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Home Buying Home Selling Real Estate

Manatee County Market Update for Single-Family Homes

While closed sales saw solid year-over-year growth in January, they didn’t keep pace with new inventory on the market. Accordingly, the market continued to shift toward buyers in January. It is still relatively balanced, but it is in better shape at lower price points than the higher end of the market. Due to more transactions at the lower to middle end of the market, the median sales price was down a whopping 8.6% when compared to January of 2024. Overall, it feels like opportunities exist for home buyers in the market. The infographic below from Florida Realtors has more data from the month.

Categories
Home Buying Real Estate

Avoid Home Buying Surprises

Buying a home is a major life decision. Accordingly, it is best to minimize surprises throughout the process. The infographic below from Florida Realtors shines a light on five costs that people often don’t think about when going through a home purchase.

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Home Buying Home Selling Investing in Rentals Real Estate

Snowbirding

The snowbird lifestyle, once predominantly popular among retirees, continues to gain wider appeal in the post-pandemic era, largely due to the continued availability of full-time remote work. This shift enables people of various ages to split their time between two different cities or locations, typically seeking warmer climates during the winter months, especially for those living in northern regions.

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Home Buying New Construction Real Estate

New Construction Questions

Buying a new home can be trickier than purchasing an existing home. Florida Realtors has put together the infographic below with a series of questions you should ask before entering into a contract with a new home builder.

Categories
Home Buying Home Selling Real Estate

Sarasota County Single-Family Home Update

December came in much better than November in Sarasota as most of the 2024 hurricane season hangover appears to be behind us. There are still more listings coming on the market than there are closed sales, but inventory levels have to get considerably higher before we truly see a buyer’s market. For now, this season is shaping up to be a balanced market for sellers and buyers. The infographic below has more from Florida Realtors.