Although the Florida Public Service Commission opened the door for significantly more residential rooftop solar in Florida last month, make sure you do your homework before walking through it. While I am a big fan of solar power, I am a bigger fan of people protecting their pocketbooks.
Category: Home Prices
While I focus most of my time on what’s happening in Manatee and Sarasota counties, it’s also important to follow the broader real estate trends. Overall, the real estate market in the United States is seeing significant price increases. Over the past 12 months, average sale prices for homes have risen by 6.7%.
Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends will give you a good idea of what to expect.
I have been through several new developments lately, and this one really caught my eye. As Lakewood Ranch is heading south into Sarasota County, it is presenting new communities for us to discover. Entering this community, I immediately saw why it is special. You get immediate views of the two main lakes, with over 144 acres of water. The views from your lanai will be simply amazing.
Home prices in the United States rose an average of 6.6% last year. That rate is simply unsustainable. While CoreLogic is predicting that home prices rise again in the next 12 months, that rise is expected to be 4.8%, or slower than last year. So, what about prices in Florida?