Recent research from the National Association of Realtors (NAR) shows that distressed buyers are slowly but surely making their way back to the Vero Beach housing market. According NAR’s report, nearly 1 million borrowers who were foreclosed on, short sold their home or received a deed in lieu of foreclosure over the last eight years have already purchased a new […]
Vero Beach Home Sales and Prices Rising
Vero Beach home sales continue to increase as more and more homes come on the market, a sign of strength in housing as the Spring home buying season swings into high gear. Vero Beach home sales have been constrained by a shortage of properties on the market, which has pushed up home prices and limited choices for potential buyers. Vero […]
Buying Vero Beach Real Estate: What Higher Rates Will Do
If you're looking to buy Vero Beach real estate in the next year, you might want to do so before higher interest rates make financing such big-ticket purchases a lot more expensive. The Federal Reserve, which controls the supply of U.S. dollars and short-term interest rates, has indicated that it could start raising rates as soon as June. Mortgage rates […]
Perils of Vero Beach Homeowners Insurance Claims
Just because you have Vero Beach homeowners insurance doesn't mean it's a smart move to file a claim when something happens. Whether it's a water heater that leaks and causes some damage to your drywall, or a toilet that leaks and causes damage to your wood flooring, filing a claim on your Vero Beach homeowners insurance is not always a […]
Vero Beach Real Estate Trends to Watch
As the weather warms up, so does the Vero Beach real estate market, and experts say this year's spring selling season is shaping up to be an active one. Beth Braverman with The Fiscal Times penned an article recently that points out the trends to watch in 2015, whether you're buying or selling. 2015 Vero Beach Real Estate Trends 1: […]
Getting a Vero Beach Home Inspection Before Selling
Getting a Vero Beach home inspection is not just for buyers after the sale. If you're selling, getting a Vero Beach home inspection before you even list is super important. In a effort to get the sale finalized in a short period of time you may be tempted to forgo a Vero Beach home inspection. This is a bad move […]
Taking Photos That Sell Your Vero Beach House
With nine out of 10 home buyers now using the Internet at some point during their search, it's no wonder that "Web Appeal" has been called the new curb appeal for helping you sell your Vero Beach house. That puts a premium on the photos that you use in your online property listing. 3 Ways to Get the Best Shots […]
Vero Beach Mortgages May See Alternate Credit Score
The Federal Housing Administration (FHA) is exploring alternative credit scoring models for those seeking Vero Beach mortgages. The alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstance like medical debt. Many Unable to Obtain Vero Beach Mortgages Due to restrictive lending many of the qualified Vero Beach […]
New Roadblocks Could Affect Vero Beach Housing Market
There's a potential new roadblock on the horizon that could wreck havoc with the Vero Beach housing market, just when it's pulling out of its worst downturn in decades. Changes to Forms Could Affect the Vero Beach Housing Market On August 1st, the new TRID (TILA-RESPA Integrated Disclosure) forms replace the HUD-1 Settlement and Good Faith Estimate. The Consumer Financial […]
Facts Vero Beach Home Buyers Need to Know Now
There are some things Vero Beach home buyers need to know about this current seller's market we're in, but it's not all that bleak if you're looking to buy a home. Although sellers are enjoying an edge with surging prices and tight inventories, it's far from all negative gloom and doom for Vero Beach home buyers. Positive Factors for Vero […]
