While housing continues to make a steady recovery, the percentage of first-time Vero Beach homebuyers remains very low. At only 32% of all home purchases, first-time buyer totals have fallen to the lowest level in almost thirty years. Why Vero Beach Homebuyers Aren’t Buying Despite market conditions seemingly being favorable for first-time buyers, they simply aren’t getting involved. Low mortgage rates, […]
Vero Beach Home Buyers Need Help From Family
During the recession of 2009, the number of Vero Beach home buyers depending on down payment assistance from family members or friends tripled. It’s estimated that roughly 21% of homes were purchased by homeowners using a gift or a loan as their down payment. Let's look at why that need may still exist. Vero Beach Home Buyers – "Who Can Save […]
A Good Time for Vero Beach Home Buying
Vero Beach home buying markets are always changing — just like the seasons of the year. Many people associate spring with a renewed, popular time to home shop. Fall is usually associated with a slower-paced real estate market for a variety of reasons. However, fall could very well be a great time for Vero Beach home buying. Let’s take a […]
5 Vero Beach Home Buying Fears
Whether it's the fear of the unknown or the fear of discovering a problem, some Vero Beach home buying prospects are hesitant to enter the market. Sometimes the fears are justified, and when they are there are steps you can take to alleviate them. Facing Vero Beach Home Buying Fears Head On Fear of a cracked foundation, leaky roof or […]
Student Loan Debt Affects Vero Beach Home Buying
The Vero Beach home buying market has been impacted by many potential first-time home buyers wrestling with repaying student loans. A recent BankRate.com survey revealed that young adults who would otherwise be prospective home buyers shelved their home search until their student debt is either reduced significantly or paid entirely. To make matters worse, many of these first-time buyers are […]