The Vero Beach housing outlook continues to remain positive. The Commerce Department released information confirming that the sales of newly built homes rose more than 5% in July. In addition, prices for new homes were up. Homebuilders cite two reasons for the recent higher traffic and sales activity: 1.) The much anticipated rate increase by the Federal Reserve 2) Lower […]
Vero Beach Housing Market on the Upswing
The Vero Beach housing market is doing better than expected. According to recently-released Commerce Department statistics, new home sales across the country enjoyed a 25% percent increase in July, 2015 compared to the same month a year ago. Vero Beach Housing: A Seller's Market It's a seller's market, evidenced by these characteristics: Higher sales prices across the board for all […]
Vero Beach Home Technology Features
When you grow up immersed in a technological world, it’s only natural that you come to rely on and expect even more Vero Beach home technology. Prospective millennial home buyers — that segment of the population in the 25-35 age range — are becoming more interested in homes with smart technologies and the latest gadgets. Experts predict that by 2020, […]
Vero Beach Housing for the Rest of 2015
Vero Beach housing industry experts say the future of housing for the remaining five months of the year revolves around one word — affordability. Affordable home prices and affordable rents will determine the Vero Beach housing market’s direction. Although home prices are still on the upswing, the pace is slower that it was during the first six months of 2014. […]
Vero Beach Investors Favor Real Estate
Vero Beach investors, like many other Americans, are still a little nervous about Wall Street and recent activity in the stock market. In a recent survey, Bankrate.com reported that the majority of its respondents feel more bullish about the real estate market than other long-term investments. Characterizing long-term investments as those with a duration of 10 years or more, the survey […]
