When it comes to Vero Beach real estate, most millennials say they'd rather rent than buy a home — a decision that could cost them more than $700,000 (or more) over the course of their lives. Nearly six in 10 millennials (59%) say they'd rather rent a home than buy one, with just one in four saying they are either […]
2014 Housing Review: Who Was Smarter?
Last year, we got predictions from Wall Street experts and people on Main Street about what was going to happen to the stock market, oil prices, and housing prices. So who was smarter, the experts, or people on the street. Let's see who was right… . In our next video report, we'll take a look at what the experts and […]
What Prevents Millennials from Buying Vero Beach Homes?
When it comes to buying Vero Beach homes, first-time buyers, the millennial generation, falls under the "prime" home buying demographic. Unfortunately, many millennials also fall into another, less desirable, category: adult children. An adult child is a term that's caught on recently, and simply refers to adults roughly between ages 18 and 30 who still live at home with their […]
Vero Beach New Homes: Market Looking to Recover
The Vero Beach new homes market was a bit on the sluggish side overall in 2014, but some analysts look for things to turn around in the next 2 to 3 years. Some blame the overall slow comeback on builders who are reluctant to move very far outside of their familiar markets into more peripheral areas as well as their […]
Vero Beach Housing Market: 3 Biggest Threats
A lot of housing experts and economists are expecting the Vero Beach housing market recovery to gain steam in the new year. But three big factors could still derail the whole ball of wax! Biggest Threats to the Vero Beach Housing Market 1. Incomes Not Keeping Pace – Despite a much rosier outlook for jobs, incomes are still not keeping […]