You’ll never get bored when you try something new. There’s really no limit to what you can do. – Dr Seuss
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Tag: Sarasota County
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Happy Holidays!
Happy Holidays and all the best to you in the year to come!
While we saw mortgage interest rates drop a bit to begin the last 30 days, they are now back in essentially the same place they were at this point in November. The miniscule change will save new borrowers just over a $1 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.73% as of this week. Last month at this time, they were sitting at 3.75%.
The local market for condos and townhomes is continuing its shift. When compared to last year at this time, the market moved towards a buyer’s market across the lower price points in Manatee County and the higher price points in Sarasota County.
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.
