The market for Vero Beach homes as well as the nationwide real estate home buying market has often placed the blame on recent drops in the number of homebuyers on the Millennials. A new study now shows that Generation X should shoulder part of the responsibility as well. The rate of homeownership in the U.S. has consistently fallen each year since […]
Another Vero Beach Housing Bubble Brewing?
A recent S&P/Case-Shiller Home Price Index was the latest report to show a relentless rise in housing prices, causing some economists to ask: Is another Vero Beach housing bubble forming? Economists point to several reasons why this isn’t a concern, namely that while prices keep rising, the rate of growth has slowed. In the first three months of this year […]
Rent Trap Stopping First Time Vero Beach Homebuyers
First time Vero Beach homebuyers are in a trap they can't seem to get out of, and it's called a "Rent Trap." Everyone has pretty much come to the conclusion that interest rates won't stay low much longer, and home prices continue to rise. New three percent down programs from Fannie and Freddie sweeten the deal for new buyers. FHA’s […]
Vero Beach Home Prices Return to Sanity
Ten years ago, Vero Beach home prices were unquestionably too hot. As few as four years ago they were too cold. Now, it would seem as if Vero Beach home prices have returned to some form of sanity when compared with incomes, rents and other fundamentals, while rising at lower single digit rates. Vero Beach home prices seem to be […]
Burglar Proof Your Vero Beach Home While on Vacation
According to the FBI, nearly 2 million burglaries occur each year. If you're heading off on vacation this summer, burglar proof your Vero Beach home while you enjoy your time away by not telling the world you're gone, and by having your neighbor help out. According to the FBI, burglaries cost victims about $4.5 billion in property losses in 2013. […]