Home prices have increased significantly since the housing market bust we experienced across the country in 2008. This is also true here in Vero Beach where we have also seen a significant increase in sale prices since 2008. Are we in a new housing bubble? Many real estate market experts have been asked to answer… [Read more…]
Irma affected Vero Beach Real Estate Sales in September
Hurricane Irma took its toll on the Vero Beach real estate market with fewer sales as people were busy preparing for the storm. Irma’s late summer visit put a break into otherwise very active summer in Vero Beach real estate. Sales declined but sales prices increased compared the same period last year. The market continues… [Read more…]
Four Reasons to Sell Your Vero Beach Home this Fall
1. Buyer Demand is strong and will continue to be strong into 2018 Buyer demand is still strong nationally and it is true here in Vero Beach real estate. With inventory levels also still below historic numbers, you could be missing out on a great opportunity for your family. Housing supply just dropped to 5.1… [Read more…]
Thinking of selling? Competition is coming to you.
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…]
Active Vero Beach Real Estate Market this summer
The Vero Beach real estate is having a very active market this summer of 2017! Sales and sales prices increased compared the same period last year. The market continues to be active for high-end homes on the barrier island. The real estate market on the inland in August 2017 was active for both condos and… [Read more…]
Vero Beach Barrier Island Single Family Real Estate Market Report August 2017
The Vero Beach Real Estate Market for single family homes the island in August 2017 was active with more sales and higher prices than the same period on 2016. Sale prices continue to advance and increased by 48% as demand for single family homes on the island continues strong this summer. Vero Beach Real Estate… [Read more…]
Vero Beach Barrier Island Condos Real Estate Market Report August 2017
The Vero Beach real estate market activity for condos on the Barrier Island in August 2017 got hot again with 88% more sales compared to the same period in 2016 and last month . Sales have been decreasing the last couple of months which suggests that that the prices have approached the plateau and we… [Read more…]
Vero Beach Mainland Real Estate Market Report August 2017
The Vero Beach real estate market activity regained its strength in August 2017 with more sales than last month. The appreciation in sale prices has slowed down and appear that have stabilized at least for now. The low inventory and the steady demand for homes in Vero Beach may keep pushing sale prices even higher… [Read more…]
Home Prices Are Up; Do you Know How Much Yours Is Worth?
The latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month and released a report with this headline, “National Home Prices Now 50% Above March 2011 Bottom” The same is true for homes in Vero Beach and Sebastian. The following chart shows how… [Read more…]
Home’s Cost vs. Price
Real Estate Market Experts often talk about the difference between a home’s COST and PRICE. Sellers are most concerned about ‘short term price’ – where home values are headed over the next six months. Buyers however, must not be concerned about price but instead about the ‘long term cost’ of the home. Why Buyers should… [Read more…]