Vero Beach gas prices for regular unleaded is running at about 35 cents below a year ago, but if historical trends hold true, in the stretch between the beginning of Fall and Halloween, there is more room for prices to fall. Between September 19th and Halloween, the U.S. average gasoline price has fallen by an average of 28 cents per […]
Young Vero Beach Homeowners Hurt by Employment Woes
Young Vero Beach homeowners, as well as those "wanting to be homeowners" are struggling in the job market, which points to possible bad news for the housing industry. According to the Bureau of Labor and Employment Statistics, only 74.8% of young adults are working — the lowest number in 12 months and far below normal levels. During the recession, between […]
Why Most Renters Can’t Afford To Buy a Vero Beach Home
Many renters can't afford to buy a Vero Beach home because they spend more than they make. In a recent survey of 1,000 U.S. renters by Rent.com, an astonishing 61 percent said they spend more than they make every month. If you're renting and hope to someday be able to afford to buy a Vero Beach home, here are five […]
Sequester Could Ruin Your Vacation And More
We’ve already been talking about the sequester and what it could do to affect the Vero Beach economy. The sequester – $85 billion in federal budget cuts – went into effect March 1. If you’ve been following the news and thinking it will only affect federal employees facing a furlough, you may be wrong. In the video below, Money Talks […]
Vero Beach Housing To Drive Economic Growth
The Vero Beach housing recovery is expected to be the primary driver of the Vero Beach economy this year. Homebuilding activity will likely remain the strongest growing component of the economy in 2013, followed by consumer spending, increased domestic energy production, and stimulus from the Federal Reserve. Home sales rebounded to the strongest level in five years in 2012, as […]