The Vero Beach housing forecast for the second half of 2015 fails to show any positive data, with trends predicted to go downhill. According to the latest market report from analytics firm Clear Capital, nationally, the data is more of the same. Data through June looks similar to data through May 2015, with no change in quarterly growth at 0.6% […]
Pending Home Sales Climb to 9-Year High
More Americans signed contracts to purchase homes in May, as pending home sales climbed to their highest level in more than nine years. The National Association of Realtors reports that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month. The index has increased 10.4 percent over the past 12 months, putting it just below the […]
May Vero Beach Home Sales Highest Since 2008
Vero Beach home sales in May were greater than in any other May since 2008, while home prices continued to rise. Sales are on a four-month trend in which they were higher than both the previous month and the same month in the previous year. Many positive factors are contributing to a strong housing market this year. Job growth and […]
Credit Scores for Vero Beach Renters Rising
Credit scores for Vero Beach renters appears to be unaffected by the surging cost of renting according to a report from CoreLogic. New data from CoreLogic found that the risk of default among Vero Beach renters decreased year-over-year by two points, according to the firm's index value for the first quarter of 2015 — compared to the index value in […]
New Homes Increase 7 Percent in April
Sales of new homes increased nearly 7 percent in April to a seasonally adjusted annual rate of 517,000, according to the U.S. Census Bureau. New Homes Numbers Still Below Average The new homes numbers are still below-average historically, but they are up 26 percent compared with April 2014. Plus, home builders were relieved that sales bounced back in April after […]