The Vero Beach real estate market, like most housing markets throughout the U.S., presents a challenge for that segment of the population commonly referred to as “Millennials.” Millennials are generally identified as men and women between the ages of 25-34. Let’s look at the ongoing dilemma many Millennials face in today’s complex real estate environment. Vero Beach Real Estate: Where […]
Vero Beach Mortgage Market: Deja Vu?
The Vero Beach mortgage market remembers – as do we all – the U.S. housing crash of less than a decade ago. One of the hallmarks of the crash was mortgage lenders who required little or no supporting documentation. When the housing market was booming, they were called “stated income” loans and were advertised as “low-doc” or “no-doc” loans. After […]
Vero Beach Economy Almost Reaches Projections
The Vero Beach economy grew only slightly less than expected during the first quarter of 2016. This was due, in part, to a surge in home-building and a slow but steady increase in inventory investment by businesses. The U.S. Commerce Department had projected the gross domestic product (GDP) to grow at a rate of .9%. In actuality, the GDP grew […]
Vero Beach Homes for Sale: Agent and Buyer Relations
Vero Beach homes for sale represent opportunities for home buyers and real estate agents. And the better the relationship between the buyer and the real estate professional, the more likely a successful and enjoyable outcome will be. As in other relationships in business – or life in general – being on the same page is important, and can be critical […]
Vero Beach Real Estate: Judging the Book’s Cover
Buying Vero Beach real estate is an emotional process. Many buyers see a house they fall in love with and decide in their heart and mind that's the home they want to buy. If you find what appears to be the perfect home for you and your family, it’s a good idea to take a more detailed, in-depth look at […]
Vero Beach Insurance: Getting the Best Deal
Vero Beach insurance – like many other goods and services – depends on several factors and can vary from carrier to carrier, and house to house. Homeowners insurance experts say that insurance premiums and coverages can very from one house to the next, even if they’re on the same block in a subdivision. With the cost of living seemingly always […]
Vero Beach Real Estate: Avoiding Seller’s Remorse
The Vero Beach real estate market is like that of other parts of the country. No doubt you’ve heard that home inventory is low and people choosing to sell are in the proverbial “catbird seat.” The basic economic principle of supply and demand is never more true than in a seller’s market – where supply is low and demand remains relatively […]
Vero Beach Home Buying: Think “New”
The Vero Beach home buying market offers a number of options. With sales of new construction last year surging to the highest level since 2007, single-family home production is projected to reach 840,000 units this year. That represents an increase of 18% over 2015, according to the National Association of Home Builders (NAHB). The challenge for home buyers, however, is […]
Vero Beach Home Improvement – Planning Ahead
The Vero Beach home improvement market is dynamic. While mortgage interest rates have remained at comparatively low levels for the past few years, it's tempting to assume more people are buying new homes than are renovating or remodeling their existing homes. However, remember this: Because interest rates are so low, home equity loans and complete refinances continue to be popular […]
Vero Beach Mortgage Market: Even the Rich Have Poor Credit
The Vero Beach mortgage market probably contains a number of borrowers and prospective borrowers who would be considered affluent. As such, one would assume people who have lots of money, large assets and high net worth would almost automatically qualify them for a jumbo mortgage. If you assumed that, you'd be wrong at least some of the time. Some affluent borrowers […]