The Vero Beach economic market has been battling the notion for some time now that the U.S. is headed for another housing bubble. A repeat of the recession and housing crisis from less than a decade ago is unlikely at best. Yet, there are those that have warned of another housing meltdown like the one that occurred back in 2008. Before you […]
Beware of Financial Fraud in Vero Beach’s Economy
Hardly a day goes by without Vero Beach's economy being adversely affected by financial fraud. The reported fraudulent activity ranges from hackers being able to access a business’ computer network to various types of identity theft. Despite new chip-enabled credit cards and the general heightened awareness of phishing scams, hackers are becoming much more sophisticated and consumers are at greater […]
Vero Beach Economy 2016: Rising Rents
The Vero Beach economy saw only modest increases in the past year in the cost of food, transportation and clothing. No doubt, with similar numbers nationwide this has helped millions of Americans cope with what can often be dynamic consumer price changes. These and other slight increases have helped many households in the U.S. make ends meet. However, this is […]
Vero Beach Economy Almost Reaches Projections
The Vero Beach economy grew only slightly less than expected during the first quarter of 2016. This was due, in part, to a surge in home-building and a slow but steady increase in inventory investment by businesses. The U.S. Commerce Department had projected the gross domestic product (GDP) to grow at a rate of .9%. In actuality, the GDP grew […]
Vero Beach Economy: Homes “Underwater”
The Vero Beach economy has some things in common with other housing markets throughout the country. Despite substantial improvements in home prices in 2015, there are still a large number of borrowers "underwater" on their mortgages. This article will look at the reasons why this dilemma is still true for many homeowners. Vero Beach Economy Challenging for Some As home […]