Why Are Home Prices Rising So Fast

It has been my pleasure to help many of you buy and sell homes in the past 19+ years. I’m going to ask your help today in referring anyone you may know who is looking to sell their property in Sarasota or Manatee Counties. The local market is so hot that we have only aContinue reading “Why Are Home Prices Rising So Fast”

Little Home Wreckers!

Florida has four cities in the top ten worst areas for termites nationally, according to Orkin.: Miami (1), Tampa (3), West Palm Beach (6), and Orlando (9). Protect your home or your future home (home buyers) by getting a termite inspection from a reputable company. Please contact Ed Curry at 941-799-9440 if you are thinking of sellingContinue reading “Little Home Wreckers!”

Sight Unseen Home Offers Continue Rising

Buyers are snapping up homes for sale nationally that they have never set foot in. The competition is fierce for home buyers both locally and nationally. The current inventory of homes for sale in the Manatee/Sarasota area is under 30 days. A balanced market is generally a six-month supply of homes for sale. FaceTime, Zoom,Continue reading “Sight Unseen Home Offers Continue Rising”

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 historicallyContinue reading “Housing Market Wealth Grows”

Buyer Purchasing Power Goes Up $33,000+

Lower mortgage rates have increased the purchasing power of buyers by an average of more than $33,000 from one year ago.  That is almost a 7% increase from last year.  Increased home prices, however, are negating that increase in purchasing power.  Home prices have seen average increases nationally of over 8%.  Please contact Ed CurryContinue reading “Buyer Purchasing Power Goes Up $33,000+”

Buyers Choose New Construction Because of Existing Home Shortage

New single family home sales are up nationally almost 14% from June to July. There is a real shortage of existing home inventory for buyers to choose from. Many buyers are looking to new home builders to fill their needs. In the Sarasota/Manatee County area our inventory of homes for sale in slightly over aContinue reading “Buyers Choose New Construction Because of Existing Home Shortage”

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