Vero Beach Real Estate
Nearly one-third of all Vero Beach homebuyers, and 68 percent of first-time buyers, were 34 or younger last year. Those numbers are expected to grow as millennials now represent the largest share of buyers. But many millennials are making some pretty costly mistakes according to a recent report from the National Association of Realtors. Here are three common and potentially […]
95 percent of Vero Beach homebuyers know that credit scores play a significant role when purchasing a home, and those who know their credit scores feel better prepared to buy. This recent data comes from a survey from Experian Consumer Services. In addition, 45 percent of future Vero Beach homebuyers say they have delayed buying a home in order to […]
Sales of new homes increased nearly 7 percent in April to a seasonally adjusted annual rate of 517,000, according to the U.S. Census Bureau. New Homes Numbers Still Below Average The new homes numbers are still below-average historically, but they are up 26 percent compared with April 2014. Plus, home builders were relieved that sales bounced back in April after […]
Vero Beach rental property rates were 4% higher in April than a year before, according to a report from Zillow. That's the fastest increase in two years, outpacing Vero Beach home prices, according to the report. Vero Beach rental property affordability is getting worse, and it doesn't look like it will be getting better anytime soon. Svenja Gudell, senior director […]
In our Vero Beach Real Estate News for June 2015: Buyers Still Positive On Vero Beach Housing Buyer's views toward Vero Beach housing have not varied much over the past year, and they are still positive on homeownership as a good financial investment. According the Federal Reserve Bank of New York's 2015 housing survey, U.S. households, on average, expect home-price […]
Whether you are looking to sell your Vero Beach home or plan to stay in it for years to come, most homeowners have a running list of projects in mind with the hopes of increasing the appeal, comfort, and value of their Vero Beach home. Regardless of whether you live in a charming old century home or a sleek modern […]
There are some expensive Vero Beach mortgage mistakes you need to avoid at all costs. Scoring the best deal on a mortgage or refinancing involves shopping around. Yet 77 percent of borrowers applied for a loan with a single lender instead of checking out several to compare costs. A recent study by the Consumer Financial Protection Bureau indicated that people […]
With Vero Beach real estate bidding wars starting to heat up with the coming of the spring buying season, it's more important than ever to get your ducks in a row before you start submitting offers on any Vero Beach real estate. Diana Olick covers six ways to win a home bidding war in this red hot housing market… . […]
Average Vero Beach mortgage rates followed 10-year Treasury yields higher and rose for the third consecutive week last week. At 3.85%, the average 30-year fixed-rate Vero Beach mortgage rate is just below the high for 2015. The 15-year fixed Vero Beach mortgage rates averaged 3.07% with an average 0.6 point last week, up from the previous week when it averaged […]
Existing Vero Beach home sales are expected to finish the year at their highest level since 2006 according to the National Association of Realtors’ economic forecast forum revealed at its 2015 Legislative Meetings & Trade Expo. However, accelerating price growth and rising mortgage rates have the potential to change the expected finish. In the most recent existing-homes sales report, sales […]
