Discover Local

Welcome to 'Discover Local' by FECRE, your premier gateway to Brevard County on the Space Coast. In every neighborhood, behind every corner, and within the heartbeat of this vibrant community lies a myriad of hidden gems waiting to be uncovered. Join us on an exciting journey through 'Discover Local' as we peel back the layers of Brevard County, revealing its distinctive charm, real estate wonders, and the essence that makes it a unique place to call home.Stay tuned for regular updates on real estate trends, market updates, and opportunities, ensuring you're always in the know about the latest developments. Whether you're seeking the perfect space, eager to explore local events, or yearning to connect with the essence of the Space Coast, FECRE invites you to embark on an adventure where every click brings you closer to the heart of Brevard County's unparalleled beauty and opportunities."

Feb. 21, 2024

Florida Space Coast’s Intracoastal waters of the Indian River Lagoon

By Mary Cotoia

Did you know that the Banana River and the Indian River which make up a large portion of the intracoastal waters along our Space Coast are not actually rivers, but estuaries?  Both bodies of water are lagoons fed fresh water from the mainland through canals, ditches, and lake runoffs along with ocean water flushing through five ocean inlets. This mix of brackish water is home to numerous flora and fauna. These intracoastal waters make up the Indian River Lagoon which runs 156 miles along Florida’s east coast and the entire 72 mile length of Brevard County. 

Known as ‘the cradle of the ocean’, waters within the Indian River Lagoon act as a refuge to many spawning fish, baby turtles, shrimp and crabs.  Acting as a protective barrier, the intricate blend of freshwater and saltwater creates a rich and diverse environment allowing them the opportunity to mature in the sea grasses and mangrove shorelines, away from predators until they reach maturity and can return to the sea. 

Instead of tides or gravity driving the waters within the lagoon, they are primarily driven by wind.  You may see the waters of the lagoon moving in different directions for this reason, or water may be completely stagnant and not flow at all. 

Our Indian River Lagoon is considered one of the most biologically diverse estuaries in North America. It has been designated an Outstanding Florida Waterway, an Estuary of National Significance, and a Surface Water Improvement and Program Water Body. Within the Indian River Lagoon you will find 665 species of fish, 370 species of birds, 2,200 animal species and 2,100 plant species. Beaches along the lagoon attract some of the highest number of nesting turtles in the Western Hemisphere. The lagoon is located along the Atlantic Flyway, a key biological highway for diverse migrating birds.

In addition to serving as distinct habitats to numerous plants and animals, locals and visitors alike enjoy the beauty and recreational opportunities of the lagoon, boating, fishing and kayaking.  You can find 50 access points around the lagoon for paddling & kayaking. With over 100 miles of equestrian trails along the lagoon shores, riders can enjoy the scenic views from horseback. Explore hiking and walking trails, or maximize your enjoyment of the lagoon’s remarkable wildlife with over 100 strategically located observation points. Take in awe-inspiring views of the lagoon region on 2 wheels with over 40 access points to over 100 miles of bike paths, winding through forests, parks, and along the shoreline. With over 300 species of birds, the lagoon is a birdwatcher's paradise. Visitors can find over 100 public birding locations around the lagoon, including over 30 sites on the Great Florida Birding and Wildlife Trail. After immersing yourself in the enchanting glow of a bioluminescence tour in a transparent bottom kayak, you can check it off your bucket list!

People from all over the world have come to appreciate the ecotourism experiences that the Indian River Lagoon has to offer. The biodiversity within the lagoon is unmatched, making it a Florida Space Coast treasure.

 

Posted in Space Coast
Feb. 13, 2024

How Long Does It Take to Close on a Home?

 by Carol McNamee, REALTOR®

The time it takes to close on a home can vary depending on several factors, including the specific circumstances of the home purchase and the parties involved. On average, it typically takes around 30 to 45 days to close on a home after the purchase agreement is signed. However, it’s important to note that this is just an estimate, and the actual timeline can be shorter or longer depending on various factors, such as:

Mortgage Financing: If you’re obtaining a mortgage to purchase the home, the timeline can be influenced by factors such as the lender’s efficiency, the complexity of the loan application, and any potential delays in obtaining the necessary documentation or appraisal.

Home Inspection and Appraisal: The time it takes to schedule and complete a home inspection and appraisal can impact the closing timeline. If any issues or discrepancies are found during these processes, it may require additional negotiations or repairs, which can extend the closing timeframe.

Title Search and Insurance: A title search is typically conducted to ensure there are no outstanding liens or claims on the property. This process can take a few weeks, and obtaining title insurance may also be necessary, which can add additional time.

Contingencies and Negotiations: The presence of contingencies in the purchase agreement, such as a home sale contingency or repairs requested by the buyer, can affect the closing timeline. If negotiations or resolutions are required, it may lengthen the closing process.

Local Factors and Seasonal Variations: The time required to close on a home can vary depending on local customs, regulations, and the workload of the professionals involved, such as real estate agents, lenders, and attorneys. Additionally, certain seasons or times of the year, such as holidays or peak buying seasons, can result in increased demand and potentially longer closing times.

It’s essential to work closely with your real estate agent (me!), lender, and other professionals involved in the process to get a more accurate estimate of the closing timeline for your specific situation.

Posted in Article
Feb. 7, 2024

The 2023 Annual Brevard Market Report

The Brevard County real estate market experienced notable trends in 2023, reflecting the dynamics of the region's housing landscape. Here's a concise overview of the annual market update for single-family homes, condos, and townhomes:

Single Family Homes:

  • Median Sales Price: $361,000
  • Number of Homes Sold: 10,396
  • Average Days on Market: 28 days
  • Months Supply of Inventory: 3.2 months

For single-family homes, the median sales price indicates a prevailing market value, standing at $361,000. A total of 10,396 homes were sold during the year. The average days on the market, a key metric for property turnover, was reported at 28 days. Additionally, the months supply of inventory, measuring the balance between supply and demand, stood at 3.2 months.

Condos and Townhomes:

  • Median Sales Price: $299,000
  • Number of Homes Sold: 2,587
  • Average Days on Market: 29 days
  • Months Supply of Inventory: 4.9 months

In the realm of condos and townhomes, the median sales price held steady at $299,000. A total of 2,587 properties were sold. The average days on the market for condos and townhomes were reported at 29 days. The months supply of inventory for this sector was 4.9 months.

Statistics produced by Florida  REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from  MlS feeds on the 15th day of the following month. Data released between the 21st -23rd of each month.

 

 

Posted in Market Updates
Jan. 8, 2024

Brevard County Florida’s 3-2-1 Countdown Area Code

 

 

By Mary Cotoia

 

On July 8, 1999, the game show "Jeopardy!" featured this Final Jeopardy question: "In 1999 several counties around Cape Canaveral, Florida were assigned this new telephone area code." 

Every launch from Kennedy Space Center begins the same 3-2-1. This unique area code, symbolizing the iconic countdown to a rocket launch, has become synonymous with the region.  In 1999 Brevard County residents were notified they would be splitting from the 407 area code and voluntary use of a new 321 area code could begin November 1st. However, as of Oct. 1, 2000, use of the 321 area code would be mandatory in Brevard County and customers who dialed the 407 area code for Brevard numbers would receive a recording that instructed them to hang up and dial using 321as the area code instead.

This change came from the efforts of one man, Robert ‘Ozzie’ Osband, fondly known as the ‘Rocket Hobo’.  Ozzie had a passion for space and oddly enough, for phones.  Growing up in Rochester, New York, Osband became a “phone freak” at about the age of 12.  "I was just interested in telephones, how they worked, I would hang around with the telephone man when he was in the neighborhood. And just generally enjoyed playing with them, and hooking them up, and doing strange things with them," Osband stated during a "Stay Curious" podcast, hosted by Mark Marquette, American Space Museum community liaison and host-producer of "Stay Curious." 

A resident of Titusville since 1987, Ozzie, a ham radio operator, and data programmer, noticed the  321 area code was up for geographic relief. "3-2-1, haven't I heard that number before?" he laughed. "Of course! Countdowns! And I live in the countdown capital. Now I know what area code I want."  He immediately went into action to petition the Florida Public Service Commission for testimony.  He was granted the opportunity to present his testimony on September 24, 1998 at a meeting in Orlando.  The commissioners loved the idea, and the rest is history.  On November 1, 1999 Gov. Jeb Bush made the very first 3-2-1 call to the Kennedy Space Center. On the other line, KSC Deputy Director James Jennings answered with Osband sitting by his side.

For four decades Osband, a self proclaimed ‘space geek’, rarely missed a rocket launch from the Space View Park in downtown Titusville where he would provide commentary and answer questions prior to launches.  On occasion, his enthusiastic “10-9-8…” countdown would humorously coincide with a liftoff, a playful quip among many friends due to the unpredictability of “T-0” timings and communication delays.

Ozzie Osband was passionate about the space program. For 20 years he served as a volunteer at the American Space Museum, Cape Canaveral Space Force Museum and Sands Space History Center, organizing talks and radio events in the early days of the U.S. Space Walk of Fame Foundation, the museum’s non-profit institution.  He was featured in both the NY Times and the Wall Street Journal for hatching the 3-2-1 idea.  The man who dialed up the idea said of himself, "Had to be a combination of 'Space Cadet' and 'Phone Freak,’ to come up with the idea,".  The quirky out of the box thinker passed away on August 6th 2023, leaving behind his 3-2-1 legacy.

Posted in Space Coast
Jan. 5, 2024

Homestead Exemption-Have You Filed?

 

by Kerri Worden, REALTOR®

Who Qualifies?

  • Anyone who owns and occupies the home as a
  • permanent resident prior to January 1st of the year
  • for which you are applying to. You must be a US
  • citizen or permanent US resident and a Florida resident as of January 1st.

What Information do I need?

  • Recorded Deed
  • Applicant's Date of Birth
  • Social Security Number
  • Spouse's Social Security Number (if applicable)
  • Florida Driver's License
  • OR Florida Identification Card
  • Vehicle Registration
  • Voter Registration

When do I apply? 

  • The timeframe for filing for the homestead exemption begins January 1st and ends March 1st.

Where to file in Brevard:

Have Questions?

Give us a call at (321) 877-4800! We are your go-to for all things real estate!

To see all available exemptions click here.

 

Posted in Article
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates