Tag: Lakewood Ranch

Categories
Mortgages

The Fed Lowered Interest Rates, Why Haven’t Mortgage Rates Followed?

The answer to the headline is more complicated than you think. Thomas Ooten at Kessler Real Estate Financial Services has done a nice job of providing a high level explanation of what has happened in March. You can see what he wrote by clicking on this link.

When you look at his reasoning, you can see the outlook for mortgage rates in the near team is volatile. Not surprisingly, I can say the same about the real estate market as well. If you have any questions about our local market, I am here to help.

Categories
Real Estate

Making the Best of Our New Household Dynamics

Hello there! As we prepare for the coming weeks of being home with our families, a lot of us are asking ourselves the same question: “How am I going to keep my children entertained without leaving the house?” This is without a doubt a daunting task. With our twenty-one-year-old recently rejoining us and our twelve-year-old in our home, finding activities the whole family can enjoy is tough. Luckily, they are independent and enjoy their “personal” time.

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Categories
Home Buying Home for Sale Home Selling Real Estate

Feature Listing in Esplanade – 4604 Benito Ct

Listed at $925,000, this three-bedroom, three-bathroom home features 3,080 square feet of living space. This sought-after Pallazio floor plan is now available in Esplanade, Lakewood Ranch’s premier resort-style community.

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Categories
Home Buying Home Selling Luxury Homes Real Estate

Update on the Local Luxury Home Market

While the luxury single family home markets ($1M+ homes) in both Sarasota and Manatee counties are strong buyer’s markets, they look better for sellers this year than last. The most significant movement for sellers is in Manatee County where the months of available inventory has dropped over 40%.
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.

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Categories
Home Buying Home for Sale Home Selling Luxury Homes Real Estate

Featured Listing – 16727 Berwick Ter in Country Club East

Listed at $1,125,000, this four-bedroom, five-bathroom home features 2,947 square feet of living space plus a three-car garage. You’ll be impressed by this professionally designed former model home set on a premier lot in Lakewood Ranch’s Country Club East.

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