The Vero Beach home ownership rate has dropped to 65 percent according to the US Census Bureau. This is after holding above 66 percent for the past three quarters. The last time the rate was this low, former President Bill Clinton was in office serving his second term. With the nationwide home ownership rate also at 65% and home values […]
Vero Beach Rental Property Rates Keep Climbing
Vero Beach rental property rates were 4% higher in April than a year before, according to a report from Zillow. That's the fastest increase in two years, outpacing Vero Beach home prices, according to the report. Vero Beach rental property affordability is getting worse, and it doesn't look like it will be getting better anytime soon. Svenja Gudell, senior director […]
Larger Vero Beach Homes Are Back
According to recent data from the U.S. Census Bureau, larger Vero Beach homes are making a comeback, and bigger than ever. After a few years of shrinkage in the aftermath of the Great Recession, the median square footage of newly built Vero Beach homes last year tipped the scales at over 2,400 square feet. That's nearly 1,000 square feet larger […]
Myths of Buying and Selling Vero Beach Houses
There are several myths that have long circulated when it comes to buying and selling Vero Beach houses. We decided to try and bust those myths in this article. What Everyone Misses When Buying and Selling Vero Beach Houses The most important rule in real estate is location, location, location. Not true! The most important rule in real estate should […]
Vero Beach Home Sales and Prices Rising
Vero Beach home sales continue to increase as more and more homes come on the market, a sign of strength in housing as the Spring home buying season swings into high gear. Vero Beach home sales have been constrained by a shortage of properties on the market, which has pushed up home prices and limited choices for potential buyers. Vero […]