Latest from the Blog
- Renters Prefer Smaller Metro Areas
Similar to home buyers, renters now prefer smaller metro markets. The advantage of more open space and lower costs are the driving forces. COVID-19 changed people’s ability to work from home. Larger metro areas like San Francisco and San Jose saw double-digit rent decreases. Conversely, some smaller Metro areas saw double-digit increases in rents. Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.
- Noisy Homes Sell for Less
Homes within a 2-mile radius of an airport sell for over 13% less than homes in the same zip code. Sellers near a railroad saw values decrease by over 12%. Busy highways reduced sale prices by over 11%. Data per realtor.com® Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.
- Housing Market Wealth Grows
Homeowners in Sarasota County saw the median sale price increase from $297,000 to $350,000 for single-family homes in December. That was a year over year increase of 17.8%. Manatee County saw an increase from $335,000 to $357,900, a 6.8% increase. The limited inventory of homes for sale and surging demand by buyers driven by historically low mortgage rates is driving home prices to new highs. For detailed monthly sales data click on Sold Metrics. Please contact Ed Curry at 941-799-9440 if you are thinking of selling or purchasing a home.
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