Headlines may be unsettling, but smart buyers in Brevard are looking beyond the fear and focusing on opportunity.

The U.S. economy shrank by 0.3% in the first quarter of 2025, following a strong finish in 2024. Combine that with higher mortgage rates and slow home price growth, and it’s no surprise many would-be buyers are feeling uneasy.

But here’s the truth: this isn’t 2008. And in many ways, this market is creating new openings—especially for buyers who are prepared.

Three Steps to Smarter Homebuying in 2025

If you’re considering buying a home in Brevard County this year, here’s a calm, fact-based way to approach your next move.

1. Name the Real Concern

A lot of local buyers are saying: “I think I’ll wait and see how the economy shakes out. I don’t want to regret buying now.”

Completely fair. But instead of pressing pause, try pinpointing what exactly is giving you pause.

Is it interest rates? The fear of overpaying? Uncertainty about job security? Timing with your lease?

When you understand the root of your hesitation, you’re in a better place to make informed, confident decisions—not fear-based ones.

2. Check the Market, Not Just the News

Here in Brevard County, market conditions are shifting in ways that may actually benefit buyers:

• Inventory has increased, giving buyers more options and reducing the frenzy we’ve seen in past years.

• Sellers are adjusting: more price drops are happening, and homes are spending longer on the market.

• Median list prices are holding steady, with only modest year-over-year gains—meaning you’re not walking into a runaway market.

This isn’t a fire sale, but it is a window. While others wait, you might just find the right home at the right price—with less competition.

3. Make a Plan—Even If You’re Not Ready Today

If your ideal timeline is 6 to 18 months out, now is the perfect time to strategize:

• Maybe you rent and save while watching the Brevard housing market.

• Or maybe you dive in now and take advantage of reduced competition and more negotiating power.

Either way, making a plan gives you the edge. Because even in uncertain times, the people who win are the ones who prepare.

Ready to Talk Strategy?

Don’t let market noise cloud your judgment. Whether you're thinking about moving to Melbourne, Palm Bay, or Cocoa Beach, the Brevard County real estate landscape has opportunities if you know where to look. Let’s sit down and build a plan that makes sense for your goals—before those windows start to close.

Sources: Realtor.com, BEA, BAM