You need to be aware of what any Vero Beach homeowners insurance policy is protecting before you sign for any particular policy or coverage. Vero Beach homeowners insurance can be a complicated topic, so it is always important that you research policies thoroughly before buying coverage on the most expensive purchase of your life.
Buying a House in Vero Beach: Most Overlooked Questions
If you're thinking about buying a house in Vero Beach , you're not alone. According to the New York Times, more Americans are getting home buying fever; home prices have seen the biggest increase in the past seven years over the past month alone. And with mortgage rates now creeping up, it seems even more people have been knocked off […]
Nailing Your Vero Beach Home Renovations Budget
After years of decline, it appears that Vero Beach home renovations are on the upswing again. If you're planning a Vero Beach home renovations project of your own, be sure to use an often neglected tool in your planning – a budget! Establishing a Vero Beach home renovations budget cap and looking for painless ways to reduce your overall cost […]
Low Vero Beach Mortgage Rates Come To An End
The days of record low Vero Beach mortgage rates have apparently come to an end as fixed-mortgage rates hover around 4%. And while there are many saying that rising rates won't hurt the housing market, others are more concerned. Many analysts seem to agree that if Vero Beach mortgage rates rise much more above where they are now, affordability could […]
Higher Vero Beach Home Prices Shrinking Affordability
A combination of rising Vero Beach home prices and higher interest rates are making home affordability increasingly out of reach for many. Even at 4 percent, the long-term mortgage rate has been in historical territory not seen in 60 years since the low for the 30-year fixed was set at 3.31 percent last November. Interest rates for 30-year fixed-rate mortgages […]
Vero Beach Real Estate News – July 2013
In this Issue for July 2013: Real Estate Values Set Record Nationally Rising Mortgage Rates Raising Concerns Bad At Math? You're More Likely To Lose Your Home Real Estate Values Set Record Nationally U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes […]
Did Bernanke Kill the Vero Beach Housing Recovery?
Did Fed Chairman Ben Bernanke hurt the Vero Beach housing recovery when he said recently that he thought the housing market is strong enough to stand on its own feet. If that was the message Bernanke was trying to deliver for the U.S. economy, investors seemed to have received it loud and clear. Did Bernanke kill the Vero Beach housing […]
New Home Sales See 5-Year High in May
Signs of a strengthening housing market continue to surface, with single family new home sales reaching their highest level in nearly five years during May. The Commerce Department reports that sales increased 2.1 percent to a seasonally-adjusted annual rate of 476,000 units — the highest level since July 2008. Third Straight Month for New Home Sales Gains May also marks […]
Foreclosure Home Turns Into Nightmare
We've often times warned readers of this blog to steer clear of a foreclosure home, no matter how good of a deal it may seem. This NBC News investigative report is just one of many reasons why we continue to discourage anyone from buying a Vero Beach foreclosure home… Buying a Vero Beach foreclosure home can be very risky, as […]
Rising Rates Bad for Vero Beach Housing
Vero Beach housing is facing what some financial experts call "very concerning circumstances" when it comes to rising mortgage rates. Peter Tchir of TF Market Advisors, a New York research, asset management, and consulting firm, puts it quite simply, "Rising rates are bad, particularly bad when it comes to one of the bright spots for the U.S. economy: housing." How […]
