Your Vero Beach home improvement projects don't have to cost you a fortune, but neglecting them just might. Summer is in full swing now, and it's time to be tackling those outdoor Vero Beach home improvement chores that you put off all winter. Here are some things to consider doing right now, and some ideas for places to find cheap […]
Flood Insurance For Vero Beach Homes
Every year the same question about insurance rolls around about this time. "Do people really need flood insurance for Vero Beach homes?" Consider this: Hurricane season in the Atlantic began June 1st and ends November 30th. The Eastern Pacific hurricane season began May 15th and also ends November 30th. Hurricanes don't just affect coastal homes, but flooding well inland often […]
Vero Beach Home Prices Hitting Record Highs
Vero Beach home prices are hitting highs not seen in years, thanks mostly due to low inventory. Still, as many borrowers struggle with unwieldy mortgage payments, and certain areas are still deluged by foreclosures, news of record high prices are causing some concern. Looking forward, economists expect home-price growth to slow down. CoreLogic’s deputy chief economist Sam Khater said in […]
Vero Beach Home Buyers May Soon See Federal Help
Prospective Vero Beach home buyers are seeing the housing market continue to recover, with home prices in some areas rising as much as 13 percent over the past year. The rise in home prices has helped a lot of homeowners get out from being underwater on their mortgage. Leftovers from the housing crisis however continue to make it too hard […]
Hidden Costs of Moving to the Vero Beach Area
If you're considering moving to the Vero Beach area anytime in the near future, there are costs you may not think about that are associated with your move. We don't like surprises, and bet you don't either, especially when it comes to your finances. There are plenty of costs that can easily take you by surprise when you move. There […]
Renting a Vero Beach House – Many Overspend
Renting a XXX house used to be a popular choice over buying because it was cheap. Today, 1 out of 3 people pay rent for a 3-bedroom home that is more than 30% of their monthly median income, according to RealtyTrac. So why do people continue renting a XXX house instead of buying, you might ask? Years of economic uncertainty […]
First Time Vero Beach Home Buyers Being Squeezed
Raising the necessary cash for a down payment is the toughest hurdle first time Vero Beach home buyers face on the road to home ownership. For many, government programs like FHA, USDA Rural Development guaranteed loans, VA loans and down payment assistance programs sponsored by state and local housing authorities have made a big difference. Yet requirements by lenders in […]
Vero Beach Housing Market Newbies Beware
The Vero Beach housing market has seen a tremendous bounce in pricing over the past two years, but so far, 2014 is not looking like it will break records from 2012 and 2013. Almost half (around 42%) of all residential home sales in the first quarter were all cash deals. The same is happening all across the country. The Vero […]
Vero Beach Real Estate News – June 2014
In our Vero Beach Real Estate News for June 2014: Vero Beach Mortgage Rates Continue to Slide Vero Beach mortgage rates continue to fall. Nationwide, for the fifth week in a row, 30-year fixed mortgage rates dropped and now are at an average 4.12 percent, according to a national survey. That was down from the previous week's average of 4.14 […]
Hidden Market For Vero Beach Real Estate
When looking to sell any Vero Beach real estate, one typically turns to a broker to get their property listed in the MLS (Multiple Listing Service.) But some homes are actually bought and sold without ever being officially listed in the MLS. This word-of-mouth technique is gaining popularity among sellers who want to avoid the perils of a down market, […]
