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17% Increase for Vero Beach Real Estate Sales

By
Real Estate Broker/Owner with Starfish Real Estate

Vero Beach Real Estate Sales received some good news from the local Realtors Association of Indian River County, which reported a 16.9% increase in home sales for August from the previous year.

It was the first positive sales growth reported since the Realtors association began reporting its figures in July 2006.

“It’s a little glimpse of glory,” said Karen Hall, association president. “I am encouraged by these figures. … I think we are headed in the right direction.”

Hall said the increase was likely driven by sellers lowering their prices, and says that “Sellers are becoming more realistic about their prices”. “They are realizing that they may not be seeing the big bucks that some people were making in the past.”

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Comments (2)

Donna Yates
BHGRE - Metro Brokers - Blue Ridge, GA
Blue Ridge Mountains
Paul:  This is good news!  What affects you folks in Florida affects us to some degree in Georgia.  I wrote a blog just the other day after a short vacation in Florida.  In it I said something to th effect that Florida's market won't be down long.  How can it?  It's a beautiful place to live, vacation and retire too.  There was good news about Panama City too in Destin's local paper a couple of weeks ago.  Keep us posted. 
Sep 26, 2007 01:05 AM
Eva Armstrong
Environmental Visions - Tallahassee, FL
Environmental Visions
Paul - that's good news!  And you're in a great area of our state with fabulous opportunites for people... I don't think it will be long before we ee the market start turning elsewhere here... the people still move here at the same rate according to the state economists.. about 800-900/day.... they have to live somewhere!
Sep 28, 2007 07:09 AM