Vero Beach Real Estate
Vero Beach housing sector fundamentals remain favorable despite the recent rise in interest rates and the sharp drop in housing starts in June. The decline in housing starts was almost all in the volatile multi-family sector. Single-family starts remained in a range just below 600,000 nationwide, while multi-family fell 26 percent to 245,000. Multi-Family Important in Vero Beach Housing Multi-family […]
The latest Case-Shiller report that includes Vero Beach home prices is out, and June saw the first year-over-year increase since 2010. Here’s what this latest report means for the overall economy. Vero Beach home prices continue to rise, and mortgage rates have risen above 4 percent — depending on your credit and the type of mortgage you’re considering. With all […]
First time Vero Beach home buyers are being squeezed out of the housing market recovery due to a sharp rise in home prices, a recent jump in mortgage rates, tighter lending practices, and competition from investors picking up lower-priced property for cash. This report comes from The Wall Street Journal. Vero Beach Home Buyers Profile: First time Vero Beach home […]
Mortgage rates are on the rise, and home buyers are trying to get in before they go higher. In the Vero Beach area, rising mortgage rates and low inventory are combining to drive up prices and turn things into a seller's market. CBS's Anthony Mason reports… Potential Vero Beach home buyers need to be vigilant in their home search, but […]
It's safe to assume that everyone knows mold is dangerous to your health, but there are some things you need to beware of when buying a Vero Beach house. Mold is a serious issue, and you need to understand how it can hide. When it comes to buying a Vero Beach house, the mere mention of mold can easily trigger […]
If you're considering selling your Vero Beach home, you've probably seen all the hoopla about sellers getting multiple offers on their home and are wondering, "can this really happen?" The short answer is, yes, it most certainly does happen, but not to sellers of a typical Vero Beach home who don't take the time and effort to prepare properly. Steps […]
Rising mortgage rates are the biggest worry for prospective Vero Beach home buyers. Bigger than rising prices and the lack of available inventory, according to a survey released recently by Trulia. The survey suggested that rates — which remain below 5% — aren't likely to be a deterrent to Vero Beach home buyers just yet. Mortgage rates have jumped in […]
Soaring Vero Beach home prices are leaving fewer homeowners owing more money than their properties are worth, bringing them off the sidelines of the surging Vero Beach housing market and offering relief to buyers who are frustrated by bidding wars. As more homes are put up for sale, price increases are expected to moderate. Increasing Vero Beach Home Prices Unlocking […]
Rising mortgage rates of late are giving scare to would-be homebuyers. Rates that were sitting at historic lows a few weeks ago are now skyrocketing upward. A tick down here and there in between jumps, but overall, those record low rates seem to be history now. We've been seeing a slow and steady recovery according to analysts, and now rising […]
Everyone knows that owning Vero Beach real estate offers significant tax advantages. A recent survey of people who had bought homes in 2012 showed 79 percent said the mortgage interest and property tax deductions were "extremely important" factors to their decision to become homeowners in the first place. These two deductions are just the tip of the iceberg of all […]
