The 2018 Vero Beach Real Estate Market

The Vero Beach real estate market has enjoyed a vibrant ride during the past couple of years. In fact, not that long ago, Vero Beach rode a lengthy sellers’ market for much of 2016 into 2017. Now, with 2018 upon the calendar, key factors indicate a healthy market will continue this year, as well as into the foreseeable future. Read on to learn a little bit more about the Vero Beach real estate market dynamics.

Vero Beach Real Estate Market

The Vero Beach residential real estate market is recently known as one of the most active on the east coast of the Sunshine State. Located along the Atlantic Ocean, north of West Palm Beach and to the south of the Space Coast, Vero Beach is one of the most desirable locations to live on the peninsula (and even across the country).

Over the course of the last two years, the median home value in Vero Beach is on the rise, about 7.6 percent in the past year alone. Experts forecast median home values to increase by 3.4 percent over the course of this year and perhaps beyond. Strangely, the median list price in Vero Beach is actually a few dollars lower than the entire Vero Beach Metro area.

Distressed properties in the Vero Beach area are just under the national level. (Distressed properties are foreclosures and short sales.) This means there are still deals to be found in and around Vero Beach for interested buyers.

With interest rates still low and affordable and median home values on the rise, the Vero Beach real estate market should have a great 2018.

Article courtesy of Vance Brinkerhoof, your best choice for finding Vero Beach homes for sale.

Florida Boating It’s no surprise that Florida is the number one place with annual boating registrations that top all other states. Florida offers many different opportunities for boating whether you want to brave the ocean, the gulf, or one of their many, many lakes. Because they have been consistently the number one boating destination in the United States, Florida concentrates a lot of their state-wide efforts on keeping the waterways safe as well as fun. There are numerous state grants available for improving ramp access and keeping the waters clean. Florida has over 8,000 miles of coastline and 4,500 square miles of inland waterways, making it a paradise for boaters! From mega-yachts to wooden skiffs, having a boat is as normal as having a car for some Floridians. The Intra-coastal Waterway is a natural but dredged channel that extends 500 miles down the east coast of Florida to the tip of the Keys. It's a very popular boating route that runs through rivers, creeks and dredged canals. It is maintained by the Florida Inland Navigation District. The 135-mile Okeechobee Waterway, which cuts through the state, is another popular boating route, especially during the summer. It runs along the St. Lucie Canal from Stuart, across Lake Okeechobee and then on to Sanibel Island via the Caloosahatchee River. There are roughly 1,250 marinas in Florida, most with excellent facilities, accommodations and outlets for fishing and diving charters. Florida is also home to dozens of boat manufacturers, dealers and yards which provide services such as boat repair, painting and storage. If you are boating in Florida, you’ll find all the amenities afforded to the many, many boating enthusiasts that flock here every year. Numerous marinas allow for easy access to the many waterways and the services they provide make every boater comfortable and at ease. The fishing is also great in Florida, so it’s easy to combine recreational boating with angling for prize fish. You’ll find lots of award-winning fish in many different places, so if you plan on boating in Florida, be sure to bring your fishing gear! There’s no doubt about it, when you want a great boating experience, you need to check out Florida. Besides having some of the best weather in the country, they also offer boaters many opportunities to enjoy the weather along with the waters. Any type of boating from sail boating to speed boating is just waiting for you on the waters of sunny Florida!For information about Recreation in the Vero Beach area please see http://grandharboragent.com/recreation.html

Much Art And More In Vero Beach Vero Beach Florida is more than just a beach city. Though well-known for its beach hot spots and tourist attractions, the city also values art. Indeed, Vero Beach can be considered as an artist's haven. Vero Beach's fame for offering the good life is owed greatly to the integration of a tropical atmosphere and the cosmopolitanism of a cultured city. Hence, it was named as one of the premier art towns of America. The city exudes cultural wealth. The arts center which costs over $2 million dollars is declared the largest teaching facility and art museum in Florida. Vero Beach Florida's 630-seat Riverside Theater is located on Treasure Coast. Aside from being Treasure Coast's signature professional theater, the venue is also known for staging expensive and world class productions. The art culture started in Vero Beach since the early 20th century when artists, poets, artisans, and actors found their place and settled in the city. The botanical jungle garden was considered as a landmark in landscaping and was built and opened to the public in the 1930's by Waldo Sexton and Arthur McKee. Vero Beach's theater guild held their first presentation in 1958 and Riverside Theater followed suit in 1974. But don't get the impression that Vero beach caters only to theater or design artists, because in 1966, Vero Beach formed its own concert association. As mark of the citizens commitment to art, they raised and built a children's theater named after Anne Morton. As further proof to their value for art, most of these institutions were built by private donations with assistance from Vero Beach's local government. Perhaps, it is the beauty of their own land that inspire Vero Beach's residents to create so much beauty of their own. After all, Vero Beach Florida is blessed with semi-tropical weather. This makes Vero Beach a suitable place for a variety of flora including tropical trees and even pines which normally thrive on colder regions. There are also extensive citrus orchards and national parks in and around Vero Beach. Flowers rage in Vero Beach, and since this is a beach place, towering palms dot the landscape. Surely, natural beauties such as these are enough to inspire anybody. However, if you're not the artsy type of person, there are still lots of things to do and appreciate in Vero Beach. It is after all, the Dodgers' home, and considered as one of the top diving and surfing spots in Florida.For more info about vero Beach affordable Real EState please see http://grandharboragent.com Vance Brinkerhoff

Reef Ocean Resort

Vero Beach -- Reef Ocean Resort

The DJI Phantom Quadcopter with GOPro camera visit the Reef Ocean Resort in Vero Beach, Florida...

Vero Beach Air Show

Vero Beach Air Show

Saturday afternoon highlights from the Vero Beach Air Show - 5 October 2013.

Buying Foreclosed Real Estate with no Money Down

Properties that have been foreclosed are often a gold mine for any experienced or novice investor in real estate. Typically, properties that have been foreclosed are sold by the bank or financial institution for a price well under the current market value. This means that anyone that can purchase and repair the property can earn huge profits when they resell it.

Most individuals avoid looking at foreclosure properties because they believe they need impeccable credit and huge amounts of investment capital. However, there are effective ways that any investor in real estate can purchase foreclosed properties with virtually no credit and no money down.

Finding the Properties

Properties that are distressed in the community are those that are about to go through foreclosure sale. Any notice of a foreclosure sale will be posted on a board in the County Clerkís office, in the county with a distressed property is located. This is because it is a public record that a foreclosure sale is about to take place.

Typically, the best time to locate the new list of foreclosure sales is the first Tuesday of the month. This is the time when the last huge batch of properties that were foreclosed had been sold at auction, typically on the steps of the County Courthouse, or at the Sheriffís office. It is then that a new list of any upcoming foreclosure sales will be clearly posted.

Contacting the Financial Lender

On the list of foreclosures will be another list of lenders that are owed monies on the property, and have called for the property to be foreclosed. Make direct contact with the financial lender and offer a proposal to assume the loan on the property without the need to qualify. The loan assumption without the need to qualify simply means that you will be willing to take over any current and future mortgage payments for the lending institution.

However, your proposal to assume the debt requires that the bank not qualify you based on any credit check. Typically, small lending institutions will agree to this format if you have the ability to prove that you have a minimum of three months reserve payments.

Contact the Property Owners

Before the foreclosure sale begins, make direct contact with the owners of the distressed property. Typically this can be done by simply visiting the home. Speak to the owners directly about assuming the loan from the lending institution. Explain that once the payments have been wiped out, the property will be transferred to you instead of sold at auction, allowing them to avoid the foreclosure. This will help them avoid any damage to their credit history.

Write up an agreement to make a purchase for the loan assumption. Once the assumption is approved by the lender, you can then move to escrow, and close on your new property. Once the entire process has been completed, you will receive the keys to your new home, and the lending institution will have transferred the title or deed of the property directly into your name.

Vero Beach Condos for sale