Vero Beach Real Estate
Your Vero Beach homeowners insurance policy provides coverage against most perils and damages. There are some, however, that are not covered. Unfortunately, those are usually the ones that catch you off guard — and they can be expensive. While every policy is different, you should peruse your Vero Beach homeowners insurance coverage to see if you're protected against termite infestation […]
Many Vero Beach home buying experts say that more people are waiting longer to purchase. This is especially true with the generation known as "Millennials," those in their late 20s to mid 30s. In fact, according to Zillow the average age of most first-time home buyers is 33, compared to 29 in the late 1970s. An Inside Look at Vero […]
Once upon a time in the Vero Beach mortgage market, "adjustable rate mortgages" (ARMs) was a phrase that was shunned. During the Great Recession of just a few short years ago, many consumers experienced their mortgage payments spike to levels of unaffordability. Sadly, some of those homeowners fell victim to foreclosure. But what about now? The Vero Beach Mortgage Arena: Are ARMs […]
Entering the Vero Beach home buying market can be an interesting and rewarding opportunity. In order to fully understand the home buying process, it's important to spend some time doing research on the market. Here are a few points to consider as you prepare to embark on your house hunting safari. Vero Beach Home Buying Tips Gain knowledge through research. No […]
As Vero Beach mortgage borrowers continue to see home prices rise they have increasingly more equity to utilize. Industry experts say that nationwide home equity has risen by nearly $825 billion. That represents a 250% increase over home equity levels of just four years ago. However, tapping into that equity by using a home equity line of credit, or HELOC, is […]
The Vero Beach housing market has been anticipating a possible interest rate hike by the Federal Reserve Bank. Analysts say a small interest rate hike will have little effect on housing activity. In fact, there are other components that are more telling that could impact Vero Beach housing. What to Look for in the Vero Beach Housing Market Some industry […]
Vero Beach real estate prices are rising. And that's both good news and bad news, depending on whether you're a home seller or a home buyer. According to the National Association of Realtors the median home price in the United States was up over 8% in the second quarter of this year compared to the same period a year ago. […]
The Vero Beach housing outlook continues to remain positive. The Commerce Department released information confirming that the sales of newly built homes rose more than 5% in July. In addition, prices for new homes were up. Homebuilders cite two reasons for the recent higher traffic and sales activity: 1.) The much anticipated rate increase by the Federal Reserve 2) Lower […]
A Vero Beach home that's priced correctly and has an overall general appeal should sell within 30-45 days in a good housing market. That's the consensus among most real estate agents and industry experts. When a sale doesn't occur in that timeframe, some home sellers and real estate agents can get discouraged, frustrated and antsy. It makes matters even worse […]
If you've followed the latest Vero Beach home buying trends, no doubt you've heard people say there's no better time to buy a home than now. With mortgage interest rates at very affordable levels, credit availability relatively high and down payment requirements low, it's a tempting combination for many renters thinking of entering the homeownership arena. For most people, homeownership will […]
