Thursday, August 11, 2011

Despite Space Shuttle Program Ending, Brevard County is Experiencing a Real Estate Boom, Says One local Realtor

MERRITT ISLAND / ROCKLEDGE, Fla. --- Home buyers are moving to Brevard County despite thousands of layoffs attributed to the end of the space shuttle program. That’s the word from Kim Tillett, a sales executive at Stirling Sotheby’s International Realty who focuses on Brevard County.

Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said Tillett sold four homes in July for over $1 million — a five bedroom home on Killarney Ct. in a gated community in Merritt Island; a four bedroom home on Twelve Oaks Circle in Merritt Island; another four bedroom home on Hudson Drive in Rockledge and a three bedroom waterfront home on Sandpiper St. in Merritt Island.

“We’re seeing four kinds of buyers,” Tillett said. “New niche families from around the country who have the option of working from their homes are moving into the area to upgrade because of the affordability, quality of life and excellent schools; second home buyers coming from the northeast looking for vacation homes for their families, active adults who see Brevard as a great place to retire, and investors who are seeing great deals with anticipated future growth in property values,” she said.

Tillett added that August will be another strong closing month for her and her pipeline of buyers is growing every day.

“It’s exciting to see all of the new families discovering what Brevard County has to offer and the great home buying opportunities here,” she said, “and the biggest challenge now is finding a steady supply of good inventory – it’s way down from where we were 3-4 years ago.”

The Sotheby’s International Realty brand has been an asset considering most of the buyers are coming from outside of Florida and even the U.S., Tillett said.

About Stirling Sotheby’s International Realty
Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.