Taking a look at Vero Beach real estate predictions for 2014, experts from the Urban Land Institute explain how the rest of the housing recovery will play out in their Emerging Trends Real Estate report. The information came from surveys and interviews with real estate developers, investors, lenders, services and builders. Trulia's chief economist, Jed Kolko, says buying a home […]
Vero Beach Homes Selling Faster Than One Year Ago
Vero Beach homes are selling more quickly than they were a year ago. That, according to a recent report from Zillow. The article in Propertywire shows the median time Vero Beach homes spent on the market in September was just eighty six days, a reduction of thirty days compared to the September of the previous year when homes took 116 […]
Vero Beach Housing Bubble – Potential Still There?
Is there still a potential we could see another Vero Beach housing bubble? A top Federal Reserve official says yes. A mortgage market bubble in part caused the 2007-2009 financial crisis and Great Recession from which the world's largest economy is still recovering. In response, the Fed has depressed interest rates and is buying $85 billion in assets each month, […]
Vero Beach Home Prices Rising Means Higher Costs
There is a downside to Vero Beach home prices rising. With improved equity comes higher costs for property taxes and insurance. Rising Vero Beach Home Prices Could Mean Higher Bills Rising Vero Beach home prices means you can finally breathe a sigh of relief — especially if you're hoping to sell. But there is a cloud behind that silver lining. […]
Vero Beach Home Prices Slow Heading Into Fall
Vero Beach home prices improved year-over-year for the 18th straight month in August, though the arrival of housing's usual "off-season" brought negligible monthly growth. Home prices nationwide increased 12.4 percent on a yearly basis in August. On a monthly basis, prices were up only 0.9 percent. Excluding distressed sales, home prices increased 11.2 percent over August 2012 and 1.0 percent […]
