Florida Realtors has put together the infographic below on why our local Florida real estate market continues to be robust.
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Our FL Market
Tag: Manatee County
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Home Buying Later in Life
With the median age of today’s homebuyer now at 59, it’s clear that it’s never too late to purchase your next home. But what if you’re 65 and retired; does buying still make sense? The answer depends largely on your financial position and whether you can comfortably manage the rising costs of homeownership. Still, many experts agree that for those who are financially stable, owning a home remains a smart investment at any age, with the added benefit of creating long‑term security for your family.
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Mortgage Rate Update
Despite a lot of noise, Mortgage interest rates have largely remained flat over the past 30 days. As of this week, the average U.S. rate for a 30‑year fixed mortgage is 6.11%, compared with 6.09% a month ago. While most forecasts earlier this year anticipated a gradual decline continuing through 2026, the likelihood of that decline is now probably no more likely than a likelihood of a small increase.
Relative to the long‑term average of 7.7%, today’s rates still offer meaningful savings, roughly $105 less per month for every $100,000 borrowed. Rates are also lower than they were a year ago. Over the past 12 months, the average monthly payment on a $100,000 30‑year fixed mortgage has dropped by about $35. For a borrower taking out the 2026 maximum conventional loan of $832,750, today’s payment would be approximately $290 lower than it would have been in March 2025.
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Home Selling Prep
Florida Realtors has put together the infographic below regarding items to get in order prior to listing your home for sale.
When prospective buyers browse online or drive by in person, the first thing they notice is your home’s curb appeal. It immediately signals how well the property has been maintained and shapes their expectations before they ever step inside. That’s why investing in thoughtful outdoor updates before listing is essential. Here are five impactful improvements to prioritize.