August 2023 Brevard County Florida Real Estate News

 

Noteworthy News from the Space Coast:

Palm Bay Tops List of Best Cities for 1st-Time Homebuyers

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Buying a home for the first time is an exciting and important milestone for many Americans. Their purchases make up a sizable chunk of the market, too. In 2022, 26% of home purchases were made by first-time buyers.

In a recent study, WalletHub compared 300 cities across the US and ranked Palm Bay as the top city for first-time home buyers. These cities were ranked based on affordability, real estate market health and overall quality of living, with 22 individual metrics within each category.

 

Amazon’s Project Kuiper Invests $120 Million in Florida’s Launch and Landing Facility

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Amazon has chosen NASA's Kennedy Space Center for the construction of its upcoming network of space-based internet satellites called Kuiper. This $120 million project will include the development of a 100,000-square-foot processing plant. Projects like this bring jobs and economic benefits to Brevard County.

 

Amphitheatre at Veterans Memorial Park in Merritt Island

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Since 2017, the Merritt Island Redevelopment Agency (MIRA) has undertaken an ambitious commitment to enhance the Veterans Memorial Amphitheatre, with a generous funding of over $2.4 million dollars. These exciting enhancements are currently in their final design stages, progressing through permitting review, bidding, and construction. The project is set to reach completion in early-mid 2024, promising to transform the amphitheater into a venue for various events and performances.

 

Restaurant Highlight - The Daley Trade in Downtown Titusville

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The Daley Trade is a creative wine and tapas restaurant located in historic downtown Titusville. Entering through the European market you can browse the selection of artisan sourdough loaves, handmade pasta, and an extensive selection of craft beers and natural wines and well as other dry goods. The dining room offers an ever changing specials menu that highlights seasonal foods and fresh local produce. Pair these creative tapas with craft beer or wine from a carefully curated wine selection featuring natural, organic, and biodynamic wines.

 

Monthly Market Detail - June 2023 \\\

Brevard County Housing Statistics

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