Lockheed Martin is expanding its footprint in Titusville with a $140 million, 225,000-square-foot advanced manufacturing facility.

The project is expected to create up to 300 high-wage jobs averaging $89,000 annually, drawing skilled talent to the area.

The new site will manufacture components for the Trident II D5 Life Extension 2 missile, bolstering the U.S. Navy’s strategic deterrence efforts through 2084.

Construction is already in progress, with operations set to begin in 2027.

This move is part of a $383 million Navy contract awarded to the company and will see about 100 U.S. Navy personnel involved locally.

Florida leaders, including Secretary of Commerce J. Alex Kelly, emphasize that the project strengthens Florida’s leadership in aerospace and defense while boosting the local economy.

Lockheed Martin is also partnering with area schools to build a skilled, future-ready workforce for the Space Coast.

“Roasted After You Click — Never Before”

A crocodile that traveled from the Florida Keys to Brevard County Park has been spotted once again.

The crocodile, which was previously seen in the area in 2021, was recently spotted by a visitor at a park in Brevard County.

Officials are monitoring the crocodile's movements and advising visitors to stay a safe distance away.

Crocodile sightings are rare in this area, but the animal is believed to be healthy and not posing a threat to humans.

Space Coast Weekend Events • Oct 24–26, 2025

"Life is either a daring adventure or nothing at all." - Helen Keller

Space Coast Launches • Oct 16–31, 2025

My wife, Karen and I just ate at Cozy Corner Cafe and had a wonderful experience!  Great breakfast and super friendly service.

Cozy Corner Cafe is a restaurant that has been serving home cooked comfort food for over 23 years.

The friendly staff and welcoming atmosphere make it a popular spot for those looking to satisfy their appetite.

The restaurant has a communal feel, attracting those with shared interests and a love for good food.

In addition to the cozy interior, Cozy Corner Cafe also offers a pet friendly patio for those who want to dine with their furry friends.

The hard work and dedication of the employees are credited for the success of the restaurant.

Each member of the team plays a vital role in creating a positive experience for customers.

Overall, Cozy Corner Cafe is a beloved establishment known for its delicious food, inviting atmosphere, and dedicated staff.

This article discusses how the recent government shutdown could impact the Florida housing market by 2025.

Due to delays in tax refunds, federal loan approvals, and unemployment benefits, potential home buyers may face challenges when trying to purchase a home.

The shutdown may also affect rental property owners and landlords who rely on government assistance programs.

Overall, the housing market in Florida may experience a slowdown in growth and transactions as a result of the government shutdown.

Veterans, Win $100,000 Toward Your New Home!

Veterans United Home Loans and realtor.com® are teaming up to extend a special thank you. Veterans United is giving one U.S. Veteran or service member $100,000 towards the purchase of a new home.

Brevard County Housing Market Update Q3 2025

New Construction Deal of The Week!

New Construction Homes in Brevard County, FL — Market Trends & Buyer Incentives (STILL THE BEST DEALS)

Brevard County, along Florida’s Space Coast, remains a sought-after area for new housing. With its proximity to the Atlantic, beaches, NASA/space industries, growing job sectors, and appealing quality of life, demand stays strong. But the market is shifting — especially in new construction. Builders are adjusting their strategies to adapt to higher costs and cooling buyer sentiment. That means opportunities for buyers.

Glossary: What Buyers See Changing

• Price Adjustments / Reductions: Builders are lowering list prices or offering “price cuts” on certain inventory or spec homes.

• Interest Rate Incentives (Rate Buy-Downs, Locked Rates, etc.): To offset rising mortgage rates, some builders (or their lenders) are offering promotional financing, rate buy-downs or locking in lower rates for a period.

• Other Incentives / Perks: These include closing cost assistance, upgrades (appliances, floors, patios, etc.), lot premium waivers, flex cash, or builder credits.

What the Data Shows in Brevard

Here are some concrete numbers and examples from Brevard County:

• Median and Starting Prices
  New homes listed in Brevard have a median listing price around $330,000. (Realtor)
  Homes in certain new-construction developments start much lower — in the low $200,000’s. 

• Price Reductions in Listings
  On Zillow, many new construction homes in Brevard are marked with price cuts. Examples:
  • A 4 bed 3 bath in Palm Bay was reduced by around $6,000. (Zillow)
  • Another home in Palm Bay dropped by ~$24,900. (Zillow)

• Incentives & Interest-Rate Relief
  • Some listings offer a “locked in reduced rate” or seller-paid rate relief mechanisms. For instance: “$15,000 buyer’s incentive OR this house comes with a locked in reduced rate as low as 4.99% APR.” 

• Affordable New Homes Are Still Present
  There are numerous new homes in Brevard under $400,000. (Jome) Some starting points are as low as ~$233,780 and rising depending on size, location, and upgrades. (New Home Source)

• Purchase Assistance Programs
  For eligible buyers, local government runs programs:
  • Brevard County’s Purchase Assistance Program helps very low, low & median-income families, and it can be applied toward new homes among other units. (Learn More)
  • There are income limits, good‐faith contribution minimums, and requirements such as being first time homebuyers. (Learn More)

Why Builders Are Offering More Incentives Now

Some of the forces behind what we’re seeing:

1. Mortgage Rates & Affordability Pressure
   As interest rates have gone up, monthly payments increase. To make homes move, builders are more likely to offer rate buydowns or locked incentives to reduce the financial burden for buyers.

2. Inventory / Competition Among Builders
   With many new communities in development, builders compete not just against each other, but also with resale homes. To stand out, they sweeten the deal.

3. Cost Pressures & Buyer Hesitancy
   Construction costs, materials, labor, permitting etc. continue rising. But buyer demand is a bit more cautious than earlier in the pandemic/boom period. That tension is pushing builders to both manage their margins and appeal more aggressively to buyers.

4. Regulatory / Local Policy Support
   Programs like the county purchase assistance help enable buyers to participate. These partnerships can help builders sell more quickly.

What Buyers Should Watch Out For

If you are considering buying a new construction home in Brevard:

• Read the fine print on incentives
  Some rate-buydowns are temporary, or only for a short period. “Locked in rate” sometimes means for an initial period and then adjusts. Confirm duration and conditions.

• Check which homes are inventory vs pre-construction
  Move-in ready homes sometimes receive price cuts; pre-construction deals may promise incentives, but delivery might be many months away. Things can change.

• Look at total cost, not just price tag
  Consider lot premiums, homeowners association (HOA) fees, insurance (especially for coastal areas or flood zones), property taxes, maintenance costs.

• Use local purchase assistance when eligible
  The Brevard County program can help with down payments/second mortgages (zero interest sometimes) if you qualify. (Default)

• Compare financing options
  Even with builder‐offered locked or reduced rates, it’s wise to get quotes from independent lenders to see what’s better over the long run.

Bottom Line

New construction homes in Brevard County are still very much available, with a good range from lower cost spec homes (low $200,000’s) to higher-end luxury new builds. Because of interest-rate pressures and increased competition, many builders are offering more incentives than in recent years. For buyers who are ready, informed, and who qualify for programs, now can be a favorable time to negotiate or find value.

If you’d like, I can pull listings from specific areas like Palm Bay, Titusville, or Cocoa, showing which homes have the best incentives right now. Do you want me to put that together for you?

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💯For a Free List of all new construction homes in Brevard, many with incentives,  visit https://NewHomesBrevard.com.

🔍Click Here To Find your Next Home!🔎