Vero Beach real estate market cooled off in October 2013 showing signs of slowing down from the strong showing during the season and summer. Fewer sales, increases in inventory and diminishing appetite from investors may be contributing to the slowdown in Vero Beach real estate market in the fall. The recent increases in mortgage rates… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report October 2013
The Vero Beach real estate market October report for single family homes on the barrier island shows a stagnant market with slight price depreciation compared to last month. The demand has also cooled off. However, there are price points where the demand is greater that the supply, and a seller’s market. The following sections provide… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report October 2013
Vero Beach real estate market report for condos on the barrier island in October 2013 showed signs of cooling off in October 2013. This month we saw a slight increase in inventory and significant reduction in sales. The following sections provide a detail view of the Vero Beach real estate market for condos on the… [Read more…]
Vero Beach Mainland Real Estate Market Report October 2013
The Vero Beach real estate market report shows that in mainland the market is still very active but is cooling off. We have are seeing weakness in previously healthy markets and price points. The market is still active for homes priced below $150,000. The following sections provide a detail view of the Vero Beach mainland… [Read more…]
Fall back for Vero Beach real estate market
Vero Beach real estate market report for September shows the market took a break from the strong showing this summer. The fall started this September with fewer sales and slight increase in inventory in all Vero Beach real estate markets. The recent increases in interest rates and decreases in mortgage application may signal a slowdown… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report September 2013
The September Vero Beach real estate market report for single family homes on the barrier shows slight increase in inventory but continued price appreciation. The demand has increased but has not put a significant dent in the available inventory. However, there are areas and price points where the demand is greater that the supply, and… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report September 2013
Vero Beach real estate market report for condos on the barrier island in September 2013 showed signs of slowing down. This month we saw a slight increase in inventory and the current demand has not yet put a significant dent in the available inventory. Condominium sales in September 2013 were 16.7% higher than the same… [Read more…]
Vero Beach Mainland Real Estate Market Report September 2013
The Vero Beach mainland real estate market report shows that the market is still very active with more sales than the previous 3 years. We have start seeing some weakness in previously strong markets and price points due mainly to interest rate increases and lower mortgage originations. The market is still HOT for homes priced… [Read more…]
Vero Beach real estate market continues strong all summer long!
The Vero Beach real estate market continues strong all summer long! August was another good month for the market with price appreciation, less inventory and seller’s market in many areas and price points. We have started to see a bit of a slow down the last couple of weeks, which may be attributed to families… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report August 2013
The Vero Beach real estate market report for single family homes on the barrier shows that August continued the trend established few months ago with reduction in inventory and price appreciation. The demand has increased but has not put a significant dent in the available inventory as evidenced by the low Pending ratio. However, there… [Read more…]