Melbourne Area Blog

It appears that the Real Estate Market in Brevard is holding it's own!

January was a very good month for sales considering the overall economy. Already in February until today, there have been 383 Single Family homes go under contract. The good news is... we are starting to see an increase in sales of homes in the $400,000 - $600,000 price range.

I have had several people ask me about State Farm pulling out of Florida....

State Farm again asked the state for yet another increase in rates, 47%, which was denied. In the past few years State Farm has steadily decreased the number of homes they would insure, by tightening their requirements. They are unwilling to assume much risk, yet expect the homeowner's that they do insure to carry the burden.

There are many new insurer's approved by the state, selling home insurance in the state. My advice if you have received a cancelation notice from State Farm is to call an Insurance Broker. Many of my clients have had good results with Robinson Insurance in Indialantic.

QUESTIONS OR COMMENTS?

SANDY@SANDYLEGERE.COM