This is it. Vero Beach, FL is a pocket of paradise on the Treasure Coast. It is a place of endless summers and cherished memories where lifestyles are laid back yet still completely absorbing. This is exactly what you sought to find in a second home.
As the housing market shows some signs of rebounding from five years of moribund news, the Vero Beach area is getting a fair amount of attention from cash-rich buyers due to its desirable location and favorable climate year-round. Median price for homes sold between December 2011 and February 2012 rose by 3.5 percent on a year to year basis. Based on annual averages, price per square foot mirrors this upward trend, rising 4.6 percent to $91 compared to the same period last year. At the same time, inventory of available homes has shrunk by 11 percent compared to last year's numbers.
These signs bode well for the market. Sellers of turn-key homes can expect quite a bit of interest from house hunters seeking a vacation home or an investment property with an eye on retirement in the near future. Even distressed properties offer some value to house hunters who have the time and resources to deal with construction issues.
There is something for everyone in the quaint ocean-side town. Water enthusiasts will revel in canoe explorations of the Indian River Lagoon. The fishing is always good in Vero's many waterways. Kayakers love the challenge and the scenery on the St. Sebastian River. Nature trails abound for the adventurous on the Sebastian River Preserve and in Orca Walk.
For those with more didactic preferences, Vero and the neighboring city of Sebastian are home to thematically diverse museums including marine, railroad and historical museums. The Vero Beach Museum of Art is the centerpiece of the area's thriving cultural scene.
The town presents a unique shopping experience. Independently owned shops offering distinctive merchandise line the beach areas and downtown while larger national chains are accessible in outlying areas.
Avid golfers wild find it easy to feel at home at the city's luxurious golf course. The city is home to impressive golf courses, some of which are open to the public while others are members-only. Golf communities abound for those who like to play where they live.
These are but a few of the reasons why the homes in this area will shine in 2012. The latest report from the National Association of Realtors indicates that the housing affordability index, currently measured at 206.1 is at its highest since 1970. A higher number relates to better home purchasing power over all, whether the purchase is a starter home for a young family or a second home on the water, intended for an entire clan.
Florida will never lose its cachet as a tropical haven. Vero Beach will always be the jewel of the Treasure Coast, beckoning to everyone who dreams of the idyllic Florida lifestyle.
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