It’s that time of the year again where the experts dust off the Vero Beach real estate crystal ball and look into the future. Whether you’re buying, selling or renting the real estate market affects you in one way or another. Here are a few predictions for 2016. Vero Beach Real Estate: 4 Expectations for 2016 Home price appreciation may […]
Retire in Your Vero Beach Home
Your current Vero Beach home may or may not be the place you’ll end up living when you retire. Many of us have dreams of retiring to a secluded beach or some other relaxing location. Statistically, however, most people never leave “home” when they retire. Let’s look at a few reasons to stay put when you retire. Vero Beach Home […]
How Rising Rates Affect Vero Beach Home Buying
The Vero Beach home buying market may feel the effects of the Federal Reserve’s recent decision to raise interest rates… or not. The Fed increased the rate on federal funds for banks by .25%, the first such increase in over seven years. What does that mean for people contemplating purchasing a home? Vero Beach Home Buying: What's Next? As part of […]
Paying Points on a Vero Beach Mortgage Loan
Vero Beach mortgage loan experts say over 6 million people nationwide will buy homes next year. Statistics expect roughly 2 million will be first-time homebuyers. Both first-time buyers and others always wrestle with whether or not to pay “discount points” on their mortgage. The Vero Beach Mortgage Loan: Points? Just what the heck are discount points, anyway? Mortgage discount points are a […]
Vero Beach Housing: Emerging From Underwater
Recent Vero Beach housing statistics — included as part of third quarter housing results reported by Zillow –– show that roughly a million U.S. homeowners finally owe less than their homes are worth. Water Receding in Vero Beach Housing Market? According to the Zillow report, the negative equity rate among homeowners in the U.S. dropped to 13.4%. That’s a 1% […]
Vero Beach Economy Part of Nationwide Job Gains
Average unemployment in the Vero Beach economy mirrors that of the U.S., remaining steady at 5%. That’s a 7-year low. As the economy has grown, more people looked for employment. Job additions exceeded expectations according to recently-released November statistics. Job Growth in the Vero Beach Economy Job gains were solid nationwide, with employers adding 211,000 jobs during November. The construction industry was […]
5 Tips to Try on Your 2015 Taxes
As the deadline nears for filing 2015 income taxes, there's no time like the present to get a jump on being ready to file. Experts say planning ahead may help lower the stress created by filing your income taxes. Getting an early start can give you the time you may need to cover all the bases. The following tax strategies […]
Vero Beach Mortgage Loan Closing Tips
A loan closing attorney who, when reviewing the documents with a new Vero Beach mortgage borrower, used to jokingly say, “You’re welcome to read all these forms, and if you find anything in your favor the lender will be happy to correct that mistake!” Of course, he was only joking and he used that line as an ice-breaker. However, it’s very important that you […]
Vero Beach Housing Snapshot October 2015
The Commerce Department recently reported housing starts in the Vero Beach housing market and other parts of the U.S. dropped to a seven month low in October. And while single-family home construction in the South fell, a greater-than-expected surge in building permits indicate housing is still relatively strong. A Closer Look at Vero Beach Housing Housing starts decreased 11% to […]
Vero Beach Home Improvements: No Regrets?
Statistics show nearly 75% of homeowners took on do-it-yourself (DIY) Vero Beach home improvements in the past three years. According to a recent survey from Zillow Digs, 40% of them regretted that decision. It’s an age-old question: Should you hire a professional remodeler or do a project yourself? Getting the job done right the first time by somebody who knows how to do it can spare regrets later. […]