Moving to Vero Beach, Florida: A Great Time to Enter the Housing Market
Are you thinking about making a move to Vero Beach, Florida? If so, now may be the perfect time to take the plunge and enter the housing market. The current market is vastly different from the one that existed 15 years ago, and it presents a unique opportunity for buyers to make a long-term investment in real estate.
According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the current market has some similarities to the 2008 housing crisis, but key variables such as inventory and competition have shifted greatly. With inventory on the rise and less competition from other buyers, now is a great time to enter the market. David Stevens, former Assistant Secretary of Housing, advises that this may be the only window for the next few years to get into a buyer’s market. He also notes that, as Federal Reserve data shows, home prices only go up and always recover from recessions, regardless of their severity. Therefore, long-term homeowners should view this market as a unique buying opportunity.
Vero Beach is a beautiful town on the east coast of Florida, known for its natural beauty, culture, and fun activities. It’s just 2 hours north of Fort Lauderdale and 45 minutes south of Melbourne, making it a great destination for someone looking to live in a relaxing small town while still being close to big cities with nightlife. With a variety of shops, restaurants, parks, events, and other amenities Vero Beach is truly a great place to call home.
The housing market of today is not the same as it was 15 years ago. It presents a unique opportunity for buyers to enter the market, and it is worth considering for those looking to make a long-term investment in real estate. If you’re thinking about moving to Vero Beach, Florida, now is a great time to take the plunge and find your dream home in this beautiful town. Give us a call today to learn more about Vero, and set up a free consultation to review your options.
Work with The Best Realtors in Vero Beach, FL
The Reynolds Team believes that the consumer deserves a better, more reliable real estate experience from beginning to end. With a Team of Full Time Realtors and dedicated Support Staff, we have the processes and programs in place to deliver an extraordinary client experience. Through our vast knowledge gained from decades in the business and an alignment with our trusted network of professionals (attorneys, lenders, title companies, home stagers, builders, and the list goes on), we have streamlined the real estate process taking the stress out of buying and selling a home.