The burden of Vero Beach household costs fell for the third consecutive year, according to the U.S. Census’ 2013 American Community Survey. Nationwide last year, 39.6 million households spent more than 30 percent of their income on housing, which is a decrease from 40.9 million in 2012 and down from the peak of 42.7 million in 2010. Vero Beach household […]
Vero Beach Home Sales Continue Strong Uptick
More people closed on a Vero Beach home or condo last month, with sales of existing Vero Beach homes rising to the highest level since September 2013. Vero Beach Home Sales Mirror National Numbers The same trend that Vero Beach home sales are seeing holds true across most of the rest of the country as well. The National Association of […]
Losing Vero Beach Homes Over Unpaid Utility Bills
Families are losing their Vero Beach homes because of unpaid utility bills. It's happening all over America, not just in the Vero Beach area… . Losing Vero Beach homes over unpaid water or sewer bills seems unreal indeed, but it is happening. So keep this story in mind before you decide to dig your heels in and refuse to pay […]
Could We See Another Vero Beach Housing Crisis?
This week's "Slap in the Face" Award goes to our devoted public servants in Washington, who've decided the Vero Beach housing market isn't moving fast enough. To correct this, they're lowering lending requirements, and some mortgages will not require a down payment… again. Really? We mean, REALLY? . The Vero Beach housing market, or any other housing market in the […]
Baby Boomers Staying Put With Their Vero Beach Homes
A majority of Baby Boomers surveyed recently by the non-profit Demand Institute say they plan to stay put in their Vero Beach homes. Many of the decisions to stay in their Vero Beach homes has to do with the recession. The financial crisis put an end to years of rapid wealth accumulation, causing the typical Boomer household's net worth to […]