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You are here: Home / Buying Real Estate in Vero Beach, FL / Home Buyers Guide Winter 2025

Home Buyers Guide Winter 2025

December 26, 2024 By veroman

Buying a Home - Winter 2025

If you are thinking of buying a home in Vero Beach this winter season, this special edition of the Winter 2025 Buyers Guide, includes tips and answers to your questions such as Homebuyer Opportunities Today,
What To Expect from Mortgage Rates and Home Prices in 2025, The Perks of Buying over Renting,
The Biggest Mistakes Buyers Are Making Today, and much more.


Take a look at what is inside in the Home Buyers Guide Winter of 2025 and get it for FREE today!
 

What is inside the Home Buyers Guide Winter 2025

 

HOMEBUYER OPPORTUNITIES TODAY

There’s no arguing this past year has been challenging for homebuyers. But the market is in transition now, and that gives buyers three key opportunities:

  1.  You Have More Options To Choose From

Data from Realtor.com shows inventory is up more than 29% year over year. This means you have a better chance of finding a home that suits your needs and preferences. But that doesn’t mean there’s a sudden surplus. Inventory levels are still roughly 21% lower than they were in more normal, pre-pandemic years (see graph below)

The Supply of Homes for Sale Is Growing

2.  There’s More New Home Construction

If you still don’t see an existing home you like, look at new home construction. According to data from the Census and NAR, 28.8% homes on the market is a newly built home. But don’t worry, that’s not because of overbuilding – builders are simply catching up after years of underbuilding.

And since builders have been focusing on smaller, more affordable homes, you can really open up your pool of options if you add new builds to your search.

3.  Home Prices Are Moderating

Home prices are showing signs of moderation – and that’s a welcome shift after the rapid appreciation seen in recent years (see graph below):

Year-Over-Year Change in Home Prices

Get the latest Vero Beach Market Reports to get informed about the local real estate market and give you an edge when looking for a home in Vero Beach.

 

WHAT TO EXPECT FROM MORTGAGE RATES AND HOME PRICES IN 2025

Curious about where the housing market is headed in 2025? Here’s what the expert forecasts have to say about two key factors that impact your decision: mortgage rates and home prices.

After a lot of volatility and uncertainty throughout 2024, expert forecasts suggest rates will start to stabilize over the next year and should ease a bit compared to where they are right now (see graph below):

Mortgage Rates Projections 2025

 

THE PERKS OF BUYING OVER RENTING

Torn between whether to rent or buy a home? Here are two reasons why becoming a homeowner may be worth it, if you’re ready and able to buy. p>

There’s been some confusion over the past year or so about which way home prices are headed. Make no mistake, nationally they’re still going up – just not as fast. And that’s not really a surprise. Over the long-term, home prices almost always go up (see graph below): p>

Price Appreciation over the Last 60 Years

 

THE BIGGEST MISTAKES BUYERS ARE MAKING TODAY

No one likes making mistakes, especially when they happen in what’s likely the biggest transaction of your life – buying a home. That’s why partnering with a trusted agent is so important. An expert’s insights will help you avoid the top mistakes homebuyers are making today.

  1. Trying To Time the Market
  2. Buying More House Than You Can Afford
  3. Missing Out on Assistance Programs
  4. Not Leaning on the Expertise of a Pro

The good news is you don’t have to deal with any of these headaches. Let’s connect so you have a pro on your side who can help you avoid these costly mistakes.

Get this Winter 2025 Buyers Guide and find out how to get the best deal on a Vero Beach home. You will also find a lot more information in this NEW full version of the Home Buyers Guide for Winter 2025 by requesting one using the form below. It is FREE.

Home Buyers Guide Request Form:

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Filed Under: Buying Real Estate in Vero Beach, FL, Home Buyer Guides Tagged With: Home Buyers Guide, Real Estate News, Real Estate Tips, Real Estate Tips for Buyers

John Makris – REALTOR®

LPT Realty, LLC

1400 S. International
Parkway, Suite 1020
Lake Mary FL 32746 Phone: (772) 532-0945
John Makris - Vero Beach Realtor

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