There have been all sorts of reports and predictions coming out about the Vero Beach homebuying season outlook. Freddie Mac's Deputy Chief Economist, Len Kiefer, gives Freddie Mac's preview and prediction of the March 2015 U.S. Economic and Housing Market Outlook in this short video report… . We have more news as it relates to Vero Beach homebuying in the […]
Fewer Vero Beach Homes Being Bought With All Cash
Fewer and fewer Vero Beach homes are being bought and paid for with all cash. The same trend is holding up nationally as well. Cash home sales fell to 35.5 percent of the market nationwide in December 2014 compared to 38.5 percent in December 2013, according to new numbers released by CoreLogic. A high rate of Vero Beach homes being […]
Vero Beach Home Warranty: Why Avoid Them
If you're considering getting a Vero Beach home warranty, you might want to think again. You may have bought your share of home warranties—service contracts that promise to cover appliances and other items that break down in your home—whether they were a Vero Beach home warranty, or one you purchased in another area. The fact is, you probably should not […]
Buying a Vero Beach Home: Salary Needed?
One of the questions we're asked quite often of people buying a Vero Beach home is, "How much salary do I need to make in order to qualify for a mortgage?" On a national scale, a buyer who puts 20 percent down would need to earn a salary of $48,604 to afford the median-priced home in America. But that total […]
Choosing Vero Beach Home Renovations Wisely
When thinking about Vero Beach home renovations to take on before listing your home for sale, you may think investing in a new kitchen or bath will help ramp up your sale price. But getting back a 100 percent of your investment in the first year after doing the renovations is not guaranteed. You must choose wisely when it comes […]
Buying Vero Beach Real Estate With No Money Down?
Buying Vero Beach real estate used to require 20 percent down in most cases to get the best deal and avoid Private Mortgage Insurance. In recent months, the Obama administration has taken several steps to expand the credit box and make it easier for borrowers, especially first-time homebuyers, to buy Vero Beach real estate. To that end, in October, Fannie […]
Major Vero Beach Home Buying Mistakes
There are several major Vero Beach home buying mistakes that could cost you a minor fortune if you slip up and commit these errors. Even so, there's plenty you can do to affect how much money you spend on a purchase. A lot rides on your choice of real estate agent. A disturbing finding in a survey by Consumer Reports […]
First Time Vero Beach Home Buyer Tax Deductions
If you're a first time Vero Beach home buyer, there may be some important things you already know about, like things you now have to take care of yourself that a landlord used to do for you. But being a homeowner also affects tax deductions you can take to help lower your tax bill. Now that we're in full swing […]
Vero Beach Housing Market: Steady Improvement Expected
The Vero Beach housing market is finally showing signs of recovery, in large part because young adults are finding jobs, but some obstacles persist. Even with talk of the job market turning around, there are still over 9 million people unemployed. This leads to more young adults either struggling to find jobs, or taking part-time jobs with less pay. Either […]
Vero Beach Real Estate News – March 2015
In our Vero Beach Real Estate News for March 2015: Home Prices Up Year-Over-Year Home prices across most of the country were down for December, but still faired better than they were a year ago. Black Knight Financial Services released its latest Home Price Index Report this past week, which showed that home prices nationwide were down an almost-flat 0.1 […]
