Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends generally give you a good idea of what to expect.
While the luxury single family home markets ($1M+ homes) in both Sarasota and Manatee counties are buyer’s markets, they are both significantly better now for sellers than they were last year at this time.
Unfortunately, our homes do not always grow with us. What may have initially worked fine for a single person, a young couple’s starter home, or a family with a newborn can quickly become too small as families expand and multiple generations live under one roof.
We saw mortgage interest rates drop again in the last 30 days. The recent change will save new borrowers over $8 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 2.88% as of this week. Last month at this time, they were sitting at 3.03%.
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Of course, it is important to get the most bang for your buck when deciding what items to address. Here are our top four recommended repairs to make before selling your home.