When you are looking to negotiate your next home purchase, it helps to show the seller that you are a serious buyer. Also, if you are selling, you want to ensure you engage with buyers that are ready to purchase. The infographic below from Florida Realtors provides insights on how you can do just that.
Inventory gains continue to outpace closed sales in Sarasota County. It isn’t yet at a point where buyers will gain the upper hand, but it sure is close. At this point, each transaction will have its own leverage points for buyers and sellers, which is actually a great market to be in. Cash sales as percentage of transactions saw a major drop in July. That will be an interesting statistic to watch in the coming months as a lower number there allows more people to compete for homes in Sarasota County. The infographic below from Florida Realtors contains more information.
Florida Realtors has put the infographic below together to help us with things to consider prior to taking the plunge.
Mortgage interest rates have trended downward over the past 30 days, leading to potential savings for new borrowers of approximately $19 per month for every $100,000 borrowed. As of this week, the average U.S. interest rate for 30-year fixed-rate mortgages stands at 6.49%, down from 6.77% a month ago. However, forecasts for future interest rate changes remain mixed.
The main reasons to own your home are timeless. The infographic below from Florida Realtors lays out some of the most important ones.
