Taking a look at Vero Beach real estate predictions for 2014, experts from the Urban Land Institute explain how the rest of the housing recovery will play out in their Emerging Trends Real Estate report. The information came from surveys and interviews with real estate developers, investors, lenders, services and builders. Trulia's chief economist, Jed Kolko, says buying a home […]
Vero Beach Homebuyers Looking for Winter Bargains
Prospective Vero Beach homebuyers hoping to buy a home during the winter months say the lack of inventory is their biggest challenge, but many believe winter is a good time to buy because sellers are motivated to sell and more willing to negotiate. A survey recently conducted by realtor.com found that 45 percent of buyers in the market said there's […]
Vero Beach Real Estate News – January 2014
In our Vero Beach Real Estate News for January 2014: 2014: Year of the Repeat Vero Beach Homebuyer 2014 Mortgage Fee Hike Postponed New Year Starts With Disappointing Numbers 2014: Year of the Repeat Vero Beach Homebuyer As prices continue rising in the new year—albeit at a slower pace—investors will begin to ease back from the market, but repeat homebuyers […]
Vero Beach Home Sales Remain Strong For October
Traditionally, Vero Beach home sales tend to slow down heading into fall and winter, but that doesn't seem to be the case this year. Instead of the usual seasonal slowdown, October data show the 2013 fall market moving at a fast pace, according to Errol Samuelson, president of Realtor.com. "Inventory has returned to last year's levels, but prices continue to […]
How Fed Tapering Could Affect Vero Beach Real Estate
For those who don't understand the term "tapering", in plain English, here is how it could affect Vero Beach real estate and mortgages going forward. Tapering means that the Fed will reduce the amount of mortgage and treasury bonds it purchases each month. It was doing this in an effort to stimulate borrowing and economic activity by keeping interest rates […]
Vero Beach Foreclosures – Crisis Over?
Will 2014 be the year we finally say, the crisis is over for Vero Beach foreclosures? According to Daren Blomquist, vice president of RealtyTrac, there is strong evidence to suggest that foreclosures are no longer a threat to the Vero Beach housing recovery. The latest foreclosure data suggests the Vero Beach housing market is heading toward a more normal market, […]
30-Year Vero Beach Home Mortgage – Good or Evil?
A 30-year Vero Beach home mortgage is considered by many the only way to go. But the question remains, are 30-year mortgages good, or bad? After all, our homes should be our biggest savings account, but some experts believe taking out a 30-year Vero Beach home mortgage is nothing more than glorified renting… Check out our other articles and tips […]
FHFA Considers Lower Limits on Vero Beach Mortgages
The Federal Housing Finance Agency is considering a possible reduction in the maximum loan limits for Vero Beach mortgages purchased by Fannie Mae and Freddie Mac, but the agency wants to collect public feedback before making any bold moves. The GSE conservator recently sent a request for public comment to the Federal Register asking for input on the possibility of […]
Vero Beach Home Security – Do It Yourself
When it comes to Vero Beach home security, you have three options. Hire an outside company and pay for a monthly monitoring fee, do it yourself, or don't have any home security at all. We don't think the third option is a very good one, and the first option can get expensive. Here are some ways to have Vero Beach […]
Thinking About Vero Beach Real Estate – 5 Key Questions
If you're thinking about investing in Vero Beach real estate, it's no secret that homeownership requires major financial planning and comes with sacrifices. Experts suggest that you ask the following questions to determine if buying a Vero Beach home is the right decision and how to make the process as smooth as possible. Is This The Right Time to Buy […]
