Vero Beach Real Estate
Fall is a great time to make Vero Beach home repairs because during the winter months, small problems can become expensive nightmares. The following tips can save you hundreds, if not thousands, in Vero Beach home repairs. Outdoor Vero Beach Home Repairs Take advantage of the cooler weather to do home and yard repairs and spruce-ups. Leaves that have fallen […]
Effective October 1, 2013, HUD has announced the following changes to their Federal Housing Administration (FHA) short sale requirements. To be eligible, one must successfully complete a short sale under the FHA short sale program. Short Sale Requirements for Vero Beach Borrowers 1) They cannot list the property with or sell it to anyone with whom they are related or […]
Vero Beach gas prices for regular unleaded is running at about 35 cents below a year ago, but if historical trends hold true, in the stretch between the beginning of Fall and Halloween, there is more room for prices to fall. Between September 19th and Halloween, the U.S. average gasoline price has fallen by an average of 28 cents per […]
Vero Beach mortgage rates are declining after the recent announcement by the Federal Reserve that they were not going to start to reduce their Bond buying program. Instead they left their easing program intact for the time being and will continue to buy 85 Billion dollars' worth of Mortgage backed and Treasury Bonds per month. The slowing pace of economic […]
The Vero Beach home buyer marketplace is changing. Home values are on the rise and mortgage rates are still near historic lows. So for those who have been sitting on the fence, now is the perfect time for you to buy. Things Every Vero Beach Home Buyer Must Decide On How Much Can You Afford? Find out how much you're […]
There is doubt circulating as to whether the Vero Beach housing recovery will continue. Mortgage applications are down and refinancing is down dramatically since interest rates started rising throughout the summer. A lot of banks are laying off workers in the mortgage refinancing departments in anticipation of slower refinance applications into the future. In a recent CNBC interview, Anthony Chan, […]
More and more homeowners who were once underwater and unable to move are now seeing home equity levels improve. As these equity levels improve, more people are getting in position to become "move-up Vero Beach homebuyers" once again. These move up Vero Beach homebuyers are now able to provide a substantial down payment on a new home after gaining value […]
In this Issue for October 2013: How Far Can We Expect Mortgage Rates to Drop? Will Home Prices Rise Next Year? Damage Control After Disaster Strikes How Far Can We Expect Mortgage Rates to Drop? Mortgage rates have started to go back down, thanks mostly to the Federal Reserve's decision to hold off slowing its monthly bond purchases. Mortgage […]
The question on everyone's mind who has even been remotely thinking about buying a home is, "are Vero Beach mortgage rates still headed higher?" All indications are, not for the time being. When the Federal Reserve surprised everyone when it announced it would not start tapering its purchase of mortgage-backed securities and Treasure bonds, it basically said to prospective buyers […]
If you're a Vero Beach homeowner with a mortgage loan insured by FHA (Federal Housing Administration) or VA (Department of Veterans Affairs), you should consider using your mortgage loan term as a marketing tool when it comes time to sell your Vero Beach home. A mortgage loan from both government agencies includes a little-known feature known as assumability. In other […]
