Indian River County Real Estate Market Update for Spring 2014

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Indian River County Real Estate Market Update for 2014


Now that the first quarter of 2014 is over, I would like to update you on what is happening and why it's a great time to be in the Florida real estate market.

Here in the Indian River County area our market has been very hot lately. We have actually seen an 8.5% increase in the number of homes sold, and also a 12.5% increase in home prices from last year.

What this means is that sellers who were waiting on the market can now sell. They are starting to build some equity and are now looking to move into different homes and out of their own.

Home buyers in the Indian River County area also have some opportunities because interest rates are still historically low, but they are expected to rise somewhere in the area of 5.5% by the end of this year. This means that the window to buy a home affordably is closing, so if you're thinking about buying you should be making a decision very soon.

So, there is a lot of activity and a lot of opportunity here in Florida.

One last thing that I wanted to mention is that we were voted the Favorite Realtor by the Treasure Coast Chronicle! We are very excited and humbled to be awarded such an honor, and we promise to keep bringing you the best service possible.

So, if you have any questions about real estate in the Indian River County area please give me a call. I would be happy to arrange a time where we could sit down and discuss all of your wants and needs. I can be reached at (772) 321-6905 or email me at