Category: Home Selling

Categories
Home Buying Home Decor Home Selling Real Estate

2024 Home Improvement Trends to Watch

As we adapt to the new mortgage interest rate landscape in 2024, it’s anticipated that many homeowners will focus on renovating their existing homes. This approach allows them to retain their low mortgage rates while enhancing the comfort, livability, and convenience of their properties. Below are key home improvement trends to watch for in 2024:

In-Law Suites: With the trend of not purchasing larger homes, adding spaces for in-laws, adult children, or even nannies is gaining momentum. Homeowners are exploring various options such as accessory dwelling units (ADUs), guest houses, or garage apartments to expand their living spaces.

Continue reading “2024 Home Improvement Trends to Watch”
Categories
Home Selling Real Estate

Features That Sell Homes

As the competition level for home sales is increasing in our area, I thought I would share the infographic below from Florida Realtors. If you are wanting to put your best foot forward with a home sale, you might want to consider an upgrade or two before listing your property.

Categories
Home Buying Home Selling Real Estate

Sarasota SFH Market Update

The story in Sarasota County was about listings in November. As sellers are getting more comfortable putting their homes on the market, transactions are ramping up heading into our busy season in Florida. With roughly five months of inventory on the market at November’s sales pace, it is a better time to buy than we have seen in a long time. That said, six months of inventory is generally considered market balance, so sellers aren’t yet in a challenging position. Rather, negotiating leverage should be good for both parties this winter. The infographic from Florida Realtors below has more detail.

Categories
Home Buying Home Prices Home Selling Real Estate

Manatee SFH Market Update

It was good to see continued year on year growth in single-family home transactions in Manatee County in November. Further, as inventory grew at a slightly higher pace, the market continues to look like it is in balance heading into our busy season in Florida. It is still a reasonable time to be either a buyer or seller, but a little patience goes a long way in this market. The infographic below from Florida Realtors has more information.

Categories
Home Buying Home Selling Real Estate

Looking into 2024 – Inventory

As 2023 draws to a close, numerous forecasters are sharing their insights for 2024. Currently, the consensus suggests little deviation from the trends observed in 2023. However, experience has taught us that forecasts often miss the mark.

Continue reading “Looking into 2024 – Inventory”