real estate

August Market Statistics and News from Brevard County

September 2023 \\\

Noteworthy News and Space Coast Spotlight:

Forecasts for 2023 are trending upwards

As we approached the end of 2022, numerous headlines predicted a substantial decline in home prices for 2023. This sparked considerable apprehension about the possibility of a housing market collapse reminiscent of the 2008 financial crisis. However, those sensational headlines proved to be inaccurate.

Despite experiencing a modest correction in home prices following the excessive appreciation during the so-called "unicorn" years, national home prices did not plummet. In fact, they exhibited a surprising level of resilience, surpassing the expectations of many.

The chart above shows the forecasts made by experts towards the end of the last year and compares them to their most recent predictions, demonstrating that even these specialists acknowledge their overly pessimistic outlook.


SpaceX sets new record for most flights in a year with 62nd orbital mission of 2023

SpaceX has achieved a new launch record in the Space Coast. On September 4th the company successfully deployed 21 of its Starlink internet satellites into orbit. This historic launch took place atop a Falcon 9 rocket at NASA's Kennedy Space Center in Cape Canaveral, Florida.

The mission marked SpaceX's 62nd orbital launch of 2023. Company founder and CEO, Elon Musk, proudly announced this achievement, surpassing the previous record established in 2022.


Restaurant Highlight - Cypress Table in Historic Cocoa Village

This months restaurant highlight is the one of a kind Cypress Table. With everything from Cuban sandwiches to gourmet doughnuts, this scratch kitchen is a great new addition to the Space Coast. The exposed brick. vintage decor, and friendly staff make this the perfect stop in the already charming Historic Cocoa Village. Their extensive menu with a variety of mouth watering options makes it hard to choose just one item. This restaurant is definitely worth checking out!





Monthly Market Detail - July 2023 \\\

Brevard County Housing Statistics

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