals for their respective areas. I'm not going to summarize any of these proposals just yet because truthfully, these numbers are just placeholders and mostly help point us in the general direction of each chamber's major funding priorities. If you really want to check out some of the proposals yourself, you are welcome to do by visiting the Senate subcommittee and House ...
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