Vero Beach home sales in August reached their highest point in more than six years, but don't expect this upward trend to continue. That's the word from the National Association of Realtors, which reports sales of single-family homes, town homes and condominiums rose 1.7 percent in August to a seasonally adjusted annual rate of 5.48 million. That's the highest pace […]
Vero Beach Housing: Boom or Bust?
Real Estate Expert Brendon DeSimone appeared on Fox Business News recently and talked about the future of the housing market, and what he thinks is going to happen with mortgage rates. The Vero Beach housing market is still not where it was during its pre-recession peak, but buyer demand seems to be closing the gap. According to Zillow.com, July’s Vero […]
What Smoking Can Do To Your Vero Beach House
If all the warnings about what cigarette smoke does to your health aren't enough, consider what it's doing to your Vero Beach house, especially when the time comes to sell it and move on. In a survey of real estate agents, about 44 percent of those surveyed said smoking will reduce a home's value by some measure. Of these, one-third […]
Vero Beach Rental Prices Increasing
After the U.S. housing collapse there was an increase in both rental demands and prices. The higher Vero Beach rental prices are making it increasingly difficult for low income families to afford a home. A new study shows a renter in many areas has to earn at least $19 an hour to afford a decent apartment. CCTV's Yakenda McGhahee reports… […]
Vero Beach Home Prices Continue to Increase
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 […]