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”

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”

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 historicallyContinue reading “Housing Market Wealth Grows”

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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