This three bedroom, three bath home is now available. It features 2,221 square feet of living space and a two-car garage. Listed at only $357,000, this recently renovated home is bright and airy and boasts the coveted Endless Summer wide-open floor plan that is both spacious and functional.
We saw a very solid real estate market for single family homes in the first half of 2018 in both Manatee and Sarasota counties. Between the two counties, almost $3 billion worth of homes sold from January through June. The table below shows some of the highlights from the first half of this year.
Whether you are looking for a family home or to invest in a rental property, you don’t want to miss this one. This newly renovated, Morrison-built home is centrally located in the distinguished neighborhood of Summerwood. Listed at only $425,000, this property is sure to move quickly.
The latest mortgage statistics show higher levels of delinquencies this year. Both short-term delinquency rates (30 days late) and more serious delinquencies (90 days plus late) are up when compared to the same period last year. However, foreclosure rates continue to be lower than they were last year.
We saw mortgage rates stay essentially flat again last month after a rapid rise to start this year. Average U.S. rates for 30-year fixed rate mortgages are currently at 4.54%. At the end of last month, they were sitting at 4.55%. While it is great to see upward momentum reverse for the time being, the general forecast continues to be for a slow continued rise over the rest of the year.