Vero Beach Real Estate got 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’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.”
It was the first positive sales growth reported since the Realtors association began reporting its figures in July 2006.
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