The local market for condos and townhomes is continuing its shift in the Pandemic. When compared to last year at this time, the market favors buyers across all price points in Sarasota County. While Manatee County has the same story as Sarasota County across most price points, the $600,000 to $999,999 price range has improved materially for sellers when compared to last year at this time. If you did not read my update on single family homes, I will say that the condo and townhome market is moving in a different direction than the market for single family homes.
Category: Home Buying
Is housing one of the best money-making opportunities available today? I know, how could that be possible with the Pandemic continuing to gain steam? Even with the Pandemic, I am reading more and more positive reports from experts. Here are some of the facts that keep reappearing.
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.
Home sales across the United States are picking up again despite the sudden loss of some 22 million jobs due to the coronavirus pandemic. How does that make sense? Record-low mortgage rates and a lack of homes for sale are two key reasons that help explain the dramatic rebound. However, those factors do not tell the whole story.
Congratulations to our sellers in Eagle Trace! Their lovely home is in contract so they can move on to their next adventure.