If you are thinking on selling your Vero Beach home, do not wait too long. Demand is high, supply is low and many Vero Beach homeowners are benefiting from this situation. Higher prices and less stringent contingencies as buyers want to win over others’ offers are making it easier for the seller and their family…. [Read more…]
Housing Inventory at Almost All-Time Low
All across the country buyers are having hard time to find their dream home as inventory levels are at 30-year lows. Data from various agencies show that although buyers are actively looking for homes, sellers are not jumping with the same eagerness to list their homes. This is also true for Vero Beach real estate… [Read more…]
Strong Buyer Demand Lifts Home Prices
The housing inventory is at historic lows driving up prices and home buyers are finding that is getting harder to find that perfect home. This trend is also true here in Vero Beach as inventory levels are the lowest of the last 4 years which is driving prices higher in almost all areas. The following… [Read more…]
The Economic Impact of Home Sales
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!
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 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…]