The Vero Beach mortgage forecast – at least for the near future – is that home loans will continue to be easier to obtain than anytime in the last ten years. The Mortgage Bankers Association (MBA) recently published a report showing data that seems to suggest mortgage lenders have relaxed many of their lending regulations and standards for every type […]
Vero Beach Economic Update: The Cost of Housing
As spring rapidly approaches, the Vero Beach economic update is for housing to cost more for many new prospective home buyers. Higher mortgage rates, rising home prices and slow-to-moderate job and income growth threaten to combine for a less than stellar spring home buying season. The end of 2016 saw home affordability reach its lowest point since 2009, and the […]
Vero Beach Tax Update: Changes This Year
This Vero Beach tax update involves a number of changes to take into consideration before filing your 2016 income tax returns. And despite the changes, overall there aren't too many variations in the preparation of your 2016 income tax returns compared to 2015. However, there are a few important considerations for you to take note of to make sure you're […]
Vero Beach Home Buying Checklist: The Top 8 Tips
We’ve assembled a Vero Beach home buying checklist for people thinking of entering the real estate market, looking to buy a house. Let’s take a look at these seven important tips. 1 – Home buying should be for the long haul. Not too long ago, buying houses and turning around and selling them (or “flipping” them) was a popular way […]
Vero Beach Real Estate News Outlook: Housing to Cost More?
Making the Vero Beach real estate news outlook is the recent policy from the Trump administration that it had reversed one of the eleventh hour decisions made by the outgoing Secretary of Housing and Urban Development (HUD). The reversal involved the reinstatement of a cut in the Federal Housing Administration (FHA) annual insurance premium. The new administration stated the need […]
The Vero Beach Home Inspection: What to do Next?
During a Vero Beach home inspection, it’s not unusual for issues to arise which need repair or replacing. Many times, it can mean a return to the negotiating table so the buyer and seller can hammer out the details of who’s going to fix what – or how much of a credit the seller is planning to give the buyer. […]
Vero Beach Economic Outlook: Stocks, Housing and Oil
Now that a new President sits in the oval office, the Vero Beach economic outlook is on the minds of people in the real estate industry as we enter 2017. Let’s look at three component parts of the economy and how they relate to each other – and what to expect in the real estate market for 2017. The Stock […]
Vero Beach Real Estate Outlook: Millennials on the Move
The Vero Beach real estate outlook includes an update on what millennials have been doing lately. In recent years, millennials have been largely thought of as a generation of renters. They’ve unfairly received this moniker because of a number of factors, none the least of which is that home prices throughout the U.S. have consistently grown faster than wages. However, […]
Vero Beach Mortgage Rates: Still a Good Time to Buy a Home
Vero Beach mortgage rates continue to be in the news. With the recent rise in interest rates by the Federal Reserve, and the likelihood of additional increases on the horizon, the obvious question remains, “Is it still a good time to purchase a home?” Let’s look at what’s transpired in recent months since the presidential election in November. The average […]
Vero Beach Home Selling Recommendations: What to Avoid
If you’re planning to sell your home during 2017, there are several Vero Beach home selling recommendations you should be aware of. The following are common mistakes to avoid once you decide to put your home on the market. Leaving out the required preparation. The excitement to get your home on the market as soon as possible is certainly understandable. The […]