The Vero Beach Real Estate Market Report for zip code 32963 in May 2023 shows that buyers were still very active and we continue to be in a sellers market for both single family homes and condos on the island. The inventory was again slightly decreased while buyers’ demand for Vero Beach homes is still… [Read more…]
Vero Beach Mainland Market Report May 2023
The May 2023 Real Estate Market Report for Vero Beach Mainland shows that we are still in a Sellers Market as buyers were actively looking for homes on the mainland as the winter season came to an end. Sales and sale prices increased while the inventory slightly decreased. Sale prices are stabilizing but we have… [Read more…]
Vero Beach Market Report for 32963 April 2023
The Vero Beach Real Estate Market Report for zip code 32963 in April 2023 shows that buyers were still active and maintaining the sellers market for both single family homes and condos on the island. The inventory was slightly decreased, but the continued buyer demand for homes on the barrier island kept both closings and… [Read more…]
Vero Beach Mainland Market Report April 2023
The April 2023 Real Estate Market Report for Vero Beach Mainland shows that we are still in a Sellers Market as buyers were actively looking for homes on the mainland before the winter season ended. As the season winding down, so were the sales, prices and inventory slightly decreased. Sale prices are stabilizing and if… [Read more…]
Vero Beach Market Report for 32963 March 2023
The Vero Beach Real Estate Market Report for zip code 32963 in March 2023 shows that buyers were very active and shifting the market into a sellers market for both single family homes and condos on the island. Despite the continued increase in the inventory, the strong buyer demand for homes on the barrier island… [Read more…]
Vero Beach Mainland Market Report March 2023
The March 2023 Real Estate Market Report for Vero Beach Mainland shows that we are in a Sellers Market as buyers were actively looking for homes on the mainland during this strong winter season. The strong market activity has resulted in higher sale prices despite the increase in the inventory. However, although sale prices are… [Read more…]
How the recent Bank Failures Affect the Mortgage Rates and You!
Are you in the market for a new home or thinking about refinancing your current mortgage? Then you need to know what’s going on with mortgage rates. What’s Going On With Mortgage Rates? In the past, mortgage rates have followed the 10-year U.S. Treasury yield. However, recent instability in the banking sector has caused many… [Read more…]
How the Housing Shortage is Affecting Vero Beach Real Estate Prices
The housing market is in a state of flux, with prices fluctuating wildly in different areas. However, one factor that is helping to keep home prices from crashing is the current housing shortage. This phenomenon is particularly evident in Vero Beach, where demand for housing is outstripping supply. Watch the following short video to explain… [Read more…]
The Future of Home Prices in Vero Beach for 2023: Insights and Considerations
In recent times, the trajectory of home prices nationally and as an extension in Vero Beach, has become a subject of intense discussion. Various predictions have been put forth, ranging from a massive decline in prices reminiscent of the 2008 crisis – which has not occurred – to regional appreciation or depreciation depending on the… [Read more…]
Vero Beach Market Report for 32963 February 2023
The Vero Beach Real Estate Market Report for zip code 32963 in February 2023 shows that we have a split personality market with a Buyers Market for single family homes and a Sellers Market for condos on the barrier island. The inventory continues to increase while demand has remained at the same levels. As we… [Read more…]