Property taxes are vital for funding schools, libraries, police departments, fire departments, and public works like roads and parks. However, that doesn’t mean we enjoy paying them. If you are seeing them creep up in your area, here are five reasons that might be to blame and a few things you can do about it.
Category: Home Buying
Although the luxury single family home market ($1M+ homes) is much better balanced this year than last, it is still a strong buyer’s market in both Manatee and Sarasota counties. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.
I have been through several new developments lately, and this one really caught my eye. As Lakewood Ranch is heading south into Sarasota County, it is presenting new communities for us to discover. Entering this community, I immediately saw why it is special. You get immediate views of the two main lakes, with over 144 acres of water. The views from your lanai will be simply amazing.
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5 Don’ts of Home Buying
Whether you are buying your first home or your last home, there are several things you will do right and some things that you may get wrong. One of our jobs is to help minimize the things that you may get wrong. Here are some tips for making sure the next home you buy is a sound investment for you and your family.
Home prices in the United States rose an average of 6.6% last year. That rate is simply unsustainable. While CoreLogic is predicting that home prices rise again in the next 12 months, that rise is expected to be 4.8%, or slower than last year. So, what about prices in Florida?