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.
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”
(1) Not getting a mortgage pre-approval. This is step one period. (2) Shopping for a home you cannot afford. Know your budget and don’t go over it. (3) Using a shady mortgage lender. Incompetent lenders will blow up your home purchase. (4) Submitting a lowball offer. Many home sellers will not even respond. (5) BuyingContinue reading “5 Common Home Buying Mistakes”
Florida gained 241,256 new residents from July 2019 to July 2020 according to the U.S. Census Bureau. Florida was second in the nation in population growth behind only Texas. COVID-19 and higher home prices in other Northern urban areas may be partly responsible for the population growth according to experts. Please contact Ed Curry atContinue reading “The Move is On!”
The real estate market is very heavily favoring home sellers at this time because of a lack of homes for sale. Homebuyers will most likely experience a multiple offer situation regarding homes they wish to purchase. Avoid these common home buyer offer mistakes: 1) The fastest way to alienate a home seller to make aContinue reading “Mistakes When Making A Home Offer”
There are approximately 1.4 million Florida homeowners who would benefit from refinancing their homes because of lower mortgage rates according to a national research. firm. These homeowners are high quality refinancing candidates because they have at least 20% equity in their homes and a credit score over 720. Florida is second in the nation inContinue reading “$309 Average Monthly Savings”
20 and 30-year-old home buyers are helping to keep the home sale market strong. More than half of new mortgages were made to this demographic according to Realtor.com. Millennials have now surpassed Baby Boomers as the largest adult group in America.