McCoy-Freeman Group's (redrealtor) Blog

If you haven’t already heard there is a debate on whether or not to send astronauts back to the moon. The truth is we have many people already there! I’m talking about a few dozen or more real estate sellers and Realtors trying to sell properties at a much higher price in today’s market. Here is ...

In today’s Cocoa Beach real estate market there are many properties for sale. Some are priced lower than market value, some priced above market value and there are a few that are priced way way above market value. Why way above market value? I’m not too sure. Sometimes these sellers owe more than...

Let's reflect and review the key factors relating to the recent real estate collapse. 1. The Federal Reserve began aggressively cutting rates after the September 11, 2001 terrorist attacks in order to avoid a possible economic recession. By mid-2003 the rates reached 1%2. Mortgage rates fell from...

It's been 233 years since Paul Revere's famous "Midnight Ride" from Boston to Concord. He warned the colonists and Minutemen, “The British are coming.” Minutemen were citizen soldiers in the American colonies who were ready to fight the British troops at a "minute's" notice during the years befo...

With the overall inventory down and closed sales on the rise, I wanted to take a closer look at the luxury condo market above $500,000 in Cocoa Beach & Cape Canaveral Florida. This sector is doing well with inventory that continues to decline and closed sales that continue to increase. 90 - Avail...