It’s been a few weeks since my last Vero Beach Real Estate update. My lead buyers agent Cheryl Goff has been extremely busy working with a lot of different buyers from all over the place, and we’ve both written offers this week on great properties for sale here. I also won a long standing arbitration case this past week, so the good guy can still win.
As far as the latest Vero Beach Market Statistics, we’ve started to notice that properties we’ve shown recently are no longer available, having gone under contract rather quickly. We’ve even lost a couple deals here lately because it turned out to be a multiple offer situation, and our buyers were out-bid. I agree with what Donald Trump said on CNN last week, that this may turn out to be one of the best times in history to buy real estate. Think about it: The year is 2009, and yet many of our clients are getting 2003 and 2004 pricing on things – it’s ridiculous. Interest rates are lower than in the boom as well. As our web traffic keeps going up, we can’t impress upon folks enough that we are running into multiple offer situations, just like the old days. What does that mean? There are only so many great deals out there, and you must be prepared to move quickly, and make an educated offer, because those that don’t are leaving town empty handed. We’re not making this up. If you follow the weekly Vero Beach Real Estate Sales that I post, the average list to sell ratio is 88% or higher. And some properties sell above asking price.
We’ve also introduced a brand new website: Vero Beach MLS Listings, which now lets you search by street as well as house number. We plugged some of that functionality into Living In Vero as well. Let us know what you think about that. If you can remember the house number, but not the street (or vice versa), it’s pretty cool to be able to drill down and locate something easily.
On a personal note my Dad visited Vero Beach for the fist time a week or so ago, and was really impressed with the place. Some of the things he liked the best were all of the public beaches, public boat ramps, parks, walking trails, free parking, etc. It’s what makes Vero Beach Florida so special…
Paul Kitchen
Broker-Owner
Starfish Real Estate
1705 19th Place Suite C-1
Vero Beach, FL 32960
(772) 539-8420
(772) 539-8360 fax
(800) 793-7304 toll free
Vero Beach Real Estate
Vero Beach Real Estate Blog
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