The challenges and opportunities of buying Vero Beach homes in today’s market are different than they were in the past, including the recent past. According to money.CNN.com, homes are selling 19% faster than they were one year ago. The speed with which homes are selling is due to two factors. First, prices are low, as are mortgage rates. Second, there […]
Vero Beach Housing To Drive Economic Growth
The Vero Beach housing recovery is expected to be the primary driver of the Vero Beach economy this year. Homebuilding activity will likely remain the strongest growing component of the economy in 2013, followed by consumer spending, increased domestic energy production, and stimulus from the Federal Reserve. Home sales rebounded to the strongest level in five years in 2012, as […]
Best Day For Listing Your Vero Beach Home For Sale
When you list your Vero Beach home for sale can matter a lot as to how much you get and how quickly it sells. Sound far-fetched? Last year, homes listed on Fridays sold for 99.1% of the seller’s original asking price. According to an analysis by real estate brokerage Redfin, Friday is the highest percentage day of the week to […]
Determining Average Cost of Vero Beach Homeowner Insurance
Trying to determine what the average cost of Vero Beach homeowner insurance might be can be tricky, and is also determined by a whole list of factors and circumstances. Learn about some of those factors that make up your insurance rates by watching this short video… Before you can make sure your Vero Beach homeowner insurance policy is actually serving […]
Is Your Vero Beach Home Insured Against Meteorites?
If a Meteorite were to hit your Vero Beach home, does your insurance cover that? It’s been an odd time lately for Earth and celestial objects. A 10-ton meteorite crashed into the earth and exploded near the Russian city of Chelyabinsk, injuring hundreds and causing widespread panic. Meanwhile, a 143,000-ton asteroid passed just 17,000 miles away from Earth on February […]
When to Expect Your Tax Refund
With tax season upon us again, many people are wondering when they might expect to receive their tax refund. Some people believe that getting a large tax refund is not as desirable as more accurate withholding throughout the year, as a large refund represents a loan paid back by the government interest-free. Optimally, a return should result in a payment […]
Selling Your Vero Beach Home This Spring?
Hoping to sell your Vero Beach home this spring? You need to lay some groundwork now! Spring is the most popular season for home sales, but now is the time to make a few late New Year’s resolutions to assure you’re ready for the Spring rush. Many Vero Beach area real estate agents say 2013 is as good a time […]
Vero Beach Mortgages: Rates Continue to Rise
Vero Beach mortgages continue to see an increase over their all time record lows, but the good news is, in terms of being relative, rates are still near the bottom. There’s still plenty of opportunity to refinance or buy a home and save a bundle. But if you keep waiting, all indications are you’re going to miss out. U.S. job […]
Paying Off Your Vero Beach Mortgage Early
Paying off your Vero Beach mortgage early may not actually be a smart idea, especially if your mortgage rate is low, or free, when you factor in inflation and tax deductibility. Making a larger payment is considered foolish if you’re not saving for emergencies or retirement first. Savvy homeowners have long added extra money to their monthly mortgage to save […]
Vero Beach Housing Inventory Keeps Declining
Here’s a breakdown of why Vero Beach housing and housing nationwide has continued to decline this year: Many homeowners are underwater: More than 10 million homeowners, including many who own Vero Beach housing, owe more on their mortgage than their homes are worth. Underwater owners aren’t likely to sell unless they need to move due to changing life (marriage, divorce) or […]