Arrive by boat or by car! Homes like this one with front and back bay views on Siesta are rarely available. Listed at $5,925,000, this five-bedroom, six-bathroom home boasts 7,443 square feet and six garages.
Tag: Sarasota County
The latest mortgage statistics show an improving market in Sarasota and Manatee counties as the numbers continue to improve. Both short-term delinquency rates (30 days late) and serious delinquencies (90 days + late) are lower than they were last year at this time. From a mortgage perspective, Hurricane Irma had significantly more impact than this year’s red tide.
We saw mortgage rates drop slightly last month. The most recent decrease will save new borrowers an additional $3.03 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 4.81% at the end of November (and are even a little lower as I am writing this). At the end of October, they were sitting at 4.86%. 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.
Whether you are looking for a family home or an investment property, you don’t want to miss this one. This newly renovated, Morrison-built four bedroom, three bathroom home is centrally located in the distinguished neighborhood of Summerwood. Listed at only $425,000, this property is will likely move quickly now that we are in season.
For the second month in a row, the Sarasota and Manatee county markets for condos & townhomes are moving in lockstep for homes below $600,000. However, the Manatee market has really slowed down when compared to Sarasota for condos above $600,000.