I have been thinking of snow as our flights up north were cancelled last week, and we almost got cold enough to see it here. Have a wonderful 2023!
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Happy New Year!
We continue to move closer to market balance in Manatee County after a lengthy run of sellers holding most of the cards. Inventory levels are up to almost 4 months of sales (6 months is considered in balance between buyers and sellers). As the price point rises, inventory levels shift more towards buyer leverage. We are now entering our peak season in Florida, so the next few months will be telling as to the market direction. The infographic from Florida Realtors below has the latest results from November.
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Happy Holidays!
May this holiday season be the best one yet for you and your family.
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More on Forecasting
Florida Realtors has put together this infographic on one way to predict the future of real estate. While this is oversimplified, it does capture the basics of supply and demand. If you have more questions about today’s market, reach out any time.
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Local Fishing with Holiday Guests
If you enjoy fishing (or think you might) but have never hired a fishing charter in our area, you are missing out. Especially if you are looking for ways to entertain your out-of-town guests this holiday season. While I am not going to recommend a specific charter since there literally tons of great options, I am going to use this article to help you understand the differences between nearshore and offshore fishing trips. Also, I will share a few pieces of advice on what to bring and what not to bring.