Although the luxury single family home market ($1M+ homes) is better balanced this year than last in Sarasota County, it is still a strong buyer’s market. In Manatee County, it is even a stronger buyer’s market this year than last. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.
Tag: home buying
Here is your opportunity to move in to Lakewood Ranch newest village, Lakehouse Cove in Waterside, without going through the process of building. This three-bedroom, three-bathroom home features 2,779 square feet of living space and a three-car garage. Listed at $987,000, this home is available now for immediate occupancy.
This three bedroom, three bath home is now available. It features 2,221 square feet of living space and a two-car garage. Listed at only $357,000, this recently renovated home is bright and airy and boasts the coveted Endless Summer wide-open floor plan that is both spacious and functional.
Whether you are looking for a family home or to invest in a rental property, you don’t want to miss this one. This newly renovated, Morrison-built home is centrally located in the distinguished neighborhood of Summerwood. Listed at only $425,000, this property is sure to move quickly.
We saw mortgage rates stay essentially flat again last month after a rapid rise to start this year. Average U.S. rates for 30-year fixed rate mortgages are currently at 4.54%. At the end of last month, they were sitting at 4.55%. While it is great to see upward momentum reverse for the time being, the general forecast continues to be for a slow continued rise over the rest of the year.