This lovely, spacious, well cared for 2 Bedroom 2 Story Condo at Tennis Village in Titusville, sits on the edge of the complex on a quiet street. Roof is only 3 years old. Great complex with Community Pool & Tennis Courts! Convenient to shopping, restaurants, churches, golf, etc.

Mary is moving to be closer to family. Price just reduced from $109,900 with another agent!  Some furnishing negotiable, too! Great opportunity for a single, couple, small family, snowbirds or retirement nest. Call today for an appointment. See and compare with others... you'll grab this one!

Bring Your Boys and their Toys to this wonderful property in Indian River Plantations. Huge Vulcan Steel stand-alone Cover Bldg for the nicest motorhome plus 2 50amp hookups. 1080SF Workshop with 13Ft door + office w/AC. Fenced back yard. Glassed Floridaroom for year round enjoyment. Recent roof, appliances, vent cleaning, new tile & more. Spacious single story Ranch style with big master suite with its own sitting area with fireplace, organized storage & more. See this one soon and save. Owners are going on the road again, Free recorded info at 1-800-295-7888 x 2176.

This lovely One Owner custom Home on almost 5 acres is waiting for a new owner now that the family who loved it has grown up - & moved on. Perfect for gardening, horses, critters & cattle. 3 Stall Barn has adjacent pen. Natural pond for watering livestock. LOts of Room to Roam!!

3 Bedroom split plan provides parental privacy along with a big closet, generous bath with garden tub for relaxing & a separate shower. 

Oversized double garage is over 600 SF with ample storage. There's also a Laundryroom This home was designed for reeal family living! You'' even enjoy the oversized Front Porch facing nort for a relaxing time outside no matter what the weather!

Looking for More Life and Less Responsibility for Less Money?  Here is a great opportunity on a lovely update Manufactored Home on a leased lot in a deed restricted Adult Community in S. Titusville.

My friend Mary has a great home she is selling. Since we cannot use MLS (no land), I am hoping to help her as well as help someone else find a good opportunity! This is what is included:

28 x 52 VINYL SCREENED PORCH 12 x 27 UTILITY ROOM - CARPORT
OPEN LIVING ROOM/DINING/KITCHEN - VAULTED CEILINGS
UPGRADED KITCHEN - JEN AIR ISLAND W/TILE PERGO FLOORING KITCHEN/FOYER/HALL.  NEWLY CARPETED LIVINGROOM
KITCHEN: NEW DEEP SINK ($600)- NEW COUNTER-TOPS - DISHWASHER - DISPOSAL
CEILING FANS ALL ROOMS, ROOF 2 YRS - AC 3 YRS
PRIVATE 14 x 16 FOOT DECK COMPOSITE - NEVER ROTS OR NEED PAINTING 
CLUBHOUSE - GREAT AMENITIES - CLOSE TO ALL ATTRACTIONS
WATCH SHUTTLE & ARES LAUNCH FROM DECK ON LAKE

Contact me and I will put you in touch with Mary!

Everywhere I go, people are always asking me “Pat, How’s the real estate market doing around here now?”  I decided it’s time for a real report vs. my humble opinion, but of course I will share some of that with you as well!  These stats are gathered from the Brevard MLS system. areas 101-210.  Private & builder non-mls sales are.excluded.

In 2008: 1^st 6 months: 411 closings with average of 125 Days on Market

High $899.000.         Low $32,000.         Average: $150,000    Median: $135,000.

In 2009: 1^st 6 months: 533 closings with  average 119 Days on Market

High: $745,000.        Low:$10,500.         Average: $108,000    Median: $92,000.

So what everyone is saying IS partly right. It is taking longer to sell… the ones that closed and the final prices are even lower. To put this into perspective, I did the numbers by price range as well for the same 6 months.

Under $100K      $100K>     $150K>     200K>     300K>      $400K>     $500K>

2008:     109         142           80             56            14              3                 3

2009:     260         155           56             38              9              1                 1

Inventory today is 902 residences priced from $9,900. to $2.5million, average 193 DOM  

Actually we have 5 Million $+ listings, all but 1 were on in 2008!

Important in the 2009 numbers is that there were less than 50 closed sales priced at $150,000. or more, about a 50% drop! And those closed under $100,000 were more than doubled!  (2.38 times).

Here’s what that could mean for you! 

If you are able to buy, especially if you qualify for the Tax Incentives, you really need to get serious about looking for the right home while the selection is good.

If you are considering selling vs leasing, weigh your options carefully. It may take longer than you are thinking for market recovery.

If you are an Investor, even a first timer, the choices could be outstanding. Figure out your financing options before you make the offer. Cash talks, particularly in condos and lender owned properties. And be prepared to be a bit more liberal with your new tenant prospects because their credit may be bruised.

If you really want or have to sell now, for whatever reason, remember that curb appeal is still important, but pricing right is absolutely King! Be sure to use internet price points to your advantage when you enter the market. Be prepared to help the first time buyers with closing costs since they are prime buyers now.

If you or a family member/friend is a Snowbird, empty nester, or retiring soon, now could be an excellent time to find the next nest before the best ones get picked over.

Regardless of all of the above, there is an important fact I learned back in 1973 when I first started in real estate. “UNDER ALL IS THE LAND.”  Buying, selling or leasing, the one thing you cannot change is a property’s location. That’s in Gods hands. You are better off with a smaller place in a nicer area than the best place in a less desirable one. The only thing that “fixes” a poor location is dropped price and owner terms.

If there is anything I’ve said that you would like to discuss, please contact me. I am always pleased to be able to share my knowledge and experiences as well to help you understand the market or explore your next move.  

 Pat Argo, CRS  321-267-5025

     I am grateful for all my many blessings. My life has been charmed in so many ways.  There has been a lot of drama ( Some people suggest I should write a book!), as well as adventures, and happy endings

     I am especially grateful for my wonderful late husband Dick. Growing up on an Illinois farm, he joined the Marines after college and proudly served his country in Japan and Korea. He worked at the Space Center and downrange for RCA/GE for 32 years as the Space Center developed, and spending his last 3 years before retirement on a classified project out of Virginia Beach with GE aboard the SURTASS, which is mentioned in the book "The Hunt for Red October". Once retired we planned to travel for fun, but his hardest battles were just beginning! Shingles, RA, then Esophageal Cancer with drastic treatments at Shands, beating the 92% fatality rate!  Later the final 4 year battle with a deadly blood cancer that took him from me/us 18 months ago.

     He bravely helped me raise my 4 little girls into beautiful, strong women without complaint. His strength, intelligence and integrity in all things as well as his friendly smile, twinkling blue eyes and acceptance of everyone have left their mark on us all.

     Growing up in the early 40's in Gainesville myself, I remember my uncles serving in the military. Many of the guys at our restaurant were GI's.  My oldest grandson, Luke. is in Italy now with the Air Force. My 2 neices, Sunshine and Lucy are also military trained. I am grateful for them, for all those who serve and protect us today as well as through out our history.

     I watched the PBS tribute special tonight as I always do with pride in my country.  Thanks to God and all of them for the peace in my life and heart.

     NOW the east coast is suffering from passive flooding the past few days. Parts of Volusia and Daytona Beach have received over 24 inches in 3 days. North Brevard has received over 8 inches. They are now declaring historic flooding for non-tropical storms. People in the beach communities are navigating in boats and rafts as streets are all flooded. Over 1000 homes are flooded in Volusia. Yet even living on the coast, most property owners do not have flood insurance. A State of Emergency has been declared.

     We had an exchange of some lively and informative commentary. I was impressed with Suzanne Kosmos insightful comments and questions.  When it was all over, I was asked to be interviewed by the reporter for Florida Today. Not known for being bashful, I of course answered her questions frankly and to the best of my knowledge. 

     Wow, was I surprised when I started getting calls early the next morning from people who had seen the article at the top of the front Business Page! Even my adult kids were impressed. I never thought about the publicity when I started out that day! Take a look for yourself! 

     Small block built Home on a fenced corner Lot with single carport. Updated Kitchen with lots of cabinets and a pantry. Recent roof & central system. Updated baths are attached Hollywood style. Master Bedroom has walk-in closet. Home is available for Lease only. Tiled floors in most of home. Berber carpet in bedrooms. Recent Electic range & central system.

     Home is avaiable immediately. Sorry but no pets or smoking accepted. Non-refundable $40. cash per adult for credit report & background check. No prior rental evictions considered. Income stability & references important. $800. Damage/Security Deposit required. Bring your own washer, dryer & refrigerator. Owner will continue to make improvements.  Call Pat to see inside 321-267-5025

The only reason this home has not rented is because we do not accept pets here and do require references, no evictions and stability. Many of our tenants stay with us several years because  we take care of our property and when tenants do their part (paying on time, taking care of yard and inside, keeping us informed) we do our very best to keep them happy and with us. Free recorded No Hassles Information about our basic Tenant criteria/requirements at 1-800-295-7888 ext 2316

     This is a small Block-built 1963 one story House nestled under the trees with a metal roofed storage shed. Laundry area is inside home. Home passed Sect 8 inspection summer 2008. Property is being sold AS-IS. No appliances included. Owner in out of area nursing home and never lived in house. Walking distance to Titusville High, Public Library, Indian River, Courthouse, Historic District shops, Restaurants, etc.

     The value is in the Land and the Section 8 Tenant who had been in place about 20 years and just moved. Tenant selected outside color! Property is zoned R-3, adjacent to Contractors property and close to several apartments. Current Tax of course does not have homestead. Highest & best use would be sub-divide and build or convert to multiples.  Land Tax value 2008 is $42,000 . Free recorded information 24/7/365 at 1-800-295-7888 ext.2156

     Attractive, older CBS Bungalow nestled between hig end home subdivisions. Kitchen has been recently updated with nice cabinetry. This property has been foreclosed and Lenders have reduced price to way below prior mortgage!  Property & home being sold AS-IS. Needs roof, plumbing & electrical updates. Fenced, deep back yard. Lots of tropicals & succulents.

     Must be shown by appointment. Free recorded Information 24/7/365 at 1-800-295-7888 ext 2106. Or call Pat direct with questions! 2008 Tax Market Value at $105,500.!

     I watched President George Bush as he gave his final address this week. You know the man really had a lot on his shoulders the past eight years. Things like 9/11 and the oil crisis and the financial ruin wrought by many who bought and or sold real estate and investments for the wrong reasons. I saw people buying and now selling from FEAR. Not a good word!  I saw them doing so from GREED. Even worse!  It is time for a shift.

     Many things have changed. It is not just politics. A nd I believe a lot of things needed changing! We will see how it all works out. I hope it will go smoothly regardless of how you feel about the political parties.  Pay attention and take responsibility for your own part in what happens and what we leave for those who will follow. Let's pull together and offer a helping hand when we can. Let's try to make it a Stress Less 2009.

Here is a nice almost new 3 Bedroom Home for rent waiting for a nice family with NO pets, NO smoking inside to move right in! Lovely split plan. Master Bedroom features a walk-in closet plus a great Bath with inviting soaking tub plus a seperate shower! Great Kitchen with fridge and some built-ins throughout. Laundry area off Kitchen with hook-ups for your washer and dryer. Lawn care can be included for additional $75. per month.

The only reason this home has not rented is because we do not accept pets here and do require references, no evictions and stability. Many of our tenants stay with us several years because  we take care of our property and when tenants do their part (paying on time, taking care of yard and inside, keeping us informed) we do our best to keep them happy and with us. Free recorded No Hassles Information about our basic Tenant criteria/requirements at 1-800-295-7888 ext 2316

Almost 3/4 acre with 300 ft US#1 frontage zoned BU-2 for any business and 75 ft frontage on Lord Street with a nice little 1956 Bungalow. Room to add additional structure for business. Recent roof, air conditioning and water softner. Large utilityroom (original garage) could be divided or modified to add master bathroom.

Home was rented for $800. per month for several years. Owners have contractors replacing entire roof, septic system and is presently completing renovations. Located just 6 miles north of Hwy 46 traffic light on US#1.  This property is shown by appointment due to painting. Free recorded No Hassles Information at 1-800-295-7888 x 2596. Or simply call Pat! 321-267-5025!

Have you been thinking or dreaming about living on the Indian River, across from the Shuttle and Missle Launch Pads on a quiet cove? There's even a small dock for fishing or viewing. Maybe thinking of a winter nest... or retirement home? Here is a great opportunity for the young or young at heart who are still nimble and spry! Recent tile roof. Owner has several projects in the works but retirement is postponed and needs to sell as-is.

The first level of this Townhome features 488 SF Garage and laundry areas plus patio. The second level is an updated expanded Kitchen and Great room with Fireplace. Views of the inviting Pool and Hidden Cove from the 2nd & 3rd floor Decks. Third level has 2 Bedrooms with a bath between with large Master Bedroom overlooking the Pool & Cove.  Free recored NO hassles Information 24/7 at 1-800-295-7888 x 2496

If you have not owned a home in three years, you qualify as a first time home buyer. If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit. Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify. It has to be your principal residence, so rentals do not count.

The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit. In other words, you take $7,500 off your tax bill. But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.

The loan has no interest, and will be paid back over 15 years. You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment. You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year. If you stay put for 15 years, you pay it off with no interest.

What happens if you sell the house? You pay the balance back at the closing. So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house. What happens if you do not make enough money when you sell your house? They forgive the rest of the debt.

Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.

If you'd like to learn more about this program, please call me!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.