While the luxury single family home markets ($1M+ homes) in both Sarasota and Manatee counties are buyer’s markets, they are both significantly better now for sellers than they were last year at this time.
Category: Home Selling
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Need More Space?
Unfortunately, our homes do not always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.
We saw mortgage interest rates drop again in the last 30 days. The recent change will save new borrowers over $8 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 2.88% as of this week. Last month at this time, they were sitting at 3.03%.
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Of course, it is important to get the most bang for your buck when deciding what items to address. Here are our top four recommended repairs to make before selling your home.
The local market for condos and townhomes is continuing its shift in the Pandemic. When compared to last year at this time, the market favors buyers across all price points in Sarasota County. While Manatee County has the same story as Sarasota County across most price points, the $600,000 to $999,999 price range has improved materially for sellers when compared to last year at this time. If you did not read my update on single family homes, I will say that the condo and townhome market is moving in a different direction than the market for single family homes.