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Home Buying Home Selling Real Estate

The Dreaded Bidding War

Trying to buy a home in today’s market can be rough. The Pandemic has motivated a lot of people to look for a home, but also kept a lot of people from listing their home so options are often limited.  One of the more challenging parts of any home search is happening more frequently now – competing against other buyers in a bidding war. Here are some things to consider if you find yourself in the same situation.

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Home Buying Home Selling Real Estate

Condo / Townhome Market Update

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 sellers across all price points in both Sarasota and Manatee counties.

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Home Buying Home Selling Mortgages Real Estate

Refinancing Thoughts

Refinancing your mortgage is something most homeowners consider at least once throughout the lifespan of their home loan. It allows you to pay off your previous loan by applying for a new one that has better financial advantages. While there are many good reasons to refinance, here are five common ones.

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Home Buying Home Selling Real Estate

Local Market Update

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 generally give you a good idea of what to expect.

Categories
Home Buying Home Selling Mortgages Real Estate

Mortgage Interest Rate Update

We saw mortgage interest rates drop again in the last 30 days. The recent change will save new borrowers another $3 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 2.87% as of this week. Last month at this time, they were sitting at 2.93%. Of course, both are historically low.