Vero Beach Real Estate
New single-family Vero Beach home sales were up in November. The increase was lower than anticipated, signaling a slight momentum change in the housing market. Recent Commerce Department statistics show new home sales increased 4.3% during November. This equates to a seasonally adjusted annual rate of 490,000 new homes sold. The number of homes sold in October was revised downward […]
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 […]
Existing Vero Beach home sales are expected to finish the year at their highest level since 2006 according to the National Association of Realtors’ economic forecast forum revealed at its 2015 Legislative Meetings & Trade Expo. However, accelerating price growth and rising mortgage rates have the potential to change the expected finish. In the most recent existing-homes sales report, sales […]
In our Vero Beach Real Estate News for May 2015: Pending Vero Beach Home Sales Up Pending Vero Beach home sales were up in March, even though the low supply of available homes for sale is still a concern. The National Association of Realtors said this week that its seasonally adjusted pending home sales index rose 1.1 percent to 108.6 […]
Vero Beach home sales continue to increase as more and more homes come on the market, a sign of strength in housing as the Spring home buying season swings into high gear. Vero Beach home sales have been constrained by a shortage of properties on the market, which has pushed up home prices and limited choices for potential buyers. Vero […]
