The Economic Impact of Home Sales

Economic-Impact-STM[1]

Every home that is sold has an economic impact to the local market. The infographic above shows the economic impact of home sales in each state. Home sales in Vero Beach real estate market in Florida contribute on the average $41,000 to $50,000 to the local economy as illustrated in the above infographic. The data… [Read more…]

Selling Your Vero Beach Home? Price It Right From the Start!

Price-It-Right[1]

In the current Vero Beach real estate market, prices are increasing, demand for homes is high and the supply of homes available for sale is decreasing. In this market environment, pricing a house for sale is one of the biggest challenges that real estate professionals face. Vero Beach sellers often want to price their home… [Read more…]

NAR – Pending Home Sales Remain Strong In June 2015

Pending-Home-Sales-by-Region[2]

Pending home sales is a good indicator of the strength of a particular real estate market. The chart above from the National Association of REALTORS’ (NAR) Pending Home Sales Index, shows some interesting statistics. The (NAR) Pending Home Sales Index is “a forward-looking indicator based on how many units have gone under contract which will… [Read more…]