"Florida’s economy is ranked 16th largest in the world!"
The Indian River Lagoon, passing through Vero Beach, forms a significant portion of the Intracoastal Waterway, and is a hub for boating, fishing, water skiing, diving, kayaking and other small-craft waterborne activities. The Treasure Coast is located on Florida’s
Atlantic coast, comprising of the Indian River, St Lucie, Martin and Palm Beach counties. It is a tropical destination offering residents and visitors of all ages a vibrant, yet laid-back quality of life centered around beaches, boating, fishing, community and the outdoors. The name "Treasure Coast" refers to the Spanish Treasure Fleet lost in a 1715 hurricane.
Florida’s economy is ranked 16th largest in the world. The Treasure Coast market has two of the top four counties in Florida when ranking personal and investment income per capita. The number of business establishments has more than doubled over the past nine years. A new ranking by Business Insider lists Sebastian-Vero Beach as the nation’s fifth-best market for the next five years.
Appreciation and security on
the Treasure Coast
Largest buyer population–people between the ages of 25 and 34 to go along with our retiree/snowbird customers – combine these two customer demographics with our area's affordable cost of living and you can see why prices are going up all along the Treasure Coast (Port St Lucie, Fort Pierce, Stuart, Jensen Beach, Palm City).
The percentage of closed sales paid in cash 43.1% in January of 2017. By looking at the low volume of total sales in relationship to how many were bought in cash, it suggest strongly that this is a under the radar investor friendly market.
Port St. Lucie was ranked 10th overall by Portfolio.com among the “Best Places to Retire in the U.S.” Located in Florida’s Treasure Coast, Tradition is a return to the days when your town had everything, with a lifestyle that’s unmatched anywhere in America.
There’s a flood of buyers looking for new homes. Home prices are still 33% lower, on average than at peak in 2006, and many feel that they should take advantage at the current level.
“The combination of low interest rates and the stability in the job market is improving buyer confidence and finally releasing some of the sizable pent-up demand that accumulated in recent years,” reports Lawrence Yun, Chief Economist at NAR.
Single-Family Homes make up 15% of the rental market. Median sales prices have risen from $180,000 to $210,000 within the last year! That’s an incredible appreciation of 18.2%