Comment on 2010 January Vero Beach FL Real Estate Market Update by Ted

Ted — Wed, 24 Feb 2010 22:47:56 +0000

> The main problem that has plagued the real estate market here in Vero
> Beach area has not been the financial meltdown of the economy.Well not
> entirely.It has been caused over the past several years by real estate
> brokers who seeing a buying ‘frenzy’ and a need for listings promised home
> owner after home owner that they could get them more than anyone else and
> thus made such a glowing picture of a financial ‘pot of gold’ that the
> home owners gladly signed their listing agreement.
> Most all of the brokers followed the same pattern thus unrealistic asking
> prices were out there while sales slumped and offers at less were being
> rejected.There were a very few brokers who dealt with integrity and told
> their seller the truth that nothing with ridiculously high prices was
> being sold.Those who were honest obtained very few listings compared to
> the others however they sold homes and boy are their sellers happy today.
> I have watched this market for the past eight years and it really didn’t
> implode.It is only where it was eight years ago.Yes prices for the million
> and multi-million dollar homes have dropped from their stupidly inflated
> prices and yes there are some people taking a terrible hit that purchased
> those few homes and speculated with others but it wasn’t the economy it
> was many,many brokers that caused it.Check dozens of homes that have been
> for sale not for the past year or two but during the ‘inflated’ period and
> prior going back five,six years.YES! They are still for sale.
> To my amazement the same brokers fear telling the truth to the home owners
> even today since they led them along for such a long time and many have
> ‘invested’ interests.
> If you are a potential buyer my suggestion is to find a broker who does
> not have thousands of listings (they all use the MLS anyway) and can
> introduce you personally to their last three or fours sellers who have
> completed sales at close to the listing price.Spend the time.It will not
> take long and you will save the ups and downs believing that you will get
> a fortune when you will not even get your home sold.
Ted tells it like it is

Comment on 2010 January Vero Beach FL Real Estate Market Update by steve

steve — Tue, 19 Jan 2010 06:04:36 +0000

This less price of home is one kind of benefit to the customers and if they get good place at beach site,then its too good for them.

Comment on Vero Beach FL Area 2009 September Real Estate Market Update by Joseph Watson

Joseph Watson — Fri, 18 Sep 2009 07:19:42 +0000

I think its a mix up position for Vero Beach area real estate market and in some time it will go more and the rate of situation of this market will come in a better position.

Comment on 2009 August Vero Beach FL Real Estate Market Update by Waterfront beach houses | Waterfront Houses

Waterfront beach houses | Waterfront Houses — Sun, 09 Aug 2009 16:45:40 +0000

[...] 2009 August Vero Beach FL Real Estate Market Update | Vero Beach …Sale prices on the MAINLAND ranged from 12 homes that sold for under $50000 mostly in the South end of the county to only 1 home that sold for over $500000, a waterfront home on a canal in Vero Isles. Condo sales in the county sold at … read more… [...]

Comments for Vero Beach Florida Homes

Comment on 2010 January Vero Beach FL Real Estate Market Update by Ted

Comment on 2010 January Vero Beach FL Real Estate Market Update by steve

Comment on Vero Beach FL Area 2009 September Real Estate Market Update by Joseph Watson

Comment on 2009 August Vero Beach FL Real Estate Market Update by Waterfront beach houses | Waterfront Houses