Vero Beach May Update

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Real Estate

 

May flowers are blooming!

Season is winding down, the crowds are clearing, and Vero is returning to mellow summer mode. For those of you who are not locals, Vero changes dramatically in the summer. The population drops by about 50%, the beaches empty out, and there are no waits to be had at the restaurants. Days are long and hot, and the traffic is light. 

The local real estate market remains a topic of conversation in Vero Beach. While inventory has increased, many sellers are still eager to capture the gains from recent price increases. Buyers, on the other hand, remain cautious and continue to wait for interest rates and prices to stabilize. Despite this, Vero Beach remains one of the few places that is predicted to see prices rise this year, making it an ideal time for both buyers and sellers to take advantage of the current market conditions.

May brings with it the beloved holiday of Mother’s Day, providing an opportunity to celebrate and honor the special women in our lives. With beach time and reading in mind, we’ve included a list of some of our favorite Mother-themed books for your reading and gifting pleasure.

As summer approaches, it’s the perfect time for outdoor activities and to soak up the warm Florida sun. Whether it’s a day at the beach, a round of golf, or a stroll in the park, there is something for everyone to enjoy in Vero. As always, if you are looking to buy or sell in this vibrant community, we are here to help you navigate the current market and find the perfect property to suit your needs.