Vero Beach home sales have fallen to their slowest pace in nine months, with sales of existing homes tumbling 4.9 percent last month. Relatively low mortgage rates and steady job growth have not yet spurred the kind of activity from buyers or sellers, raising the possibility of either a spring rush, or another year of slack Vero Beach home sales. […]
Existing Vero Beach Home Sales Increased in December
According to figures from the National Association of Realtors, existing Vero Beach home sales increased in December, reaching an annual pace nationally of more than 5 million sales for the sixth time in seven months. Median home prices for last year reached their highest level since 2007 but the total number of sales dropped 3.1% compared to the previous year. […]
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 […]
Existing Vero Beach Home Sales Hit One Year High
Previously owned Vero Beach home sales climbed in September to the highest level in a year, pointing to growing confidence in the U.S. economy as employment firms. Nationwide, purchases advanced 2.4 percent to a 5.17 million annual rate. Demand was up 1.9 percent compared with the same month last year before adjusting for seasonal patterns. . Of all Vero Beach […]
Surge in Vero Beach Home Sales Predicted
An unusual surge in Vero Beach home sales is predicted this fall due to a slowdown in home price growth and a shift in pricing power from sellers to one that more closely aligns with buyers' expectations. Home buyers who have been willing to wait for better deals are starting to be rewarded for their patience. The number of Vero […]