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. PleaseContinue reading “Renters Prefer Smaller Metro Areas”

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”

Mistakes When Making A Home Offer

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”

$309 Average Monthly Savings

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”

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