In recent Vero Beach economic news, it appears home buyers and home sellers are entering the coming spring selling season with a feeling of optimism. Despite interest rates moving slightly upward and home prices continuing to rise, housing sentiment is increasing as well. Fannie Mae publishes an index each month that ranks buyers’ sentiment. The most recent report showed buyers’ […]

As spring rapidly approaches, the Vero Beach economic update is for housing to cost more for many new prospective home buyers. Higher mortgage rates, rising home prices and slow-to-moderate job and income growth threaten to combine for a less than stellar spring home buying season. The end of 2016 saw home affordability reach its lowest point since 2009, and the […]

Now that a new President sits in the oval office, the Vero Beach economic outlook is on the minds of people in the real estate industry as we enter 2017. Let’s look at three component parts of the economy and how they relate to each other – and what to expect in the real estate market for 2017. The Stock […]

The Vero Beach economic outlook will likely become a little bit clearer – or not – now that the presidential election has been decided. And for an election that was largely based on campaign rhetoric regarding the U.S. economy, the nation’s housing concerns have been largely ignored by both candidates. Let’s take a brief look at each party’s view on […]