Category: Home Buying

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Home Buying Home Selling Real Estate

Sarasota County Market Update for Single-Family Homes

Unlike Manatee County, Sarasota County’s market clearly favors buyers at this point. Unless we see a major uptick in sales over the next three months, there will be a significant amount of inventory left on the market heading into our slower season this summer. Cash buyers are still out there in a big way, so I am not sure pricing leverage is quite as high for typical buyers as they would like. That said, if you are interested in a property in Sarasota County, we have significantly worse times to buy. The infographic from Florida Realtors below contains more information.

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Home Buying Home Selling Real Estate

Manatee County Market Update for Single-Family Homes

While closed sales saw solid year-over-year growth in January, they didn’t keep pace with new inventory on the market. Accordingly, the market continued to shift toward buyers in January. It is still relatively balanced, but it is in better shape at lower price points than the higher end of the market. Due to more transactions at the lower to middle end of the market, the median sales price was down a whopping 8.6% when compared to January of 2024. Overall, it feels like opportunities exist for home buyers in the market. The infographic below from Florida Realtors has more data from the month.

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Home Buying Real Estate

Avoid Home Buying Surprises

Buying a home is a major life decision. Accordingly, it is best to minimize surprises throughout the process. The infographic below from Florida Realtors shines a light on five costs that people often don’t think about when going through a home purchase.

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Home Buying Home Selling Investing in Rentals Real Estate

Snowbirding

The snowbird lifestyle, once predominantly popular among retirees, continues to gain wider appeal in the post-pandemic era, largely due to the continued availability of full-time remote work. This shift enables people of various ages to split their time between two different cities or locations, typically seeking warmer climates during the winter months, especially for those living in northern regions.

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Home Buying New Construction Real Estate

New Construction Questions

Buying a new home can be trickier than purchasing an existing home. Florida Realtors has put together the infographic below with a series of questions you should ask before entering into a contract with a new home builder.