Tampa, FL -- (SBWIRE) -- 07/02/2014 -- A big real estate project is expected to trigger a price increase in the properties in Brevard County. Florida area and Dale Sorensen Real Estate of Brevard LLC suggests that property buyers make their purchase now before the price hikes happen.
The Northrop Grumman project, code-named Project Magellan, is expected to create bigger demand for properties in Brevard County and possibly bring up prices in Melbourne Beach real estate.
According to Joshua Harris of the University of Central Florida, there is a potential for price increase in Melbourne Beach FL real estate and other parts of Brevard County because of the big-ticket project.
The Northrop Grunmman project has further fueled the recovery of the housing market in Brevard in general and Melbourne Beach FL real estate in particular. As of March this year, there was an increase of 26 percent in closed sales in the sector, with the median price rising to $132,000.
Dale Sorensen Real Estate, which advertises homes for sale in Viera, FL and nearby areas, suggests that property buyers buy homes now instead of waiting for the real estate property price hikes to happen. It advises property buyers to partner with a license real estate broker or brokerage firm that can assist them in finding a reasonably priced Melbourne Beach real estate.
But the company also encourages property buyers to be cautious in hiring a real estate broker or brokerage firm. Property buyers should ensure that the broker or brokerage firm is legit by asking for certification and other legal documents.
About Dale Sorensen Real Estate
Dale Sorensen Real Estate specializes in oceanfront, beachside, riverfront, and other properties in Brevard County, FL. Owners of homes for sale in Viera, FL may also advertise their properties in the website. For more information, visit http://www.dalesorensenbrevard.com.
Albert T. Mathis
2384 Marion Drive
Tampa, FL 33619