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…]
Vero Beach Mainland Market Report February 2023
The February 2023 Real Estate Market Report for Vero Beach Mainland shows that we are went back to a Sellers Market as the influx of visitors created higher demand for homes on the mainland. The strong market activity now has a positive impact on pushing home prices higher. Although sale prices are slightly higher this… [Read more…]
Vero Beach Mainland Market Report January 2023
The January 2023 Real Estate Market Report for Vero Beach Mainland shows that we are now in a Balanced Market as the increase in the inventory and slower buyers’ demand, continue affecting sales and sale prices. . However, we are anticipating a strong market activity now that we have entered the traditionally strong winter season… [Read more…]
Vero Beach Market Report for 32963 January 2023
The Vero Beach Real Estate Market Report for zip code 32963 in January 2023 shows that we have a Buyers Market for single family homes and a Balanced Market for condos on the barrier island. The inventory continues to increase while demand has remained stable. As we are now into the traditionally strong winter season,… [Read more…]
Vero Beach Real Estate 2022 Year in Review
A review of the Vero Beach Real Estate market in 2022 shows a 2 faced market, with the great action of 2021 carrying over into the first half of 2022 with most areas been in Sellers Market with buyers actively looking for a home in Vero Beach Florida. However, the rising inflation and the FED’s… [Read more…]
Vero Beach Market Report for 32963 December 2022
The Vero Beach Real Estate Market Report for zip code 32963 in December 2022 shows that the market continues to be a Buyers Market for single family homes and now also for condos on the barrier island. The inventory continues to increase while demand has remained subdued. As we are now entering the winter season,… [Read more…]
Vero Beach Mainland Market Report December 2022
The December 2022 Real Estate Market Report for Vero Beach Mainland shows that the market is barely staying in the Sellers Market category but the increase in the inventory and subdued buyers’ demand, may continue affecting sales and prices moving forward. . We are anticipating a strong market activity as we enter the traditionally strong… [Read more…]
2023 Mortgage Market Outlook (And What The Experts Say)
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both… [Read more…]
2023 Housing Market Forecast
Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023. Sources: realtor.com Home Price Expectations Survey (HPES)… [Read more…]
Vero Beach Market Report for 32963 November 2022
The Vero Beach Real Estate Market Report for zip code 32963 in November 2022 shows that the market for single family homes continues to soften and it is a Buyers Market and a Balanced Market for condos on the barrier island. The inventory continues to increase while buyers’ appetite for homes in Vero Beach has… [Read more…]