According to housing market experts, the real estate market is healthy and prices are expected to appreciate the new few years. Following are some of the predictions by the market experts. Home Prices are projected to rise through 2023 Home prices are expected to level off to more normal appreciation pace What does this mean… [Read more…]
Is Vero Beach a Buyer’s or Seller’s Market?
In a Buyer’s Market, there are more houses for sale than buyers looking to buy a home. In a Seller’s Market there are more buyers looking for a home that available house for sale. Across the country and here in Vero Beach, there are more buyers for lower priced homes than there are homes for… [Read more…]
October 2019 Housing Numbers
Real Estate nationally and here in Vero Beach continues to be healthy. Homes are selling quickly, in an average of 31 days, and interest rates are still historically low. Many people are finding that Vero Beach offers great value with homes priced well . Here are some interesting Housing Numbers and statistics for the month… [Read more…]
Need a New Home By the End of the Year?
If you are looking to buy a new Vero Beach home by the end of the year consider the following. Interest Rates are still low! Home prices are still going up! People who are home-shopping this time of the year are Serious Buyers! Your house will sell quickly so you can move up! Homes are… [Read more…]
Should You Use Your Home Equity to Move Up?
If you are looking to move up to a new home in Vero Beach or elsewhere, consider the following. 37% of home owners are mortgage free! Over 50% of homeowners have more than 50% equity in their homes! Inventory is low in the starter and mid-range home markets! So it is a great time to… [Read more…]
September 2019 Housing Numbers
Real Estate continues to be a good investment especially now with favorable economic environment with low interest rates and unemployment at historic lows. Many people are looking for a vacation or retirement home and Vero Beach has a lot to offer with real estate that satisfy all requirements and beautiful places to explore. Here are… [Read more…]
Will the impending Recession Create a Housing Crisis?
Recently, there’s been a lot of news surrounding an impending recession. However, the U.S. economy has performed well in the first half of 2019 and that has caused some experts to change their thinking on an impending economic slowdown and housing crisis. Here are a few notable examples: Anthony Chan, Chief Economist at JPMorgan Chase… [Read more…]
August 2019 Housing Numbers
Homeownership is the cornerstone of the American Dream and lifestyle. There are many reasons that people want to own homes here in Vero Beach and everywhere in the country. There are interesting Housing Numbers and statistics from the various agencies. Here’s a look at the national numbers the month of August 2019. Average Days on… [Read more…]
5 Important Things About this Housing Market
A lot is happening in the economic front which affects the housing market nationally and here in Vero Beach Florida. Home prices are appreciating, mortgage rates are low, inventory is building each month and wages are increasing.Here are 5 important things to consider about the current housing market. The economy is strong The unemployment… [Read more…]
3 Reasons People are Selling Their Houses Now
There are many reasons people are selling their house, and three of them are rising to the top of the list today They are moving closer to family and friends They are downsizing as their housing needs have changed They are relocating because of a job or different opportunities This is also true for people… [Read more…]