Tag: Manatee County

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Home for Sale Real Estate

Featured Listing – 12145 Whisper Lake Dr

Listed at $364,500, this 3-bedroom, 2-bathroom home with 1,946 square feet and a two-car garage is sure to move quickly. Set in the private gated enclave of Eagle Trace, this charming maintenance-free home boasts three beds, two baths, and a large study. Well-designed for today’s living, the White Sands III floor plan built by Neal Communities has an open floor plan with large dining area, spacious kitchen, pantry, and a generous island with plenty of room for seating.

Home for sale

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Home Buying Home Selling Real Estate

The Local Condo Market is Favoring Buyers

The market for condos and townhomes above $400,000 has shifted in favor of buyers. When compared to last year at this time, the shift is especially pronounced when you reach the $600,000 and above market in both Sarasota and Manatee counties.

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Home Buying Home Selling Mortgages Real Estate

Mortgage Rates Have Dropped Again!

We saw mortgage rates drop significantly last month. The most recent decrease will save new borrowers an additional $15.61 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 4.55% at the end of December (and are even a little lower as I am writing this). At the end of November, they were sitting at 4.81%. We are continuing to see a bit of a zig zag approach to the market with a few months of rising rates followed by a month or two of decline.

Example of a FL home

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Home Buying Home Selling Real Estate

Examining the Local Single Family Home Market

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.

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Home Buying Home Selling Luxury Homes Real Estate

The Latest on Local Luxury Single Family Homes

The luxury single family home market ($1M+ homes) is more of a buyer’s market in both Sarasota County and Manatee County 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.

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