Vero Beach Real Estate
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 […]
Rising mortgage rates are the biggest worry for prospective Vero Beach home buyers. Bigger than rising prices and the lack of available inventory, according to a survey released recently by Trulia. The survey suggested that rates — which remain below 5% — aren't likely to be a deterrent to Vero Beach home buyers just yet. Mortgage rates have jumped in […]
Vero Beach home buyers have been flocking to the market in droves this past year, trying to take advantage of affordable prices and record-low mortgage interest rates while they still can. When it comes to applying for a mortgage — the most important aspect of the home-buying process — recent surveys found that about one in three buyers have no […]
Even with this full-fledged seller's market underway, many Vero Beach home buyers are running from some listings. Call them turnoff listings, or whatever you want to call them. For one reason or another, Vero Beach home buyers are turned off by these homes. Often times it's due to being overpriced, excessive restrictions on access to even seeing the homes, owners […]
Many previously foreclosed Vero Beach home buyers are now wanting back in to the home market. In what economists call "The Boomerang Buyers", many who lost their homes to foreclosure are now wanting to buy again. With more and more people who previously lost their home to foreclosure getting back in to an already crowded market, it's no wonder why […]
